What are the responsibilities and job description for the VP, Capital Markets position at Mynd?
About Mynd:
Mynd Management is a full-service, tech-enabled property management and real estate investment company serving the single-family rental (SFR) sector. We are pioneering the next generation of property and investment management by introducing technology, transparency and most importantly, top talent, to a stagnant and archaic industry. Our retail and institutional clients rely on Mynd to not only acquire, renovate, lease and manage their properties across the country but to optimize outcomes by providing data driven insights, continuously iterating and leveraging our deep experience in the SRF space.
We are on the lookout for top talent. Mynd is not only made up of real estate professionals but also skilled individuals across a wide variety of industries. There is no ideal employee profile other than having a passion for continuous improvement, proactive problem-solving and an exemplary work ethic.
Mynd was named the #1 fastest-growing private company in the Bay Area by the San Francisco Business Times in 2020. We’ve attracted talent from Starwood Waypoint Homes, McKinsey, Shift, Better, BCG, One Medical, Zillow, Upwork, and Facebook. We’re backed by top VCs, including Lightspeed, Canaan, and Jackson Square, and just announced a $5 billion deal with Invesco that will make us the largest buyer of single-family rental homes in the country. Most importantly, we’re a kind and fun team of innovators who truly enjoy ushering in the new generation of property and investment management. Join us!
About the role:
Mynd is looking to hire an entrepreneurial, analytical, and motivated leader to cultivate business with the intent of securing financing and long term relationships in the single family rental space. This leader will manage a growing team of analysts and associates as owner of several relationships and financing strategies. Our ideal fit will have a strong background in business and team building, with the capability to lead a wide scope of functions.
This role reports to the Head of Capital Marketing on our Mynd Investment Management team.
Responsibilities:
- Act as intermediary between lenders and borrowers
- Ownership of of warehouse and perm financing solutions for institutional partners
- Lead deal structuring, negotiating, legal, hedging and closing on various types of asset financing transactions
- Run draw process for financing based on strategic goals of investors and forecasted closings on new assets
- Develop reporting and asset management analysis in conjunction with the IT team to create ongoing automation of reporting and analysis
- Interface with internal senior management and external investors on a day to day basis
- Manage and utilize market knowledge and prepare various comparables for all planned transactions
- Assist brokerage department with debt placement
- Maintain relationships across debt providers to meet short and long term needs of investors
- Review internal and external collateral materials, proofreads content, ensures appropriate branding, and approves materials for final distribution
- Able to work independently as well as providing leadership and directing efforts of team members
Who you are:
- Experienced SFR leader
- Excellent organizational, time management and follow-up skills
- Excellent quantitative skills
- Familiarity with financial modeling/underwriting
- Ability to interface with high profile institutional investors
- Previous experience supporting investment funds and warehouse financing
- Extreme attention to detail and high degree of ownership
- Excellent written and verbal communication skills
- Bias toward action; self-driven and intrinsically motivated with ability to prioritize and meet deadlines
- High degree of comfort with change, technology and ambiguity
- Experience working in a high-tempo, high-growth, team-oriented organization
Qualifications:
- Bachelor’s Degree preferred
- 10 years of investment banking and/or capital market experience
- Financial modeling experience
- Exceptional written and verbal communications skills
- Demonstrated ability to be a self-starter with the capacity to work independently
- Solid analytical and negotiating skills
Any offer of employment is conditioned upon the successful completion of a background investigation.
Covid-19:
Mynd is closely following the 2019 Novel Coronavirus Disease (COVID-19) and implementing processes that promote the safety of our employees, candidates, owners, residents and communities. The health and safety of our employees and contractors around the world continues to be our top priority as we face the challenges associated with COVID-19. Leaders across Mynd meet regularly to consider the evolving situation and are doing all we can to keep our teams healthy.
Travel required:
- Up to 10%
At Mynd, we encourage all of our team members to:
- Be Myndful
- Always Be Entrepreneurial
- Earn Trust
- Play Team First
- Be an ‘A’ Player
- Think Like An Investor
As part of our dedication to diversity, Mynd is an Equal Opportunity Employer. Individuals seeking employment at Mynd are considered without regard to race, ethnicity, color, age, sex, religion, national origin, ancestry, pregnancy, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, registered domestic partner status, caregiver status, marital status, veteran or military status, citizenship status, or any other legally protected category.