Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster way to access the capital they need to scale their businesses.
Formerly known as LendingHome, we’re committed to helping REIs revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.
Combining our technology and industry expertise, Kiavi has grown to a team of over 500 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: $30 billion in loans funded
- Homes financed: 100,000+ projects funded for our customers across the country
- Geography: 49 states + D.C. where we lend to REIs so they can revitalize neighborhoods
- Employees: Over 500 employees with competitive benefits and perks
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.
Identity Verification Notice:To ensure the security and integrity of our hiring process, all candidates are required to complete a secure identity verification. This process uses biometric and device validation to confirm identity and liveness. All data is handled securely in accordance with our privacy policy.
THE TEAM
The Treasury team initiates and monitors all money movements companywide including but not limited to new loan originations, borrower/investor payments, financing facility transactions and various ad hoc cash transactions. Growing and maintaining financing relationships and actively managing the company’s working capital are key responsibilities for the team. We rely on each other to consistently complete our tasks and meet our deadlines all while keeping a fun and lighthearted team culture.
JOB SUMMARY
We are looking for a Jr. Treasury Analyst to help us manage and process our internal and external money movements. This role will involve internal reporting of our bank account positions and will require prompt reconciliations and approvals of money movements to ensure money flows in a timely manner. This role will require great attention to detail and the ability to prioritize and multitask.
JOB DUTIES
- The Treasury Analyst is responsible for reviewing funding and construction
- holdback draw wires, and for ensuring that the data reflected in the system aligns
- with the loan documentation.
- Process high volume bank transactions with accuracy.
- Disburse payments from the service holding account to investors’ FBO accounts
- and perform reconciliation of these transactions.
- Assist with monthly bank account reconciliations.
- Prepare and reconcile reports reflecting daily liquidity and warehouse line
- capacity balances.
- Manage tax payment requests including reconciling the tax advance on the loan,
- correcting any inaccuracies and sending funds to the correct beneficiary.
- Address inquiries and resolve issues in collaboration with internal partners,
- ensuring prompt resolution of operational challenges as they occur.
- Assist with various ad hoc tasks that the Treasury team handles.
MINIMUM QUALIFICATIONS
- Bachelor’s degree. Finance/Math/Accounting preferred
- 0-3 years of a finance, accounting, or other applied math field preferred
- Strong attention to detail and accuracy
- Ability to multitask efficiently
- Positive attitude and a great team player
- Ability to establish priorities and meet deadlines throughout the day
- Strong organizational skills
- Excellent verbal, interpersonal and written communication skills
- Proficient with Excel preferred
- Experience in the mortgage industry is a plus
Kiavi takes a market-based approach to pay, and pay may vary depending on your location. The expected annualized base pay range for this full-time role to be performed remotely is $50,000 to $75,000 + 5% + benefits. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries. Within the range, the successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value of bonus or benefits.
Benefits and Perks
- Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
- Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $1,000 for individual coverage and $2,000 for dependents.
- Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
- Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, training, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
- Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it's approved by their manager.
- Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
- 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $8,000 (whichever is less). All employer contributions are immediately vested.
Protect yourself from recruitment scams:
- If you are offered an interview or a role with Kiavi, this will be communicated with you through email, via an official email address ending in @kiavi.com or @lendinghome.com.
- You will never be asked for payments of any kind during the process.
- We also never communicate with candidates via Whatsapp at any point during the recruitment process.
- We won’t ask for personal information or data via text message. If you have any concerns regarding how genuine a text message is, please contact your recruiter.
- You can find our official Kiavi careers page here. We advise you to check that the page details and website addresses match if you have any concerns.
We use E-Verify to confirm the identity and employment eligibility of all new hires.
Originally posted on Himalayas