Associate, Asset Management
SitusAMC · Plymouth Meeting, PA · 1 mo ago
OTHR$75k–$95k/yrFull-time
SitusAMC is a leading real‑estate advisory firm that matches talent with opportunities across the industry. This position assists in managing a portfolio of highly structured commercial real‑estate loans, providing loan‑surveillance support by monitoring and reporting property‑level cash flows, rent rolls, market conditions and valuations for a nationwide portfolio.
Responsibilities
- Day‑to‑day management of assigned loans, including communication with borrowers and lenders/investors.
- Processing borrower requests and consents.
- Analyzing property financials and reporting property/loan performance to lenders/investors on a quarterly basis via a Quarterly Asset Report (QAR).
- Corresponding with sponsors/borrowers on property‑level concerns such as capital expenditure projects, leasing progress, construction status and overall performance.
- Preparing and submitting weekly loan portfolio updates identifying relevant issues, discussions and events.
- Monitoring loan‑specific events and triggers.
- Performing other activities as assigned by the manager.
Qualifications
- Bachelor’s degree preferred in real estate, finance/accounting, business or equivalent combination of education and experience.
- 5+ years of industry or relevant experience, typically at a Senior Analyst or Analyst level or external equivalent.
- Proficiency with major property types (office, industrial, retail, multifamily) and basic knowledge of specialty types (hotels, condominiums).
- Advanced CRE principles including underwriting, loan servicing and treasury practices.
- Proficient with common CRE calculations and concepts: IRR, NPV, DSCR, DY, NOI/NCF.
- Basic knowledge of all deal types (transitional, development, pre‑development, repositioning, stabilized) and complex debt positions (participations, syndications, CLOs/CDOs, senior and mezzanine debt, warehouse, repo lines).
- Ability to create complex financial models and make sound independent decisions.
- Strong organizational, time‑management, reading, comprehension, written and verbal communication skills.
- Advanced knowledge of Microsoft Office suite (Outlook, Excel, PowerPoint, Word).
Pay
The annual full‑time base salary range for this role is $75,000 – $95,000. Specific compensation is determined through interviews and a review of education, experience, training, skills, geographic location and market data. Certain positions may be eligible for a discretionary bonus.
Benefits
- PTO and paid holidays as defined in program policies.
- Medical, dental, and vision insurance.
- Life and disability insurance.
- 401(k) retirement plan.