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Developer – SFR Quantitative Strategies

Progress Residential

This is a Full-time position in Charlotte, NC posted October 25, 2021.

Position Summary:The Developer, SFR Quantitative Strategies will be part of a team that is supporting and developing applications that are advancing the Single-Family Rental industry.Progress Residential was formed and is owned by Pretium Partners, LLC.

Pretium, founded in 2012, is a leading alternative investment management firm with assets under management of approximately $13 billion.

The team works closely with Pretium’s investment committee to construct a portfolio management strategy for acquiring, rehabilitating and disposing of properties, and then develops applications that Progress Residential utilizes to execute the investment strategy.

The team has taken concepts from algorithmic trading and applied those theories to investing in real estate.Progress Residential® is one of the largest providers of high-quality, single-family rental homes in the United States.

With over 40,000 homes in nineteen of the country’s fastest-growing markets, our residents appreciate the flexibility, freedom, and convenience of living in a single-family home without the obligations of home ownership.

Progress is committed to making the home rental process easy and enjoyable for the 100,000 residents we serve by empowering our team members and investing in innovative systems and technology.

Over the past three years our portfolio has doubled in size and we see increasing demand for professionally managed single-family rental homes and anticipate continued growth.What we do:Development of applications to support the acquisition, leasing and management of homesWe primarily develop apps in Java/Spring/Hibernate/VaadinA sprinkling of Javascript, .Net and PythonWe deploy to AWS and AzureWe work with data sets in Sql Server, MongoDB, S3 and SnowflakeWe evaluate and use the latest technologies that help us perform the financial engineering, geospatial analysis and data science necessary to manage over $10bn of assets, and acquire thousands of homes each yearIf you’re interested in modeling billion dollar securitizations, building Google maps applications, developing integrations with multiple real estate startups, or analyzing years of performance data to identify trends and optimizations, come talk to us.Qualifications:Undergraduate degree in a numerate subject preferredMinimum 2 years of relevant experienceExperience with databases and OO programmingStrong communication—speak, write and present clearly and professionally, present data effectivelyInitiative -take ownership and accountability, seek out and/or accept additional responsibilities, able to work towards goals independently with little need for supervisionInterpersonal Skills & Teamwork—a collaborative team player who is highly professional, respectful and honest, open to ideas and willing to try new things and roll up their sleeves with the team to do what it takes to get the job done well.Results Oriented
– understand and analyze problems, apply critical thinking to ensure accuracy of solutionsWhat you can expect from us:Progress Residential® offers all the financial and non-financial incentives you would expect from an innovative real estate investment and management firm:In addition to outstanding training, we host quarterly summits and town hall meetings to encourage growth, knowledge sharing and a good time.

After all, it’s about progress, not perfection.

We offer competitive compensation, including a performance-based bonus.Our generous benefits package includes comprehensive healthcare coverage for you and your family, parental leave, paid time off, 9 paid holidays and much more.Closing Statement:This brief summary is not an all-inclusive description of job duties.

Other job duties and responsibilities may also be assigned by the incumbent’s supervisor at any time based upon Company need.Progress Residential is a proud Equal Opportunity employer, m/f/d/v.