Spring11 - Underwriting Associate (Client Facing)

SPRING11:Spring11, an affiliate of Newmark provides a full suite of commercial real estate services to a wide range of clients including some of the world’s largest banks, debt and equity funds, REITs, life insurance companies, brokerages, and investors throughout the United States and Europe. Our team consists of over 600 employees based in New York, Atlanta, Houston, Boca Raton, Kansas City, and Chennai, India. JOB DESCRIPTION:This role will be dedicated to a leading global alternative investment manager.Our Client is a leading global alternative asset manager with $269 billion in assets under management. Spring11 is seeking an exceptional individual to join its team as an Associate in New York. The ideal candidate for the role has a bachelor’s degree in addition to 3+ years of experience preferably within a real estate lending platform, investment bank, institutional real estate fund, or an institutionally backed sponsor.The Associate will analyze and support all aspects of the platform, including origination, underwriting, and asset management. Based at the Company’s Headquarters in Midtown Manhattan, specific responsibilities will include the following:SKILLS, EDUCATION AND EXPERIENCE:Bachelor's degree required with a concentration in real estate, finance, business, accounting, or related field.3+ years of relevant professional experience within a real estate lending platform, investment bank, institutional real estate fund, or an institutionally backed sponsor.Outstanding proficiency in creating complex financial models for real estate financial analysis using Excel, including knowledge of advanced Excel functions. ARGUS proficiency is preferred, but not required.Strong analytical, quantitative, and communication skills. Must be able to demonstrate strong understanding of financial statements, use of comparative data and financial forecasting.Ability to work in a challenging, fast paced environment and handle multiple projects at the same time. Accuracy and attention to detail is critical.Willing to question assumptions and demonstrates a passion for continuing education.Must work well as part of a team and take ownership in projects.SALARY:$90,000-$125,000 annuallyThe expected base salary for this position ranges from $90,000-$125,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to the base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).WORKING CONDITIONS: Normal working conditions with the absence of disagreeable elements.NOTE: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.ESSENTIAL DUTIES:Analyze potential opportunities to determine investment potential.Produce detailed financial models using Excel and ARGUS. Conduct due diligence through site visits and studying development budgets, sponsor/guarantor credit profiles, KYC reports, property valuations, market information, third party reports and financial statements.Prepare investment committee packages and assist in the presentation of transactions to investment committee.Support the management of the deal pipeline.Research and analyze markets and submarkets to ascertain underwriting assumptions and comparable data.Assist management in continuous monitoring of overall portfolio and credit risk.Develop and maintain relationships with mortgage bankers, real estate brokers, developers and investors.Full timePosting Date: 2026-03-16