Capital Markets Associate, StrideUp
+ Equity
3+ days a week in office
Home financing for first-time buyers
Be an early applicant
Home financing for first-time buyers
21-100 employees
Be an early applicant
+ Equity
3+ days a week in office
21-100 employees
Company mission
StrideUp's mission is to help a generation of young, aspirational buyers take their first step onto the property ladder by building innovative products and by leveraging technology to simplify the customer experience.
Role
Who you are
- Intellectually curious: You are excited to expand your knowledge of the home-finance journey, Islamic finance, and complex areas of capital markets
- Analytical and data-driven: You are comfortable working hands-on with raw data, deriving insights and translating them into potential solutions
- Proactive: You take initiative in identifying business opportunities and risks, and don’t wait for instructions to begin working on them
- Communication: You can convey your ideas effectively to a range of audiences, from colleagues unfamiliar with capital markets concepts to highly sophisticated investors
- Detail-Oriented: You ensure high-quality execution across all aspects of your work
- Mission-Driven: You are excited to work for a purpose-led company and connect with StrideUp’s mission and vision
- 3+ years of capital markets experience, such as in investment banking, lending businesses, rating agencies, or debt capital markets advisory
- Experience in a startup, Islamic finance, or mortgage lending is a plus
- Background in debt transactions, preferably including RMBS, warehouses, and/or forward flow agreements
- Strong financial modelling skills along with a commercial and analytical mindset
- Ability to work in a fast-paced environment, juggling multiple competing priorities
- Track record stakeholder management and leading projects with little or no supervision
What the job involves
- As the Capital Markets Associate, you will be responsible for raising and maintaining capital to support StrideUp’s financing activities
- This will include collaborating with our existing funding partners to structure, model, negotiate, and complete warehouse and forward flow transactions as well as public and private securitisation transactions
- You will also work closely with the senior leadership team in defining StrideUp’s growth plans and assist the CEO in finding new sources of capital to fund them
- Portfolio management: Actively monitor StrideUp’s portfolio and ensure compliance with the terms and limits of the funding arrangements in place
- Investor communication and reporting: Ensure delivery of periodic investor updates and reporting, and respond to investor queries in a timely manner
- Facility negotiations: Play an active role in putting forward StrideUp’s proposals for amendments to existing facilities and implementing the changes once approved
- Funding opportunities: Take ownership of potential new investor transactions from inception through negotiation, due diligence, legal documentation, and completion
- Stakeholder collaboration: Work closely with lawyers, rating agencies, auditors, and other third parties to ensure successful execution of financing / securitisation transactions
- Modelling: Preparing detailed cashflow models to forecast funding needs and presenting the results in a manner that allows effective decision making
- Pricing decisions: Lead the decision-making process on product pricing to balance growth targets, funding/financial requirements and operational considerations
- MI and analytics: Help build processes for data collection, analysis, and visualisation to improve reporting of Management Information
- Treasury and liquidity: Working with Finance and Post-Offer teams to ensure that drawdowns, settlements, and distributions of funds are managed efficiently
Salary benchmarks
Our take
Founded in 2018, StrideUp is simplifying the property buying process for first-time buyers. Using technology and data, it aims to open a new route to homeownership and a better way to invest in property.
By allowing buyers to purchase the amount of the mortgage they can afford upfront, users are able to get on the property ladder earlier. Its platform allows customers to apply with minimum fuss, directly on the website, with advice at any time. This process also removes the traditional inefficiencies associated with shared ownership models. With just a 10% deposit, customers could own up to 80% of the property, leaving the remaining 20% for whenever they're ready to pay.
After purchasing a home with a minimum 10% deposit, users make monthly payments and can increase their ownership at any time - or of course replace StrideUp with another finance provider. StrideUp recognises that revolutionising how the mortgage market works for customers is not going to be an easy task, but they are committed to achieving this mission through its dedicated and focused team.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (1 round)
Nov 2017
$2.2m
SEED
Total funding: $2.2m
Company benefits
- Pension
- Training budget
- 22 days holiday (excl. bank holidays)
- An ability to accommodate flexible working practices
- Team lunches
- Regular events
Company HQ
Farringdon, London, UK
Leadership
Sakeeb Zaman
(Co-founder & CEO)After studying at the University of Oxford, Sakeeb joined Deutsche Bank in 2008, before founding GammaTrace in 2014. He co-founded StrideUp in 2016, serving as CEO since then.
Rohan Trivedi
(Co-founder)Prior to co-founding StrideUp, Rohan spent 9 years at Deutsche Bank as Vice President and then Director or Capital Markets.
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