The Company

Perch is transforming the way people buy and sell their homes. Simplifying it all, to the way it should have always been; fair and true to market, straightforward, easy.  

Every year in the U.S., $1.8 trillion of single family residences transact, generating over $80 billion of brokers fees in a process that has changed little in decades. For the average American, the home purchase and sale process takes months, creates anxiety and is filled with uncertainty and hassle. 

Perch offers a modern alternative, making one of life's biggest decisions -- the sale and purchase of a home --less intimidating.  

Perch is headquartered in New York City and has 30 employees. We have raised $54 million in financing from top tier investors including: Firstmark, Accomplice and Juxtapose.

The Vision

Perch has developed a home selling experience that brings control and convenience to homeowners. By harnessing the power of data science, technology, and human-centered design, we’ve developed a seller experience that delivers a market price offer for your home in 24 hours with the ability to close at a time of your choosing. No home showings, no repairs to do, no contingent offers, no fear of the offer falling through before closing. It’s the way a home sale always should have worked.  For home buyers, we’re pioneering a new category of homes: Certified Pre-Owned. We renovate the homes we purchase to make them move-in ready and offer a warranty. Buyers can close in a matter of days all online – no paperwork. 

The Role & Responsibilities

The Director of Investments will be a critical member of the Perch team, located in New York City and reporting to [Head of Finance and Real Estate].  

As the Director of Investments, you will:

• Be responsible for building and scaling Perch’s home underwriting processes.  Underwriting is a critical driver of Perch’s growth and success by ensuring that we are purchasing and selling every home at a fair and reasonable price. Our underwriting and valuation system is core to our brand, customer experience, and business sustainability. You will be responsible for deploying hundreds of millions in capital per year spread over thousands of investment decisions.
• Work closely with our data science / machine learning team to develop, refine and scale our underwriting and valuation strategy, processes, and tools.
• Work closely with “field underwriters” / investment associates who are touring prospective home purchases.
• Build and lead a rapidly growing team of underwriting analysts.
• Collaborate with data science, customer experience / marketing, field operations, corporate operations, FP&A, and other teams at Perch to help build and refine overall business processes, drive growth and profitability.
• Partner with the Head of Finance Real Estate to ensure all underwriting and valuation KPI targets are met on a consistent basis.  You will monitor company-wide and market-level KPIs/metrics on a regular basis and develop initiatives to optimize our pricing accuracy.
• Be a champion for Perch throughout the housing industry!

 Required Experience

• 5+ years prior experience in an investment, asset pricing, asset management, or risk management role.
• General experience in real estate, either residential or commercial, in a quantitatively-oriented management role.
• Experience leading a team, particularly in geographically disparate locations. 
• Proven track record of success in goal achievement.
• Experience using software to manage operations.
• Bachelor’s Degree.

Bonus Experience (Preferred, but not Required)

• Experience partnering with technology teams to build scalable systems and product.
• Specific experience in single family real estate investment analysis and comparative market analysis research (e.g. experience with real estate brokerage, SFR investing/operations, or homebuilding).
• Background in real estate economics / macroeconomics.
• MBA degree.

 Personal Characteristics

• Superior analytical skills and attention to detail with an extremely data-driven mentality.
• Results orientation with a strong work ethic. Must be tenacious, with the emotional intelligence to know when to push harder and when to look for alternative approaches.  Solutions-focused mindset.
• A strong multi-tasker with the ability to prioritize work based on business and operational needs.
• Quantitative, systems-oriented thinker.
• Strong leader with track record of inspiring and motivating teams.  Highly effective at building collaborative relationships across our entire organization. 
• An entrepreneurial mindset.  Sees ambiguity as opportunity, and obstacles as chances to build new solutions.
• High energy and action-oriented with a history of getting things done in complex, fast moving environments.   Successful in scrappy and entrepreneurial environments, with a drive to get things done. 
• Track record of good business judgment with maturity, diplomacy, and communication skills (both written and verbal). 
• Strong and structured communicator well versed in clearly communicating complex concepts to various stakeholders.
• People describe you as: Passionate, a leader, a strong communicator, and someone that “gets things done.”