Job Summary

Located in our Dallas, TX corporate headquarters, the Analyst, Corporate Strategy & Capital Markets will be a member of Invitation Homes’ Corporate Strategy & Finance group.  The Analyst, Corporate Strategy & Capital Markets will play an important role in shaping the strategy and execution that goes into the financing (both on and off-balance sheet) of a leading, single-family rental REIT with a growing portfolio of over 85,000 homes.  Responsibilities of the role will include helping to lead the company’s strategic financing activity, especially with respect to secured debt financings, financial modeling and analysis, debt covenant compliance, interest rate hedging activities, and preparation for management meetings with banks, debt investors, rating agencies, JV partners, and other stakeholders.  Through this role, the Analyst, Corporate Strategy & Capital Markets will gain exposure to many areas of Invitation Homes’ business and will work collaboratively with members of the company’s Investment Management, Operations, Accounting, FP&A, and Investor Relations teams.  In addition, the Analyst, Corporate Strategy & Capital markets will form external relationships and engage with counterparts at lending institutions, loan servicers, trustees, rating agencies, and joint venture partners. 

Invitation Homes has been among the top performers in the REIT space since its IPO in 2017, assembling a portfolio of over 85,000 homes valued at ~$30 billion.  The company today continues to produce strong operating results and expects fundamentals in the single-family rental sector to remain supportive of growth.  As a result, the company is seeking to add homes to its portfolio by investing its own capital, investing through joint venture partnerships that it manages, and managing homes for high quality institutions.  As a result, the company is seeking to rapidly add homes to its portfolio, and the Corporate Strategy & Capital Markets Team is playing a critical role in that strategy by evaluating strategic opportunities and sourcing efficient capital to fund growth.  For this Analyst, Corporate Strategy & Capital Markets position, the team is seeking an analytical thinker who is both detail-oriented and comfortable working in a fast-paced environment.  The ideal candidate will also be comfortable working with others, efficient with data, a strong communicator, and eager to learn.

Essential Job Duties and Responsibilities

• Assist in analyzing capital needs for the Company’s joint ventures and executing warehouse loans to finance joint venture capital deployment.

• Update, maintain, and refine corporate strategy & capital markets models, including the Company’s corporate financial model and joint venture models.

• Participate in, and contribute to, annual budgeting and forecasting of capital markets activity and financing costs.

• Assist with collection, synthesis, and modeling of data in support of analysis of strategic initiatives, capital markets opportunities, and investment decisions.

• Assist in the preparation of presentation materials for the Company’s Board of Directors, current and/or potential investors, current and/or potential lenders, and rating agencies.

• Assist in the preparation of presentation materials and memoranda presented to the Company’s Executive Committee, Investment Committee, and senior leadership team.

• Analytical support of all financing-related activities, including Excel modeling, KNIME workflow execution, report generation, and coordination with the Operations and Accounting teams to review, analyze, confirm, and report on property-level and corporate financial results and operating performance metrics.

• Assist in the preparation and execution of new financing transactions, including assisting senior members of the Corporate Strategy & Capital Markets group in the review of term sheets and loan agreements, analysis of the financial impact to the Company’s balance sheet, liquidity, and P&L, and assistance with third party due diligence requests.

• Work with senior members of the Corporate Strategy & Capital Markets group to ensure compliance with lender and/or servicer requirements and debt covenants, including creation of all necessary reporting.

• Prepare notices and requests for maturity extensions, collateral substitutions, revolver draws/paydowns, and other actions related to the company’s debt instruments, and communicate such actions to banks, trustees, and loan servicers.

• Update and maintain analyses/reports of the company’s interest rate hedge positions, cost of capital, and lender list.

• Assist in the preparation of capital markets-related data and exhibits in quarterly earnings releases and SEC filings.

• Assist in managing interest payments, interest elections, and processing capital markets related invoices

• Perform other duties as assigned

Education and/or Experience

• Bachelor’s degree and at least 1 year of relevant experience

Skills/Specialized Knowledge

• Comfort and familiarity with basic finance and accounting principles and financial statements

• Proficiency with Microsoft Excel, Word, and Powerpoint

• Proficiency with modeling tools is a plus, particularly Anaplan or similar tools like Adaptive Insights

• Proficiency with data tools, particularly KNIME, is highly beneficial

• Effective problem solver and strategic thinker, capable of understanding both big picture and finer details

• High degree of intellectual curiosity

• High attention to detail

• Excellent organizational skills; ability to manage multiple competing priorities and deadlines.

• Well-developed written and verbal communication skills

• Strong interpersonal skills and teamwork skills

• Self-starter with a strong sense of ownership and accountability

• Ability to maintain confidentiality

Other Requirements

• Must maintain professional appearance

• Ability to work on a regular and consistent basis; Overtime may be required for this position

• Presence in our Dallas office is required five days a week

Physical and Mental Demands

This position will spend long hours sitting and using office equipment and computers. The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking. This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate and communicate. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Work Environment

Standard office working environment that may be busy and noisy at times.

Salary Range

$61,650.00 - $106,860.00

Compensation and Benefits

To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:

• Annual bonus program

• Health, dental, vision, and life insurance

• Long-term and short-term disability insurance

• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays

• 401(k) with company matching contributions

• Awesome work environment with casual dress

• Team events and gatherings (Pre- and Post-Covid)

Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at [email protected].

To all recruitment agencies: Invitation Homes does not accept agency resumes.  Please do not forward resumes to Invitation Homes employees.  Invitation Homes is not responsible for any fees related to unsolicited resumes.