IB Analyst - Real Estate

Stifel; St. Louis (MO); On-site; USD 70,000 - 100,000; Full time

Job summary

Stifel's Real Estate Investment Banking Group is seeking an Analyst to support research, modeling, and transaction execution. You will draft offerings, prepare client materials, and collaborate with clients to execute equity/debt financings and M&A. Travel up to 10% may be required as part of role.

The position requires a finance/real estate background, strong analytical skills, and the ability to manage multiple projects with professionalism and integrity.

Qualifications

• Bachelor's degree in Finance or Real Estate or related field.
• 0–2 years as a business analyst or related financial services experience.
• Recent (2026) graduates also considered for eligible roles.
• Interest in real estate capital markets and investment banking.

Responsibilities

• Conduct real estate research including REIT/REOC analysis.
• Build financial models for projections and transactions (NAV/FFO/AFFO).
• Draft offering memorandums for various financings.
• Prepare client presentation materials for management teams.
• Support execution of equity and debt, private placements, and M&A.

Skills

Investment Banking Knowledge

Analytical Skills

Time Management

Professionalism

Communication Skills

Education

Bachelor's in Finance

Bachelor's in Real Estate

Tools

S&P Capital IQ

FactSet

Bloomberg

CoStar

ARGUS

Job description

Why Stifel

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.

Let’s talk about how you can find your place here at Stifel,where success meets success.

What You'll Be Doing

Under general supervision, the Investment Banking Analyst supports Stifel’s Real Estate Investment Banking Group, which provides advisory and capital-raising services to Real Estate Investment Trusts (REITs) and Real Estate Operating Companies (REOCs). The Analyst is responsible for conducting industry and property-sector research, building models to analyze company projections and/or potential transactions, drafting offering memorandums for public or private financings, drafting client presentation materials, and working with clients to execute financing or merger transactions.

What We're Looking For

• Conduct real estate industry and property-sector research, including REIT and REOC comparable company, market, and asset-level analysis.
• Build financial models to analyze company projections or potential transactions, including NAV, FFO/AFFO, and property-level cash flow analyses.
• Draft offering memorandums for public or private financings, including common stock, preferred stock, convertible and hybrid securities, and debt securities.
• Prepare client presentation materials for management teams and Boards of Directors.
• Work with clients to execute equity and debt capital markets, private placement, joint venture, and merger transactions.
• Some travel by car and/or in conjunction with local, regional and/or national travel, up to 10%.

What You'll Bring

• Investment Banking Knowledge - Experience with financial modeling and analysis with significant exposure to finance and accounting; demonstrated interest in real estate, REITs, or real estate capital markets.
• Analytical Skills - Strong analytical and quantitative skills. Knowledge of the financial markets, the real estate industry, the analysis and reporting of financial data, and associated terminology.
• Time Management - Highly-motivated and energetic while managing one's time, and effectively managing multiple projects and deadlines to ensure the timely completion of all items.
• Personal Characteristics - Demonstrates professionalism, superior attention to detail, integrity, maturity, intellectual curiosity, initiative and good judgment; takes pride of ownership for wins and accountability for losses/mistakes with the ability to work in teams.
• Communication Skills - Excellent conceptualization, presentation and communication skills to effectively execute change.

Education & Experience

• Minimum Required: Bachelor's degree in Finance, Real Estate, or related field
• Minimum Required: 0-2 years as a business analyst, or related experience in financial services. Recent (2026) graduates and candidates with 1-2 years of investment banking, real estate, or corporate finance experience will both be considered.

Licenses & Credentials

• Minimum Required: None

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook
• Preferred: Familiarity with S&P Capital IQ, FactSet, or Bloomberg, and with real estate data and valuation tools (e.g., CoStar, ARGUS)

About Stifel

At its core, the Stifel story is a journey of growth and optimism for the future. In our more than 125-year history, Stifel has evolved from a St. Louis-based brokerage house and is now a full-service investment bank, offering securities brokerage, trading, research, underwriting and corporate advisory services globally. Our expertise spans sectors and products in both public and private markets. We are driven by relationships, not transactions, and are committed to earning long-term trust from our clients.

Our investment banking division provides a broad range of industry-leading services to its clients, including merger and acquisition advisory services, debt and equity financings, balance sheet restructuring, and mutual thrift & insurance company conversions. The combination of a full-service product offering and more than 600 bankers’ deep domain and product expertise allows us to provide solutions that meet the evolving needs of our clients.

Stifel’s success is rooted in the power of our people and platform. We provide our employees an entrepreneurial environment that rewards collaboration and hard work. We are looking to engage with and hire talented candidates from all backgrounds – specifically, those who have the desire to expand their skills and realize ambitious goals. We are committed to a workplace that reflects the clients we serve and the communities where we live and work.