Structured Finance Associate
Here at Hometap, we’re collaborative, passionate, and always ready to roll up our sleeves to create solutions that help people get more out of homeownership — and out of life. Our first product, a home equity investment, gives homeowners the opportunity to quickly access the equity they’ve built in their home to pay for what’s most important to them, from handling debt to finally making much-needed renovations, without taking on debt.
We work hard, and have some fun along the way, too. You don’t have to take our word for it: The Boston Globe and Comparably have recognized us as a great place to work, and we’ve been honored for our commitment to innovation in the fintech space by Inc., HousingWire, and more!
In case you need any more convincing, we also provide competitive compensation, healthcare coverage, unlimited PTO, a generous share package, and a strong culture with plenty of opportunities for team-building and camaraderie.
Interested in joining us on our mission to make homeownership less stressful and more accessible? We’d love to talk.
Who you are:
We are seeking a Structured Finance Associate to help structure and execute capital markets transactions as part of our Capital team. In this role, you will support all aspects of capital markets transactions, including marketing and investor outreach, investor due diligence, transaction structuring, term sheet review, transaction execution and implementation, and post closing relationship management.
We’re looking for a candidate who has an understanding of capital markets, is highly organized and process oriented, and communicates well with both internal and external stakeholders. This is a highly visible role, offering the opportunity to engage directly with senior leaders at Hometap and counterparts in all sectors of the industry. Excellent verbal and written communication skills and an ability to work in a high-growth environment are critical, and candidates with experience in structured finance or securitization and a desire to learn about our business and all its component parts will thrive in this role.
What you’ll do:
- Assist Capital team with counterparty due diligence process, including preparing responsive documents, presentations and coordinating diligence/onsite meetings
- Conduct market research, evaluate comparable transactions and maintain a database of key transaction terms
- Maintain up-to-date investor marketing materials, respond to investor inquiries, and develop materials responsive to evolving market conditions, investor feedback and new product/structural developments
- Support management of the capital pipeline CRM, including tracking status of investor inquiries and follow-up action items
- Create, organize, and permission data rooms
- Participate in Capital team’s transaction structure discussions and evaluation of term sheets
- Support Director, Structured Products, in execution of securitization transactions and related platform maintenance matters
- Work closely with all Finance, Investor Support, Business Operations, Sales and Underwriting teams to become familiar with Hometap’s business
- Work closely key stakeholders to build the infrastructure to support the company’s current and future capital raising initiatives
What you bring:
- At least 2 years of capital markets, structured finance and/or securitization experience in financial services, consulting or a similar professional services company
- Advanced Excel skills, with the ability to analyze complex data sets; modeling experience is a plus
- Proficiency with presentation tools (PPT, Google Slides, etc.)
- Excellent communication skills, verbal and written
- Highly organized and process oriented, with excellent attention to detail
- Comfortable working in highly entrepreneurial and collaborative environments
- Experience using diligence/data room and/or CRM tool (e.g., Salesforce) are pluses
- Bonus points: Experience with mortgage finance or proptech
Our people are our most valuable asset. The salary range for this role is $110,000-$140,000. Base salary may vary depending on relevant experience, skills, geographic location, and business needs. In addition to base pay, Hometap offers equity, paid time off, health insurance, and other benefits.
Hometap is on a mission to make homeownership less stressful and more accessible. Our home equity investment product provides homeowners with a fast, simple, and straightforward way to access the equity in their home without taking out a loan or having to sell. By investing alongside homeowners, Hometap offers debt-free cash in exchange for a share of their home’s future value — all without any monthly payments or interest over the life of the investment. Through a combination of financial innovation and best-in-class customer service, Hometap enables people to get more from homeownership so they can get more from life.
Hometap believes that our differences are what bring us together, and one of our biggest priorities is creating a diverse workplace that welcomes and values each team member’s unique perspective, background, and ideas. All roles here are filled based solely on candidates’ qualifications and our business needs.
Hometap is based in Boston, but will consider remote work for this position; however, the position must be performed in the United States entirely outside of Colorado.
