Director of Capital Markets & Treasury, Oportun
$130-209.3k
Digital banking & loan platform
Be an early applicant
Digital banking & loan platform
1001+ employees
Be an early applicant
$130-209.3k
1001+ employees
Company mission
To help people across the United States create a brighter financial future.
Role
Who you are
- Bachelor’s degree plus 8 + years of experience in capital markets, investment banking or investment management (or Master’s degree and equivalent combination of education and experience)
- Securitization experience with strong cash flow modeling and portfolio valuation skills
- Proven experience leading teams, fostering strong internal relationships, and managing external counterparties
- Proven track record of managing deal flow and third-party relationships
- Track record of innovating funding strategies and scaling platforms
- Ability to work in a fast-paced and highly dynamic business environment
- Exceptional leadership, communication, problem solving and negotiation skills
- Results-oriented team player with a strong work ethic and attention to detail
- Excellent MS Excel skills. Ability to write data queries a plus
What the job involves
- The Director, Capital Markets & Treasury is responsible for driving the company’s funding strategy by managing the reporting and covenant monitoring for existing funding facilities; analyzing and optimizing liquidity, capital planning and funding strategies; structuring and executing securitizations, warehouse financings and whole loan sale transactions; and managing a broad array of external capital markets relationships
- This role will lead the design and execution of securitizations, warehouse facilities, and loan sale transactions while developing new funding channels and optimizing liquidity and capital structure
- Own whole loan sales activities, including contract negotiations, management of existing programs and investor relationships
- Execution of asset-backed securitizations, warehouse lines of credit and other debt financings, and loan sale transactions
- Support development of overall capital strategy to optimize liquidity, funding costs and funding diversification
- Collaborate with CFO, CEO, Chief Legal Officer, Chief Risk Officer and other senior leaders within the organization as needed, to support capital raising activities
- Build cash flow models, structure deals, and scenario analysis for capital planning
- Interact with lenders, investors, rating agencies and other transaction parties
- Perform liquidity forecasting and cash management
- Analyze and implement interest rate hedges
- Manage transaction reporting
- Provide capital markets coverage for financial forecasting, financial reporting, accounting, audit and compliance activities
Our take
Oportun is an AI-powered digital banking platform that makes financial health effortless for anyone. Following the company’s acquisition of former competitor Digit, it has expanded its services to offer a wider range of bank features – providing personal loans, credit cards, saving accounts, and an investment app.
Many struggle with the paradox of “you have to have credit to build credit”, as legacy banking systems tend to give those beginning their credit journeys a bad deal. Capitalizing on the growth in popularity of mobile banking apps, Oportun provides affordable and accessible financial services to those already using mobile banking apps.
While Oportun faces a number of strong market competitors, it has served millions of customers and facilitated billions in credit and savings - demonstrating that it is a force to be reckoned with. It has also raised considerable funding that will support its further development.
Freddie
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Sep 2019
$27.5m
SERIES C
Jun 2016
$22.5m
SERIES B
Total funding: $66.3m
Company benefits
- Paid time off
- Bonus and incentive programs
- Comprehensive healthcare packages, including medical, dental, vision, and flexible spending accounts (FSA)
- Remote work options for many of our positions
- Virtual coffee chats, holiday parties, and events
Company HQ
San Carlos, CA
Leadership
Raul Vazquez
(CEO)Former EVP of Walmart. They are a Member of the Board of Directors at Intuit.
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