Associate

About the role

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.

Essential Job Functions

• Provide analytical support in the underwriting and closing of commercial real estate loans or securitizations or affordable housing loans 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
• Absorb and assist with loan closings and procure needed closing items
• Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization
• Conduct telephone interviews to solicit market data with brokers, appraisers, investors and other market participants
• Research, analyze and summarize market and submarket information including inventory, absorption, new/proposed development, and rent and vacancy trends
• Extract pertinent data from appraisal engineering, environmental and other third-party reports
• Write property, market, borrower/sponsor descriptions and third-party report summaries that will be included in credit memos and asset summary reports
• Assist in developing value conclusions for all property types
• Manage interactions and underwriting assignments directly with clients
• Such other activities as may be assigned by your manager

Qualifications/ Requirements

• Bachelor’s degree or equivalent combination of experience and education; Preferred fields of study include accounting, finance, real estate, and business
• Experienced professional with 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
• 2-5 years’ experience in real estate related or financial services industry, such as appraisal, brokerage, or banking primarily focused on commercial properties
• Familiarity with commercial real estate, due diligence process, affordable housing loans, 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
• Proficient in Argus
• Excellent Excel and cash flow modeling skills
• Strong business writing skills
• Strong communication skills

Benefits

The annual full time base salary range for this role is $65,000.00 - $75,000.00. 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.

Pay Transparency Nondiscrimination Provision

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.