SVP, Asset Management

$140,000 - $175,000/Yr

SitusAMC - Boise, ID

Full-time - Mid Level

Boise, ID

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 various tasks simultaneously while maintaining high-quality performance within the Asset Management Team.

Responsibilities

• Manage a client's portfolio post-acquisition, serving as the primary contact for all portfolio management activities.
• Oversee multiple servicers, trusts, and strategic portfolio initiatives simultaneously.
• Coordinate servicing transfers and conduct operational reviews and remittance reconciliations.
• Identify servicing performance irregularities and drive enhancements in servicer performance.
• Collaborate with diligence and collateral services teams to define asset-level strategies post-settlement.
• Perform quantitative and qualitative analysis, review loan documentation, and ensure compliance with GSE and regulatory guidelines.
• Develop portfolio campaign strategies and customized reporting for clients.
• Maintain visibility into the status of every deal and ensure appropriate reviews are performed in the system.
• Utilize Excel for data reconciliation and analysis, including VLOOKUP and pivot tables.
• Raise potential issues regarding performance and timelines to management attention.

Requirements

• College degree or training in finance/mortgage banking preferred or equivalent experience.
• Minimum of 8+ years of industry experience, with at least 2+ years in an AVP level role or equivalent.
• Experience in mortgage/secondary market preferred.
• Commercial real estate asset management experience is required.
• Strong Excel skills and proficiency in Microsoft products.
• Excellent written and oral communication skills.
• Strong analytical ability and strategic thinking skills.
• Detail-oriented and organized with the ability to multitask.

Nice-to-haves

• Experience working with clients and staff effectively.
• Demonstrated professional behavior and teamwork.

Benefits

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