Fund Strategy Analyst

About Flock

There are 17 million Americans who own rental property. Most don't want to be landlords anymore, but selling isn’t a good option. Flock is here to help. Flock’s mission is to provide every retiring landlord with the most cost-efficient and seamless exit.

Our first product is a tech-enabled 721 Exchange for Single Family Rental landlords. Owners contribute properties into our professionally managed Fund, in exchange for passive equity ownership. It's a modern UPREIT model designed for sophisticated owners who want access to continued cashflows, liquidity, and diversification without triggering capital gains, disturbing tenants, or dealing with disposition friction.

We’re now growing fast into the commercial and multifamily space and are looking for smart, entrepreneurial hustlers who want to help build something category-defining. We recently raised our Series B, led by Renegade Partners, and are also backed by other top tier investors, including Andreessen Horowitz, Primary Ventures, SUSA Ventures, 1Sharpe Ventures, and leaders from Invitation Homes and Opendoor.

About the Role

Flock is building a new kind of real estate fund: a diversified, beta-to-US-housing portfolio assembled one landlord at a time through §721 exchanges. That structure raises analytical questions most finance professionals never get to work on: how to measure performance across a portfolio that's constantly onboarding new assets, when to rotate market exposure, and what Flock's structural and operational benefits are worth in dollars against selling, a 1031 exchange, a DST or hiring a property manager.

You'll make that case to landlords, advisors and platforms who allocate at scale. You'll report directly to our Chief Business Officer and start as the person who owns the numbers. Every diligence question, model and analysis that goes in front of investors and wealth platforms runs through you.

As you prove out, the role grows into crafting the Fund's financial story: how we explain performance, strategy and structure to the platforms and investors that decide whether to allocate.

Responsibilities:

• Own diligence for wealth platforms and RIAs evaluating the Fund: NAV methodology, distribution coverage, leverage, fees and portfolio composition, answered fast and right.
• Build the analysis that compares Flock's structural and operational benefits to the alternatives a landlord or advisor is weighing (selling outright, a 1031 exchange, a DST, hiring a property manager) and translates the differences into dollars, tax impact included.
• Build and maintain the Fund's core analytics: stabilized vs. unstabilized performance, same-store NOI, return attribution, and the metrics we report to investors.
• Model how the Fund performs across scenarios such as rent growth, home price appreciation, rates and leverage.
• Turn the analysis into the story: investor letters, platform diligence materials, performance commentary and the numbers behind how Flock explains itself to the market.
• Build the tooling, from cleaner models and repeatable diligence answers to analyses that scale as the Fund grows.

Why This Seat

• You'll learn real estate, fund strategy and capital formation at the same time, a combination most people take a decade to build.
• You'll sit next to the decisions, not three layers below them.
• Scope grows as fast as you earn it; the path into owning the Fund's narrative is real and explicit.
• Equity in a category-defining company backed by Andreessen Horowitz, Renegade Partners and Primary Venture Partners.

About You

• 1–3 years in investment banking, private equity, a real estate or credit fund, or a valuation or corporate development team where you built three-statement, DCF or returns models that senior people relied on to make decisions.
• Expert-level Excel and financial modeling.
• Exposure to capital markets or transactions.
• Clear technical writing.
• Ownership.
• Grit.
• Problem Solver.
• Ethical.

Details

Location: New York, NY (Flatiron District) Compensation: $100–115k base salary, plus equity, and benefits (medical/dental/vision insurance, 401k and unlimited PTO). This is a full-time, in-person role, five days per week from our Flatiron office.