Sound Point Capital Management, LP · 8 hours ago
VP - Commercial Real Estate - Asset Management
375 Park
Full-time
Hybrid
Mid, Senior Level
$150K/yr - $160K/yr
5+ years expSound Point Capital Management is a credit-oriented alternative asset manager overseeing approximately $43 billion AUM, seeking an Asset Management VP to join its Commercial Real Estate team. The role involves managing commercial real estate debt investments, monitoring portfolio performance, and collaborating with various stakeholders to enhance asset value.
Asset ManagementCreditVenture Capital
Responsibilities
Provide ongoing loan surveillance, including the evaluation and tracking of key debt metrics, property performance, market and submarket trends, guarantor financial performance, review and approval of annual operating budgets, financial reporting, cash management
Compile Quarterly Asset Review (QAR) report to be reviewed by Investment Committee including:
Attend borrower update calls and compile detailed notes on each asset performance within QAR document
Review IC memos for accuracy of information and note performance tracking on QARs
Assist with LSR underwriting revisions for accuracy
Review Costar/Axiometrics, etc. to update QAR market/submarket information
Monitor and document within the QAR the progress of borrower business plans from loan closing through takeout
Assist in drafting clear and concise memorandums for modifications, future advances, waivers, extensions, collateral releases, loan paydowns or payoffs, lease approvals and consent requests that require investment committee approval
Partner with the Asset Management Team to assist/review with borrower draw requests, major lease reviews and approvals and other portfolio monitoring initiatives
Compile settlement statements for extensions, modifications, etc. in preparation for closing
Coordinate with third party asset managers, Trimont & SITUS, to obtain all necessary closing conditions
Provide document requests to Third Party Asset Managers to include:
KYC information
Missing document requests
Assist with REO-related tasks and approvals including but not limited to:
REO Operating Account Opening
Engaging third party reports
Interviewing and recommending replacement property managers
Interviewing and recommending replacement leasing brokers
Prepare and review for accuracy REO business plans as needed by the Asset Management Team
Update internal share file for third party asset managers with Critical to Board documents once a new deal has closed
Work on special projects as necessary; prepare internal presentations as necessary for asset management team or senior management
Coordinate with and present to investment partners in answering questions and providing updates on the portfolio, including
Payoff updates
Modification & extension updates
Loan maturity updates
Remit report resolutions
Property business plan updates and underwriting
Assist in managing a team of 4 CRE AM professionals
Qualification
Required
5-10 years' experience in commercial real estate equity or debt with asset management, underwriting or valuation experience required
Must be able to work effectively with minimum supervision, work well under pressure, and handle multiple tasks/demands in an environment of changing priorities and tight deadlines
Must be able to anticipate problems in the portfolio and proactively work to resolve issues before they occur
Strong technical and writing ability with exceptional organizational, interpersonal, and communication skills required
Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management and an understanding of the ESG landscape as it relates to commercial real estate debt
Ability to problem-solve and exercise independent judgement while displaying a high degree of initiative and accuracy
Ability to interpret and understand complex debt structures and cash flow waterfalls
Strong interpersonal skills to solidify and grow relationships with borrowers and brokers
Proficiency in Microsoft Office, especially in Excel and Word, as well as web-based applications
Preferred
Knowledge of Argus and Tableau a plus
Company
Sound Point Capital Management, LP
Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.
201-500 employees
H1B Sponsorship
Sound Point Capital Management, LP has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (1)
2023 (6)
2021 (1)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$148.2MKey Investors
CIBC
2025-07-08Post Ipo Equity· $48.2M
2024-06-14IPO
2024-06-09Post Ipo Debt· $100M
Leadership Team
Stephen Ketchum
CEO/Managing Partner and Founder
Philip Bartow
Portfolio Manager and Head of Specialty Finance
Recent News
2025-11-06
vcnewsdaily.com
2025-11-05
Company data provided by crunchbase