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Type of Role: InvestmentsOperations

Experience Level: VP/Principal/Director

Location: Boston, Massachusetts, United States

Salary: $200k - $240k

MIT Investment Management Company (MITIMCo) is a department within MIT that currently manages over $30 billion in financial assets for the Institute’s endowment, retirement plan, and other capital pools. Our mission is to deliver outstanding long-term investment returns for MIT and our work directly furthers the transformative research and educational efforts of this world class institution. Details below.

Posting Description

ASSOCIATE DIRECTOR, REAL ESTATE INVESTMENTS, MIT Investment Management Company (MITIMCo) – Cambridge Real Estate (CRE) team, will report to the Head of Real Estate for this integrated investment, development, and asset management platform overseeing a $4 billion real estate portfolio including more than 1.5 million square feet of operating assets, a development pipeline exceeding 3 million square feet, and approximately 100 properties; lead asset-level investment analysis across the portfolio, including underwriting, forecasting, and performance evaluation; support asset strategy, capital allocation, and key investment decisions; and help modernize MITIMCo’s investment platform by developing an integrated underwriting and forecasting framework that enhances decision-making, risk management, and capital allocation.

 

Job Requirements

REQUIRED: Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field. PREFERRED: Advanced degree or professional designation; a minimum of five years of real estate experience in an investments or underwriting role or asset management with strong expertise in underwriting or financial analysis, preferably in an institutional platform; proven ability to build and manipulate complex financial models and scenario analyses for multiple property types (including development) across various investment structures; deep understanding of real estate fundamentals, value drivers, and investment frameworks; strong organizational skills with proven track record of creating or improving processes and standards, ideally utilizing technology or other proptech solutions; strong interpersonal skills and a collaborative, team-oriented approach; hands-on change management experience; advanced proficiency of Excel, PowerPoint, and Argus Enterprise; superior quantitative, analytical, and problem-solving skills with exceptional attention to detail; excellent written and verbal communication skills with the ability to clearly articulate complex concepts and manage competing priorities; high level of initiative with an entrepreneurial spirit, fiduciary mindset, and commitment to continuous learning; and ability to work from the Cambridge, MA office at least three days per week (Tuesday-Thursday), or as required by company policy.

7/14/2026


Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.