The vacancy is well-structured with clear responsibilities and requirements, though compensation details could be improved.
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Overview
Gauntlet is seeking a Capital Market Associate to manage institutional borrow demand and credit relationships. This remote role offers a salary range of $75K-$125K and requires 2-6 years of experience in investment banking or capital markets. Gauntlet builds the financial systems of the future. While much of on-chain finance is focused on point solutions, we operate across the entire stack to offer best-in-class vault products. Today we serve over $1.5B in client TVL across some of the largest fintechs/neobanks, protocols, exchanges, and capital allocators in crypto — and, increasingly, traditional asset management. Our team brings together traditional finance and crypto-native expertise to deliver durable, sophisticated products for institutional clients moving on-chain.
What you'll do;
- •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.
Benefits and Perks;
- •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.
What you bring;
- •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.