Structured Credit Lead

Local or 100% Remote

Who we are 

Our mission at Point is to make homeownership more valuable and accessible to all. Every day, we explore, build, and iterate to create innovative financial products that improve the lives of our customers. Together, we’re creating the premier full-stack home equity platform to help current homeowners access their home wealth and aspiring ones realize their dream of homeownership. Point has raised over $180M from Andreessen Horowitz, WestCap, Prudential and other leading investors.

About the role

Point seeks a talented structured credit lead who has:

• a successful track record of leading new securitizations backed by Home Equity Investments while monitoring existing securitizations. You can take a deal from start to finish and are highly experienced in private and public RMBS and ABS markets. 
• capable of working across with rating agencies, investment bankers, law firms, and syndicate investors.
• In addition to 4(a)(2) and 144A transactions, you will cover all types of structured credit transactions and financings for originators, purchasers, JV partnerships, and lenders in the HEI space, in addition to forward flow arrangements.
• deep understanding of the markets, product class, and day-to-day operations of the team and company. 

Your responsibilities

• Lead capital-related transactions from drafting to closing – including private and public transactions – by driving timelines and processes, overseeing the preparation and drafting of documents, and completion of closing requirements
• Drive structure and pricing negotiations 
• Track industry performance and analysis on HEIs while managing Point reporting requirements
• Develop and manage relationships with capital partners and key transaction counterparties
• Oversee the creation of marketing materials to support capital-related transactions
• Manage reporting for existing transactions, including Intex reporting
• Responsible for rating agency structure and modeling
• Work closely with investment banks and law firms to structure and draft the transaction
• Comfortable working with sophisticated bond buyers and presenting at investor meetings

About you

• 6-8 years of Structured Credit/Finance experience
• Experienced track record of leading securitization and other complex capital markets transactions
• History of working cross-functionally inside and outside of the organization
• Outward-facing experience with executives (ie investment banks, bond buyers, etc)
• Experience structuring large capital transactions
• Expert proficiency with Intex, Excel, Google Suite, and Bloomberg
• Analytical and detail-oriented with strong organizational, project management, and problem-solving skills
• Able to structure and model complex financial transactions
• Effective, collaborative partner with internal and external partners
• Well-refined communication skills. Can articulate ideas and strategies clearly, both verbally and in writing.
• Structured approach to problem-solving and able to maintain high-quality output even under time pressure.

Our benefits 

Generous health benefits

• We provide medical, dental, and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA). Point covers 99% of employee medical, dental, and vision premiums.

Unlimited paid time off

• Recharge with unlimited paid time off and 10 company holidays. 

Flexible remote & onsite work

• Our teams work from many different locations and time zones. We support fully remote work and also have an amazing in-person environment in our downtown Palo Alto, CA HQ. 

Fully paid parental leave

• Point will true-up wages from state-applicable PFL earnings so that the employee’s total gross pay will be equivalent to 100% of their regular base pay, as well as two weeks of fully paid leave to be available after exhaustion of state PFL. 
• For employees in states without Paid Family Leave, Point will provide up to 8 weeks of paid parental leave. 
• In addition, all employees will receive 4 weeks of fully paid transition time. For four weeks after returning from parental leave, and following the use of all other paid leave benefits, you may work part-time, meaning two or three days per week, and receive 100% of regular base pay.

Financial wellness

• We provide 401K retirement plans for employees as well as guaranteed life insurance and short- and long-term disability coverage. Full-time employees have the opportu