SitusAMC

AVP, Securitization

SitusAMC$100K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in a relevant field such as accounting, finance, real estate, or business.
  • 6+ years of industry experience, ideally with 1+ years at a Senior Associate level.
  • 2-5 years of CMBS securitization experience in sectors like banking or rating agencies.
  • Deep understanding of commercial real estate and due diligence processes.
  • Excellent Excel skills, especially in cash flow modeling.
  • Strong writing and communication abilities.

Responsibilities

  • Provide analytical support for underwriting and closing commercial real estate loans.
  • Review and analyze financial statements, rent rolls, and third-party reports.
  • Compile Excel data tapes with loan and property information.
  • Clear exception reports and update data based on client feedback.
  • Research and summarize tenant-level financial information.
  • Prepare market summaries using third-party documents.
  • Manage client interactions regarding securitization transactions.

Benefits

  • Participate in various benefit plans, including medical, dental, and vision insurance.
  • 401K plan with employer contribution options.
  • Paid time off and holidays.
  • Potential eligibility for discretionary bonuses.
Full Job Description
This role will provide support in the delivery of due diligence and real estate analysis for CMBS securitization transaction types, such as Conduit deals, Single Asset Single Borrower deals, and CRE CLO deals. This role could involve managing multiple transactions with multiple clients under tight timelines. Essential Job Functions: • Provide analytical support in the underwriting and closing of commercial real estate loans or securitizations on behalf of our clients  • Review, analyze and/or interpret financial operating statements, rent rolls, third party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other due diligence requirements  • Compiles excel data tapes by populating required fields, which will include (but are not limited to): loan terms, property data, third-party data, tenant information, and cash flows  • Clear exception reports and update data tapes based on exception listings sent by clients and/or accounting firms  • Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization  • Prepare market and property summary information using third party document reports, including Appraisals and CoStar reports.  • Populate Offering Document pool information for CMBS securitization deals  • Work with accountants in clearing exceptions in the excel accounting tape, Term Sheets, Offering Documents and Annex Footnotes  • Write property, market, borrower/sponsor descriptions, and third-party report summaries that will be included in credit memos and asset summary reports  • Prepare and tie out short-form Asset Summary Reports and final post-closing Asset Summary Reports and Underwriting Files  • Manage interactions and securitizations directly with clients  • Such other activities as may be assigned by your manager  Qualifications/ Requirements: • Bachelor’s degree in accounting, Finance, Real Estate, or Business/or the equivalent combination of education and experience  • Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent. • 2-5 years’ experience in CMBS Securitization in industry sectors, such as banking, rating agencies or accounting.  • Familiarity with commercial real estate, due diligence process, commercial lending policies, securitization and credit and risk management policies  • Full understanding of property sectors (office, retail, industrial, hotel, multifamily) and their different investment characteristics and an ability to see the "big picture" in commercial real estate and capital markets finance transactions  • Excellent Excel and cash flow modeling skills  • Strong business writing skills  • Strong communication skills  • Depending on deal flow, this position may require long work days and weekend work as needed 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 $100,000.00 - $120,000.00 Specific 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.

About SitusAMC

SitusAMC is a leading provider of consulting, outsourcing, and technology services to the real estate finance industry. The company has over 3,000 employees and serves more than 700 clients globally. SitusAMC offers a wide range of services, including loan servicing, asset management, valuation, due diligence, and advisory services. The company was formed in 2018 through the merger of Situs Group and American Mortgage Consultants. Situs Group was founded in 1985 and American Mortgage Consultants was founded in 1996. SitusAMC is headquartered in Dallas, Texas.
Learn more about SitusAMC
Size
3,000 employees
Industry

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