Analyst, Asset Management

SitusAMC•Hanover, PA

5d•$95,000 - $105,000•Hybrid

About The Position

SitusAMC is looking for passionate individuals to join their team and transform client businesses and their own careers. They offer opportunities for growth within the Real Estate Industry. Hanover Street Capital, LLC, a subsidiary of SitusAMC, operates as a platform assisting Deutsche Bank’s Commercial Real Estate Group with its loan portfolio. They provide a comprehensive suite of services across commercial real estate transactions, including loan originations, asset and portfolio management, loan servicing and administration, and transaction management. The Analyst role will initially support the Asset Management team in managing, monitoring, and reporting on the performance of the Client’s portfolios of commercial real estate loans. This involves working closely with the Client, Portfolio Management, and Servicing teams to deliver accurate, timely, and high-quality services. This position is based in New York City and requires a minimum of 3 days in person.

Requirements

Experience with real estate finance and performance metrics.
Strong analytical and computer skills with a thorough knowledge of Excel, including the ability to perform cash flow analyses.
Ability to work efficiently with large datasets to process and present results as requested.
Ability to work in a team environment, think independently, and generate quality work product.
Ability to manage multiple priorities and meet multiple deadlines.
Must adhere to processes and procedures but suggest and implement improvements if deficiencies are found.
Attention to detail is a must.
Strong reading comprehension.
Strong business writing and presentation skills.
1-3 years’ experience of Commercial Real Estate debt or Credit experience.
A Bachelor’s degree in Economics, Finance, Accounting or Commercial Real Estate.
Within Excel, candidates should be able to map data, summarize data, and construct a weighted average.
Candidates should be able to determine the NPV of cash flows, determine the IRR of an investment, and generate a simple maturity and balance schedule.

Responsibilities

Model new assets in loan performance models that report historical and projected cash and P&L, potentially involving customizations based on negotiated loan terms and coordination with underwriters, Servicing, and Portfolio Management.
Review and summarize deliverables and milestones provided under loan documents and enter those requirements in an Asset Management-focused database.
Perform LTV, DY, and DSCR analyses.
Gather market data regarding rent, occupancy, absorption, sales trends, etc.
Spread financial statements, maintain rent rolls, create rollover reports, and monitor co-tenancy issues.
Prepare monthly asset-level reports in Excel and annual reviews in Word or PowerPoint.