AVP, Portfolio Management in Atlanta, GA (14544)
Job Attributes
-
Job ID
14544
-
Job Category
Asset Management - Other
-
Business Unit
Commercial Real Estate
-
Job Location
US - GA - Atlanta
Other Locations
Job DescriptionJob Attributes+
-
Job ID
14544
-
Job Category
Asset Management - Other
-
Business Unit
Commercial Real Estate
-
Job Location
US - GA - Atlanta
Other Locations
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!
Working alongside the Senior Asset Managers, this position will have day-to-day management of a diverse portfolio of loan and debt financings including construction/renovation loans, syndications, CMBS, secured and unsecured debt transactions, multi-currency, and project financings
Essential Job Functions:
- Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors and Client.
- Analyzing and interpreting loan documents and providing advice and direction to the Asset Management Team and Loan Operations teams
- Monitoring reserve and escrow accounts to ensure borrower compliance with governing documents including provisions related to budget, taxes, insurance, collateral and future funding
- Reviewing disbursement requests, monitoring draw procedures, managing flow of funds mechanics and internal loan administration
- Monitoring of construction loans including review of budgets, back-up documentation, title updates, and inspection reports. Periodic travel to inspect construction projects.
- Performing monthly waterfall calculations including the monitoring of income, operating budgets and leasing status
- Coordinate new portfolio and new loan servicing including collection of all necessary loan documents, obtaining contact information for all relevant parties and ensuring accurate boarding in the loan servicing system.
- Reconcile and review various reports including billing statements, release statements, payoff statements and remittance reports as required to ensure Hanover’s high standards are achieved in terms of quality, accuracy and completeness.
- Update and monitor loan specific information in the loan servicing system
- Flexibility in schedule with respect to meeting time sensitive client needs
- Ability to work independently on projects and collaborate ‘face to face’ as a team player.
- Handle the collection and remittance of payments
- Verification and payment of taxes and insurance
- Calculating property/unit release prices and monitoring releases
- Portfolio reporting
- Coordination with asset managers and borrowers
- Such other activities as may be assigned by your manager
Qualifications/ Requirements:
- Bachelor’s degree (accounting, business, finance, real estate) or equivalent combination of education and experience strongly preferred
- Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent
- Strong analytical, problem solving and computer skills with a thorough knowledge of excel
- Excellent written, verbal and electronic communication skills with attention to detail
- Work in a team environment yet think independently and generate quality work product with little supervision
- Manage multiple priorities and meet multiple deadlines
- Ability to approach work from more of a “transaction" basis versus “task" basis
- Understanding of real estate finance including debt and equity structures
- Excellent reading and comprehension skills
- Ability to communicate effectively both written and verbal
- Analytical skills to understand complex commercial loan documents
- Strong organizational and time management skills
- Understanding of 3rd party reports including appraisals, property condition reports, and environmental reports.
- Ability to work independently on projects and also collaborate ‘face to face’ as a team player
- Ability to work in fast-paced environment running multiple tasks under tight deadlines
- MS Office Suite including Outlook, Excel, Power Point and Word.
- MS Excel - Beginner to intermediate
Working Conditions:
- Office environment with frequent computer, mouse, keyboard use
- Alternating between sitting or standing as needed
- Hearing, talking, reaching, grasping
#LI-MS1
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:
Atlanta, GA, USA; Houston, TX, USA; Overland Park, KS, USA; Plymouth Meeting, PA, USA
Country:
USA
The annual full time base salary range for this role is ($65,000 - $110,000). 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.
Our Benefits
Powerful futures
- Annual compensation reviews
- Retirement benefits
- Education allowance program
- Matching gifts program
- Employee referral bonus programs
- Other region-specific incentives
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
Powerful health
- Robust medical & other insurance plans
- Personal & family wellness benefits
- Savings programs & discounts for health expenses
- Disability, accident & life insurance
What it’s like to
Be part of the Commercial Real Estate team
Working alongside top talent in the commercial real estate industry, you’ll help guide leading organizations through the entire commercial real estate lifecycle, from originations and secondary market activity to valuations, loan servicing and asset management.
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.
Atlanta, GA
AVP, Portfolio Management
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
Atlanta, GA
AVP, Portfolio Management
