SitusAMC

Executive Director, Transaction Manager CRE

  • Job ID

    14058

  • Job Category

    Transaction Management / Originations Support

  • Business Unit

    Commercial Real Estate

  • Job Location

    US - GA - Atlanta

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!
We are looking for a transaction manager for our client, a multi-billion-dollar financial services institution. The role provides an exceptional opportunity to work in a broad range of real estate financing capacities and across a diverse mixture of loan products that cover a variety of collateral types.  Such capacities include structuring new loan products with the team head; working with originators, the credit team, and business heads to draft, negotiate, and finalize term sheets; working with external counsel on active deals; working with underwriters to diligence the collateral; working with closers to close deals; and working with the asset management team on various loan servicing matters.  Such loan products include fixed rate loans of varying maturity terms (both recourse and non-recourse); floating rate loans on stabilized assets; floating rate loans on transitional assets (a substantial portion with future advances or customized reserve structures); and senior/subordinate loans under various structures.

Responsibilities:

  • Manages documentation, closing, and asset management needs of a diverse, complex portfolio of commercial real estate loans (including loans under various types of senior/subordinate structures).  
  • Understands complex commercial banking and commercial real estate loan terms, structures, and concepts; serves as a source of knowledge and subject matter expert to the broader group on complex CRE transactions; identifies potential problems and solutions.
  • Engages and manages external counsel to prepare and finalize loan documents in accordance with policy, credit standards, and particular deal approvals. 
  • Drafts and revises term sheets, working together with originators and other business team members.
  • Spots issues with respect to loan diligence materials and works together with external counsel and deal team to address effectively. 
  • Ensures that loans and documentation thereof comply with applicable internal guidelines and procedures as well as external requirements (e.g., regulatory requirements). 
  • Reviews and facilitates finalization of the aspects of asset summary reports that relate to loan documentation or legal diligence.
  • Negotiates loan documents to reduce or eliminate various legal and other risks to the company. 
  • Mitigates documentation and operational risks to the company.
  • Supervises all closing activities.  
  • Supports asset management team on issues that may arise on closed loans, including review and analysis of related loan documentation. 
  • Assists in internal KYC processes.  
Experience Required:

  • Minimum five years of proven and progressive commercial real estate transaction experience at a law firm.
  • Extensive experience with both fixed rate and floating rate loans.
Skills Required:

  • A law degree from an accredited institution.
  • Ability to make decisions or scope solutions independently, and as appropriate, together with external counsel, deal team members, business partners, and other resources to provide efficient and appropriate solutions to issues as they arise.
  • Strong knowledge of commercial real estate documentation, risk management, commercial real estate loan products, servicing principles for commercial real estate loans, and pertinent state laws governing commercial mortgages or relating to real estate transactions.
  • Ability to identify, assess, and mitigate risks relating to loan diligence and/or closing processes, as well as ensuring adherence to banking rules and regulations and internal policies and procedures while recognizing the unique, individualized nature of each commercial real estate transaction.
  • Strong and effective communication, analytical, effective decision-making, organizational, follow-up, and customer service skills.
  • Attention to detail and ability to evaluate situations on a case by case basis and work independently to develop and implement solutions.

The annual full time base salary range for this role is ($250,000 - $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.
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