What are the responsibilities and job description for the VP of Capital Markets position at Sundae?
Company Overview
Sundae’s mission is to help homeowners get the best outcome when it’s time to sell a house that needs some love. For too long, the process of selling outdated and damaged houses has been terrible for sellers. Local property investors capitalize on homeowner distress to purchase houses cheaply and resell them for huge profits.
Sundae is putting more of those profits back in the hands of the homeowner. We’ve developed a model to predict when sellers will need our help, and a best-in-class sales and marketing team to reach them and a trusted brand that allows us to grow even faster through word of mouth and referrals. With scale and efficiency, we’re able to redistribute economic value to sellers in the form of the most competitive price so that Sundae can become the largest buyer of homes that need love in the United States.
We are a Tier 1 Venture Capital backed company with product-market fit, scaling revenue, and a massive addressable market opportunity. Our team is composed of seasoned leaders from real estate and marketplace businesses and with significant high-growth company experience (Airbnb, Dropbox, Chime, LendingHome).
Joining Sundae means being part of the team that’s bringing compassion and transparency to the business of helping homeowners sell in their time of need. If you’re driven by making a positive impact on people’s lives and want to support our mission, we’d love to hear from you.
About the Role
Sundae is looking to hire a Vice President of Capital Markets, responsible for developing and maintaining long term equity and debt relationships to enable Sundae’s continued growth. This leader will manage a growing team of analysts and associates as owner of several relationships and financing strategies. Our ideal candidate will have a strong background in investment banking, private equity, or institutional finance, with the capability to lead a wide scope of functions.
This role reports to the Senior Vice President of Finance & Strategy.
Responsibilities
- Ownership of warehouse and permanent financing solutions with institutional partners
- Lead deal pitches, structuring, negotiating, and closing for all capital transactions
- Develop reporting and analysis in conjunction with Data Science team to create ongoing investor and lender reporting
- Interface with internal senior management and investors
- Manage and utilize market knowledge and prepare various peer comparables for all planned transactions
- Maintain relationships across debt providers to meet short and long term business needs
- Able to work independently as well as providing leadership and directing efforts of team members
- Prepare board business update materials and capital initiative updates
- Assist with Investor Relations related activities and support
About You
- Experienced capital markets leader
- Excellent organizational and time management skills
- Exceptional quantitative skills
- Familiarity with financial modeling and enterprise valuation
- Ability to interface with high profile institutional investors and lenders
- 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 with ability to prioritize and meet deadlines
- High degree of comfort with change, technology and ambiguity
- Experience working in a high-growth, team-oriented organization
Qualifications
- Bachelor's Degree preferred
- 7 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
Why Sundae?
- Opportunity to revolutionize the real-estate industry with a mission to help those in need
- Scale with a rapidly growing organization, with tons of opportunity for growth
- Work with a team of fun and motivated individuals in a highly collaborative culture
Compensation & Benefits
- Competitive cash salary
- Stock option package
- Extremely competitive health benefits - 100% medical, dental, vision coverage
- Retirement benefits including pre- and post- tax options
- Unlimited PTO
- Work Remotely with home office allowance and cell and internet stipend
We here at Sundae strive to build a workforce composed of individuals with diverse backgrounds, abilities, minds, and identities that will help us to grow, not only as a company, but also as individuals. Sundae is an Equal Opportunity Employer.
Where permitted by applicable law, employees must have received or be willing to receive the COVID-19 vaccine by date of hire. Reasonable accommodations will be considered.
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