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. If you can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
About the role
This role assists in the management of a portfolio of highly structured commercial real‑estate loans, adhering to company policies and procedures, and managing client relations. It provides high‑level loan surveillance support by monitoring and reporting on property‑level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all commercial real‑estate property types.
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
Annual full‑time base salary range: $75,000 – $95,000. Specific compensation is determined through interviews and 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.
- Eligibility to participate in medical, dental, vision, life, and disability insurance plans.
- 401(k) plan participation.