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Ornn · New York Office · On-site

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About Ornn

Compute trades in the world’s most opaque market. Ornn makes it something you can price, finance, and hedge with confidence. Backed by Link Ventures.

About the role

Ornn Compute bundles compute reservations from non-investment grade tenants into diversified baskets that a neocloud can underwrite as a single, more creditworthy counterparty. This role will control the structuring of those baskets: how the tranching works, how credit enhancement layers in, how the pool performs under stress, and how it all gets presented to rating agencies and institutional buyers. Found on 1752vc Careers, the job board for startup and VC roles.

What they're looking for

  • 2+ years of experience in structured finance, securitization, or credit structuring at an investment bank, rating agency, specialty finance company, or structured credit fund
  • Direct experience building or analyzing cash flow waterfalls, tranche structures, and credit enhancement mechanisms for pooled asset classes (ABS, CLOs, CMBS, or similar)
  • Demonstrated proficiency working with credit rating agencies on new issuance or surveillance, including preparing rating agency presentations and responding to methodology-driven diligence
  • Strong quantitative modeling skills
  • Familiarity with the credit characteristics of non-investment grade corporate obligors, including how to assess creditworthiness for companies with strong revenue growth but limited credit history
More about this role

Ornn is building the financial infrastructure for AI compute. Our price indices are live on Bloomberg Terminal. We structure and trade compute hedging instruments. And we're now building a platform that brings exchange-grade mechanics like order management, matching, scheduling, and settlement to how compute capacity gets reserved and allocated. We're a lean team in New York, backed by leading venture and strategic investors.

Ornn Compute bundles compute reservations from non-investment grade tenants into diversified baskets that a neocloud can underwrite as a single, more creditworthy counterparty. This role will control the structuring of those baskets: how the tranching works, how credit enhancement layers in, how the pool performs under stress, and how it all gets presented to rating agencies and institutional buyers.

You will design the credit structures that sit at the core of Ornn's value proposition, working directly with the founders to define how tenant pools are composed, how risk is allocated across tranches, and how the resulting instruments are rated and distributed. You will be the person in the room with credit ratings agencies, walking them through pool...

Read the full posting on Ornn's site ↗

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