AVP, Collateral Operations

SitusAMC•Overland Park, KS

1d•$75,000 - $95,000•Remote

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 leads the oversight of the assigned Collateral Operation team members with a high level of interaction and communication between client, management, and team members.

Requirements

Bachelor’s degree; Preferred Field of Study: real estate, finance/accounting, business or 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
5 years’ experience in commercial real estate, cash management, loan servicing, escrow management
High comfort level with use of various industry related software systems
Strong attention to detail and accuracy
Strong leadership skills
High degree of professionalism
Ability to work as a team player
Pro-active approach to problem recognition and resolution

Responsibilities

Monitor workflow to ensure staff is adequately utilized
Manage research requests, supporting Portfolio Management team in addressing borrower, investor, or 3rd party inquiries.
Train new team members
Perform review of mortgage/deed of trust, loan agreement and/or commitment letter to determine servicing requirements
Review 3rd party reports (i.e., appraisal, site inspection, seismic report, zoning report, engineering and environmental reports) to determine property specific requirements.
Make written and verbal contacts for vendors supporting the Collateral Operation’s functions.
Perform or manage the preparation of loan escrow statements.
Administer protective advances
Monitor outstanding collateral related requests and perform follow up as necessary to ensure timely replies / completion.
Analyze and interpret legal documents associated with loan/lender specific requirements.
Review and approve procedures related to operations in the Collateral Operations scope.
Represent Situs 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
Perform QC on completed product and communicate results to team members
Stay abreast of changes in industry standards
Prepare outbound wires and manual checks for payments.
Provide liaison support to the Treasury Manager
Other activities as may be assigned by your manager