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Director, Business Development

Job in New York, New York County, New York, 10261, USA
Listing for: Setpoint
Full Time position
Listed on 2026-11-04
Job specializations:
  • Sales
    Financial Sales, Banking & Finance
  • Finance & Banking
    Financial Sales, Banking & Finance
Salary/Wage Range or Industry Benchmark: 150000 - 350000 USD Yearly USD 150000.00 350000.00 YEAR
Job Description & How to Apply Below

Behind many of life's most important transactions like 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 counter parties. Because when capital works together, ambition goes further.

About the Role

We're looking for a Director to join our Sales team, reporting to one of our Managing Directors. This is an opportunity to bring your knowledge of credit markets and existing industry relationships to a growing business, develop new institutional partnerships, and revolutionize how the asset-backed finance market functions.
As private credit continues to expand, we're building the infrastructure to support the next generation of growth across the market.

We're looking for someone who has in-depth knowledge of capital markets and hands on experience in private credit, knows how to navigate the playing field, and can turn a strong network into meaningful commercial opportunities. You'll work closely with sales leadership and the broader team to build relationships, open doors, and bring new business to Setpoint.

Who Will Love This Job
  • A relationship builder: You have a genuine network across credit funds, asset managers, banks, originators, and other contacts in the ABF ecosystem, and know how to turn those relationships into opportunities for Setpoint.
  • A commercial operator: You understand how to create opportunities and turn them into deals, identify where Setpoint can add value, and have the instincts to move relationships toward revenue.
  • A credit-market expert: You understand private credit and asset-backed finance like the back of your hand and the needs of the institutions involved.
  • An entrepreneurial self-starter: You're comfortable operating in ambiguity, own outcomes, and find ways to make progress without waiting for a playbook.
  • A curious problem-solver: You learn new concepts quickly, understand client pain points, and can translate what you hear into actionable insights for the business.
  • A strong communicator: You build credibility with senior stakeholders, communicate clearly, and represent Setpoint effectively in the market.
What You'll Do
  • Build and develop relationships with banks, credit funds, originators, and other relevant financial institutions to generate new business.
  • Leverage your existing network to open doors, develop a pipeline, and create commercial opportunities for Setpoint.
  • Own coverage across a portfolio of institutions and relationships, identifying where Setpoint's current product can deliver value.
  • Partner closely with your Managing Director and sales leadership to develop account strategies, prioritize opportunities, and drive deals from initial conversation through close.
  • Develop deep expertise in your coverage markets and help Setpoint expand into adjacent asset classes as product capabilities and market opportunities evolve.
  • Work with Product and other cross-functional partners to communicate client needs, share market feedback, and help shape solutions that address real customer problems.
  • Represent Setpoint at industry events and through targeted client meetings and relationship-building activities.
  • Help strengthen the team’s approach to coverage, pipeline development, and go-to-market execution as the business scales.
You Should Have
  • Approximately 5-8 years of relevant experience in asset-backed finance, private credit, or structured credit. A strong understanding of private credit, asset-backed finance, and the institutions and required relationships that drive these markets.
  • An established, relevant network across credit funds, banks, originators, or…
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