Head of Capital Markets

Kiavi, formerly known as LendingHome, is one of the largest lenders to real estate investors in the United States. With Kiavi’s technology platform and innovative financing solutions, real estate investors are empowered to make informed decisions, close deals faster, and realize the full potential of their real estate investment strategies.

Founded in 2013, Kiavi is committed to helping customers revitalize approximately $25 trillion worth of aged U.S. housing stock and provide move-in ready homes and rental housing for millions of Americans across the country.  We have funded almost $13 billion dollars worth of loans across about 52,000+ projects, becoming one of the nation's largest bridge loan lenders. 

Combining our technology and industry expertise, Kiavi has grown to a team of over 400 and has won many awards over the years including Forbes Fintech 50, Finovate Awards: Best Digital Mortgage Platform, Fast Company’s Most Innovative Companies, and many more. 

• Loans Funded: $13+ billion in loans funded 
• Homes financed: 52,000+ projects funded for our customers across the country. 95% of projects have successful exits
• Geography: 31 states + D.C. where we lend to real estate investors so they can revitalize neighborhoods 
• Employees: Over 400 employees

This position can be based remotely in any of our approved hiring regions. Our hybrid distributed workforce philosophy allows us to find the best talent in the country and build diverse teams, while allowing our colleagues to work from the location that works best for them. For those who prefer to work in-office, we have locations in San Francisco and Pittsburgh. We also plan to use these spaces to bring together teammates to drive creativity and innovation.

The Role

The Capital Markets group is building and growing an institutional scale, technology-driven capital markets platform. The Head of Capital Markets has two primary responsibilities; 1) ensuring flawless operations of transactions and loan sales, and 2) building and maintaining strategic relationships with all types of institutional investors to generate new capital

Responsibilities

• Own Kiavi’s capital strategy and oversee the execution across loan products and services through various capital channels.
• Build scalable, efficient and quality-focused processes for loan sale transactions 
• Oversee the development and maintenance of financial partner relationships
• Creates and delivers investment presentations with the goal of attracting and/or retaining institutional investors
• Partner with the legal team to negotiate, review and finalize agreements covering Kiavi's debt facilities (warehouses, securitization, and other structured financing transactions) and associated financing structures.
• Drives and owns securitization initiatives and activities, including evolving capital structures, rating agency interaction, etc.
• Monitors and maintains history of market activity, conditions, and trends to generate market forecasts
• Work with Risk and Credit teams to identify, design and implement modifications to existing product and/or develop new products
• Leverages existing network to add capital partners and capital vehicles
• Develop, retain and/or recruit a high performing and engaged team 

Qualifications

• 10+ years experience at a lending or investment firm with progressive experience in leadership roles (background in credit and asset management a plus)
• Successful track-record of growing significant amounts of capital or managing large amounts of investment capital with an established network of relevant capital partners 
• Successful track record of integrating technology and automating processes
• Deep understanding of short-term bridge financing products is strongly preferred
• Has a strong reputation in the financial sector and has built an extensive network of institutional investors and funds
• Strong interpersonal and influencing skills
• Self-assured, leadership confidence balanced with excellent communication, humility, respect and strong ethics
• Substantive knowledge and demonstrated expertise in mortgage banking, corporate and securities; capital markets; and regulatory compliance

Benefits and Perks 

• Product Ownership: All employees think like an owner because all new hires are granted stock options. After meeting a service requirement at Kiavi, we offer an extension to exercise options up to 3 years after termination.
• Health Insurance: Our medical, dental, and vision plans are completely free for employee-only coverage, and the company pays 80% of the total premium for dependents.
• Whole-Person Wellness: Anyone can schedule no-cost unlimited virtual therapy sessions, use a monthly subsidy for fitness facilities, and access reimbursements for fertility services.
• Carrot: The leading global fertility benefits provider, built to support employees through their lifelong fertility healthcare journey.
• Retirement Savings. Employees who participate in our “no fee” 401(k) receive an immediately-vested employer match on 100% of contributions up to 3% of compensation. 
• Career Growth: We foster an environment that encourages opportunities to use your voice, do better for our customers and each other, and support your career journey.
• Flexible Time Off: With no cap on the number of days of PTO each year, employees are encouraged to enjoy a well-rounded lifestyle with work, travel, and family.
• Paid Leaves: You’re immediately eligible for up to 12 weeks of paid leave each year to bond with a new child (mothers & fathers) and up to 8 weeks for medical or caregiver leave so you come back ready to deliver high-impact results.
• Remote-First: We win together while still being fully remote, and each employee receives a stipend for their home office setup and a monthly allowance to help with the cost of internet/phone.

Kiavi in the News:

• Comment start HousingWire: 2023 HW Tech100 Winner: Kiavi 
• PropTech Connect: Kiavi Closes $209M To Grow Its Funding Capacity 
• CrowdFund Insider: Kiavi Closes $158M Revolving Securitization of Residential Transition Loans 
• Mortgage Professional America: Real investors’ lender Kiavi achieves milestone  
• Inc Magazine: 2022 Best Places to Work: Kiavi