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Transaction Manager in New York, NY (14447)

Job DescriptionJob Attributes+

  • Job ID

    14447

  • Job Category

    Transaction Management / Originations Support

  • 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!
Our client is a commercial real estate lender and debt investor that is committed to developing successful, long-term customer and client relationships that are built on integrity, advocacy, and reliability. Founded on a strong and disciplined credit culture, our client offers a deep, discrete understanding of CRE lending and credit, as well as capital markets. Their senior management team brings an average of thirtytwenty years of specialized experience through multiple CRE cycles, a host of disciplines, and the full spectrum of CRE debt products.

Our client is seeking a Transaction Manager who will focuses on opportunistic transitional deals across asset classes and all over the country.

Position Overview:
The Transaction Manager will be responsible for the full range of responsibilities that goes with commercial real estate deal closings for complex permanent and construction loans. You will be involved from term sheet through the closing of the loans.

Essential Job Functions:
  • Draft loan applications/ term sheets based on parameters from capital markets and underwriting
  • Interface with senior partners and team members and outside counsel
  • Interact with borrowers and brokers to ensure timely delivery of due diligence
  • Review legal due diligence
  • Coordinate with loan underwriters re: non-legal due diligence
  • Interact with the loan originators to ensure deal closing progresses smoothly
  • Review loan documents
  • Address borrower inquiries, and have proper judgment/experience to know when issues should be elevated
  • Ensure that loan documentation reflects the approved conditions and structures
  • Work with internal business teams to ensure transaction process follows compliance guidelines
  • Interface with asset management and post closers on new asset onboarding
Qualifications/Requirements:
  • Minimum 4 years of experience as paralegal or practicing attorney at a law firm or as a loan closer at a commercial real estate loan originator
  • Ability to read and understand commercial real estate loan documentation
  • Familiarly with credit agreements
  • Demonstrated ability to work in fast-paced, rapidly changing business environment which requires a flexible and adaptable style
  • Strong attention to detail, analytical and accuracy skills
  • Be a self-starter, have excellent verbal and written communication skills, and be proficient in Word
  • Strong understanding of [prevailing] CRE Debt Practices and market concessions as well as associated legal risks and mitigants.
The annual full time base salary range for this role is ($105,000 - $120,000). 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.

#LI-MZ1

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
Country: 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
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

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
Transaction Manager