Analyst, Underwriter

Posted:
11/5/2024, 4:00:00 PM

Location(s):
Texas, United States ⋅ Austin, Texas, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Finance & Banking

The Amherst Group's companies are comprised of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed.  Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors.  Today Amherst has over 1000 employees and $14.1 billion in assets under management.

Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S.  The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team.  In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending.  Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served.

The general role of the Analyst, Underwriter is to work within the Private Equity team to support real estate transactions with institutional capital partners, primarily comprised of (but not limited to) underwriting single-family rental (SFR) joint venture transactions. The Analyst’s responsibilities will span from initial business pitch to joint venture formation and beyond, with a focus on modeling complex SFR JV transactions with existing and prospective Amherst institutional partners. Producing materials and presenting key findings of this underwriting is critical. This role will be designated as a full time in office role based in our Austin, TX location.

Responsibilities:

  • Perform and provide expertise on all aspects of financial modeling, focusing on unleveraged, leveraged and structured analysis of institutional real estate.  Excel modeling expertise is a must
  • Specific focus (but not limited to ) financial valuation analysis of potential joint ventures of Amherst’s single family rental properties
  • Manage the overall investment process by assisting with due diligence (including Amherst platform diligence and real estate-specific diligence), macro and micro market research, and relative valuation analyses, among other key workstreams, in addition to working across teams to gather, synthesize and present relevant information
  • Research and evaluate economic, demographic, and real estate market data, especially single-family rental specific data
  • Produce presentation materials related to underwriting and diligence

Qualifications:

  • Less than 1 year of experience and Undergraduate degree by May 2025
  • Single-family Rental and / or Multi-family experience a plus
  • Strong analytical/quantitative and technical abilities, organizational skills, and attention to detail
  • Strong leadership, initiative, and interpersonal skills
  • Ability to manage multiple projects concurrently
  • High energy with an ability to work in a fast-paced environment
  • Proficiency in common Microsoft Applications (Office, Excel, Word, Powerpoint)

Our full-time employee benefits include:

  • A competitive compensation package, annual bonus, 401k match

  • Flexible PTO including 7 paid holidays, 1 floating holiday, and 1 volunteer day

  • Employer-paid benefits (medical, dental, vision, health savings account)

  • Professional career development and reimbursement

  • Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave

  • Backup childcare offered through Bright Horizons

Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.