Corporate Development Associate, Lambda

Structured Finance

$150-220k

+ Equity

Junior and Mid level

San Francisco Bay Area

More information about location

4 days a week in office

Deep learning infrastructure company

Open for applications

Deep learning infrastructure company

501-1000 employees

B2CB2BArtificial IntelligenceEnterpriseManufacturingDeep TechMachine LearningCloud Computing

Open for applications

$150-220k

+ Equity

Junior and Mid level

San Francisco Bay Area

More information about location

4 days a week in office

501-1000 employees

B2CB2BArtificial IntelligenceEnterpriseManufacturingDeep TechMachine LearningCloud Computing

Company mission

To make compute as ubiquitous as electricity and give everyone in America the power of superintelligence.

Job

Company

Role

Who you are

2-4 years of experience in investment banking, specifically focused on digital infrastructure, debt capital markets, or structured products roles
Expertise in project finance, including the design and execution of complex secured and unsecured debt transactions
Fundamental understanding of legal entity structuring, intercompany dynamics, and credit risk mitigation techniques
Experience supporting credit agreement negotiation and managing due diligence for multi-party financing transactions
Exceptional modeling, communication, and project management skills
Self-starter who thrives on solving problems directly, not delegating them—willing to go deep into documentation, models, and deal mechanics
Experience in capital-intensive industries (data centers, infrastructure, cloud, semis, telecom, renewables, etc.) preferred

What the job involves

We’re seeking a high-caliber finance professional to join our Corporate Development team as an associate focused on capital formation and strategic transactions
This is a critical role focused on the execution of Lambda’s project financings and partnerships
You will be responsible for executing multi-billion-dollar GPU and data center funding strategies as well as supporting Lambda’s strategic investments in the AI infrastructure market
You’ll work closely with the CFO, Head of Corporate Development & Capital Markets, as well as external counterparties (banks, credit funds, advisors, legal counsel, etc.) to ensure Lambda’s rapid expansion
Model, execute, and present on complex financing structures, including:
Asset-backed loans (ABL / ABS)
SPVs and bankruptcy-remote entities
Secured and unsecured term loans and revolvers
Receivable purchase facilities (RFP) and warehouse facilities
HY bonds, public convertible notes, etc
Hybrid/equity-linked instruments
Support deal structuring and recommend solutions to the executive team
Interface with lenders, bankers, advisors, strategic partners, and founders
Own deal-level financial models including cash flow waterfalls, merger models, and potential investment return models
Prepare board-facing materials and analysis to support transaction decisions
While this is primarily a Capital Markets focused role, candidates should also demonstrate the ability to evaluate M&A and strategic investment opportunities in the AI Infrastructure market

Our take

Lambda is a leading provider of deep learning GPU cloud services and computing hardware, founded to aid in providing a solution to the difficult problem of teaching machines how to see and learn.

Their customers include Apple, Intel, Microsoft, Linkedin, and Fortune 500 companies like Microsoft and Amazon Research, so it's no coincidence that Lambda GPU Cloud ranks number three on a google search for 'GPU cloud', behind only NVIDIA and Google itself.

After a successful 2025, the company is now looking at an initial public offering in the second half of 2026. This comes after the company signed a multi-billion-dollar contract with Microsoft to provide the hyperscaler with access to its GPUs, and it's also believed to have signed a $1.5B lease-back deal with Nvidia. This, coupled with significant funding put Lambda in a very good position for future growth.

Freddie

Company Specialist at Welcome to the Jungle

Insights

Top investors

26% employee growth in 12 months

Glassdoor (3.5)

Company

Funding (last 2 of 6 rounds)

Nov 2025

$1.5bn

SERIES E

Feb 2025

$480m

SERIES D

Total funding: $2.4bn

Company benefits

Health, dental vision
401k match
5 sick days and 12 paid holidays
Flexible PTO
Paid parental, medical, and caregiver leave

Company HQ

Financial District, San Francisco, CA

Leadership

Michael Balaban

(Co-Founder & CTO)

Graduating with a BS in Discrete Mathematics and Computer Science, Michael is experienced in software engineering and previously worked for Nextdoor as part of its infrastructure team.

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