AVP, Residential Whole Loans in US - NY - New York (JR01072)

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!

Our client is a leading global investment bank. Their residential whole loan business is looking for an Assistant VP who can join their team on-site in New York City. The candidate will assist with all facets of transaction management for various whole loan products, including the execution of acquisitions, sales, and securitizations in support of the whole loan trading team strategy.

Key responsibilities include:

• Coordinate all aspects of mortgage transactions from initiation through settlement. This includes organizing closing documents, tracking collateral files, and organizing all internal functions required to close a trade. Involves working internally with the desk, legal, due diligence team, middle office and others.
• Act as the liaison between the sellers, vendors, servicers, external counsel and other third parties.
• Review, comment and prepare documentation including purchase agreements, offering memorandums, bid stipulations, securitization documentation and other internal business inquiries.
• Provide summarization reporting and tracking for pre and post-settle deal status, diligence and collateral curative activity, and contractual and regulatory milestones.
• Perform other duties as required or requested.

Desired Skills & Experience:

• 2-5 years relevant residential mortgage data/collateral experience at mortgage company, asset management firm, rating agency or due diligence firm
• Experience in residential loans with knowledge of basic mortgage mechanics and associated data, credit/compliance requirements, and clearing collateral discrepancies.
• Expert in Microsoft Office applications, specifically Excel.
• Strong organizational, analytical and research skills, attention to detail, ability to work under time constraints and high degree of initiative
• Solid communication skills and desire to coordinate among various internal and external parties
• Ability to be highly productive in a fast paced, transaction-oriented department and be quick to learn quickly with a strong attention to detail

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

$120,000.00 - $135,000.00

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.