Senior Vice President, Capital Markets

JOB SUMMARY

The newly created role of SVP, Capital Markets will play a key role within the senior executive management team to help execute SoLa Impact’s strategy for funding and managing our multi-family real estate and construction loans across multiple funds (Fund IV is our first institutional fund).

S/he will ideally possess a private equity real estate orientation and appreciate how multi-family construction financing operates, and have a thorough knowledge of various funding strategies. Additionally, the ideal candidate will have strong work ethic, solid technical/interpersonal skills, and be equally comfortable working with both internal and external stakeholders.

ABOUT THE COMPANY

SoLa Impact is a real estate private equity firm with a double bottom line strategy focused on preserving, rehabbing, and building high-quality affordable housing in Black and brown communities. SoLa’s proven track record leverages data-driven social impact strategies to deliver market returns for their investors. SoLa Impact’s fourth fund, the Black Impact Fund, will deploy over $1 billion in Los Angeles and Southern California to build over 3,500 workforce and affordable housing units. SoLa Impact was ranked as the 7th fastest-growing Black-led private company and was recognized as the Leading Social Impact Housing Developer in recognition of SoLa’s demonstrated ability to deliver positive changes in environmental, social, and governance (ESG) matters. SoLa Impact’s funds have attracted a number of leading investors as a result of its disruptive business model of leveraging private capital, in combination with technological innovations such as modular construction, to dramatically reduce the timeline and cost of affordable housing. We offer a fast growing, fast-paced environment which is intellectually challenging, yet extremely rewarding and fulfilling due to the social mission that we fulfill.

Requirements

ESSENTIAL DUTIES

• Develop and execute a strategy to build and maintain relationships with debt providers
• Ability to leverage networks and new relationships to ideally secure $100M level commitments (versus $10-20M chunks)
• Influence senior bank executives such as Managing Director, Lending (and team of underwriters)
• Comprehend structure of debt providers
• Ability to develop relationships with senior finance executives who are perceived as “creating policy” versus “doers of work”
• Proactively signal new and innovating funding structures to Co-Founders
• Identify and prioritize key institutions that can provide debt to SoLa Impact
• Negotiate terms and conditions of lending agreements
• Develop, maintain, and nurture long-term relationships with key decision-makers
• Identify and communicate macro-economic market trends and related lending business changes that could impact SoLa Impact access to capital
• Manage, mentor, and lead a high performing team while creating L&D opportunities as needed

EDUCATION, SKILLS & ABILITIES

• Minimum of 15 years of experience in capital markets, financial services, or a related field
• High degree of comfort operating in a unique vertically integrated private equity fund which builds affordable housing
• Exposure to multi-family and construction financing
• Private equity real estate domain experience
• Possess right mix of relationship networks and analytical sensibility
• High level cross-disciplinary strategic and creative thinker
• Hands-on operator in lean, agile, and dynamic high growth environments which can be ambiguous at times
• Proven track record of building and maintaining relationships with financial institutions
• Broad understanding of capital markets and solid knowledge