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!

Member of the Asset Management team that is responsible for managing, monitoring and reporting on the performance of a $90B+ portfolio of largely transitional commercial real estate loans.  This role will involve working closely with the Situs Asset Management Team and Servicing team to deliver accurate, timely and consistently high-quality services. Candidates should possess strong analytical skills, advanced Excel skills and a basic understanding of real estate finance, terminology and performance metrics.

Essential Job Functions:  

Reconcile and review various reports including monthly portfolio statistics, remittance reconciliations, and quarterly asset reports as required to ensure Situs high standards are achieved in terms of quality, accuracy and completeness  

Monitor the collection of required financial reporting from Borrowers; including, but not limited to, property operating statements (Income statements, balance sheets, aged receivables), rent rolls, STR reports, and guarantor/borrower financials 

Aggregating and compiling property level information into portfolio-wide statistics and presentation materials. 

Assist Asset Managers with quarterly lender reports, including inputting financials, updating rent rolls, and obtaining updated market information. 

Maintain client watchlists detailing property performance, market trends, recent leasing at the property, and any other significant findings. 

Analysis of property operating statements, including noting significant changes in income and expenses.  

Review rent rolls, including noting any upcoming lease terminations, renewals, and any free rent periods for tenants. 

Performing covenant tests regarding debt service coverage ratio, debt yield, loan-to-value, and guarantor net worth hurdles. 

Support asset management team in their daily responsibilities 

Assist in preparation of various ad-hoc reports 

Such other activities as may be assigned by your manager 

 

Qualifications/ Requirements: 

Education: A bachelor’s degree in finance, accounting or related subjects or equivalent combination of education and experience 

Entry level professional with 0-2 years of industry and/or relevant experience, typically at an Analyst level role or external equivalent

Experience in Commercial Real Estate Asset Management a plus 

Advanced knowledge in MS Office Suite including Outlook, Excel, Power Point and Word 

Strong analytical and computer skills with a thorough knowledge of Excel including the ability to perform cash flow analyses.  

 Must be able to work efficiently with large datasets to process and present results as requested 

Experience with ARGUS, DCF valuation models, and sale/lease comps is a plus 

Ability to work in a team environment, to think independently and generate quality work product 

Ability to manage multiple priorities and meet tight deadlines 

Adhere to processes and procedures but suggest and implement improvements when warranted 

Attention to detail is a must 

Strong reading comprehension 

Strong business writing, presentation, and interpersonal skills

#LI-CB1

#LI-Hybrid

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

$70,000.00 - $75,000.00

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.