Qualifications
Responsibilities
Benefits
Essential Job Functions:
Day to day management of assigned loans, including communication with borrowers and lenders/investors
Processing of borrower requests and consents
Analyze property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a quarterly asset report (QAR)
When applicable, correspond with sponsors/borrowers for updates on any property-level concerns, including capital expenditure projects, leasing progress, construction status and overall performance
Prepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the week
Monitor and report loan specific events and triggers
Review and process construction draws
Such other activities as may be assigned by your manager
Qualifications/ Requirements:
Bachelor’s degree; preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience strongly preferred
Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent
Experience in commercial real estate and debt or equity asset management preferred
Proficiency with major property types (office, industrial, retail, multifamily)
Basic knowledge of specialty property types (hotels and condominiums)
Proficiency with advanced CRE principles including underwriting, loan servicing and treasury practices
Proficient with common CRE calculations and concepts: IRR’s, NPV, DSCR’s, DY, NOI/NCF
Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO’s/CDO’s)
Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse and repo lines)
Ability to create complex financial models in Excel or similar programs
Ability to make sound decisions and work independently on projects
Ability to work in fast-paced environment running multiple tasks under tight deadlines
Excellent reading and comprehension skills
Ability to communicate effectively both written and verbal
Strong organizational and time management skills
Advanced knowledge of MS office suite including outlook, excel, power point and word
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Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
The annual full time base salary range for this role is
$95,000.00 - $130,000.00Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.
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