Senior Associate, Asset Management

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve. At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team! This role assists in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations. Additionally, the position provides a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types. This role has direct reports. Essential Job Functions: Responsible for 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 loan specific events and triggers Supervise and mentor direct reports 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   Experienced professional with 5+ years of industry and/or relevant experience, typically at a Associate level role or external equivalent Proficiency with major property types (office, industrial, retail, multifamily) 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) Experience of complex debt positions (senior and mezzanine debt, warehouse, and repo lines) Ability to create complex financial models Ability to make sound decisions and work…