Setpoint logo

Setpoint

Associate Counsel at Setpoint

New York, NY (Hybrid)Full-timeLegalPosted 22 days ago
Apply with Pipeline

About the Role

<p><strong>Associate&nbsp;Counsel&nbsp;</strong></p> <p><strong>New York, NY (Hybrid, Tues/Thurs) | Full-Time</strong></p> <p><strong>About&nbsp;the&nbsp;role</strong></p> <p>Behind&nbsp;many&nbsp;of&nbsp;life’s&nbsp;biggest&nbsp;financial&nbsp;decisions&nbsp;such&nbsp;as&nbsp;buying&nbsp;a&nbsp;car,&nbsp;securing&nbsp;a&nbsp;mortgage,&nbsp;or&nbsp;financing&nbsp;a&nbsp;business,&nbsp;is&nbsp;a&nbsp;complex&nbsp;network&nbsp;of&nbsp;credit&nbsp;relationships.&nbsp;Setpoint&nbsp;is&nbsp;building&nbsp;the&nbsp;infrastructure&nbsp;that&nbsp;powers&nbsp;these&nbsp;relationships,&nbsp;enabling&nbsp;the&nbsp;world’s&nbsp;largest&nbsp;banks,&nbsp;credit&nbsp;funds,&nbsp;asset&nbsp;managers,&nbsp;and&nbsp;capital&nbsp;markets&nbsp;counterparties&nbsp;to&nbsp;operate&nbsp;with&nbsp;trust&nbsp;and&nbsp;efficiency.</p> <p>Setpoint&nbsp;is&nbsp;looking&nbsp;for&nbsp;an&nbsp;<strong>Associate&nbsp;Counsel&nbsp;</strong>&nbsp;to&nbsp;join&nbsp;our&nbsp;team!</p> <p>The&nbsp;ideal&nbsp;candidate&nbsp;brings&nbsp;expertise&nbsp;across&nbsp;capital&nbsp;markets,&nbsp;structured&nbsp;finance,&nbsp;and&nbsp;technology&nbsp;transactions,&nbsp;with&nbsp;the&nbsp;ability&nbsp;to&nbsp;operate&nbsp;as&nbsp;both&nbsp;a&nbsp;trusted&nbsp;legal&nbsp;advisor&nbsp;and&nbsp;a&nbsp;commercial&nbsp;partner.&nbsp;You’ll&nbsp;play&nbsp;a&nbsp;critical&nbsp;role&nbsp;in&nbsp;supporting&nbsp;Setpoint’s&nbsp;growth&nbsp;by&nbsp;building&nbsp;scalable&nbsp;legal&nbsp;processes,&nbsp;negotiating&nbsp;complex&nbsp;agreements,&nbsp;and&nbsp;helping&nbsp;our&nbsp;customers&nbsp;and&nbsp;partners&nbsp;confidently&nbsp;navigate&nbsp;the&nbsp;evolving&nbsp;credit&nbsp;ecosystem.</p> <p>&nbsp;</p> <p><strong>Who&nbsp;will&nbsp;love&nbsp;this&nbsp;job</strong></p> <ul> <li>A&nbsp;capital&nbsp;markets&nbsp;and&nbsp;technology&nbsp;enthusiast&nbsp;–&nbsp;you&nbsp;know&nbsp;your&nbsp;way&nbsp;around&nbsp;highly&nbsp;complex&nbsp;capital&nbsp;markets&nbsp;and&nbsp;finance&nbsp;transactions,&nbsp;including&nbsp;extensive&nbsp;familiarity&nbsp;with&nbsp;standard&nbsp;closing&nbsp;documentation&nbsp;and&nbsp;roles&nbsp;of&nbsp;the&nbsp;participants,&nbsp;and&nbsp;are&nbsp;excited&nbsp;about&nbsp;combining&nbsp;your&nbsp;past&nbsp;transactional&nbsp;experience&nbsp;with&nbsp;cutting-edge&nbsp;technology</li> <li>A&nbsp;negotiator&nbsp;and&nbsp;problem&nbsp;solver&nbsp;–&nbsp;you&nbsp;make&nbsp;decisions&nbsp;and&nbsp;provide&nbsp;practical&nbsp;guidance&nbsp;based&nbsp;on&nbsp;not&nbsp;only&nbsp;your&nbsp;legal&nbsp;background&nbsp;but&nbsp;also&nbsp;reasoning&nbsp;that&nbsp;aligns&nbsp;with&nbsp;the&nbsp;company’s&nbsp;commercial&nbsp;interests</li> <li>A&nbsp;great&nbsp;communicator&nbsp;–&nbsp;you&nbsp;possess&nbsp;excellent&nbsp;written&nbsp;and&nbsp;verbal&nbsp;communication&nbsp;skills&nbsp;and&nbsp;attention&nbsp;to&nbsp;detail&nbsp;without&nbsp;oversight</li> <li>A&nbsp;multi-tasker&nbsp;with&nbsp;strong&nbsp;organizational&nbsp;skills&nbsp;–&nbsp;you&nbsp;can&nbsp;manage&nbsp;multiple&nbsp;priorities&nbsp;and&nbsp;set&nbsp;frameworks&nbsp;for&nbsp;how&nbsp;to&nbsp;execute&nbsp;them&nbsp;effectively&nbsp;within&nbsp;their&nbsp;deadlines</li> </ul> <p>&nbsp;</p> <p><strong>What&nbsp;you’ll&nbsp;do</strong></p> <ul> <li>Work&nbsp;closely&nbsp;with&nbsp;the&nbsp;VP,&nbsp;Legal&nbsp;and&nbsp;Sales&nbsp;Team&nbsp;to&nbsp;oversee&nbsp;all&nbsp;legal&nbsp;aspects&nbsp;of&nbsp;customer&nbsp;documentation&nbsp;and&nbsp;capital&nbsp;markets&nbsp;technology&nbsp;products</li> <li>Draft&nbsp;and&nbsp;negotiate&nbsp;SaaS&nbsp;and&nbsp;other&nbsp;customer&nbsp;agreements</li> <li>Review&nbsp;and&nbsp;negotiate&nbsp;documentation&nbsp;in&nbsp;connection&nbsp;with&nbsp;our&nbsp;technology&nbsp;platform&nbsp;services&nbsp;and&nbsp;our&nbsp;Capital&nbsp;Solutions&nbsp;team</li> <li>Keep&nbsp;up&nbsp;to&nbsp;speed&nbsp;with&nbsp;industry&nbsp;trends&nbsp;and&nbsp;legal&nbsp;and&nbsp;regulatory&nbsp;market&nbsp;changes</li> </ul> <p>&nbsp;</p> <p><strong>You&nbsp;should&nbsp;have</strong></p> <ul> <li>5+&nbsp;years&nbsp;of&nbsp;experience&nbsp;drafting&nbsp;and&nbsp;negotiating&nbsp;a&nbsp;variety&nbsp;of&nbsp;capital&nbsp;markets&nbsp;and&nbsp;finance&nbsp;agreements&nbsp;and&nbsp;related&nbsp;documentation,&nbsp;including&nbsp;asset&nbsp;backed&nbsp;facilities.&nbsp;</li> <li>Fintech&nbsp;experience&nbsp;and/or&nbsp;in-house&nbsp;experience&nbsp;at&nbsp;a&nbsp;bank&nbsp;or&nbsp;financial&nbsp;institution&nbsp;is&nbsp;a&nbsp;plus.</li> <li>Proficiency&nbsp;with&nbsp;AI&nbsp;tools&nbsp;a&nbsp;plus.</li> <li>Ability&nbsp;to&nbsp;prioritize&nbsp;appropriately,&nbsp;and&nbsp;meet&nbsp;deadlines&nbsp;in&nbsp;a&nbsp;high-pressure&nbsp;environment</li> <li>JD&nbsp;degree&nbsp;from&nbsp;a&nbsp;top&nbsp;tier&nbsp;law&nbsp;school,&nbsp;admission&nbsp;to&nbsp;the&nbsp;New&nbsp;York&nbsp;bar&nbsp;in&nbsp;good&nbsp;standing</li> <li>Flexible,&nbsp;positive,&nbsp;and&nbsp;team&nbsp;oriented&nbsp;approach&nbsp;to&nbsp;work</li> </ul> <p>&nbsp;</p> <p><strong>About&nbsp;Setpoint</strong></p> <p>Setpoint&nbsp;provides&nbsp;purpose-built&nbsp;capital&nbsp;and&nbsp;technology&nbsp;to&nbsp;asset-backed&nbsp;borrowers&nbsp;and&nbsp;lenders.