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Hedge Fund Seeks ABL Executive

Executive | Remote in New York, NY | Full Time | From $225,000 to $375,000 per year

Job Description

About Us

Platinum Point Capital is launching a next-generation credit platform focused on structured asset-based loans to public companies. Partners at Platinum Point Capital have completed over 100 direct investments into public companies since 2018. We are experts in our field, and we believe combining our skillset with an ABL executive will create a first-mover advantage business model. We have strong conviction that this model will enhance yields over traditional ABL lenders, and we have proven demand in the market.

The Opportunity

We are seeking a Founding Credit Partner to lead all aspects of credit underwriting, and—critically—establish and maintain banking relationships to secure a working credit facility for our platform.

This is a unique opportunity for a senior ABL executive or credit professional who wants to:

  • Co-found a differentiated, scalable lending business

  • Play a central role in designing risk frameworks, processes, and credit policy

  • Earn meaningful economics tied to long-term value creation

Platinum Point will support origination efforts, and enable you to build out a team (or bring over your existing one) to support credit & documentation functions.

Key Responsibilities

  • Lead discussions with banks and institutional lenders to secure credit lines (revolver + forward funding structures)

  • Underwrite and structure ABL loans secured by AR, inventory, IP, and equipment—with convertible features

  • Build credit models, set portfolio guidelines, and manage credit risk

  • Work closely with co-founders to refine investment criteria, security packages, and downside protections

  • Help build internal systems for loan servicing, monitoring, and reporting

Qualifications

  • 15+ years in commercial lending, structured finance, or ABL (bank or non-bank)

  • Direct experience securing and managing working credit facilities

  • Entrepreneurial mindset; comfortable in a lean team with high responsibility and reward

What We Offer

  • Competitive base salary ($225,000 - $375,000) + compelling equity participation

  • Ability to shape a new platform from the ground up and build an ABL team as you see fit

  • Participation in Platinum's existing hedge fund business

  • Remote OK for the right candidate