Structured Finance, Associate
New York, NY$150k - $250kFull-timePosted 3mo ago
About the role
Associate role on the Strategic Finance Team focused on high-yield, senior secured, and project/ equipment finance for large-scale AI infrastructure and data center deployments.
Responsibilities
- Support financing execution across high-yield bond issuances, senior secured term loans, and equipment and project finance facilities, helping manage diligence, track lender and counsel workstreams, and coordinate documentation through close.
- Build, maintain, and audit transaction models: debt sizing, DSCR waterfalls, restricted payment mechanics, levered and unlevered returns, and multi-scenario sensitivities, owning model accuracy and flagging issues to senior team members.
- Review and model credit support (guarantees, credit wraps, off-take agreements, investment-grade backstops) and analyze warrant agreements and equity co-invest structures, building fluency in how each affects debt sizing and underwriting.
- Evaluate capital structures across HoldCo/OpCo/PropCo, cross-collateralization, cross-default, and intercreditor arrangements under the guidance of senior team members.
- Support external counsel, financial advisors, and counterparty working groups, tracking open legal and commercial issues and moving resolutions forward on deal timelines.
- Support investor and lender materials (investment memos, lender presentations, bond offering documents, approval packages), and partner with development, power, site selection, legal, and technology to gather inputs and communicate how financing affects project outcomes.
Qualifications
- You've worked in leveraged finance, structured credit, or a related capital markets role at a bank, credit fund, or infrastructure sponsor.
- You've had exposure to deal execution: diligence, documentation, and lender and advisor coordination.
- You build, maintain, and audit transaction models for multi-tranche capital structures, with guidance from senior team members.
- You write clearly, drafting organized memos, summaries, and deal-tracking materials.
- Bonus: Data center, power, or digital infrastructure finance on the debt or equity side. Credit agreement mechanics, covenant structures, and high-yield or leveraged loan documentation. Credit support structures (guarantees, off-take agreements). Warrant agreements and equity co-invest structures. SPV structuring or multi-lender intercreditor arrangements.
Skills
Required:Leveraged finance / structured creditFinancial modelingDiligence and deal execution
Last updated Sep 22, 2026. Interested? Apply on the company site.
About Fluidstack
Fluidstack builds civilization-scale infrastructure for AI
Fluidstack builds civilization-scale infrastructure for AI, delivering gigawatts of compute in 6 months. We're leading the deployment of Anthropic's $50B compute build out.
AI infrastructurecompute centershardwaresoftwarepowerdata centersAnthropicfrontier compute
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