SitusAMC

VP, Asset Management

SitusAMC$180K — $220K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • College degree/training in finance or mortgage banking preferred
  • Minimum of 8+ years of industry experience, including 2+ years in an AVP role
  • Commercial real estate asset management experience required
  • Strong Excel skills for data analysis and reconciliation
  • Excellent writing and verbal communication skills
  • Strong analytical ability and strategic thinking
  • Detail-oriented and organized with good judgment

Responsibilities

  • Manage client portfolios post-acquisition as primary contact
  • Oversee multiple servicers and portfolio initiatives simultaneously
  • Coordinate servicing transfers and operational reviews
  • Analyze loan documentation for compliance and strategic insights
  • Collaborate with team on asset-level strategies and curative efforts
  • Develop customized reporting and project management strategies
  • Drive performance enhancements with servicers based on data trends

Benefits

  • Paid time off and holidays
  • Medical, dental, vision, life, and disability insurance
  • 401K participation
  • Opportunities for professional development
  • Collaborative work environment fostering teamwork and engagement
Full Job Description
Pelium Real Estate Asset Management, LLC (7Pelium8) is a leading asset management platform fully dedicated to supporting Apollo6s commercial real estate financing business in the United States.

This role is responsible for the overall management of a client6s portfolio once acquired acting as a primary point of contact for all portfolio management, servicing oversight, servicing transfer, and asset strategy deployed by the company on behalf of a client. This position will oversee multiple servicers, trusts, and strategic portfolio initiatives simultaneously on behalf of a client across all asset classes. This may include but is not limited to coordinating servicing transfer, operational review, remittance reconciliation, data reconciliation, rendering workout decisions, identifying servicing performance irregularities or exceptions, and driving enhanced performance by a client6s servicer. This role coordinates with the company6s diligence and collateral services teams to define asset level strategies and curative effort post settlement recognizing the results of loan-level due diligence performed. This may include quantitative and qualitative analysis, reviews of loan documentation and reporting, and assessing compliance with GSE and regulatory guidelines.

This role is also responsible for meeting client objectives established. Development of portfolio campaign strategies, customized reporting, and project management functions are a core expectation of the Lead. Overall quality and performance of the Asset Management Team is also the responsibility of this position.

This role plays an integral role in supporting the management and value within a client6s portfolio. Regular client collaboration, servicer engagement, and reporting of portfolio performance is expected in conjunction with the other Asset Manager(s) assigned to a client under this role6s leadership is expected.

Position requires in office 3 days a week.

Essential Job Functions:

  • Maintain visibility into the status of every deal by ensuring the reviews are performed appropriately in the system.

  • Ability to work with Excel performing VLOOKUP, pivot, and other functions to understand and reconcile data

  • Raise potential issues (performance, timeline, etc.) to management attention (VP, SVP, etc.)

  • Verify, where appropriate, that critical exceptions are correctly applied.

  • Identify performance trends and potential enhancements so that such items can be analyzed and potential incorporated into servicer process or internal system changes (Servicing workflow enhancements, QC workflow enhancements, exceptions, processes, etc.)

  • Such other activities as may be assigned by your manager

Qualifications/ Requirements:

  • College degree / training in finance / mortgage banking preferred or equivalent combination of education and experience

  • Minimum of 8+ years of industry and/or relevant experience, typically with 2+ years in an AVP level role or external equivalent

  • Mortgage / secondary market experience or equivalent combination of education and experiencepreferred

  • Commercial real estate asset management experience is required

  • Demonstrated ability to work well with staff clients if needed

  • Strong Excel skills

  • Team oriented

  • Ability to multitask

  • Excellent PC skills and possess high level of proficiency in Microsoft products

  • Strong communication (written and oral) skills

  • Strong analytical ability, good judgment, strategic and multidimensional thinker

  • Detail oriented and organized

  • Demonstrate professional behavior and teamwork, punctual, dependable

#LI-MS1

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

$180,000.00 - $220,000.00

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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