At Setpoint Capital, we focus on asset-backed private credit investments where we can bring unique value through our technology, operations, and insights. We integrate financial expertise with operational excellence to create capital solutions that enhance efficiency for our partners and investors.
If this sounds exciting to you, Setpoint Capital is looking for a Principal, Investments to join the Investments team.
This is an opportunity to have a big impact and partner with multiple functions across the organization. The ideal candidate will bring strong communication and organizational skills and experience to the role. They will collaborate with internal and external stakeholders, and welcome the dynamic environment that comes with a fast growing company.
Who will love this job
- A deal maker: You enjoy sourcing, building, and owning relationships and can find win-win solutions that maximize long term value for Setpoint Capital’s investors.
- A great communicator: You possess the excellent written and verbal communication skills and attention to detail.
- A problem-solver with excellent judgment: You can manage various borrower, investor, and technical concerns within a fast-moving, evolving market and are able to generate positive outcomes.
- A multi-tasker: You can manage multiple priorities and set frameworks for how to execute them effectively within their deadlines.
- An owner: You’re excited to join a company during a period of rapid growth, wear many hats, thrive in ambiguity, and feel ownership of the broader mission.
- A process driver: You are eager to find efficient, scalable ways to provide bespoke debt capital solutions for new and emerging asset-backed borrowers.
What you’ll do
- Sourcing: Meet and develop relationships with prospective borrowers to source new origination opportunities.
- Underwriting: Perform investment diligence on potential credit investments and write investment memos. Underwrite all aspects of a deal including company credit risk, borrower business models, and underlying collateral.
- Transaction Execution: Work closely with in-house and external counsel to document and execute facilities, including detailed involvement in legal documents and driving transactions to close.
- Portfolio Management: Maintain strong relationships with borrowers and actively manage risk in the portfolio.
- Investor Management: Support investor-facing activities, including fundraising and investor relations.
You should have
- 7+ years of investment or transaction experience.
- Experience working in asset-backed lending, or structured credit is preferred.
- Attention to detail with the ability to effectively prioritize across multiple projects and meet deadlines in a high-pressure environment.
- Ability to take lead on projects, develop and pursue your own viewpoints with minimal supervision, and bring an ownership mentality to their work.
- Strong interpersonal skills.
- Demonstrated analytical ability.
Setpoint Capital (“SPC”) is an alternative asset manager focused on asset-backed private credit with over $900 million assets under management. SPC delivers tailored asset-backed credit solutions for corporate borrowers, primarily with US residential real estate assets as collateral. Our unique approach combines deep expertise, purpose-built technology, and strategic relationships to unlock consistent risk-adjusted returns.
For all our employees, we offer a full slate of benefits from competitive salaries, stock options, medical, dental and vision coverage, 401k, disability coverage, and flexible vacation. Setpoint has offices in Austin, New York, and Park City, UT and we’re currently hiring remote team members for specific roles.
Compensation: $250,000 - $400,000 OTE dependent on multiple factors, which may include the candidate's skills, experience, location, and other qualifications.
Setpoint provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type 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 federal, state or local laws.
What We Do
Infrastructure for the future of asset-based lending. Our platform unlocks speed, efficiency and accuracy for borrowers and lenders. Over $18 billion transactions are processed annually on Setpoint across ABS and ABL markets.
