Senior Commercial Real Estate (CRE) Underwriting Analyst

Location: Remote, open worldwide
Compensation: Approximately $4,000 USD per month
Industry: Real Estate / PropTech / AI-Driven Commercial Real Estate
Schedule: Full-time, 50 hours per week, working 9:00 AM to 7:00 PM Eastern Time

About the Company

Our client is an innovative real estate technology company transforming the commercial property industry through AI-powered tools that streamline underwriting, valuation, and investment analysis. Their platform enables brokers, investors, and lenders to move faster and make smarter decisions by combining institutional-grade financial analysis with modern technology.

As our client expands beyond marketing materials into full underwriting support, they are building a best-in-class analyst team capable of producing high-quality financial models, valuations, and investment analyses at scale. The environment is fast-growing and offers meaningful responsibility and long-term advancement opportunities.

Role Overview

Our client is hiring a Senior Commercial Real Estate Underwriting Analyst to support U.S. commercial real estate transactions by producing accurate, investor-ready financial models, valuations, and underwriting analyses across multiple property types.

This role is suited for someone with hands-on experience underwriting U.S. commercial real estate deals in brokerage, investment, or lending environments. You will work closely with internal leadership and client-facing teams to inform pricing, deal strategy, and capital decisions. While primarily analytical, the role requires collaboration with presentation and product teams to ensure underwriting outputs integrate cleanly into client deliverables and the broader platform.

Key Responsibilities

Build, review, and maintain Excel-based financial models for commercial real estate assets, including stabilized and value-add scenarios
Perform full underwriting analyses including cash flow modeling, IRR calculations, equity multiples, sensitivity analyses, and exit assumptions
Analyze rent rolls, operating statements, trailing twelve-month financials, and market data to support valuations and pricing recommendations
Develop valuations using income approach, sales comparables, and market-supported assumptions
Translate underwriting outputs into client-facing deliverables and platform-ready formats
Leverage internal tools and AI-assisted workflows to increase modeling speed while maintaining institutional-quality standards
Identify errors, risks, and unrealistic assumptions and proactively flag issues
Continuously improve underwriting templates, assumptions frameworks, and internal best practices aligned with U.S. CRE standards

Hard Skills

Advanced Excel proficiency, including building underwriting models from scratch
Strong understanding of U.S. commercial real estate concepts such as NOI, cap rates, exit modeling, and cash flow waterfalls
Experience analyzing rent rolls, T-12s, and operating statements
Valuation experience using income-based and comparable sales methodologies
Familiarity with underwriting processes used by U.S. brokerages, investment managers, and lenders

Soft Skills

High attention to detail with the ability to work efficiently under time constraints
Strong analytical judgment and ability to independently evaluate deal assumptions
Clear, professional communication skills suitable for client-facing environments
Ability to work quickly without sacrificing accuracy
Collaborative mindset when working with cross-functional teams

About the Candidate

2 to 5 years of experience in commercial real estate underwriting, financial analysis, investment sales, lending, or principal-side roles
Prior work experience at a U.S.-based company required
Experience working with U.S.-focused real estate firms, brokerages, investment managers, or lenders
Exposure to underwriting one or more asset classes including multifamily, office, retail, industrial, or mixed-use
Comfortable working U.S. business hours from 9:00 AM to 7:00 PM Eastern Time
Excellent English proficiency with little to no accent, client-ready verbal and written communication required
Exposure to automation, AI tools, or PropTech platforms is a plus
Background in investment banking, private equity real estate, or institutional brokerage underwriting teams is a plus

Why This Role Matters

This role is central to our client’s expansion into full-service underwriting support. The Senior CRE Underwriting Analyst will directly impact deal quality, pricing accuracy, and client confidence by delivering consistent, investor-grade analyses. As the underwriting function scales, this role will help define standards, workflows, and best practices for future hires.

Snr CRE Underwriting Analyst - 53500479109