Setpoint

Setpoint

Senior Associate, Operations

New York, NY (Hybrid) · Senior

Sponsorship not specified$130k-$180kDetected 16 hours ago
SQLExcelCommunication

About the role

  • Behind many of life's most important transactions - buying a house, applying for a mortgage, getting a small business loan, or refinancing a credit card - is a network of credit relationships.
  • Setpoint provides critical operational infrastructure for relationships between the world's largest banks, credit funds and capital markets counterparties.
  • At Setpoint Capital, we believe operational excellence is a core competitive advantage.

Responsibilities

  • Lead pre-close operational diligence for new facilities, including KYC/OFAC, insurance, custody and servicing structure setup, data tape configuration, and cash controls.
  • Manage post-close operations across the portfolio, including custody oversight, daily funding request review and approvals, and facility monitoring.
  • prepare borrowing bases and manage lender submissions in coordination with Debt Capital Markets.
  • Support enforcement actions and special situations, including servicer transitions and collateral control measures.
  • Partner cross-functionally with Investments, Legal, Finance, and Debt Capital Markets on deal execution, renewals, amendments, and lender reporting requirements.
  • Ensure portfolio and collateral data is accurately captured in internal systems, partnering with the analytics team to maintain reporting integrity.
  • drive improvements that support scalability as the portfolio grows.
  • it verifies and stores documents; automates critical calculations and compliance reporting; and digitizes assets like homes or cars.

Requirements

  • You have a strong bias towards action and a "get it done" mentality.
  • A doer: You have a strong bias towards action and a "get it done" mentality.
  • 4-6 years of experience in operations, structured finance, credit, or asset management

Nice to have

  • Strong Excel skills
  • comfort with data and reporting tools (SQL or BI tools a plus).
  • Clear, concise communicator
  • comfortable engaging across functions and with external counterparties (borrowers, lenders, custodians, servicers).
  • High judgment and ability to operate with limited oversight in ambiguous or time-sensitive situations.
  • Experience in a high-growth environment strongly preferred.

Compensation

  • $130,000 - $180,000 OTE dependent on multiple factors, which may include the candidate's skills, experience, location, and other qualifications. This role also includes meaningful equity.

Benefits

  • We offer a comprehensive benefits package that includes competitive salaries, stock options, medical, dental, and vision coverage, 401(k), short term and long term disability coverage, and flexible vacation.
  • This role also includes meaningful equity.

This listing is sourced directly from Setpoint's careers page and normalized into a canonical job model.