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Corporate Development Manager (Project & Structured Finance)

ON.energy · Hybrid · United States

Posted by ON.energy on their careers site · View the original posting

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Mid level · asks for 4+ years

Open 14 days

The posting, as ON.energy wrote it

ON.energy is setting the standard for large load interconnection. ON’s patented AI UPS™ is a medium-voltage UPS that serves as a firewall, protecting the data center from the grid, and the grid from the data center. With multiple gigawatts currently under construction, we are enabling grid-safe data centers.

About the role

ON.energy is setting the standard for large load interconnection. ON’s patented AI UPS™ is a medium-voltage UPS that serves as a firewall, protecting the data center from the grid, and the grid from the data center. With multiple gigawatts currently under construction, we are enabling grid-safe data centers.

We are seeking a Manager to join the Corporate Development team, focused on project and structured finance, reporting to the Head of Investment Finance. This role will drive ON.energy’s development and structuring of new business models and financing strategies, owning the modeling, contracting, and lender relationships behind offerings that expand how customers deploy our technology. Beyond structured finance, you will also contribute to broader corporate development initiatives, including capital raising, M&A, and board and investor materials.

This role is suited for candidates with 4+ years of experience in project finance, structured finance, or infrastructure investing, a track record of taking financings from term sheet to close, and a desire to take on significant responsibility at a rapidly growing, category-defining company at the intersection of energy, digital infrastructure, and AI-driven power demand. The ideal candidate is a hard-working self-starter who combines strong technical skills with sound commercial judgment, is comfortable building structures where there is no established playbook, and can represent ON.energy credibly with banks, lenders, and investors.

You will join a small, high-impact team where ownership is real and the pace matches the opportunity, with direct visibility to senior leadership, the board, and external stakeholders. This is a hybrid role with a minimum of three days per week in our New York office and up to 10% travel.

Key Responsibilities

Project Finance Modeling

  • Own ON.energy’s project finance models end to end, including cash flow waterfalls, debt sizing and sculpting, coverage ratios, reserve accounts, tax attributes, and returns
  • Run sensitivity and scenario analyses to inform pricing, structuring, and investment decisions
  • Set modeling standards and prepare models for lender diligence and third-party model audit
  • Translate model outputs into clear materials for senior leadership, investment committees, and lenders

Structuring and Execution

  • Drive the financial structuring of new commercial offerings for ON.energy’s products, evaluating ownership, contracting, and capital structures and their impact on returns, risk allocation, credit, tax, and accounting
  • Run financing processes from term sheet through financial close, including lender outreach, dili

[…]
n and negotiation skills, with the ability to represent ON.energy with lenders, investors, and counterparties

  • Self-starter with a strong work ethic and a high degree of ownership, able to operate independently and build processes from scratch on a lean team
  • Advanced proficiency in Excel and PowerPoint

Strongly Preferred

  • Experience in energy storage, power generation, data centers, or digital infrastructure
  • Experience with tax equity, ITC transferability, or other tax credit monetization structures
  • Experience with private placements, securitization, or other DCM execution
  • Experience structuring first-of-a-kind financings, new asset classes, or novel commercial structures
  • Completion of a formal analyst program at a bank

For US-based roles - What you’ll get

  • Competitive salary + annual performance-based bonus eligibility
  • Medical, dental, and vision insurance
  • 401(k) with company match
  • Paid time off and company holidays

For Mexico-based roles - What you’ll get

  • Competitive salary + annual performance bonus eligibility
  • Christmas Bonus (Aguinaldo): 30 days
  • Major medical expenses and life insurance
  • Paid time off and holidays (per local policy)

For all roles

  • Professional development and growth opportunities
  • Opportunity to grow with a mission-driven team shaping the future of clean energy
  • Equal Opportunity: ON.energy is committed to equal employment opportunity and to maintaining a work environment free of harassment, discrimination, or retaliation.
  • Benefits vary by role and location and are subject to change.

Agency Notice: ON.energy does not accept unsolicited resumes from staffing agencies, search firms, or third-party recruiters. Resumes submitted without a fully executed Master Services Agreement (MSA) and a written request from an authorized member of our Talent Acquisition team will be considered the property of ON.energy. No placement fees or compensation will be paid for unsolicited candidate submissions.