&nbsp;Our&nbsp;platform&nbsp;is&nbsp;the&nbsp;funding&nbsp;operating&nbsp;system&nbsp;for&nbsp;originators:&nbsp;it&nbsp;verifies&nbsp;and&nbsp;stores&nbsp;documents,&nbsp;automates&nbsp;critical&nbsp;calculations&nbsp;and&nbsp;compliance&nbsp;reporting,&nbsp;and&nbsp;digitizes&nbsp;assets&nbsp;like&nbsp;homes&nbsp;or&nbsp;cars.&nbsp;Setpoint's&nbsp;technology&nbsp;makes&nbsp;warehouse&nbsp;transactions&nbsp;instant&nbsp;and&nbsp;error-free.</p> <p>In&nbsp;August&nbsp;2024,&nbsp;Setpoint&nbsp;closed&nbsp;a&nbsp;$31&nbsp;million&nbsp;Series&nbsp;B&nbsp;led&nbsp;by&nbsp;645&nbsp;Ventures,&nbsp;with&nbsp;strategic&nbsp;investments&nbsp;from&nbsp;Citi&nbsp;and&nbsp;Wells&nbsp;Fargo,&nbsp;alongside&nbsp;Andreessen&nbsp;Horowitz,&nbsp;NextView&nbsp;Ventures,&nbsp;Henry&nbsp;Kravis,&nbsp;Zillow&nbsp;founder's&nbsp;75&nbsp;&amp;&nbsp;Sunny,&nbsp;and&nbsp;others.</p> <p>&nbsp;</p> <p><strong>Compensation</strong></p> <p>Compensation&nbsp;includes&nbsp;a&nbsp;target&nbsp;OTE&nbsp;range&nbsp;of&nbsp;$175,000&nbsp;-&nbsp;$200,000<strong>&nbsp;</strong>consisting of base salary and a performance-based bonus. Actual compensation will depend on several factors, including the candidate's location, skills, experience, and market considerations. Additionally, equity is a component of the overall compensation package, providing employees with the opportunity to share in the long-term success and growth of the company.</p> <p>We&nbsp;offer&nbsp;a&nbsp;comprehensive&nbsp;benefits&nbsp;package&nbsp;that&nbsp;includes&nbsp;<strong>medical,&nbsp;dental,&nbsp;and&nbsp;vision&nbsp;coverage,&nbsp;401(k),&nbsp;short-&nbsp;and&nbsp;long-term&nbsp;disability&nbsp;coverage,&nbsp;and&nbsp;flexible&nbsp;vacation.</strong>&nbsp;We&nbsp;have&nbsp;offices&nbsp;in&nbsp;Austin,&nbsp;TX,&nbsp;New&nbsp;York&nbsp;City,&nbsp;NY,&nbsp;and&nbsp;Salt&nbsp;Lake&nbsp;City,&nbsp;UT,&nbsp;with&nbsp;hybrid&nbsp;roles&nbsp;based&nbsp;in&nbsp;these&nbsp;locations&nbsp;and&nbsp;an&nbsp;expectation&nbsp;of&nbsp;two&nbsp;days&nbsp;per&nbsp;week&nbsp;in&nbsp;office&nbsp;(Tuesdays&nbsp;and&nbsp;Thursdays).</p> <p>Setpoint&nbsp;provides&nbsp;equal&nbsp;employment&nbsp;opportunities&nbsp;to&nbsp;all&nbsp;employees&nbsp;and&nbsp;applicants&nbsp;and&nbsp;prohibits&nbsp;discrimination&nbsp;and&nbsp;harassment&nbsp;of&nbsp;any&nbsp;type&nbsp;without&nbsp;regard&nbsp;to&nbsp;race,&nbsp;color,&nbsp;religion,&nbsp;age,&nbsp;sex,&nbsp;national&nbsp;origin,&nbsp;disability&nbsp;status,&nbsp;genetics,&nbsp;protected&nbsp;veteran&nbsp;status,&nbsp;sexual&nbsp;orientation,&nbsp;gender&nbsp;identity&nbsp;or&nbsp;expression,&nbsp;or&nbsp;any&nbsp;other&nbsp;characteristic&nbsp;protected&nbsp;by&nbsp;federal,&nbsp;state,&nbsp;or&nbsp;local&nbsp;laws.</p>