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JOB SUMMARY

The newly created role of SVP, Capital Markets will play a key role within the senior executive management team to help execute SoLa Impacts strategy for funding and managing our multi-family real estate and construction loans across multiple funds (Fund IV is our first institutional fund).

S/he will ideally possess a private equity real estate orientation and appreciate how multi-family construction financing operates, and have a thorough knowledge of various funding strategies. Additionally, the ideal candidate will have strong work ethic, solid technical/interpersonal skills, and be equally comfortable working with both internal and external stakeholders.

ABOUT THE COMPANY

SoLa Impact is a real estate private equity firm with a double bottom line strategy focused on preserving, rehabbing, and building high-quality affordable housing in Black and brown communities. SoLas proven track record leverages data-driven social impact strategies to deliver market returns for their investors. SoLa Impacts fourth fund, the Black Impact Fund, will deploy over $1 billion in Los Angeles and Southern California to build over 3,500 workforce and affordable housing units. SoLa Impact was ranked as the 7th fastest-growing Black-led private company and was recognized as the Leading Social Impact Housing Developer in recognition of SoLas demonstrated ability to deliver positive changes in environmental, social, and governance (ESG) matters. SoLa Impacts funds have attracted a number of leading investors as a result of its disruptive business model of leveraging private capital, in combination with technological innovations such as modular construction, to dramatically reduce the timeline and cost of affordable housing(link removed) We offer a fast growing, fast-paced environment which is intellectually challenging, yet extremely rewarding and fulfilling due to the social mission that we fulfill.

Requirements

ESSENTIAL DUTIES

• Develop and execute a strategy to build and maintain relationships with debt providers
• Ability to leverage networks and new relationships to ideally secure $100M level commitments (versus $10-20M chunks)
• Influence senior bank executives such as Managing Director, Lending (and team of underwriters)
• Comprehend structure of debt providers
• Ability to develop relationships with senior finance executives who are perceived as creating policy versus doers of work
• Proactively signal new and innovating funding structures to Co-Founders
• Identify and prioritize key institutions that can provide debt to SoLa Impact
• Negotiate terms and conditions of lending agreements
• Develop, maintain, and nurture long-term relationships with key decision-makers
• Identify and communicate macro-economic market trends and related lending business changes that could impact SoLa Impact access to capital
• Manage, mentor, and lead a high performing team while creating L&D opportunities as needed

EDUCATION, SKILLS & ABILITIES

• Minimum of 15 years of experience in capital markets, financial services, or a related field
• High degree of comfort operating in a unique vertically integrated private equity fund which builds affordable housing
• Exposure to multi-family and construction financing
• Private equity real estate domain experience
• Possess right mix of relationship networks and analytical sensibility
• High level cross-disciplinary strategic and creative thinker
• Hands-on operator in lean, agile, and dynamic high growth environments which can be ambiguous at times
• Proven track record of building and maintaining relationships with financial institutions
• Broad understanding of capital markets and solid knowledge of cash and accrual accounting
• Problem solver with the ability to bring new and innovative funding structures to the market
• Ability to work independently and drive new capital markets partners to the platform
• Comfortable working in a fast-paced, dynamic environment
• Track record of raising capital within CRA (Community Reinvestment Act) groups at banks is helpful
• Exposure to industrial financing is a nice to have as were entering the modular housing segment by creating and spinning out an innovative new business entity (Model Z)
• Excel/Cash Flow modeling, PowerPoint
• Bachelor's degree in business, finance, or a related field (advanced degree is a plus)

Benefits

SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, and life insurance, as well as pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to provide employees with a range of important benefits that help to support their physical and emotional well-being, while also providing financial protection and peace of mind.

At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly.

SoLa Impact is an Equal Opportunity Employer. SoLa does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.