About The New Industrial Corporation
The New Industrial Corporation ("The NIC") is an investment platform operating at the intersection of venture capital and infrastructure development. We back early-stage technology companies seeking to scale through revenue-generating facilities, and we serve as the active developer of those projects.
Our team brings together developers, investors, engineers, veterans, and company builders with a shared mission: to remove barriers to commercialization and deliver the infrastructure required for the next generation of industrial leaders.
Supported by leading venture capitalists and entrepreneurs, The NIC offers unparalleled exposure to high-profile transactions and engagement with some of the most influential figures in the industry.
The Role
We are seeking an Associate with 3 to 5 years of investment banking, project finance or infrastructure investing experience to be the core quantitative resource on our investment team.
You will build and own complex financial models, lead diligence workstreams and lead the preparation of Investment Committee materials, working across both company (top-co) investments and project-level financings. This is an opportunity to join a new investment platform as an early contributor and to work on pioneering transactions at the intersection of industrials and technology.
Key Responsibilities
Modelling and analysis
- Build complex financial models from scratch, including company operating and valuation models and project finance models (construction funding, debt sizing and sculpting, cash waterfalls and returns)
- Quickly pick up, audit and improve models prepared by portfolio companies, co-investors and advisors, and identify the drivers and risks that matter
- Run sensitivity, scenario and returns analysis, and analyze capital structures including debt, government funding and tax credits
- Conduct market, sector and comparable-transaction research to support investment theses
Diligence and Investment Committee
- Lead diligence workstreams across financial, commercial and technical areas, coordinating advisors and portfolio company teams
- Lead the preparation of Investment Committee memoranda, presentations and supporting analysis
Portfolio and platform
- Monitor portfolio company performance and support follow-on investment analysis
- Support materials for co-investors and capital raising
- Improve the team's model templates, deal tracking and AI-enabled workflows
Qualifications
Required
- Bachelor's degree in finance, economics, engineering or a related field
- 3 to 5 years of experience in investment banking, project finance (lender or advisory) or infrastructure / private equity investing
- Advanced financial modelling skills, including building operating, valuation and project finance models from scratch
- A track record of preparing investment committee or credit committee materials
- Exceptional attention to detail and a strong work ethic
- Advanced proficiency in Excel, PowerPoint and Word
- Clear written and verbal communication, and the ability to thrive in a small, high-intensity team
Preferred
- Exposure to energy transition, industrial or manufacturing transactions
- Experience with venture or growth equity investments
- CFA designation or progress toward it
Why The NIC?
- Work directly with the partners on every stage of a transaction, with real ownership from day one
- Gain exposure to both venture investing and project finance across first-of-a-kind industrial projects
- Be part of a culture that values rigor, ownership, creativity, joy, and clarity of thought
Compensation & Benefits
- Base salary range: $125,000 - 200,000, depending on experience
- Attractive annual discretionary bonus
- Standard customary benefits package to be provided
How to Apply
Please submit your resume and cover letter to: careers@newindustrial.com
In your cover letter, please explicitly state your view on why the market opportunity that The NIC is pursuing is both challenging and interesting for you to address with your skill set. Shortlisted candidates will be asked to complete a financial modelling exercise.
We thank all applicants for their interest. Only those selected for an interview will be contacted.
The NIC is an equal opportunity employer. We welcome applications from all qualified candidates, and accommodations are available on request throughout the recruitment process.
Applicants must be legally entitled to work in Canada or the US. This job description is not intended to be exhaustive and may be revised at the employer's discretion. www.newindustrial.com
