Capital Markets Associate, Stripe
Treasury-Finance
$136-204k
More information about location
A financial infrastructure platform for businesses
Open for applications
A financial infrastructure platform for businesses
1001+ employees
Open for applications
$136-204k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- We’re looking for a creative, smart, and driven Associate to join our Capital Markets team
- 2-5 years of relevant corporate finance, leveraged finance, investment banking, credit or corporate treasury experience
- Solid understanding of credit agreements, capital structures, and financial covenants
- Familiarity with rating agency metrics, rating process and considerations
- Understanding of macroeconomic trends and how they impact markets
- Demonstrated problem solving and critical thinking skills
- Excellent verbal and written communication skills; ability to leverage data insights into a dynamic narrative
- Strong cross-functional collaboration skills and the ability to manage multiple projects with high attention to detail
- Top academic performer and a quick learner capable of performing in an unstructured environment
- High intellect and energy (exothermic), entrepreneurial, self-motivated, resourceful and strong work ethic
Desirable
- Undergraduate degree in Economics, Finance, Business, Math or equivalent and/or MBA from a strong academic institution
- Knowledge or experience with broader fixed income markets, including FX, interest rate derivatives, etc
- Interest in the payments sector
What the job involves
- You will support core financing and investment activities of the team, help drive Stripe’s capital structure and capital allocation strategy, and deliver valuable insights from market analysis
- You will collaborate with cross-functional partners across Treasury Finance, Investor Relations, Finance & Strategy, Accounting, Legal, Product, Data Science and beyond to execute on large projects
- Support execution of debt capital market transactions
- Produce and maintain financial models to forecast liquidity and credit position, funds available for investments, interest income and expense, etc
- Manage the debt covenant compliance process, financial ratio calculations, and assist with filing obligations
- Support operationalization and management of global liquidity investment programs
- Help foster positive relationships with lenders, investment bankers, rating agencies, and financial advisors
- Assist with stakeholder engagement activities, including lender meetings, calls, and events
- Provide analysis and ideas to optimize Stripe’s capital structure and capital allocation
- Monitor and report on capital markets, macroeconomic and industry trends
- Build management observability and deliver data insights relating to areas of responsibility
- Drive cross-functional projects in partnership with product, engineering, finance and/or legal teams
- Support as needed other Capital Markets projects and initiatives
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company values
- Built for builders - The best reason to work at Stripe is that you will have colleagues who support and challenge you to do the best work of your career. We combine a big-picture mindset with obsessive attention to the details, down to the last pixel, API parameter, and word.
- An environment of growth - We care about results more than CVs. We value managers who remain experts while developing talent and designing successful orgs. You can also have a big impact and advance far without managing anyone. We want you to take what you’ve been hired to do, and show us how it’s done – you might create something we never would have imagined. We have had account managers start a publishing arm, interns who have run business units, and hackathon participants who have built company-defining products.
- Fast-paced, detail oriented - We balance innovation with scrupulous attention to every bit and byte involved in the movement of money – because we can’t do our job well unless we do both. When we started, we emailed every API error to everyone at the company. Now, we have more than 250 million API requests a day – and we still care about each one.
- Voraciously curious - We wish there was a book that described what we need to do next (we’d even publish it), but since there isn’t, we all have to write it together. You will need to find answers to questions you’ve never been asked before. Sometimes, you will be the first person ever to contemplate a particular problem. We want people who devour books for fun and approach new challenges with eager curiosity.
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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