Structured Finance, Lead

Fluidstack; New York (NY); On-site; USD 180,000 - 270,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Retirement plan

Generous PTO

Pay equity and transparency

Job summary

Fluidstack, a data-center and infrastructure company building large-scale compute for AI, is seeking a senior finance professional to own financing execution for complex deals across debt and equity structures.

You will structure debt, coordinate with lenders and law firms, build cash flow models, and drive equity-linked instruments, working across development, power, and legal teams to align financing with project goals.

Qualifications

• 5–7 years in leveraged finance or structured credit
• Experience leading deal execution from term sheet to close
• Strong financial modeling capable of building/auditing complex models
• Manage external advisors and counterparty workstreams
• Draft clear investment memos, term sheets, and board-level materials

Responsibilities

• Lead financing execution across high-yield bonds, senior secured term loans, and equipment/project finance facilities
• Structure credit support arrangements and document protections
• Drive financial modeling for debt sizing and returns
• Coordinate with external counsel, financial advisors, and counterparties
• Design and stress-test HoldCo/OpCo/PropCo capital structures
• Support equity-linked and warrant structuring activities
• Prepare investor and lender materials with financial accuracy
• Collaborate with development, power, site selection, legal, and technology teams
• Develop internal deal playbooks and execution frameworks

Skills

Leveraged finance

Structured credit

Financial modeling

Deal execution

Stakeholder management

Investment memos

Board materials

Job description

About Fluidstack

We exist to make humanity more free. For most of human history, you farmed or you starved. Technology gave people more time for the things they wanted to do, instead of things they had to do. Powerful AI will be the biggest lever for human choice we've ever built - but only if models are aligned with what humanity actually wants. There are groups building AI who don't share these goals. Whoever deploys frontier compute infrastructure fastest will decide whether AI expands human freedom or shrinks it.

We're singularly focused on delivering 10 to 100s of GWs of compute faster than anyone else, rethinking every layer of the stack. We acquire power, design and build data centers, and operate them - with teams spanning hardware and software. Speed and scale are our key differentiators. Come be a part of building civilization-scale infrastructure for AI.

We hire people who care deeply about this problem space. If that is you, please apply!

Responsibilities

• Lead financing execution — Own workstreams across high-yield bond issuances, senior secured term loans, and equipment / project finance facilities. Drive term sheet negotiations, manage lender and counsel relationships, and coordinate documentation through close.

• Structure credit support arrangements — Analyze, negotiate, and document guarantees, credit wraps, off-take agreements, and other investment-grade backstop structures. Understand how these instruments affect debt sizing, covenant mechanics, and investor / lender underwriting.

• Drive financial modeling — Build and own transaction models covering debt sizing, DSCR waterfalls, restricted payment mechanics, levered/unlevered returns, and multi-scenario sensitivities. Be the team's primary check on model integrity across live transactions.

• Lead counterparty and legal coordination — Manage external counsel, financial advisors, and counterparty working groups. Track open legal and commercial issues, flag risks to senior leadership, and push resolutions forward on deal timelines.

• Design and stress-test capital structures — Evaluate HoldCo / OpCo / PropCo structuring, cross-collateralization provisions, cross-default mechanics, and intercreditor arrangements. Work with legal to translate structural decisions into documentation.

• Support equity-linked and warrant structuring — Analyze and help negotiate warrant agreements, equity co-invest structures, and other instruments issued in connection with strategic credit support or partnership arrangements.

• Prepare investor and lender materials — Own the production of investment memos, lender presentations, bond offering documents, and internal approval materials. Ensure financial accuracy and narrative coherence across all deal documents.

• Partner cross-functionally across the business — Work closely with development, power, site selection, legal, and technology teams to gather inputs for financial analyses, pressure-test commercial assumptions, and ensure financing structures are grounded in operational reality. Translate complex capital markets concepts for non-finance stakeholders and help the broader team understand how financing decisions affect project outcomes.

• Build organizational execution expertise — Develop internal frameworks, playbooks, and reference materials that codify deal learnings and improve execution consistency over time.

Required Experience

• 5–7 years of experience in leveraged finance, structured credit, or a related capital markets role at a bank, credit fund, or infrastructure sponsor.

• Demonstrated experience leading or significantly owning deal execution from term sheet through close.

• Deep financial modeling capability: able to independently build, audit, and pressure-test transaction models for complex, multi-tranche capital structures.

• Proven ability to manage external advisors and counterparty workstreams while driving transactions forward on timeline.

• Excellent written communication skills; able to draft clear, concise investment memos, term sheets, and board-level materials independently.

Preferred Experience

• Prior exposure to data center, power, digital infrastructure, or other capital-intensive real asset sectors — on the debt or equity side.

• Strong working knowledge of credit agreement mechanics, covenant structures, and high‑yield / leveraged loan documentation.

• Experience with credit support structures — guarantees, off-take agreements, or similar — and their impact on financing economics and lender underwriting.

• Familiarity with warrant agreements, equity co‑invest structures, or other equity‑linked instruments issued alongside credit facilities or strategic arrangements.

• Understanding of SPV structuring, multi‑lender intercreditor arrangements, and cross-collateralization mechanics.

• Prior people management or mentorship of junior deal team members.

Benefits

• Competitive total compensation package (cash + equity)

• Health, dental, and vision insurance

• Retirement plan

• Generous PTO policy

• We are committed to pay equity and transparency.

We are committed to pay equity and transparency.

Fluidstack is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Fluidstack will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.