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 infrastructure for relationships between the world’s largest banks, credit funds and capital markets counterparties. We’re building trust in this system of credit.
Setpoint is looking for a Legal Director - Capital Markets Technology to join our team!
This is an opportunity to use your legal expertise to have a big impact on a growing technology company. Reporting to our General Counsel, you will help to oversee Capital Markets technology products.
Who will love this job
- A capital markets and technology enthusiast – you are excited about combining your experience working on capital markets transactions with cutting-edge technology
- A negotiator and problem solver – you make decisions and provide practical guidance based on not only your legal background but also reasoning that aligns with the company’s commercial interests
- A great communicator – you possess excellent written and verbal communication skills and attention to detail without significant oversight
- A multi-tasker with strong organizational skills – you can manage multiple priorities and set frameworks for how to execute them effectively within their deadlines
What you’ll do
- Work closely with the General Counsel, Head of Sales and Managing Director of Capital Solutions to oversee all legal aspects of customer documentation and capital markets products
- Review and negotiate documentation in connection with our technology platform services and our Capital Solutions team
- Draft and negotiate SaaS and other customer agreements
- Keep up to speed with industry trends and legal and regulatory market changes
You should have
- 10-15 years of experience drafting and negotiating a variety of capital markets agreements and related documentation, including asset backed facilities
- Ability to prioritize appropriately, and meet deadlines in a high-pressure environment
- JD degree from a top tier law school, admission to the New York or Texas bar in good standing
- Flexible, positive, and team oriented approach to work
About Setpoint:
Setpoint provides purpose-built capital and technology to asset-backed borrowers and lenders. Our platform is the funding operating system for originators: it verifies and stores documents; automates critical calculations and compliance reporting; and digitizes assets like homes or cars. Setpoint’s technology makes warehouse transactions instant and error free.
In December 2022, Setpoint announced a $43M Series A led by Andreessen Horowitz with participation from Stonecroft, 75andSunny, FifthWall, 645 Ventures, NextView Ventures, LiveOak Venture Partners, Vesta Ventures, and ATX Venture Partners.
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. Setpoint offers a flexible hybrid work model so employees can do their best work in or out of the office.
Compensation
The expected total compensation range for this role is $225,000 - $300,000. However, the total compensation will depend on a number of factors including the candidate’s location, skills, experience, and market demands. Equity may be provided as part of a total compensation package.
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.