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VP, Asset Management

$180k - $220k

SitusAMC Holdings Corporation

This role is responsible for the overall management of a client’s portfolio once acquired, acting as a primary point of contact for all portfolio management, servicing oversight, servicing transfer, and asset strategy deployed by the company on behalf of a client. The position oversees multiple servicers, trusts, and strategic portfolio initiatives simultaneously across all asset classes. The responsibilities include, but are not limited to, coordinating servicing transfer, operational review, remittance reconciliation, data reconciliation, rendering workout decisions, identifying servicing performance irregularities or exceptions, and driving enhanced performance by a client’s servicer. The role also coordinates with the company’s diligence and collateral services teams to define asset-level strategies and curative efforts post-settlement, incorporating loan-level due diligence findings. Additional responsibilities include meeting client objectives established, developing portfolio campaign strategies, producing customized reporting, and managing projects. The overall quality and performance of the Asset Management Team is also the responsibility of this position. Regular client collaboration, servicer engagement, and reporting of portfolio performance are expected. Position requires in office 3 days a week. Essential Job Functions Maintain visibility into the status of every deal by ensuring the reviews are performed appropriately in the system. Ability to work with Excel performing VLOOKUP, pivot, and other functions to understand and reconcile data. Raise potential issues (performance, timeline, etc.) to management attention (VP, SVP, etc.). Verify, where appropriate, that critical exceptions are correctly applied. Identify performance trends and potential enhancements so that such items can be analyzed and potentially incorporated into servicer processes or internal system changes. Perform other activities as may be assigned by the manager. Qualifications / Requirements College degree/training in finance/mortgage banking preferred or equivalent combination of education and experience. Minimum of 8+ years of industry and/or relevant experience, typically with 2+ years in an AVP level role or external equivalent. Mortgage/secondary market experience or equivalent combination of education and experience preferred. Commercial real estate asset management experience is required. Demonstrated ability to work well with staff clients if needed. Strong Excel skills. Team-oriented. Ability to multitask. Excellent PC skills and high proficiency in Microsoft products. Strong communication (written and oral) skills. Strong analytical ability, good judgment, strategic and multidimensional thinker. Detail-oriented and organized. Demonstrate professional behavior and teamwork, punctual, dependable. The annual full-time base salary range for this role is $180,000.00 - $220,000.00. Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location, and alignment with market data. Certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility, and Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full-time employees are also 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 #J-18808-Ljbffr

Vacancy posted 3 days ago
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