SitusAMC

Associate, Collateral Operations

SitusAMC

full-time

Posted on:

Location Type: Hybrid

Location: Overland Park • Kansas • Texas • United States

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Salary

💰 $56,000 - $75,000 per year

About the role

  • Approve system generated reporting, queries and related client deliverables for compliance, adherence, accuracy as determined by supporting information
  • Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client’s CRE loans
  • Independently proof transactions (both cash and non-cash) and if applicable, initiate fund transfers due to borrowers and/or lenders in adherence with Loan Terms, Servicing Agreements and established servicing standards
  • Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties
  • Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate, current representation of the Borrower’s outstanding obligations to the Lender are reflected within the servicing system
  • Summarize research, as needed, to comprehensively respond to inquiries from Borrowers, Lenders, Audit, Rating Agency and other authorized stakeholders
  • Design and build spreadsheet templates and/or financial models, including the coding of interrelated excel formulas, data tables and macros, to analyze the loan metrics, cash flows, amortization tables and similar debt or collateral analysis, and, find and correct logic errors contained within
  • Ensure compliance against Servicing Standards, internal policies, and abstracted key dates, terms/requirements from various loan and servicing documents, while identifying and addressing those provisions that warrant exception processing
  • Direct the preparation of periodic reporting summaries, account reconciliations and Officer Certificates as required by the various Servicing Agreements
  • Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers, as well as with special projects, and working overtime when necessary to meet Client deadlines
  • Recommend process rationalization and efficiency initiatives affiliated with job responsibilities
  • Assist in compiling various internal reports and assist the Asset Managers and the Portfolio Management Team with reporting to the Client
  • Candidate will be assigned responsibilities with a specialized team within Servicing focusing on (but not limited to) Asset Management, Portfolio Management, Treasury Services, Escrow (including Tax or Insurance) Administration

Requirements

  • Associates degree in Accounting, Finance, Real Estate, Business, or equivalent combination of education and experience
  • Experienced professional with 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
  • Practiced in learning new tasks and achieving goals while demonstrating profession behaviors
  • Some leadership experience with small groups or peers is preferable
  • Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action
  • Experience with Excel, able to utilize multiple formulas and macros
  • Excellent written, verbal and electronic communication skills
  • Ability to work in a team environment, yet, express independent thought, with a consistent quality work product being produced
  • Ability to manage multiple priorities and meet multiple deadlines with minimum supervision
Benefits
  • PTO and paid holidays
  • Eligibility for various benefit plans including medical, dental, vision, life, disability insurance and 401K
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial modelingdata analysistransaction proofingexception processingaccount reconciliationreport generationloan servicingcash flow analysisamortization tableslogic error correction
Soft Skills
communicationteamworkproblem-solvingleadershiptime managementproactive behaviorattention to detailadaptabilitycollaborationprofessionalism
Certifications
Associates degree in AccountingAssociates degree in FinanceAssociates degree in Real EstateAssociates degree in Business