C
Crux

Senior Product Manager

Full-timeProduct Manager$158,000 - $191,000*
Remote
Health insurance
When applying, please mention you found this role on WeLoveProduct - it helps Crux track where great candidates come from 🙌

Crux makes clean energy finance more efficient and interconnected.

Energy demand is rising for the first time in decades, driving an urgent need for more infrastructure to deliver affordable and reliable electricity. New infrastructure requires domestic supply chains for minerals and components, as well as large amounts of capital. Unfortunately, accessing the necessary financing at each stage of a project lifecycle presents challenges for developers and manufacturers.

Crux is the capital markets platform changing the way clean energy and manufacturing projects are financed in the U.S. Our first offering is the leading platform for the rapidly growing market of energy and manufacturing tax credits. These credits are newly transferable, creating a powerful new market mechanism to drive abundant clean energy and a strong domestic supply chain. Since its founding in 2023, Crux has facilitated billions of dollars in transferable tax credit transactions. 

Our team of 30+ is composed of experts in energy, financial markets, government, marketplaces, and workflow software. We have raised ~$27 million in capital from some of the best investors, including Andreessen Horowitz, Lowercarbon Capital, New System Ventures, Overture, Ardent Venture Partners, QED, Canapi, and others. These funds are joined by strategic investors including Pattern Energy, Clearway Energy, EDF Renewables, Intersect Power, LS Power, Orsted, Hartree Partners, and others who collectively generate billions of dollars of tax credits annually.

Clean energy finance by the numbers:

  • 160% increase in power demand from data centers by 2030, according to Goldman Sachs

  • 95% of the increase in global power capacity through 2026 will be clean energy, according to the IEA

  • $500B+ estimated credits to be monetized through 2030, according to Credit Suisse

The traditional process for transacting tax credits is manual & onerous: from pairing supply with demand, negotiating economic terms, conducting diligence, and formalizing legal agreements. We’ve built a product that solves parts of that problem but now need to expand its breadth & depth in a rigorous, analytical way. We are hiring a Senior Product Manager to own that experience – making the market evermore efficient, intelligent & liquid.

We believe the right hire will help us make this experience software-driven, where the core of the transaction is done on the Crux platform, while our experienced commercial teams can focus their energy on the most complex buyers, sellers & advisors. To get there, we will need to continuously look at the transaction journey, and invent ways to automate a greater and greater percentage of it. Some of that will come through extensions of our existing featureset, while the remainder will require substantial creativity and innovation.

This product manager will work in close collaboration with our experienced engineering, product & customer-facing teams to express the vision & help bring it to life.

Our Values

  • Care for each other: We want to work on a team where people support each other - in their growth, in their work, and towards our shared mission. When we do that, we have fun.

  • Build and improve rapidly: The thing we can best control is our pace of learning and pace of execution. We can’t control the market, regulators, or what competitors do. One of the best ways to move rapidly is to focus, and consistently ask ourselves if we are prioritizing the right things and executing them as best as possible.

  • Focus unremittingly on customers: Developers, manufacturers & their advisors are doing critical work to accelerate renewable energy development. Our obligation is to them first, and we must keep their needs front & center in everything we do.

  • Demonstrate ownership: We are all owners of Crux. This is our team, our company, our product and we show that to each other.

  • Convene a team that reflects the breadth of experiences in the country: We expect everyone to actively help us build a team where people of all backgrounds can thrive. This applies in hiring, people policies, how we interact - and connects closely with caring for each other.

What you’ll do

  • Own the Crux transferable tax credit platform: a suite of tools that allow developers & manufacturers to list their credits, negotiate with buyers, prepare for a transaction, and then execute that transaction 

    • Improve that experience to continuously make it more efficient, transparent & liquid

    • Develop and own the vision for that experience over the coming years

    • Work directly with customers & customer-facing teams to identify, test & roll out features

  • Partner with engineering & design to implement & iterate on new features

  • Define & establish metrics to help us understand how & where we can improve

  • Actively participate in company-building: help us improve Crux for our customers & as a team

Who you are

  • Executional Excellence: you are high ownership, and solve problems for customers. You likely have 5-8 years of experience in product management. You may have worked in the following similar domains: B2B software, complex industries that interact with the built world or operationally-intensive businesses

  • Strategic Rigor: you are thoughtful in your strategic thinking. We find that usually means strengths in modulating communication altitude, understanding & articulating first & second-order effects of things, identifying novel & elegant solutions to problems and a crisp ability to disentangle problems

  • Startup Minded: you are excited about working at an early-stage startup, which involves wearing multiple different hats, iterating a lot, and owning a significant surface area of product

  • Mission Oriented: you want to use your skills to improve sustainable finance, in a collaborative team environment

What we offer

  • Estimated all-in cash compensation of $175-200k

  • Competitive equity package

  • Healthcare benefits, including dependent coverage

  • Remote-first company

  • Travel stipend to get the team together at least once a quarter

We encourage you to apply even if your background doesn’t precisely fit the job description - we know that our ability to define the job is limited by our own experiences, and are very open to having those assumptions challenged. Join us.

We provide equal employment opportunities to all applicants without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law.

Questions & answers for this position
  • What is the type of contract for this position?
    The contract for this position is a Full-time contract
  • What's the salary range for the Senior Product Manager position?
    The suggested salary for this position is $158,000 - $191,000*
  • Is telecommuting possible for this position?
    Yes, telecommuting is possible for this position

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