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Asset Analyst- Special Servicing in US - KS - Overland Park (JR01312)

Job DescriptionJob Attributes+

  • Job ID

    JR01312

  • Job Category

    Operations

  • Business Unit

    Unspecified

  • Job Location

    US - KS - Overland Park

Overview

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 provides a wide range of support services to the Special Servicing team to facilitate client satisfaction and the achievement of department goals and objectives. This position will assist in the management of a portfolio of highly structured sub and non-performing commercial real estate loans pursuant to third party loan servicing agreements and company policies &procedures. Additionally, assist in the preparation of asset status reports and the implementation of business plans including the pursuit of legal remedies and the closing of complex loan restructures. Provide a high level of loan surveillance support to the Special Servicing team by reporting on property level cash flows, rent rolls, market conditions for a nationwide portfolio of CRE loans.

Essential Job Functions:  

  • Collect, review, and analyze property, borrower, and guarantor financials 

  • Update and monitor loan specific information in the loan servicing system 

  • Assist Asset Managers with collection of loan documents, reviewing monthly waterfalls and producing monthly and quarterly reports 

  • Communicate with Borrowers, Master/Primary Servicers and Legal Counsel as directed by Asset Managers to provide or obtain loan balances and supporting documentation. 

  • Prepare and submit correspondence letters to Asset Managers for review including general correspondence, delinquency letters, and non-compliant letters 

  • Assist Asset Managers with borrower and draw requests.   

  • Reconcile and review various reports including billing statements, release statements, payoff statements, remittance reports, quarterly asset reports as required to ensure Situs high standards are achieved in terms of quality, accuracy, and completeness 

  • Other activities as may be assigned by your manager 

 

Qualifications/ Requirements: 

  • Bachelor’s degree in Real Estate, Finance/Accounting, Business or equivalent level of education or experience 

  • Entry level professional with 0-2 years of industry and/or relevant experience, typically at an Analyst level role or external equivalent

  • Experience in Commercial Real Estate Asset Management preferred 

  • Understanding of 3rd party reports including appraisals, property condition reports and environmental reports 

  • Understanding of property operating statements for all commercial property types (e.g., hotel, office, multifamily, and self-storage) 

  • Analytical skills to understand complex commercial loan documents and borrower financial statements 

  • Strong organizational and time management skills 

  • Excellent reading, writing and comprehension skills 

  • Ability to manage multiple priorities and meet multiple deadlines 

  • Advanced knowledge in MS Office Suite including Outlook, Excel, Power Point and Word 

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

$50,000.00 - $75,000.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

Pay Transparency Nondiscrimination Provision

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal

SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

Our Benefits

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Powerful futures

- Annual compensation reviews
- Retirement benefits
- Education allowance program
- Matching gifts program
- Employee referral bonus programs
- Other region-specific incentives

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Powerful peace of mind

- 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

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Powerful health

- Robust medical & other insurance plans
- Personal & family wellness benefits
- Savings programs & discounts for health expenses
- Disability, accident & life insurance

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What it’s like to

Be part of the Commercial Real Estate team

Working alongside top talent in the commercial real estate industry, you’ll help guide leading organizations through the entire commercial real estate lifecycle, from originations and secondary market activity to valuations, loan servicing and asset management.

SitucAMC Team Member Working
Part of a global team

Our US offices

Whether you’re working in one of our Real Estate businesses, or in Technology or a Corporate function, you’ll have plentiful learning opportunities and be greeted by a team who values your contribution. And, when it comes to benefits, you can expect above-and-beyond offerings supporting your emotional, physical and financial wellness.
US - KS - Overland Park
Asset Analyst- Special Servicing

“I look forward to team meetings, training, development and coaching opportunities. It gives me the interaction with people that I need and appreciate. The more I learn, the more I feel like I can grow with the company. I enjoy coaching others, sharing knowledge gained and finding ways to make our job more efficient.”

Cindy Buchanan

QC Specialist II

“You must treat each client like they are your only client. We put customer service at the forefront of our service offering.”

John Wadle

Director of Servicing Quality Control

“Try to be present and remember that not everyone has it all figured out. Your mental and physical health is the most important thing in your life, because without it you can’t do anything.”

Fawzat Trabilsy

Analyst, Asset Management

SitusAMC

Who we are

SitusAMC is a leading independent provider of technology, strategic outsourcing, talent and advisory solutions to the commercial and residential real estate finance industries. We help clients identify and capture opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity.

Working among the best talent in real estate, you’ll be a part of some of the most relevant things happening in the industry and engage in interesting and exciting work. You’ll be embraced by a culture that celebrates innovative thinking and empowers you to get the job done. Come join us in Powering Opportunity for those we proudly serve.

30+
Years of delivering results
5000+
Professionals
600+
Technologists
25+
Global Offices
1500+
Clients
US - KS - Overland Park
Asset Analyst- Special Servicing