Residential Mortgage Transaction Manager, Associate
$125k - $140kThe Situs Companies
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 OverviewApollo Global Management seeks a Residential Mortgage Transaction Manager, Associate for its El Segundo, CA based headquarters. This new role reflects the expansion of Apollo’s Residential Mortgage platform, with a focus on residential transition loans (RTL), single-family rental (SFR), land banking and other residential mortgage loans. The Associate will own post-closing transaction management and surveillance across the book, working closely with internal teams and external clients to support the daily demand of Residential Mortgage business. The role will require advanced skills in Excel and general fluency with residential and commercial contracts, comfort reconciling large servicer data files against bank-account activity, mortgage loan documents, remittance reports, funding schedules, and agreements. This is an excellent opportunity for a detail-oriented professional with a strong foundation in real estate finance who thrives in a fast-paced, collaborative environment.Position requires in office four days per week.Primary ResponsibilitiesDevelop and execute counterparty surveillance procedures to monitor seller, servicer, and originator performance and compliance with transaction agreementsMonitor portfolio performance, identify collateral and servicing exceptions, and enforce repurchase and buyback rights when applicableOversee the monthly remittance and waterfall review process, validating cash flows, payment allocations, and servicing calculationsReconcile monthly servicer remittance reports against bank and collection accountsMonitor controlled deposit, collection, and reserve accounts to confirm sweeps, identify misdirected funds, and flag custodial or DACA irregularitiesConduct detailed reviews of Residential Transitional Loan (RTL) draw requests to ensure compliance with loan terms and funding requirementsPartner with internal stakeholders, including Accounting, Operations, and Back office in setting up new investments and ensure accurate reporting in trade booking softwareMonitor facility-level triggers and covenants-including delinquency and credit event triggers, sponsor financial covenants, and amortization or cash-trap events and escalate actual or approaching breaches to deal terms and managementProvide analytical support, risk management, and operational oversight to meet servicing requirementsResearch and resolve loan-related issues by collaborating across departmentsSupport management with special projects, process improvement initiatives, and other responsibilitiesQualifications & ExperienceBachelor’s degree in business, finance, or a related field (or equivalent work experience)3–5 years of relevant experience in loan servicing, mortgage operations, or real estate financeProficiency in Microsoft OfficeExcellent written and verbal communication skillsSelf-starter who thrives in a dynamic environment and requires minimal supervisionStrong organizational, problem-solving, and analytical skills with a high attention to detailAbility to build effective relationships and collaborate across departmentsKnowledge of real estate finance, investments, accounting, and insurance principles preferred.#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 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$125,000.00 - $140,000.00Specific 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 ProvisionSitusAMC 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 IllegalSummaryLocation: Los Angeles, CAType: Full time
$125k - $140k
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