Chief of Staff, Setpoint
$150-170k
OTE
This role also includes meaningful equity
More information about location
2+ days a week in office
Infrastructure for the future of asset-based lending
Be an early applicant
Infrastructure for the future of asset-based lending
101-200 employees
Be an early applicant
$150-170k
OTE
This role also includes meaningful equity
More information about location
2+ days a week in office
101-200 employees
Company mission
To build trust in our system of credit.
Role
Who you are
- An entrepreneurial operator: You have an ownership mindset and treat every problem as if the company is yours
- A force multiplier: You make the people around you, especially the CEO, dramatically more effective
- Highly organized: You bring structure to chaos and never let things slip through the cracks
- A clear and concise communicator: You write tight memos, run sharp meetings, and explain complex ideas simply
- A capital markets thinker: You can hold your own in conversations about credit, securitization, and lending economics
- Comfortable with ambiguity: You have a strong bias to action and would rather ship a v1 today than a v3 next month
- 5 to 8 years of experience, with a strong preference for an ex-consulting (MBB) or ex-banking / PE associate background. Operating experience at a high-growth startup is a plus on top of that foundation
- Fintech, ABS, or capital markets understanding. You can build and read a financial model and own board-quality materials without hand-holding
- Exceptional writing and synthesis. You can take a 90-minute meeting and produce a one-page memo that makes the right decision obvious
- Track record of owning projects end to end in ambiguous environments
- Discretion. You will be in the room for comp, fundraising, and personnel conversations
- Low ego. You are happy doing $300/hour work and $30/hour work in the same afternoon
- Prior Chief of Staff, BizOps, or Strategy & Operations experience at a venture-backed company is a plus
What the job involves
- 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
- We are looking for a Chief of Staff to work directly with our founding CEO
- In this position, you will be the CEO’s right hand: half strategic partner, half operational executor
- You will own the rhythm of how the company runs at the executive level, drive the projects that matter most to the CEO but that he cannot execute alone, and make sure decisions turn into outcomes
- You will sit in on almost everything the CEO does and have a seat at the table for the company’s most important conversations
- The right person uses this role as a launchpad
- Two to three years in, we want you running a function, a business unit, or a major company initiative
- Run the CEO’s operating cadence: staff meetings, weekly business reviews, exec offsites, and quarterly and annual planning
- Drive 2 to 4 high-priority strategic initiatives at any given time. These are projects the CEO owns but cannot personally execute, ranging from a new pricing motion to a key partnership to a leadership hire
- Build and maintain the company’s goal-setting and tracking: OKRs, KPIs, and the dashboards that tell us whether we are on track
- Sit in on key meetings, capture decisions, and drive follow-through across the exec team. If something is stuck, you unblock it
- Lead internal communications: all-hands, founder updates, and the narrative we tell employees, candidates, and the market
- Triage the CEO’s inbox, calendar, and attention. Decide what hits his desk and what does not
- Step in as the acting owner of any function or workstream that needs leadership while we hire
Our take
Whilst tech innovations have made applying for a loan far quicker and easier, the next step in the process - the management of the loan - is far more complex and still comparatively archaic in its organisation. Originators and lenders use spreadsheets, emails and FTP folders to manage their lending relationships, rendering the process inefficient and prone to errors. Setpoint automates the debt facility management process for lenders.
Founded in 2021, the company claims 98% time saving for lenders, automating data ingestions, calculations and reporting workflows whilst its AI engine computes optimal asset allocation to max ROI. Financial liquidity is increased through access to third-party reviews and certifications, compliantly accelerating capital access. In short, Setpoint streamlines the second, more oblique stage of the lending relationship.
Focused on the property market, Setpoint’s tech could be expanded to other markets. Its focus on real estate, however, has helped it achieve several impressive funding rounds and a 6x year-over-year revenue growth.
Freddie
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
Aug 2024
$31m
SERIES B
Dec 2022
$43m
SERIES A
Total funding: $79.5m
Company HQ
Congress Avenue Historic District, Austin, TX
Leadership
Stuart Wall
(Co-Founder & CEO)Previously Venture Partner at Bowery Capital, Founder & CEO at Signpost and was an Associate Consultant at Bain & Company.
Ben Rubenstein
(Co-Founder & President)Previously CRO at realtor.com, Co-Founder and CEO at opcity and was a Co-Founder at Yodle.
Michael Lam
(Co-Founder & Chief Investment Officer)Previously COO at realtor.com, was on the Policy Advisor Board at Joint Center for Housing Studies, CFO and Head of Analytics at Opcity, President and Co-Founder at Pendleton International Corp.
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