Director Asset Backed Financing

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 reporting, compliance certificates, servicer reports, audit trails.

• Own data quality end-to-end—from the operating company's source systems to the data tape that lenders see each month.

• Manage amendments, waivers, upsizes, and refinancings as the program matures.

Strategic Partnership

• Partner with the CEO, Director Finance, and Commercial leadership to align the financing program with commercial models such as Robotics-as-a-Service, equipment leasing, or customer financing.

• Advise on contract design, pricing, and unit economics where financing structures create constraints or unlock new offerings.

• Brief the Board and equity investors on the program—capacity, cost of capital, and the trade-off between dilutive and non-dilutive funding.

Qualifications:

Education & Experience

• Bachelor's or Master's degree in Business Administration, Economics, or a related field with a focus on Finance.

• 5+ years of practical experience in structured finance, securitization, asset-based lending, or private credit, ideally a mix of originating-side (investment bank, structured finance desk, debt fund) and borrower-side (corporate treasury or finance team that has closed an ABF facility).

• Demonstrable track record of taking at least one asset-backed structure from concept to close. Experience financing hardware, equipment, or recurring-revenue contracts is a strong plus.

Soft Skills

• A builder's mindset with high ownership—energized by a blank page and willing to do the unglamorous setup work alongside the strategic negotiation.

• Strong commercial judgment and a pragmatic approach to structuring in a technology-driven environment.

• Excellent communication skills—able to translate structured finance concepts for Founders, engineers, and Board members alike.

• Fluency in written and spoken English (German optional).

What We Offer:

• Wellpass (gym membership)
• Flexible working hours
• Option to work from home
• A genuine zero-to-one mandate in an innovative AI-robotics startup: build the SPV, raise the debt, run the program
• Direct exposure to Founders, Board, and international Tier 1 investors
• A motivated team and an open corporate culture
• Competitive compensation and excellent opportunities for development