VP, Loan Management

About the role

SitusAMC is seeking a VP, Loan Management to oversee the management of an assigned primary servicing function within Situs Asset Management (SAM). This role involves managing workflow, responding to inquiries, training new team members, reviewing and approving documents, and representing the company in resolving non-compliant issues.

Responsibilities

• Maintain visibility into the status of daily task assignments and ensure timely, accurate preparation and distribution
• Perform review of mortgage/deed of trust, loan agreement and/or commitment letter to determine servicing requirements
• Train new team members
• Ability to work with Excel performing VLOOKUP, pivot, and other functions to understand and reconcile data
• Raise potential issues to management and analyze and interpret legal documents associated with escrow administration
• Represent the company in resolving non-compliant issues through verbal and written communication with both internal and external parties
• Periodically evaluate resources to ensure that specific goals and deadlines are achievable
• Analyze and interpret legal documents associated with escrow administration
• Review and approve procedures related to operations as assigned by senior management
• Stay abreast of changes in industry standards

Requirements

• Bachelor’s degree; preferred field of study: real estate, finance/accounting, business 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
• Experience in commercial real estate, cash management, loan servicing, escrow management preferred
• High comfort level with use of various industry related software systems
• Strong Excel skills
• Ability to multitask
• Strong attention to detail and accuracy
• Strong communication skills (written and oral)
• Strong analytical abilities, good judgment, strategic and process thinking
• Detail oriented
• High degree of professionalism
• Ability to work as a team player
• Pro-active approach to problem recognition and resolution

Qualifications

• Bachelor’s degree; preferred field of study: real estate, finance/accounting, business 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
• Experience in commercial real estate, cash management, loan servicing, escrow management preferred
• High comfort level with use of various industry related software systems
• Strong Excel skills
• Ability to multitask
• Strong attention to detail and accuracy
• Strong communication skills (written and oral)
• Strong analytical abilities, good judgment, strategic and process thinking
• Detail oriented
• High degree of professionalism
• Ability to work as a team player
• Pro-active approach to problem recognition and resolution

Benefits

• Paid holidays
• Medical, dental, vision, life, disability insurance
• 401K

Pay

The annual full time base salary range for this role is $90,000.00 - $125,000.00. 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.

Schedule

This role is offered on a Hybrid schedule.