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Lambda

Site Selection Associate

Posted 3 Days Ago
Be an Early Applicant
Hybrid
San Francisco, CA, USA
154K-205K Annually
Mid level
Hybrid
San Francisco, CA, USA
154K-205K Annually
Mid level
Underwrite and model site investments for data center development and leasing; prepare executive reporting; support transactions (LOIs, PSAs, leases), diligence, and closings; define location strategy using power, demand, and competitive analysis; maintain market intelligence and comps to inform investment recommendations.
The summary above was generated by AI

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.

If you'd like to build the world's best AI cloud, join us.

*Note: Preference for those who can be in our San Francisco office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

What You’ll Do

  • Model the Business: Design, manage, and pressure-test complex financial models across the data center investment lifecycle — including lease, acquisitions and development

  • Own Leadership Reporting: Prepare and deliver materials for senior management and the Board.

  • Execute Transactions: Support negotiation of LOIs, PSAs, and lease agreements, and manage diligence and closing processes through to funding.

  • Shape Location Strategy: Help define which markets and submarkets to pursue based on power availability, customer demand, and competitive positioning.

  • Evaluate Opportunities: Underwrite individual sites and leases in partnership with the power, design, and construction teams, surfacing risks and recommendations.

  • Build Market Intelligence: Maintain database of land comps, transaction comps, competitor activity, and powered-land pipeline across target markets — and translate it into investment recommendations.

You

  • Background: 2+ years of experience in infrastructure or real estate investment- modeling deals, capital markets and both acquisition and lease transactions

  • Industry Familiarity: Have prior exposure to data center, industrial, or infrastructure asset Classes

  • Communication Skills: Can distill complicated financial analysis into clean, executive-ready decks — strong presentation and storytelling skills are essential.

Nice to Have

  • Experience at investment banking, real estate or data center development, commercial brokerage, or institutional investment platforms.

  • Working familiarity with utility interconnection processes, transmission constraints, and behind-the-meter generation

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

  • Founded in 2012, with 500+ employees, and growing fast

  • Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove

  • We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

  • Our values are publicly available: https://lambda.ai/careers

  • We offer generous cash & equity compensation

  • Health, dental, and vision coverage for you and your dependents

  • Wellness and commuter stipends for select roles

  • 401k Plan with 2% company match (USA employees)

  • Flexible paid time off plan that we all actually use

A Final Note:

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.

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