Senior Analyst (underwriting – Real Estate Investments)

Johannesburg, Gauteng, South Africa

Job Description

Job Title: Investor Relations Associate Location: Remote
Work hours: Full-time, Remote (U.S. preferred; Pacific/Mountain Time overlap required)
Position Summary
Our U.S. client is a mission-driven real estate investment and development company focused on affordable-by-design housing in high-demand neighborhoods.
Currently raising and deploying capital across multiple strategies--and need a highly capable, investment-minded Senior Analyst to drive the underwriting engine behind our growth.
THE ROLE: SENIOR ANALYST (UNDERWRITING) As Senior Analyst, you will be responsible for leading the financial modeling, deal underwriting, and investment analysis for new acquisitions and development projects. You will work closely with the Founder on sourcing, evaluating, and capitalizing deals, and play a key role in investor presentations, IC memos, and transaction execution.
This is a hands-on role for a sharp, detail-oriented thinker who understands real estate economics, capital structures, and market dynamics. You'll be expected to juggle multiple deals, think creatively about adaptive reuse, and apply conservative underwriting assumptions in high-volatility markets.
Acquisition Underwriting o Build and maintain detailed financial models (multi-scenario, dynamic, investor-facing)

  • Underwrite acquisition, renovation, lease-up, and disposition strategies
  • Model debt scenarios (construction, bridge, perm, agency) and equity waterfalls
  • Run DSCR, IRR, equity multiple, sensitivity, and breakeven analyses
Market Research & Comps o Research submarket trends, comps (rents/sales/land), demographic shifts, and policy overlays
  • Summarize findings into high-level memos and deal packages
Due Diligence & Transaction Support o Support LOI, PSA, and closing processes with underwriting, document review, and data analysis
  • Coordinate with brokers, lenders, attorneys, and third-party consultants
  • Review environmental, title, and zoning reports for deal-critical items
Capital Raising Support o Help prepare pitch decks, data rooms, and investor memos
  • Respond to investor questions related to underwriting assumptions or project returns
  • Maintain internal databases of historical and pipeline deal metrics
QUALIFICATIONS o 5-7+ years of real estate finance experience (development, acquisitions, underwriting, or private equity)
  • Advanced modeling skills in Excel or Google Sheets (you will be tested)
  • Proven experience underwriting value-add, adaptive reuse, or infill housing deals
  • Deep understanding of capital stacks, waterfalls, IRR modeling, and return metrics
  • Ability to interpret deal docs, leases, zoning reports, and lender term sheets
  • Strong written and verbal communication; able to distill insights clearly and concisely
  • Comfortable working in a lean, entrepreneurial environment
  • Mission alignment with focus on affordability, sustainability, and neighborhood revitalization

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Job Detail

  • Job Id
    JD1473670
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned