Capital Markets Operations Analyst

Join a fast growing start up changing the real estate investing industry! 

Backflip is a venture-backed FinTech company that empowers anyone to improve their life and their neighborhood through real estate investing. To do that, we need people who are inspired to reimagine and rebuild an outdated and unbalanced system; to support and celebrate America’s local entrepreneurs. Check out the Backflip app here to experience first hand how we're making a difference through our technology.

Backflip is seeking a Capital Markets Operations Analyst to support our Capital Markets team (Backflip originates real estate investment loans, not consumer loans). As an early hire, this individual will play a critical role in ensuring Backflip has best-in-class Capital Markets functions that are member-friendly, detail-oriented, operationally efficient, and scalable. They will also help ensure Backflip’s culture continues to be reflected in the operation.

We’re looking for someone who possesses strong organizational skills with a passion for processing and thrives in a fast-paced, entrepreneurial environment. Success in this role requires learning quickly while balancing structure and autonomy. This position reports to the VP of Capital Markets.

This position is remote (U.S.) and a rare opportunity to get in on the ground floor (~60 person team) working directly with senior leaders in a well-capitalized startup with a great culture (Check out our recently announced $15M Series A).

What You’ll Do:

• Manage day-to-day warehouse financing activities, including creating daily data tapes and reconciling with our financing partners, communicating with internal closing and underwriting teams to ensure documentation requirements are satisfied, and submitting funding requests for daily loan financing

• Collaborate across departments to create and implement operational improvements focused on automation

• Manage third-party review of loan collateral

• Verify the accuracy of closing documents

• Execute the settlement of loan sale transactions

• Resolve third-party document conditions promptly and efficiently

• Track and resolve loan document conditions; enhance processes around the same

• Use Excel, Google Sheets, and other technology to organize and analyze data from multiple sources

• Assist with creating recurring and ad-hoc reports for management and investors

• Cultivate and nurture relationships with Backflip’s partners and Members

Qualifications:

• 1-3+ years of direct experience in capital markets operations, loan funding, treasury operations, or a similar role focused on daily financial process management, preferably within the mortgage or real estate finance industry

• Prior experience in a relevant role such as Capital Markets Operations Analyst, Loan Funding Analyst, Funding Operations Specialist, Warehouse Lending Analyst, or Treasury Operations Analyst, or similar

• Experience in residential real estate investing, fix-and-flip lending, property technology (PropTech), or financial technology (FinTech) is a plus

• Strong skills in Microsoft Excel and Google Sheets, coupled with general tech-savviness and experience using business platforms such as Setpoint (capital markets), HubSpot (CRM), Slack (communication), and Zapier (automation) are a plus

• Highly organized, accurate, and detail-oriented with excellent time management and prioritization abilities

• Proactive, self-motivated problem-solver with an execution-focused, "one-team" attitude and a strong sense of ownership and accountability

• Excellent communicator (written and verbal) adaptable to various audiences and timelines

This candidate will champion Backflip’s culture & Core Values:

• Raise the standard of what is possible

• Embrace being the novice to become the master

• Work only with those who want the best for us

• Communicate quickly, naturally and with radical candor

• Test new things to invent and challenge the status quo

• Today, nay now!

Compensation for this role includes a base salary of $80,000 plus an annual bonus of $5,000, and is based on a variety of factors including prior experience, geographic location, stock option grant, and other factors, and may fall outside of the stated range for certain candidates. In addition to a competitive market salary, Backflip employees receive equity stock options, paid health care, and a 401K + company match, among other industry-leading benefits.

All Backflip positions are remote. Like the people we serve, we believe being free to create wherever you’re most inspired is one of life’s greatest joys. It’s better for individuals, for community, and for fostering great work to emerge. With our work-from-anywhere approach, Backflip brings together a diverse team of individuals, with passions for innovation, art, coding, AI, data, finance, film, real estate, the environment, learning and teaching. Together, we're moving fast.

Backflip is an equal opportunity employer. We know that building a world-class organization is not possible without an intentional focus on recruiting, empowering, promoting and rewarding the best and brightest people of all backgrounds. Backflip focuses on hiring individuals that align with its Core Values (listed above), and consistently display a high ethical standard, both personally and professionally.

This role is not eligible for visa sponsorship.