Senior Analyst, Real Estate Credit, Liberty Mutual Investments
Description
The Company:
Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty) andis responsible forpowering Libertys strategy amid profound change in global capital markets. With deep expertise in fixed income, equity, and alternative strategies,LMI invests $120+ billion (as of 12/31/2025) of capital globally,taking a long-term approach across its integrated platform and has a team of over 350 investment, finance, and operations professionals located in Boston, MA, and New York, NY.
LMI has a clear purpose: build enduring businesses side-by-side with our partners, drive economic growth, and generate superior risk-adjusted returns that power Libertys strategy and secure its promises.Weoffer the best of both worlds the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.
Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technologywith the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future.#LMI #LI-LMI
The Position:
We are seeking a Senior Analyst to join the Real Estate Credit investment team. In this role, you will support the sourcing, underwriting, execution, and monitoring of commercial real estate (CRE) credit investments, working closely with senior investment professionals on live transactions from initial screening through investment committee approval and ongoing portfolio management. You will gain broad exposure to deal work across property types, geographies, and structures.
This role offers the opportunity to invest long-term capital on behalf of a single client, giving the team the flexibility to evaluate opportunities on their merits and take a long-term view. As a Senior Analyst, you will take on meaningfuldeal responsibility early, own key parts of the underwriting process, and have direct visibility into how investment decisions are made.
Responsibilities:
- Build and maintain detailed cash flow models for CRE loans and underlying properties, including sensitivity and downside scenario analysis, to evaluate credit risk and relative value.
- Conduct property, market, and sponsor due diligence, including review of rent rolls, operating statements, appraisals, third-party reports, and market comparables.
- Prepare investment memoranda and presentations that clearly articulate the investment thesis, key risks and mitigants, and proposed structure.
- Support the structuring and negotiation of loan terms and documentation alongside senior team members, legal counsel, and internal partners.
- Track the performance of existing investments, monitor covenant compliance and market conditions, and proactively flag emerging risks to the team.
- Bachelor's degree in Finance, Economics, Real Estate, Accounting, or a related field; progress toward the CFA or a masters degree a plus.
- 2-4+ years of experience in real estate investment banking, or real estate private equity, with direct exposure to underwriting and transaction execution.
- Advanced Excel financial modeling skills
- Strong written and verbal communication skills; sound credit judgment and strong attention to detail; ability to manage multiple transactions simultaneously and work independently; demonstrated interest in real estate credit markets.
- Demonstratesstrong AI literacy and uses AI-enabled tools to enhance speed, accuracy, and insight generation whilemaintainingsound judgment and compliance with governance standards
At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impactforour business, our customers, and the communities we serve.
We value your hard work,integrityand commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:https://www.libertymutualgroup.com/about-lm/careers/benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discriminationon the basis ofrace, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal,stateor local law.
Fair Chance Notices
Pay Philosophy: Compensation offered is basedoffseveralfactors including skills, experience, education,certificationsand location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market andprovidesan opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factorsset forth inthe compensation plan for the role.