Full-Time

Financial Products Associate

Posted on 2/18/2025

Hometap

Hometap

201-500 employees

Provides cash for home equity access

Fintech
Financial Services

Junior, Mid

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Investment Banking

You match the following Hometap's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Experienced with at least 2 years of relevant experience in consulting, investment banking, financial product development, investing or similar roles within the financial services space
  • Outstanding modeling, analytical and critical thinking skills, including the ability to identify and summarize key points in any analysis
  • Solid understanding of capital markets and residential real estate financing
  • Strong business acumen - balancing pragmatics, analytics and impact
  • Able to define success and operate within the '80/20'
  • Track record of delivering business results through analysis in a fast-paced environment
  • Empathy and curiosity for investor and homeowner perspectives
  • Strong collaborator; clear and effective communicator
  • Creative, flexible and solutions-oriented approach to problem solving
  • Developed prioritization skills and ability to balance both short-term and long-term objectives
  • Detailed and organized in execution
  • Positive relationship building capabilities and ability to work cross-functionally
  • Strong bias for action
Responsibilities
  • Be responsible for product opportunity analysis, including but not limited to portfolio performance modeling, business case modeling, and scenario analysis
  • Be a subject matter expert on Hometap's financial products, including how they work and fit into the competitive and capital markets landscape
  • Be instrumental in the design of new financial products and improvements to existing financial products that deliver substantial value for Hometap, homeowners and investors
  • Conduct research and development to test hypotheses around new products and product changes
  • Contribute to pricing, structuring and feature decisions that optimize and evolve financial products
  • Develop and maintain processes to continuously track, document, and synthesize information on market trends relevant to Hometap’s position in the market
  • Influence financial product roadmap development in concert with financial and organizational resourcing
  • Support the process by which functional launch plans for products are built and integrated
  • Develop insights, methodologies and solutions that influence the success of our financial products (e.g., valuation, property type policy)
  • Support creation of investor GTM narrative, including rationale supporting the product’s pricing, structure, assumptions, and methodologies
  • Be accountable for product competitiveness for target homeowners and investors
  • Lead by example and embody Hometap’s values

Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$405.6M

Headquarters

Boston, Massachusetts

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Hometap's expansion into New York City enhances market presence and growth opportunities.
  • The appointment of experienced executives strengthens Hometap's structured finance and investor engagement.
  • Rising home values and inflation increase demand for Hometap's alternative financing solutions.

What critics are saying

  • Rising interest rates may make traditional home equity loans more appealing to homeowners.
  • Economic downturns could decrease home values, affecting Hometap's investment profitability.
  • Expansion into new markets may lead to increased regulatory compliance costs.

What makes Hometap unique

  • Hometap offers debt-free home equity access, unlike traditional loans with monthly payments.
  • The Home Equity Dashboard provides homeowners with digital tools for financial decision-making.
  • Hometap's model allows homeowners to access up to $600,000 without selling their home.

Help us improve and share your feedback! Did you find this helpful?

Benefits

401k plan with match

Commuter benefits

Healthcare coverage

Flexible work schedule

Paid parental leave

Unlimited PTO

Learning & development

Generous share package

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-7%
PYMNTS
Feb 4th, 2025
New Proptech Cfo: ‘The Capital Stack Is Everything’

The age of the one-size-fits-all balance sheet-crunching CFO is quickly becoming a relic of business history. The chief financial officer today is like the quarterback of a business — only instead of throwing touchdowns, they’re tossing financial strategies, dodging economic hits and leading the team to victory. Here’s the kicker (and it might sound obvious) but depending on the industry and business mission, the CFO’s playbook — and career path — can look wildly different. This shift is particularly evident in industries like PropTech and FinTech, where the evolution of both the business landscape and the back office has led to a greater recognition of different CFO archetypes

Business Wire
Oct 22nd, 2024
Hometap Appoints Finance Veteran Tom Egan as Chief Financial Officer, Accelerating Next Phase of Company Growth

Hometap appoints finance veteran Tom Egan as Chief Financial Officer, accelerating next phase of company growth.

Business Wire
Oct 8th, 2024
Hometap Announces Closing of $278 Million Securitization of Hometap-originated Home Equity Investments

Hometap, the Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of HT

Business Wire
Jun 28th, 2024
Hometap Achieves Milestone in $217 Million Securitization Debut

Hometap, the Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of it

HousingWire
Feb 13th, 2024
Hometap reaches $1B in home equity investments

In May 2023, Hometap launched an online portal called the Home Equity Dashboard.