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Full-Time

Ops Strategy Associate

Confirmed live in the last 24 hours

Hometap

Hometap

201-500 employees

Provides cash for home equity access

Consulting
Fintech
Financial Services
Real Estate

Mid

Boston, MA, USA

Category
Project Management
Strategy Development
Operations & Logistics
Business & Strategy
Required Skills
Sales
Communications
Management
SQL
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 2+ years of related experience in business operations, operations strategy, project program management, or vendor management
  • Strong written, verbal, and visual communication skills to communicate clearly and professionally. You are excellent at providing instructions any user can follow, and at helping stakeholders understand why our process is the way it is.
  • Empathy for homeowners and internal stakeholders. You believe that quality and efficiency issues represent an opportunity for process improvement, and assume best intent of users.
  • Strong analytical skills, preferably comfort with Google Sheets / Excel and SQL
  • Technical curiosity to learn and understand how software works. You can effectively distinguish user error from system errors, and help prioritize solutions based on level of effort and level of impact. You can foresee and communicate scenarios that should be accounted for in sales & operations teams workflows in our software.
  • Demonstrate strong critical thinking and communication skills, with a creative, flexible, and solutions-oriented approach to problem-solving
  • Detailed and organized in execution
  • Strong preference for experience in the mortgage/fintech or title space
  • Bonus if you have experience in implementing new underwriting & investment policy requirements
Responsibilities
  • Continuously optimize the what, who, how, and when of our end-to-end investment process to provide a best in class experience for homeowners and employees at scale
  • Use data and analytics to identify opportunities for process improvement, design experiments and implement those changes to support key business goals
  • Work collaboratively across internal teams to design and implement solutions that drive user adoption, execute implementation plans, and evaluate their impact
  • Set and track KPIs and OKRs for launch initiatives and operational processes
  • Contribute to the planning and execution of change communications and organizational change management
  • Develop implementation plans for new underwriting investor requirements and underwriting policies
  • Evaluate insource vs. outsource solutions, helping to determine how best to fix problems and scale operations efficiently.

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 generates 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 Stage

Seed

Total Funding

$172M

Headquarters

Boston, Massachusetts

Founded

2017

Growth & Insights
Headcount

6 month growth

7%

1 year growth

7%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Hometap's rapid growth, as evidenced by its ranking in the top 2 percent of the Inc. 5000, indicates strong market acceptance and potential for career advancement.
  • The company's recent $217 million securitization debut and $1 billion in home equity investments highlight its financial stability and growth potential.
  • Expansion into new markets, such as the recent opening of a New York office, provides opportunities for geographic and professional growth.

What critics are saying

  • The innovative nature of Hometap's financial product may face regulatory scrutiny, which could impact its operations and growth.
  • Economic downturns or declines in the housing market could negatively affect the company's business model, which relies on home value appreciation.

What makes Hometap unique

  • Hometap offers a unique financial solution by allowing homeowners to access their home equity without taking on additional debt or monthly payments, unlike traditional home equity loans or lines of credit.
  • The company's business model, which involves sharing in the future appreciation of the home's value, provides a flexible alternative to conventional financing methods.
  • Hometap's high customer satisfaction, evidenced by a 4.9/5 rating on Trustpilot, sets it apart in the financial services market.

Benefits

401k plan with match

Commuter benefits

Healthcare coverage

Flexible work schedule

Paid parental leave

Unlimited PTO

Learning & development

Generous share package