Director Asset Backed Financing

Job description

Who We Are We build the intelligence that lets robots sense, reason, and act in the real world—moving beyond the lab and into everyday industrial settings like warehouses and factories. Our technology closes the automation gaps that traditional systems can't solve. We are on a mission to redefine how physical work gets done, and we're looking for curious, bold thinkers to help shape the future of robotics with us. Overview As Sereact scales, financing our robotics deployments becomes a strategic capability in its own right. We are looking for a Director Asset-Backed Financing based in Stuttgart to build our ABF program from zero—incorporating the SPV, designing the structure, raising the debt, and running the vehicle long-term. This is a true founder-style mandate inside Finance: you start with a blank page, a supportive Board, and Tier 1 investors, and you own the program end-to-end. Your Responsibilities: Program Design & SPV Setup Design Sereact's asset-backed financing program from the ground up—asset class definition, eligibility, structure, jurisdiction, tax and accounting treatment. Incorporate the SPV(s): select jurisdiction, engage corporate services providers, set up governance, bank accounts, and the operational infrastructure required to run a financing vehicle. Work with external counsel, tax advisors, and auditors to put the legal and accounting architecture in place—true-sale opinions, security packages, servicing arrangements. Fundraising for the SPV Own the debt fundraising process end-to-end: build the lender universe, prepare the data room, run the process, negotiate term sheets, and drive transactions to close. Engage banks, private credit funds, and alternative lenders—starting with a first warehouse or seed facility and progressing to larger or syndicated structures over time. Build and maintain ongoing relationships with debt capital providers as a repeatable funding channel. Structuring & Modeling Build the cash flow models, waterfalls, and capital structure analyses that underpin every facility. Define and negotiate advance rates, eligibility criteria, concentration limits, covenants, triggers, and reserve mechanics. Pressure-test structures against downside scenarios and ensure the vehicle remains robust as the asset pool scales. Running the Vehicle Stand up the operational backbone of the SPV: borrowing base calculations, lender r…