Company Overview

Sundae’s mission is to help homeowners and investors get the best outcome when it’s time to sell or buy a house that needs some love.

We promise our customers peace of mind and support throughout the sales process. Sundae is the only off-market buyer to offer transparency, simplicity, and the highest price. We’ve developed a model to predict when sellers will need our help, a best-in-class team to reach them, and a trusted brand that allows us to grow even faster through word of mouth and referrals. With scale and efficiency, we can redistribute economic value in the form of the fairest price for sellers and buyers alike.

We are a Tier 1 Venture Capital backed company with a product-market fit and a massive addressable market opportunity. Our team comprises seasoned leaders from real estate and marketplace businesses with significant high-growth company experience (Airbnb, Dropbox, Chime, LendingHome).

Joining Sundae means being part of a team bringing compassion and transparency to helping homeowners sell in their time of need while providing access to investment opportunities for buyers, saving them time, money, and resources. If you’re driven by positively impacting people’s lives and want to support our mission, we’d love to hear from you.

About the Role

We are seeking a detail oriented and disciplined capital markets analyst to support and grow our capital markets function focused on residential real estate lending . You’ll be a part of a fast-paced environment, interacting closely with capital markets loan investors (such as Nomura Securities, PIMCO and others), Sundae accounting/finance and internal lending ops teams. This role is fully remote and will report into our Accounting/Finance Department. The ideal candidate thrives in a start-up environment, with the ability to scope and execute projects and tasks independently with high attention to detail. You’ll need to have strong interpersonal and analytical skills.

Key Responsibilities

• This person will be responsible as the primary point of daily contact for our capital markets loan investor and warehouse line provider
• Prepare and submit closed loan spreadsheets to our warehouse lender for financing
• Review the warehouse borrowing base (how much of the loan amount we can borrow against) to confirm it is being calculated in accordance with our warehouse agreements
• Prepare monthly servicer report setting out loan level interest collections and payoffs and verify the monthly payment waterfall on the warehouse line
• Review daily company cash position and borrow as needed on our warehouse line
• Track borrowings on each loan financed on our warehouse line; notify warehouse line provider of loan payoffs/paydowns
• Prepare loan sale spreadsheets and send to our loan investors to offer closed loans for purchase
• Partner with lending ops teams to clear loan sale documentation requirements and loan exceptions
• Prepare settlement statements for all loan sales, along with other operational items such as preparing bailee letter, collateral release request, etc
• Prepare loan level interest accrual calculations for accounting
• Creation of ad hoc analytics and presentations

About You

• Recent college graduate with a 4 year undergraduate degree in finance, mathematics, business, economics, statistics, engineering or similar
• Preferred 2+ years of experience in capital markets, banking or FP&A roles at an organization that participates in the residential real estate lending
• Self starter with the ability to effectively time manage and complete assignments accurately
• Excellent analytical, problem-solving, and organizational skills; very high attention to detail
• Strong written and verbal communication capabilities.
• Ability to work in a fast-paced environment with a sense of urgency
• Highly proficient in Microsoft Excel

Compensation & Benefits

• Competitive cash salary with opportunity for additional incentive compensation as we grow
• Competitive health benefits

We here at Sundae strive to build a workforce composed of individuals with diverse backgrounds, abilities, minds, and identities that will help us to grow, not only as a company, but also as individuals. We are focused on building a diverse and inclusive workforce. If you’re excited about this role, but do not meet 100% of the qualifications listed above, we still encourage you to apply.

Sundae is an Equal Opportunity Employer.