Transaction Manager

SitusAMC • Dallas, TX

287d • $200,000 - $255,000

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! The general role of the Transaction Manager-Credit in the Transaction Services area is to manage the legal, due diligence and closing process for loan originations and other credit investments. The Transaction Manager participates as a key team member in the overall loan origination (and modification) process. This individual will perform a business role in overseeing all legal and closing activities including due diligence and closing process for loan originations and other credit investments.

Requirements

• J.D. required.
• Preference for bachelor's degree in real estate or business administration.
• Minimum 5 years of experience as counsel representing institutional lenders in connection with the origination and closing of commercial mortgage loans.
• Experience in syndicated loan transactions, mezzanine loan financings, repurchase agreements, loan securitizations, and preferred equity investments preferred.
• Must have a working knowledge of commercial mortgage loan fundamentals, commercial mortgage loan documentation, real estate law, and standard loan due diligence disciplines.
• Ability to make decisions and evaluate situations independently and as appropriate, together with external counsel and deal team members, to develop and implement efficient and appropriate solutions to issues.
• Ability to identify, assess, and mitigate risks relating to loan diligence, documentation and/or closing processes, and ensure adherence to rules and regulations, internal policies and procedures.
• Strong and effective analytical, decision-making, organizational, communication and customer service skills, as well as close attention to detail.

Responsibilities

• Manage documentation, closing, and syndication needs of a diverse portfolio of commercial real estate loans.
• Provide subject matter expertise on complex commercial real estate transactions identifying potential issues and solutions.
• Engage with and manage external counsel in the preparation and finalization of loan documents, all in accordance with policy, credit standards, and deal approvals.
• Oversee the review of environmental, engineering and other third-party reports as appropriate in coordination with the originations team.
• Work closely with the Transaction Coordinator to ensure due diligence procedures and disciplines are being consistently applied.
• Assess legal and due diligence issues, evaluate risks and develop possible solutions/recommendations in conjunction with legal counsel and third-party consultants.
• Actively participate in and oversee checklist and status calls to discuss status of transactions, issues, risks and recommended solutions.
• Actively participate in investment committee meetings to address issues and provide recommendations as appropriate.
• Work with Transaction Coordinator and outside counsel to ensure compliance with client requirements.
• Manage the closing process through collection of funds from client and close of escrow by the title company.
• Remain engaged throughout the life of each loan, overseeing loan modifications, workouts and the pursuit of remedies, as applicable.
• Supervise Transaction Coordinators on each assigned transaction.

Benefits

• Annual compensation reviews
• Retirement benefits
• Education allowance program
• Matching gifts program
• Employee referral bonus programs
• Competitive vacation policies, holidays & other paid leaves
• Family-friendly leave policies, including maternity, paternity & other family situations
• Employee wellness platform
• Employee assistance program
• Employee discount program
• Commuter benefits & travel assistance
• Volunteer program
• Robust medical & other insurance plans
• Personal & family wellness benefits
• Savings programs & discounts for health expenses
• Disability, accident & life insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree