Home Partners of America® hiring Vice President, Capital Markets and Treasury in Chicago, IL | LinkedIn (2024)

Job Title: Vice President, Capital Markets and Treasury Department: ExecutiveHome Partners of America, a Blackstone portfolio company, provides paths to homeownership for people who might not otherwise have one, empowering thousands of households to choose quality single-family homes with transparent, locked-in pricing and the power to rent, buy, or walk away with no hidden fees and no strings attached. Today, we offer a range of leasing options to give more people a chance to live in great communities across the U.S., as well as complementary services to help our residents strengthen their credit and navigate the homebuying process.

At HPA, our mission is to "Enrich the lives of the people we serve, one home at a time. Helping more people get into great homes, in the neighborhoods they love, is inspirational, our business model is unique and innovative, and our resident-led approach is closely connected to our Values:

Be a Good NeighborAt our core, we are dedicated to making a lasting, positive impact on the world. It's a commitment to our mission, our residents, and each other. We treat others with respect and embrace sustainable and inclusive practices that benefit everyone we serve.

Go the Extra MileFor us, it’s all about our residents. We give our work everything we’ve got and rigorously pursue excellence. We also champion a culture of continuous improvement to always help each other be better today than yesterday.

Do the Right ThingWe lead each day with purpose and adhere to the highest ethical and professional standards. Integrity is our compass—we are committed to honesty, transparency, and accountability in everything we do.

We are tremendously proud of our programs and the positive impact we have on our residents and communities.

Your RoleThe Vice President, Capital Markets & Treasury (CMT) position reports to the Chief Capital Officer and contributes to the Company’s success by ensuring an efficient funding structure to support the business. Working in partnership with Blackstone, the CMT Vice President will be responsible for leading people and activities across 3 verticals within the Capital Markets team: corporate liquidity, warehouse funding, and JV partnerships/investor relations.

Responsibilities/Key ObjectivesWhat will you be doing

• Oversee 3 verticals across the Company’s capital markets & treasury function
• Corporate liquidity
• Review and sign off on 18-month liquidity model distributed to Blackstone, including upcoming equity contributions, distributions, management fees, and other potential capital inflows/outflows across HPA and its JVs
• Understanding and evaluating property operations and cash flows
• Act as lead liaison for treasury banking relationships
• Provide oversight of daily cash position reporting
• Ad hoc reports, such as scenario analysis
• Warehouse funding
• Develop relationships with existing and prospective bank lenders
• Provide critical support to Chief Capital Officer, Blackstone Capital Markets and Legal to negotiate and execute loan agreements/amendments and originate new facilities
• Analyze and stress test property portfolios that secure various warehouse loans; monitor key covenants
• Review and sign off on monthly borrower reporting, collateral releases, and funding tapes
• Manage and execute interest rate hedging strategy
• Evaluate value-add refinancing strategies in partnership with CMT’s term financing group

• Joint venture partnerships; investor relations
• Supervise preparation and distribution of regular reporting to investors including but not limited to: quarterly governance committee presentations, monthly property tapes, underwritten cash flow, call rates, anticipated IRRs
• Assist in creation and development of new reporting requests from JV investors
• Manage amendment drafting, approval, and execution process with JV investors and warehouse lenders
• Interface and build relationships with JV investors
• Ensure organization and maintenance of internal filing systems
• Respond to investor inquiries on our external reporting, as well as adhoc requests on overall trends and key metrics
• Manage internal processing of data requests from investors
• Manage, train and mentor a team of 4 individuals
• Direct the building and refining of models needed within CMT
• Responsible for oversight of analytical workstreams
• Provide Excel modeling training to junior team members on an ongoing basis
• Act as capital markets partner to FP&A team
• Applicants holding a real estate license will need to have their license assigned to one of the company’s brokerages after 30 days of employment.

QualificationsWhat we look for

• 7+ years experience; securitized finance or real estate debt capital markets experience a plus.
• Must hold a bachelor's degree.
• Highly proficient in Microsoft Office suite; extremely proficient in Microsoft Excel.
• Incredibly motivated.
• Strong analytical and quantitative skills.
• Excellent communication skills, both written and verbal.
• Detail oriented, organized, self-motivated and has effective time management skills.
• Able to handle sensitive information with the highest degree of integrity and confidentiality.
• Good judgment, perseverance and stamina.
• Strong work ethic with ability to meet deadlines, prioritize, and manage time efficiently.

Preferred Qualifications

• Knowledge of VBA and SQL a plus.

We encourage you to apply even if you don’t meet all of the qualifications!

A Little More About UsAt Home Partners, we celebrate diversity, foster collaboration, ignite creativity, and value the significance of our work. We seek exceptional individuals who take pride in making a positive impact and share our passion to be a good neighbor, go the extra mile and do the right thing. For more information, please visit www.homepartners.com .

Perks/BenefitsWe offer premier healthcare at affordable rates and access to 401K. Here are some amazing benefits you may not find anywhere else!

• Mental wellness resources through Headspace & Ginger, pet insurance, adoption assistance program, compassion leave and eldercare/special needs
• 33 paid days off to start (which includes PTO, holidays, and personal days)
• Hybrid working environment

EEOC StatementHome Partners of America and Pathlight Property Management are Equal Opportunity Employers and prohibits discrimination and harassment of any kind. All employment decisions including the decision to hire, promote, discipline or discharge are based on business needs, job requirements and individual qualifications without regard to race, color, religion or belief, sex (including pregnancy, gender identity or sexual orientation), national origin, age, disability status, genetic information, veteran or any other status protected by the laws or regulations in the locations in which we operate.