Are you looking for an opportunity to begin your career by learning from some of commercial real estate’s best and brightest?

Berkadia’s Rotational Analyst Program takes a dynamic approach to analyst onboarding and development across two of Berkadia’s three most critical platforms – mortgage banking, investment sales and underwriting. Over 12 months, you’ll partner with seasoned professionals, senior leadership and reliable mentors as you prepare to make an impact on the CRE industry. Be the Next Big Thing. Be Berkadia.

We are committed to growing your career, so in this role you will:

Berkadia’s Rotational Analyst Program is changing the way the industry trains and develops CRE analysts around the many facets of the production business. As a Rotational Analyst, you’ll engage in a comprehensive onboarding experience where analysts will be introduced to:

• Berkadia’s culture;
• Client-facing business segments;
• Supporting groups and technologies;
• Berkadia employees, ranging from analysts through members of executive leadership

Once onboarding is complete, you will return to your local offices and begin a series of two, 6-month rotations in two production business groups -- Investment Sales and Mortgage Banking. You’ll play a critical role in executing and supporting business for our multi-billion-dollar capital markets platforms. Along the way, you’ll receive mentorship and coaching from a program manager, rotation manager, and peer mentor.

The Program Rotations

While supporting Investment Sales, you will primarily assist Investment Sales Advisors with client and property financial analysis and with extracting/manipulating/preparing market data. Example tasks in Investment Sales include:

• Assisting Investment Sales Advisors in preparation of investment memorandums and valuations for review by senior executives;
• Gathering market research for managers to support procurement and analysis of market rents and expenses, comparable sales, market trends, etc.;
• Preparing financial analysis and projections for acquisition and disposition opportunities so that senior executives can evaluate the financial feasibility and viability of each project;
• Analyzing P&L statements and rent rolls.

While supporting Mortgage Banking, you will focus on reviewing and evaluating new loan opportunities and serve as a key point of contact for tracking the progress of those opportunities through the loan cycle. Example tasks in Mortgage Banking include:

• Reviewing Excel-based underwriting workbooks and narrative presentations;
• Reviewing, sizing and pricing transactions with the product originations team during the quote process;
• Drafting quotes to the business and credit teams;
• Adding quotes to internal tracking (CRM) system;
• Preparing loan applications.

Upon completing the 12-month rotational period, you will partner with local and program leadership to identify permanent placement into Investment Sales or Mortgage Banking as determined by career interest, performance, and office needs. 

Recruitment Process

• Applications for the 2025 Rotational Analyst Program will be open until September 27th.
• Interview process includes 3 phases: recruiter phone screen, verbal case study and local team assessment. 
• Applicants will only be eligible to final interview for one office location. (please have your office of preference ready at the time of your recruiter phone screen)
• Final decisions are projected for the week of November 18th, 2025. 
• Program commences July 2025 for hired candidates. 

Sponsorship 

Berkadia is not offering visa sponsorship for this position. 

We are passionate about your growth, so to achieve success in this role you should have: 

• Spring 2025 Bachelor’s or Master's degree graduate
• Proficiency in Microsoft Office including Outlook, Word, PowerPoint, and Excel;
• Strong organizational skills and ability to multitask in a fast-paced environment with competing priorities;
• Outstanding attention to detail;
• Ability to manage expectations, informing stakeholders of potential delays due to conflicting priorities;
• Can-do, proactive attitude that can mean making suggestions and giving options rather than waiting for answers;
• Able to communicate clearly both verbally and in writing with all levels of an organization;
• Dedicated to building a career in Commercial Real Estate. 

About Berkadia Mortgage LLC

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets. Our unique ownership structure allows us to put our clients’ interests first and create a marketplace that delivers a superior experience.

Connections working at Berkadia Mortgage LLC