Role Overview:

The Investment Operations Associate is a key role at Homebound that sits at the intersection of all functional areas. The ideal candidate has experience both in structured finance/lending operations, and data analytics, and has ideally worked within both a traditional financial institution and a fast-paced startup environment. While the immediate focus will be largely around investor reporting and financing facility management (including the construction of borrowing bases and the pledging of assets - while always focusing on process improvement) this role will become integral in building and scaling the overall financial operations framework, powering both internal and external stakeholders. This will include the development of a loan management system (LMS), portfolio management tools, cash forecasts, and other value-add reporting used to inform corporate strategy and supplement capital raises.

What You'll Do:

• Lender Relationships & Debt Operations
  • Own the operational responsibilities with all lenders (and relevant 3rd party data and verification agents, auditors, etc.) providing secured financing to Homebound:
    • Assemble of all materials and data tapes required to draw upon facilities, as well as the transmission (and process for it) of any required supporting documentation in the form of appraisals, inspections, mortgage recordings, certificates of occupancy, and more.
    • Run the periodic waterfalls for various investment vehicles and reconcile cash distributions between entities/parties.
    • Own the process to monitor and report upon financing facilities. This includes not only the required deliverables as specified in the agreements like monthly financial covenant reporting, but the ability to design a best in class and scalable process to lower reporting times and any associated manual work.
• System, Data & Architecture Design
  • Design and help to build a world-class loan management system that functionally joins all property level data with loan owners and associated financing terms
  • Work with counterparts in engineering to design the processes that will enable Homebound to access property level data (driving reporting and borrowing, and powering investor audits and business insights) in near-real time. This will require a deep understanding of the financing arrangements and associated draw processes themselves, and the ability to communicate the data consumption needs to technical colleagues in a thoughtful manner.
• Portfolio Analytics and Investor Support
  • Design infrastructure and cadence around portfolio reporting, including both in-flight and realized outcomes of homes
  • Communicate insights and trends to ELT as well as Capital Markets and Operational teams.

What You'll Bring:

• 5+ years of relevant working experience in industries outlined below.
• [TradFi + FinTech] You stem from a traditional finance background (this could include banks, specialty finance lenders, investment managers, rating agencies, consulting firms, auditors, etc.) but have also spent time working at a fast-paced, smaller company (this could include a startup or similar environment where you had to build infrastructure on the fly).
• [Fluent in Legal] You have experience reading and and interpreting (and possibly structuring) securitization/structured financing/credit agreements/loan agreements.
• [Communication] You have excellent written and verbal communication skills, and the ability to break down complex workflows and operational requirements and translate them into digestible steps.
• [BI/Data Sets] You have experience working with BI tools (Looker, Tableau, Mode Analytics, etc.) and have base level competency in one or more programming languages that are useful for working with large data sets and data visualization (such as VBA, Python, PostgreSQL, etc.)
• [Eng mindset] You are continually curious with how things work, consistently ask why, and are always thinking about ways to improve processes in a scalable way. Experience working directly with engineers in a project/product management role is nice to have, but not required.
• [Financial Modeling] You are proficient in excel, and can create basic fund models, return analysis, waterfall distributions, etc.