Senior Analyst, CRE Underwriting

SitusAMC•New York, NY

1d•$110,000 - $120,000•Onsite

About The Position

The Senior Analyst Underwriting role will support the evaluation and management of a diverse portfolio of real estate debt and equity investments. This position works closely with the Torchlight Underwriting Group, which is responsible for underwriting and conducting due diligence on complex commercial real estate transactions, providing credit analysis and opinions on commercial mortgage-backed securities (CMBS), and supporting ongoing portfolio surveillance initiatives. In addition, the role will collaborate with the Trading team, which oversees the company’s public real estate debt investments across multiple asset classes, including office, retail, multifamily, hospitality, and industrial properties throughout the United States. The candidate will be responsible for delivering both quantitative and qualitative underwriting support across a range of investment activities, contributing to the evaluation, execution, and monitoring of debt and equity transactions.

Requirements

2–4 years of experience in commercial real estate, with exposure to one or more of the following: loan origination, underwriting, loan workouts, or debt/equity asset management
Bachelor’s degree in economics, finance, real estate, or a related field preferred
Strong interest in commercial real estate with solid understanding of debt structures and core financial concepts
Strong analytical and quantitative skills, with excellent organizational, interpersonal, and communication abilities
Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment
Maintain high standards of integrity and professionalism, with the ability to maintain confidentiality, adhere to company policies, and contribute to a collaborative, respectful, and team-oriented work environment
Proficiency in Microsoft Excel and Word
Authorized to work in the United States

Nice To Haves

experience with Argus is a plus

Responsibilities

Coordinate property-level diligence and complete underwriting models for CMBS and other commercial real estate financing transactions across multifamily, industrial, hospitality, retail, and office sectors
Support the development of strategies for both existing and prospective investments, including engaging with market participants, conducting borrower-, asset-, and market-level analyses, and building financial models across a range of scenarios
Monitor and perform ongoing surveillance of the firm’s public CMBS investment portfolio, including tracking performance, identifying credit risks, and providing updates on underlying collateral and market conditions
Partner with senior underwriters to perform due diligence on prospective investment opportunities across the capital stack including Senior Mortgages, Mezzanine Loans, B-Notes, Preferred Equity, JV Equity and NPLs
Support the investment process by preparing investment committee materials, including analysis of key terms, risks and mitigants, underwriting assumptions, cash flow projections, sponsor evaluations, and market dynamics
Contribute to ad hoc projects and initiatives that support the investment team’s research-driven approach