Rate Table Trader at Better.com

| Greater NYC Area
Sorry, this job was removed at 12:29 p.m. (EST) on Wednesday, February 19, 2020
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Rate Table Trader

About Better.com:

We’re one of the fastest growing homeownership companies in America. Why? Because we’re making homeownership simpler, faster — and most importantly, more accessible for all Americans.

By combining smarter technology with a desire to not just change one piece of the journey but the entire makeup of what it’s like to buy and own a home in this country, we’re building things that don’t exist yet. 

Better.com by the numbers: 

  • We fund $600 million in home loans per month
  • Nearly $5 billion in loans funded since our inception in 2016
  • 2 years running, we’re one of Crain’s “Best Places to work”
  • We’re #11 on Fortune’s Best Places to Work in NYC
  • And #964 on Inc.’s 2019 “5000 Fastest-Growing Companies” 
  • We’ve secured over $254 million from our investors to date 
  • ...and counting

We continue to outpace the industry at every turn. We’ve recently joined forces in partnership with Ally Bank. Plus, our backers have helped build some of the most transformative tech and finance companies in history. Kleiner Perkins, Goldman Sachs, IA Ventures, American Express, Citigroup, Activant Capital, and others have all invested in our vision of redefining the entire homebuying journey.

A Better opportunity:

We’re searching for an Analyst to join our Acquisitions team, focused specifically on one of our key acquisition channels: rate tables.  We have strong capital markets and tech advantages, and are working on evolving our digital product and customer experiences. To drive our goals of capturing massive market share, our acquisition team is responsible for negotiating and managing our media spend with hawkish attention to performance. We call this role a trader because media dollars and time spent negotiating are your investments, your bids are the rates we offer, and our loan revenues are your returns.  

You are obsessive about performance, evaluating performance using data, and passionate about getting things done in concert with other groups, including data, creative, finance, and strategy.  You view demand aggregators such as price comparison websites (“rate tables”) as investment opportunities to be valued, leveraged and used to form an optimal portfolio of customer acquisition. You get that Better.com is the best solution for the end customer and you will fight with every tool you have to win for us and them.  

Together, we can shape the future of homeownership in America. It will be a fierce battle, but it will be rewarding.

Responsibilities will include:

  • Analyze performance data at the loan- and scenario- level to identify optimizations
  • Execute trades through pricing engines
  • Suggest or make real-time adjustments to bids and loan pricing to optimize volume and ROI 
  • Monitor lead quality and conversion to funded units - build out and maintain internal performance dashboards
  • Help in testing and evaluating the integrity of competitive environments on rate tables
  • Field requests from internal and external stakeholders
  • Partner with Better product, engineering, and data science teams to scope out and implement near and long-term opportunities for further automation

About you: 

You want to win. You are someone who loves finding opportunities that others miss. You can separate the signal from the noise, and approach things with a fresh perspective and an open mind.  You won't stop until you find a Better way. 

  • 1+ years in trading or finance roles that required constant evaluation of new opportunities, with a desire to apply your skills to a new marketplace
  • Strong analytical foundation - SQL or coding skills that allow you to get your hands dirty and use data to drive trades and PnL
  • Strong intellectual curiosity
  • Detail oriented 
  • Comfortable in a fast-paced environment where business needs change
  • Team player
  • Good written and verbal communication skills

Bonus points for:

  • Experience in mortgages or leads-buying
  • Experience in fintech or other (regulated) environments
Read Full Job Description

Location

Across the street from the tallest building in the western hemisphere.

An Insider's view of Better.com

How would you describe the company’s work-life balance?

It's not a secret that at a successful start-up, you have to work hard. That's why we have a very liberal work-from-home and unlimited PTO policy at Better. We know that people perform their best when they're happy and healthy, and emphasize that your individual needs being met are what helps meet the needs of our customers.

David

Sales

What does your typical day look like?

First, I glance at emails and my calendar. Then, I put in my free Seamless order (lunch and dinner is covered). I then use the first few hours of my day for deep thinking and problem solving where I sit with my notebook to brainstorm and sketch out ideas and initiatives. After lunch is when I have all of my meetings with teams in the US and India.

Jillian

Collateral

How has your career grown since starting at the company?

I started as an Office Manager from Undergrad. A year later, I became a Customer Experience Associate for our Mortgage Operations team, and 3 months after that, I managed a team of 10 associates. Two years later, I found myself as a Customer Experience Strategist. I've had the opportunity to grow tremendously within and outside of my roles.

Kristin

Customer Experience Strategist

What are Better.com Perks + Benefits

Better.com Benefits Overview

Life/work, not work/life- All work and no play is a recipe for a breakdown. So we give our team members unlimited time off.

Community Feels- Happy hours, birthday parties, book clubs, and more. We believe in building a community, not just a company.

Tools of the Trade- From cozy couches to new computers, Better provides whatever you need to help us succeed.

Full Health Bars- We take care of our own. Better offers fully funded health, dental, and vision benefits, as well as a 401k plan and up to 20 weeks paid parental leave.

Food For Days- Hungry employees aren’t happy employees. That’s why Better team members get free lunch, dinner, and snacks. Every. Single. Day.

Competitive Compensation- Cash and equity. If you care about that sort of thing. Which we do.

Culture
Friends outside of work
Eat lunch together
Open door policy
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Stocked Kitchen
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
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