Assistant Vice President, CRE Asset Management

SitusAMC • Atlanta, GA

4d • $101,626 - $165,000

About The Position

The Assistant Vice President, CRE Asset Management assists in managing a portfolio of highly structured commercial real estate loans, adhering to company policies and procedures, and managing client relations. The role provides loan surveillance support by monitoring and reporting on property-level cash flows, rent rolls, market conditions, and property valuations for a nationwide portfolio spanning commercial real estate property types.

Requirements

• Bachelor’s degree; a real estate, finance/accounting, or business field of study is preferred, or an equivalent combination of education and experience.
• Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate-level role or external equivalent.
• Proficiency with major property types: office, industrial, retail, and multifamily.
• Basic knowledge of specialty property types, including hotels and condominiums.
• Proficiency with advanced commercial real estate principles, including underwriting, loan servicing, and treasury practices.
• Proficiency with common commercial real estate calculations and concepts, including IRRs, NPV, DSCRs, DY, and NOI/NCF.
• Basic knowledge of deal types, including transitional, development, pre-development, repositioning, and stabilized properties, and complex debt positions such as participations, syndications, CLOs/CDOs, senior and mezzanine debt, and warehouse and repo lines.
• Ability to create complex financial models in Excel or similar programs.
• Ability to make sound decisions and work independently on projects.
• Ability to work in a fast-paced environment, manage multiple tasks, and meet tight deadlines.
• Excellent reading and comprehension skills.
• Effective written and verbal communication skills.
• Strong organizational and time management skills.
• Advanced knowledge of the MS Office suite, including Outlook, Excel, PowerPoint, and Word.

Nice To Haves

• Experience in commercial real estate and debt or equity asset management is preferred.

Responsibilities

• Manage assigned loans day to day, including communicating with borrowers and lenders/investors.
• Process borrower requests and consents.
• Analyze property financials and report property and loan performance to lenders/investors quarterly through a quarterly asset report (QAR).
• When applicable, correspond with sponsors and borrowers about property-level concerns, including capital expenditure projects, leasing progress, construction status, and overall performance.
• Prepare and submit weekly loan portfolio updates identifying relevant issues, discussions, and events from the week.
• Monitor and report loan-specific events and triggers.
• Review and process construction draws.
• Perform other activities as assigned by the manager.

Benefits

• Paid time off (PTO) and paid holidays.
• Medical, dental, vision, life, and disability insurance.
• 401(k).
• Certain positions may be eligible for a discretionary bonus, subject to program guidelines, position eligibility, and senior management approval.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior