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SitusAMC · 1 day ago

Associate, Asset Management

Atlanta, GA

Full-time

Hybrid

Mid, Senior Level

$70K/yr - $90K/yr

5+ years exp

SitusAMC is a company focused on transforming client businesses and fostering career growth within the Real Estate Industry. The Associate role involves managing a portfolio of commercial real estate loans, ensuring adherence to company policies, and providing loan surveillance support through monitoring and reporting on property-level financials.

Financial ServicesOutsourcing

Responsibilities

Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors

Processing of borrower requests and consents

Analyze property financials and report property/loan performance to Lenders/Investors on a quarterly basis via a Quarterly Asset Report (QAR)

When applicable, correspond with Sponsors/Borrowers for updates on any property-level concerns, including Capital Expenditure Projects, leasing progress, Construction Status and overall performance

Prepare and submit weekly loan portfolio updates identifying all relevant issues, discussions and events that occurred during the week

Monitor loan specific events and triggers

Such other activities as may be assigned by your manager

Qualification

Real estateFinancial analysisLoan servicingAdvanced CRE principlesFinancial modelingMS Office SuiteCommunication skillsOrganizational skillsTime management

Required

Bachelor's degree preferred field of study: real estate, finance/accounting, 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

Proficiency with major property types (office, industrial, retail, multifamily)

Basic knowledge of specialty property types (hotels and condominiums)

Proficiency with advanced CRE principles including underwriting, loan servicing and treasury practices

Proficient with common CRE calculations and concepts: IRR's, NPV, DSCR's, DY, NOI/NCF

Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO's/CDO's)

Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines)

Ability to create complex financial models

Ability to make sound decisions and work independently on projects

Ability to work in fast-paced environment running multiple tasks under tight deadlines

Excellent reading and comprehension skills

Ability to communicate effectively both written and verbal

Strong organizational and time management skills

Advanced knowledge of MS office suite including outlook, excel, power point and word