Driving understanding and participation in the financial systems of the future.
Capital Market Associate
Location
New York
Posted
10 hours ago
Salary
$140K - $175K / year
Seniority
Mid Level
Job Description
Capital Market Associate
Gauntlet
• Originate institutional borrow demand across collateralized lending, trading and hedging strategies, structured credit, and liquidity products — from prime brokerages, trading firms, and asset-backed lending partners. • Build the borrower pipeline across three segments: (1) unique-market-access counterparties (e.g. RWAs); (2) committed-supply-at-scale borrowers (market makers, OTC desks, trading desks); (3) KYC-gated counterparties (regulated borrowers who cannot legally use open pools). • Structure and close term sheets — negotiate rate, term, size, and collateral; coordinate KYC, gating, and onboarding through to close. • Maintain the book you originate. Long-term relationship maintenance, renewal, and expansion are owned by Capital Markets. • Operationalize and document the first on-chain borrow products (starting with our current pilot) so the process is repeatable as deal volume grows, and manage inbound interest as we execute more deals. • Work cross-functionally with Credit Risk, Strategy & Growth, Product, and Engineering on operational integration • Contribute to credit terms guidance (what we offer, minimum rate, maximum term) set with Credit Risk.
Job Requirements
- 2–6 years in Investment Banking, Leveraged Finance, or Capital Markets at a leading sell-side institution. Sell-side experience is preferred, though exceptional buy-side candidates will be considered.
- Direct experience with financing transactions, debt raises, warehouse facilities, asset-backed financing, structured credit, or other capital-markets products.
- Credit / leveraged-finance grounding: comfort with collateralization, liquidity, leverage, covenants, counterparty risk, and funding costs.
- Exposure to transaction execution: financial analysis, credit assessment, due diligence, term-sheet negotiation, documentation, syndication, and deal closing.
- Experience managing institutional client relationships (corporates, financial institutions, asset managers, market makers, trading firms, funds).
- Exceptional written and verbal communication.
Benefits
- Remote first - work from anywhere in the US & CAN!
- Regular in-person company retreats and cross-country "office visit" perk
- 100% paid medical, dental and vision premiums for employees
- $1,000 WFH stipend
- Monthly reimbursement for home internet, phone, and cellular data
- Unlimited vacation
- 100% paid parental leave of 12 weeks
- Fertility benefits
- Opportunity for incentive compensation
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