SVP, Asset Management

$140,000 - $175,000/Yr

SitusAMC - Lansing, MI

posted 5 days ago

Full-time - Mid Level
Lansing, MI
Real Estate

About the position

The Lead Asset Manager at SitusAMC is responsible for the overall management of a client's portfolio, acting as the primary point of contact for portfolio management, servicing oversight, and asset strategy. This role involves overseeing multiple servicers and strategic initiatives, ensuring client objectives are met through effective collaboration and reporting. The position requires strong analytical skills and the ability to manage complex data and performance metrics to enhance servicer performance and drive portfolio value.

Responsibilities

  • Act as the primary point of contact for all portfolio management and servicing oversight.
  • Oversee multiple servicers, trusts, and strategic portfolio initiatives simultaneously.
  • Coordinate servicing transfers and operational reviews.
  • Perform remittance and data reconciliation.
  • Render workout decisions and identify servicing performance irregularities.
  • Drive enhanced performance by the client's servicer.
  • Collaborate with diligence and collateral services teams to define asset-level strategies post-settlement.
  • Develop portfolio campaign strategies and customized reporting.
  • Manage project functions and ensure quality performance of the Asset Management Team.
  • Maintain visibility into the status of every deal and ensure appropriate reviews are performed.

Requirements

  • College degree or training in finance/mortgage banking preferred.
  • Minimum of 8+ years of industry experience, with at least 2+ years in an AVP level role or equivalent.
  • Commercial real estate asset management experience is required.
  • Strong Excel skills, including VLOOKUP and pivot tables.
  • Excellent communication skills, both written and oral.
  • Strong analytical ability and good judgment.
  • Detail-oriented and organized with the ability to multitask.

Nice-to-haves

  • Experience in mortgage/secondary market preferred.
  • Demonstrated ability to work well with staff and clients.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • 401K
  • Paid time off (PTO)
  • Paid holidays
  • Discretionary bonus eligibility.
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