Senior Manager, Operations

Responsibilities

• Lead pre-close operational diligence for new facilities, including KYC/OFAC, insurance, custody, and servicing structure setup
• Manage post-close operations across the portfolio, including custody oversight and daily funding request reviews
• Determine timing and sizing of leverage draws and paydowns; prepare borrowing bases and manage lender submissions
• Run lien search and BPO refresh processes across the portfolio
• Support enforcement actions and special situations, including servicer transitions
• Partner cross-functionally with Investments, Legal, Finance, and Debt Capital Markets on deal execution and reporting
• Ensure portfolio and collateral data accuracy in internal systems
• Coordinate technology onboarding and contribute to process improvements with the technology team
• Leverage AI tools to automate and improve operational workflows

Requirements

• 5–8 years of experience in operations, structured finance, credit, or asset management
• Experience in real estate finance or specialty lending strongly preferred
• Familiarity with credit facility mechanics such as borrowing bases, advance rates, and eligibility criteria
• Strong Excel skills
• Comfort with data and reporting tools (SQL or BI tools a plus)
• Ability to manage multiple complex workflows under tight deadlines
• High judgment and ability to operate with limited oversight

Benefits

• Competitive salaries
• Stock options
• Medical, dental, and vision coverage
• 401(k)
• Short term and long term disability coverage
• Flexible vacation

About the Company

Setpoint provides purpose-built capital and technology to asset-backed borrowers and lenders, acting as a funding operating system for originators to automate calculations, compliance, and asset digitization.