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Director, Transaction Manager in New York, NY (14534)

Job DescriptionJob Attributes+

  • Job ID


  • Job Category

    Transaction Management / Originations Support

  • Business Unit

    Commercial Real Estate

  • Job Location

    US - NY - New York


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!

Position Overview:

We are looking to hire a transaction manager for our client, a multi-billion-dollar financial services institution. The role provides an exceptional opportunity to work on a broad range of real estate financing capacities across a diverse mix of loan products covering a variety of collateral types.  Such capacities include structuring new loan products with the team head; working with originators, underwriters, and the capital markets team to draft, negotiate, and finalize term sheets; working with external counsel on active deals; working with underwriters to diligence collateral; working with closers and internal counsel to complete transactions; and working with the deal team on various asset management matters. The loan products include fixed rate CMBS loans; floating rate balance sheet loans (a substantial portion with future advances or customized reserve structures); loan sales and purchases; and senior/subordinate loans and intercreditor agreements.

Essential Job Functions:

  • Manage documentation, closing, asset management, and securitization needs of a diverse, portfolio of commercial real estate loans.
  • Provide subject matter expertise on complex commercial real estate transactions identifying potential issues and solutions.
  • Engage with and manage external counsel in the preparation and finalization of loan documents, all in accordance with policy, securitization requirements, credit standards, and deal approvals.
  • Draft and revise term sheets in collaboration with originators, underwriters, and capital markets team members.
  • Identify issues with respect to loan diligence materials and work with external counsel and the deal team to address effectively.
  • Negotiate loan documents to reduce or eliminate legal and other risks.
  • Review and facilitate finalization of aspects of asset summary reports relating to loan documentation or legal diligence.
  • Liaise with closers on internal KYC processes and with closers and internal counsel on closing activities.
  • Support the deal team on asset management issues, including review and analysis of related loan documentation.
  • Other activities as may be assigned by your manager

Qualifications/ Requirements:

  • A law degree from an accredited institution. 
  • Minimum four years of proven and progressive commercial real estate transaction experience at an AM Law 100 law firm or a combination of an AM Law 100 law firm and in-house experience at a comparable financial services institution.
  • Extensive experience with both fixed rate and floating rate loans.
  • Strong knowledge of commercial real estate loan products and documentation; risk management, servicing, and asset management principles for commercial real estate loans; and state laws governing commercial mortgages or relating to commercial real estate transactions.
  • Ability to make decisions and evaluate situations independently and as appropriate, together with external counsel and deal team members, to develop and implement efficient and appropriate solutions to issues.
  • Ability to identify, assess, and mitigate risks relating to loan diligence, documentation and/or closing processes, and ensure adherence to banking rules and regulations, internal policies and procedures, and securitization requirements.
  • Strong and effective analytical, decision-making, organizational, communication and customer service skills, as well as close attention to detail.

Special Requirements:

  • The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment

Working Conditions:

  • Office environment with frequent computer, mouse, keyboard use
  • Alternating between sitting or standing as needed
  • Hearing, talking, reaching, grasping

The annual full time base salary range for this role is ($225,000 - $300,000). 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.

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 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.

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.
Job Location: New York, NY, USA

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 Talent Sourcing & Dedicated Client teams

Our experienced team draws upon their extensive knowledge and connectivity to identify, attract, and manage top-tier talent that enables our clients to operate more efficiently and effectively. As a member of our Talent Solution’s team, you’ll be an integral part in powering opportunity for world-class clients - up and down the capital stack and across the real estate lifecycle.

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.
New York, NY
Director, Transaction Manager

“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

“I’m grateful for my ability to adapt because the industry is very fast-paced and always changing. I get put on special projects all the time, which I really like, because it expands my skillset and range of experience. But you need to be able to roll with the punches and stay light on your feet. I’ve done everything from appraisals to modifications to reverse mortgages, which is great, because I’ve always been able to adapt and learn quickly.”

Jon Addison

Senior Analyst


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.

Years of delivering results
Global Offices
New York, NY
Director, Transaction Manager