Location: Cleveland, OH (preferred) or opportunities in New York, NY
Position Type: Full-time, On-site
Travel Required: Some travel required (25%)

Citymark Capital is seeking an Associate with a minimum of three years of experience in financial modeling and underwriting of real estate investments and credit. This role is preferably based in our Cleveland, OH office. However, we are also open to candidates located in New York, NY, depending on experience and team needs.

The Associate will assist the team with all aspects of the investment process, including sourcing new opportunities, generating market research, leading due diligence review, underwriting, cash flow modeling, and creating investment memoranda. This position presents an exciting opportunity for a high-energy individual to contribute value to a collaborative and dynamic team at an established real estate private equity platform that is experiencing rapid growth. The ideal candidate will be detail-oriented, self-motivated, technologically fluent, and will represent Citymark with dependable professionalism.

Responsibilities include, but are not limited to:
– Conduct in-depth financial analysis of investment opportunities using Excel models
– Develop financial models, underwriting templates, investment and screening reports, and scenario sensitivity analyses
– Perform research and analyze demographic, economic, geographic, market, and property data and trends
– Author and deliver investment memoranda to Citymark’s Investment Committee based on thorough market research and deal underwriting
– Manage all aspects of the investment due diligence process, including coordinating research and working directly with prospective partners, lenders, and third-party vendors
– Leverage relationships with sponsors, intermediaries, and lenders to generate deal flow
– Assist with the training and development of analysts
– Collaborate with teammates to help build the business in an energizing and dynamic environment
– Assist other team members as necessary, including the preparation of various ad-hoc analyses

Experience and Qualifications
Citymark seeks to hire highly ambitious individuals with strong self-management and problem-solving skills who can work both independently and in a team environment. Members of the Citymark team are expected to consistently demonstrate impeccable professionalism, sound judgment, integrity, and confidentiality.

The successful candidate should have:
– Bachelor’s degree in Business Administration, Economics, Finance, Real Estate, Mathematics, or a closely related field
– MBA or similar graduate degree preferred, but not required
– Minimum of three years of experience with knowledge of the whole capital stack
– Highly advanced Excel modeling skills
– Excellent analytical and quantitative skills combined with the ability to articulate findings clearly
– In-depth real estate and investment underwriting skills and the ability to make investment recommendations based on market research and deal analysis
– Strong oral and written communication skills
– Self-discipline and the ability to manage multiple priorities simultaneously under tight deadlines
– Detail-oriented, balanced with the ability to understand overarching strategic priorities

Compensation and Benefits
– Competitive salary, commensurate with experience
– Potential for additional performance-based incentives and equity compensation
– 401(k) with company match
– Comprehensive medical, dental, and vision benefits
– Three weeks of paid time off (PTO) per annum
– Group Life Insurance
– AD&D Insurance
– Short- and long-term Disability

How to Apply
To submit your application, please email your resume to hiringmanager@citymarkcapital.com.

Citymark Capital is an equal opportunity and affirmative action employer. All qualified candidates will be considered for employment without regard to race, color, religion, gender, age, disability, sexual orientation, national origin, veteran status, or any other category protected by law. Citymark Capital is a drug and tobacco-free workplace.