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 Director of Structured Products to lead the execution of Hometap’s capital transactions. In this highly visible role, you’ll partner with our Capital, Legal, Finance, and Investor Product teams to drive financing transactions, including financing facilities and capital markets (e.g., securitization) transactions. You’re someone who thrives on balancing deal execution with industry research and can serve as an expert within Hometap on the HEI market and deal activity. This is an exciting opportunity for someone who has successfully managed the execution of securitizations and other transactions and is looking to join a growing company leading the development of a new asset class.
Role and Responsibilities:
What you’ll do:
-Lead the execution of Capital-related transactions – including securitizations and leveraged finance facilities – by managing timelines, overseeing the preparation and signing of documents, and completing of conditions precedent.
-Participate in term sheet negotiation and preliminary deal structuring.
-Track industry research and analysis on HEIs and HEI-backed ABS, supporting the strategic development of product and capital transaction structures.
-Develop and manage relationships with capital partners and key transaction counterparties (investment banks, law firms, auditing firms, rating agencies, etc.).
-Prepare marketing materials (term sheets, pitch decks, etc.) and participate in investor outreach/marketing, both in connection with transactions and general investor outreach efforts.
-Communicate with third-party partners throughout due diligence inquiries, responding to requests and maintaining -Hometap’s data room.
-Manage rating agency operational review process, including overseeing the preparation of responsive materials, coordinating on-site reviews and assisting with the review of draft assessments.
-Collaborate with the team on new products and structures in response to investor feedback.
-Own an inventory of term sheet and deal terms; track HEI-backed securitizations and maintain internal tools to track key deal and pricing terms.
-Conduct industry research and participate in key industry groups (e.g., SFA).
Skills & Qualifications:
-4+ years of professional experience, with a track record of successfully driving transactions at an issuer or investment bank or other similar market participant.
-Excellent communication skills – verbal and written, with the ability to engage with both internal and external stakeholders.
-An inclination toward rolling up your sleeves to solve problems and create efficient processes.
-Ability to anticipate needs and prioritize projects in a fast-paced environment with tight deadlines.
-Knowledge of complex financial services transactions such as warehouse facilities, securitizations and other structured finance arrangements.
-Experienced running a playbook for securitizations and other transactions.
-A strong professional network, and an interest in embedding in the HEI ecosystem with the intention of becoming an expert in the space.
-Comfortable working in highly entrepreneurial and collaborative environments.
-High level of proficiency with Excel, Google Suite, Bloomberg, and Intex.
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.