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Securitized Products - Business Manager in New York, NY (14612)

Job DescriptionJob Attributes+

  • Job ID

    14612

  • Job Category

    Securitization

  • Business Unit

    Commercial Real Estate

  • Job Location

    US - NY - New York

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!

Position Overview: 

Our client is the Commercial Real Estate Finance group within the investment bank of a premier European-based global financial services institution located in New York City. Their real estate group is consistently ranked among the top-10 global and US real estate lenders, and they consistently look to grow their platform and expand into new products.

About Securitized Products:

Our client’s Securitized Products team delivers integrated & innovative strategies to help meet the unique capital and investment needs of our clients across the securitization spectrum including financial institutions, sponsors, state-owned institutions, insurers, asset managers, funds, and corporates. Securitized Products is a client focused market making business, dealing in Asset Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS), Agency and Non-Agency Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage Back Securities Index (CMBX) and Collateralized Loan Obligations (CLO) Secondary Trading. Securitized Products also has a significant financing footprint, with desks which is focused on providing clients with longer term financing solutions across a range of assets and jurisdictions (including loan portfolios and securitizations, bridge loans, warehouse loans and repo facilities).

Overall purpose of role:

The Securitized Products Business Management team is looking to hire a Business Manager at the Vice President corporate grade to support the US based Securitized Products businesses.

The role will be providing operating leverage and critical business support for the US Securitized Products business, spanning across the spectrum of Origination, Financing and Trading. Additionally, as a trusted partner and representative of the US based business, the business manager would be a critical representative and face-off to multiple partners including Trading, Sales, Origination, and various Infrastructure areas on a range of multi-faceted issues.

In addition, there is also a clear focus on supporting various project initiatives. These would entail supporting senior business managers with Business Reviews, various other asset class specific programs of work based on business needs through to regulatory deliverables. The business manager would be required to be involved in regular daily activities of supporting the steady operation of the business in a well-controlled framework.

The seat will provide operating leverage to the respective trading desk heads in supporting strategic and sound business decision-making, assistance in business plan creation, key performance indicator tracking and future strategy of the business across relevant markets, regions, and sectors while continually working with our infrastructure groups on key initiatives

Key Accountabilities:

  • Provide operating leverage to the respective trading desk heads and individual originators and traders as well as the Securitized Products Business Management team, supporting decision making, growth, risk, and control framework.
  • Act as a liaison with the asset class aligned infrastructure teams to ensure interlock objectives and deliverables.
  • Work closely with the global business management teams and central functions to understand wider priorities, and driving global efforts such as quarterly and annual stress exercises, while effectively adding value to our control agenda through input into the annual Risk and Control Assessments and Conflicts register etc.
  • Represent the business whilst liaising with other functions and clusters of the firm on BAU matters as well as strategic priorities, risk and control initiatives, remediation efforts.
  • Maintain the governance structure for the business.
  • Stakeholder Management and Leadership
  • The role requires a dynamic communication across the Trading and Sales desks, as well as with internal partners spanning across Risk, Middle Office, Finance and Technology.
  • Collaborate proactively with the global Business Management team and stakeholders across functions.
  • Work with 1st line counterparts as well as 2nd and 3rd line Functions to implement business, regulatory and risk and control agenda for respective businesses.

Skills & Experience:

  • Bachelor’s Degree in Finance, Economics, Business
  • 5-7+ years’ experience in a financial services firm or institution
  • Securitized Products experience is preferred
  • Business Management / COO experience preferred
  • Strong understanding of operational flows and process.
  • Good Presentation Skills
  • Proficient with Microsoft Office (Word, Excel, PowerPoint, Outlook)
  • Strong interpersonal skills with the ability to communicate well
  • Team player with great upside potential
  • Works well in matrixed environment
  • Can communicate effectively with all levels of leadership (both up and down)
  • Change agent, able to pivot to ever-changing priorities.
  • Influencing and adaptive skills
  • Ability to work in a dynamic, fast-paced, and high-pressure environment

The annual full time base salary range for this role is ($175,000 - $225,000). 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
Securitized Products - Business 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

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
New York, NY
Securitized Products - Business Manager