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AVP, Portfolio Management in US - CA - El Segundo (JR01628)

Job DescriptionJob Attributes+

  • Job ID

    JR01628

  • Job Category

    Operations

  • Business Unit

    Unspecified

  • Job Location

    US - CA - El Segundo

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!

Working alongside the Client and Senior Asset Managers, this position will have day-to-day management of a diverse portfolio of fixed and floating rate mortgage and subordinate financing on behalf of multiple investment vehicles including insurance companies, a public mortgage REIT, managed funds and a non-traded REIT. The portfolio includes a broad spectrum of property types, including transitional, stabilized, pre-construction and construction loans for single assets and portfolios.

  • Asset manage a diverse CRE loan portfolio (e.g. senior/sub, property type, geography) including managing handoff process from the investment team, and evaluating ongoing borrower requests and loan performance.
  • Monitor and analyze asset performance to identify and mitigate portfolio risk including utilizing operating/financial/tenant analysis and conducting property inspection and market research with Senior Asset Managers and the Client
  • Provide day-to-day direction and collaborate with the CRE debt team associates and analysts
  • Analyze and interpret loan documents and providing advice and direction to the Asset Management Team and Loan Servicing teams
  • Assist in resolving Focus loans, which could include loan modifications and workouts on defaulted loans, as needed
  • Review disbursement requests, monitor draw procedures, manage flow of funds mechanics and internal loan administration
  • Make recommendations on asset management request, portfolio risk and Focus loans to head of Asset Management and CRE Debt Group Head for review and approval, as appropriate with Senior Asset Managers
  • Stay abreast of relevant industry trends and thematic elements relevant to the business
  • Operate with a proactive portfolio management mindset to assess risk and escalate items when needed
  • Work with internal stakeholders (e.g. risk, finance, servicing, valuation departments) and external partners (e.g. sponsors, co-lenders, attorneys, loan correspondents and third-party consultants)
  • Prepare regular and ad hoc portfolio-level presentations and reviews with Senior Asset Managers Coordination with asset managers and borrowers
  • Such other activities as may be assigned by your manager

Qualifications/ Requirements:

  • Bachelor’s degree (accounting, business, finance, real estate) or equivalent combination of education and experience strongly preferred
  • Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent.
  • Strong analytical, problem solving and computer skills with a thorough knowledge of excel
  • Excellent written, verbal and electronic communication skills with attention to detail
  • Work in a team environment yet think independently and generate quality work product with little supervision
  • Manage multiple priorities and meet multiple deadlines
  • Ability to approach work from more of a “transaction” basis versus “task” basis
  • Understanding of real estate finance including debt and equity structures
  • Excellent reading and comprehension skills
  • Ability to communicate effectively both written and verbal
  • Analytical skills to understand complex commercial loan documents
  • Strong organizational and time management skills
  • Understanding of 3rd party reports including appraisals, property condition reports, and environmental reports.
  • Ability to work independently on projects and also collaborate ‘face to face’ as a team player
  • Ability to work in fast-paced environment running multiple tasks under tight deadlines
  • MS Office Suite including Outlook, Excel, Power Point and Word.
  • MS Excel – Intermediate

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

$140,000.00 - $160,000.00

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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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 - CA - El Segundo
AVP, Portfolio Management

“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 - CA - El Segundo
AVP, Portfolio Management