Associate, Collateral Operations

SitusAMC•Overland Park, KS

4d•$56,000 - $75,000

About The Position

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. At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team! This role must complete complex, multifaceted assignments necessary for the proper servicing of our Client’s portfolios of commercial real estate loans and is responsible for producing concurrent professional product deliverables in a consistent and timely fashion with limited management support. Also responsible for mentoring junior staff.

Requirements

Associates degree in Accounting, Finance, Real Estate, Business, or equivalent combination of education and experience
Experienced professional with 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
Practiced in learning new tasks and achieving goals while demonstrating profession behaviors
Some leadership experience with small groups or peers is preferable
Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action.
Experience with Excel, able to utilize multiple formulas and macros
Excellent written, verbal and electronic communication skills
Ability to work in a team environment, yet, express independent thought, with a consistent quality work product being produced
Ability to manage multiple priorities and meet multiple deadlines with minimum supervision

Responsibilities

Approve system generated reporting, queries and related client deliverables for compliance, adherence, accuracy as determined by supporting information.
Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client’s CRE loans
Independently proof transactions (both cash and non-cash) and if applicable, initiate fund transfers due to borrowers and/or lenders in adherence with Loan Terms, Servicing Agreements and established servicing standards
Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties
Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate, current representation of the Borrower’s outstanding obligations to the Lender are reflected within the servicing system
Summarize research, as needed, to comprehensively respond to inquiries from Borrowers, Lenders, Audit, Rating Agency and other authorized stakeholders
Design and build spreadsheet templates and/or financial models, including the coding of interrelated excel formulas, data tables and macros, to analyze the loan metrics, cash flows, amortization tables and similar debt or collateral analysis, and, find and correct logic errors contained within
Ensure compliance against Servicing Standards, internal policies, and abstracted key dates, terms/requirements from various loan and servicing documents, while identifying and addressing those provisions that warrant exception processing
Direct the preparation of periodic reporting summaries, account reconciliations and Officer Certificates as required by the various Servicing Agreements
Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers, as well as with special projects, and working overtime when necessary to meet Client deadlines
Recommend process rationalization and efficiency initiatives affiliated with job responsibilities
Assist in compiling various internal reports and assist the Asset Managers and the Portfolio Management Team with reporting to the Client
Candidate will be assigned responsibilities with a specialized team within Servicing focusing on (but not limited to) Asset Management, Portfolio Management, Treasury Services, Escrow (including Tax or Insurance) Administration
Other activities as may be assigned by your manager