Project Finance Sr Associate (US)
Terradot
Our mission is to stabilize Earth’s climate by transforming nature’s most powerful permanent carbon removal process into a global climate solution. By advancing science, building technology, and assembling a global coalition, we are catalyzing a global initiative to scale Enhanced Rock Weathering (ERW) within the next decade, starting in Brazil.
We are in advanced development of Project Jacutinga, our flagship ERW project in Brazil. ERW is an innovative, scalable, and durable carbon removal technology based on dramatically accelerating Earth’s natural permanent carbon removal process.
Founded out of the Stanford University ecosystem, Terradot is led by the world’s leading experts to advance the science and technology of ERW. Our unique structure bridges industry, academia, and government and allows our team to contribute with speed & scale. We have raised $58.2M in total funding from John Doerr, Sheryl Sandberg & Tom Bernthal, George Roberts, Microsoft’s Climate Innovation Fund, Google, Cisco and Venture Funds, Floodgate, Kleiner Perkins, Acre Venture Partners, Gigascale Capital, Valor Capital, Ponderosa Ventures and others. We have sold ~300,000 tons in offtakes from leading CDR buyers like Frontier and Google. In January 2026, we announced the acquisition of Eion, the first ERW company, and forming the leader in ERW with multiple projects across multiple rocks types, continents and feedstocks.
Position: Senior Associate, Project Finance, US
Location: San Francisco, CA or New York, NY
Languages: English, Portuguese (optional)
The Role:
We are hiring the first Senior Associate on our US Finance team to help fund the first and next generation carbon removal projects. This is an incredible opportunity to unlock the scale of enhanced rock weathering through applying innovative project finance structures to a proven but emerging asset class.
The role will lead financial analysis and financing processes and report to the VP Finance - US. There will be broad visibility and cross-functional connectivity within the Terradot organization with extensive opportunities to work with external financing entities and have international exposure.
This role is perfect for someone who is excited about applying their strong project finance experience in an entrepreneurial setting that is fast-paced, rigorous, collaborative. If you are a first principles, independent, truth seeker who approaches new problems with curiosity and knows how to execute with limited resources then this opportunity is for you.
Role Responsibilities:
- Financial Modeling & Analysis:
- Aggregate detailed information and inputs from across the Company and translate that into actionable information
- Build and maintain project finance-style cash flow models from scratch to evaluate the economics of ERW offtake agreements, including revenue forecasting, cost structures + unit economics, delivery schedules, and return profiles under various scenarios
- Model complex multi-layered financial structures, with multiple currencies, and intercompany agreements
- Contribute to the development of Terradot's US capital strategy and financing roadmap
- Work cross-functionally and cross-culturally
- Deal Execution & Closing:
- Analyze term sheets, under deal documents, and communicate with financial partners.
- Lead the financial due diligence process for offtake financing transactions, coordinating with legal, technical, and commercial teams.
- Manage the end-to-end deal process from initial screening through closing, including preparing investment committee materials and coordinating workstreams.
- Build and maintain relationships with financing partners including commercial banks, infrastructure funds, and specialty lenders
- Marketing & Investor Materials:
- Create compelling investment materials including pitch decks, investment memos, and information memoranda for prospective financing partners
- Prepare materials for quarterly stakeholder updates, investor meetings, lender presentations, and board updates
- Contribute to thought leadership content on carbon project finance and ERW market development
Background and Requirements:
- 4-7 years of experience in project finance, infrastructure investing, or related fields with significant exposure to financial modeling and deal execution
- Demonstrated expertise in building complex financial models from scratch, including detailed assumptions, sensitivity analysis, and scenario planning
- Track record of successfully closing transactions and managing multiple deal processes simultaneously
- Strong understanding of credit analysis, capital structures, and financing documentation
- Experience with carbon markets, renewable energy, or agriculture is highly valued
- Exceptional attention to detail and ability to work with large datasets and unstructured financial information
- Advanced proficiency in Excel financial modeling; experience with data visualization tools is a plus
- Outstanding written and verbal communication skills with ability to efficiently distill complex financial concepts for diverse audiences
- Bachelor's degree in finance, economics, engineering, or related quantitative field; MBA or CFA is a plus
Nice to Haves:
- Experience with carbon markets, particularly in the voluntary carbon market or compliance markets
- Prior work with early-stage or high-growth companies, particularly in climate tech, agtech or sustainability sectors
- Working knowledge of tax credits, emissions reduction credits, and other forms of support mechanisms.
- Existing relationships with specialty lenders, infrastructure funds, IFI/DFCs, or climate-focused investors
- Working knowledge of carbon credit verification protocols and standards (e.g., Verra, Isometric, Puro.earth, ISCC)
Personal Attributes:
- Entrepreneurial mindset: You thrive in ambiguity and are energized by building new processes and frameworks from the ground up in a fast-growing organization
- Analytical rigor meets commercial pragmatism: You combine strong technical and quantitative skills with business judgment and the ability to balance precision with speed
- Collaborative team player: You work effectively across functions—comfortable partnering with project developers, commercial teams, legal, and external partners to get deals done
- Mission-driven: You're passionate about climate solutions and excited to apply your finance skills to scale a technology that can make a meaningful impact on atmospheric CO₂
- Resourceful problem-solver: When faced with challenges or information gaps, you find creative solutions and aren't afraid to roll up your sleeves
- Clear communicator: You can translate complex financial analyses into clear insights and recommendations for both technical and non-technical stakeholders
- Results-oriented: You take ownership of your work, follow through on commitments, and are motivated by seeing tangible outcomes from your efforts
What does success look like in this role?
- Within 6 months: You've built robust financial models for our US offtake portfolio, established relationships with 3-5 potential financing partners, and contributed to closing at least one financing transaction
- Within 12 months: You've become an expert on offtake financing at Terradot, having supported multiple successful deal closings that unlock capital for our project pipeline. You've developed a repeatable framework and toolkit for evaluating and structuring offtake financings
- Ongoing: You're proactively identifying new financing opportunities and structures, your financial analyses directly inform our commercial strategy and pricing decisions, and you're building Terradot's reputation in the project finance community as a sophisticated and reliable partner