SVP, Asset Management

$140,000 - $175,000/Yr

SitusAMC - Bismarck, ND

Full-time - Senior

Bismarck, ND

Real Estate

About the position

The SVP, Asset Management at SitusAMC is responsible for the overall management of a client's portfolio post-acquisition. This role serves as the primary contact for portfolio management, overseeing multiple servicers and strategic initiatives across various asset classes. Key responsibilities include coordinating servicing transfers, operational reviews, and performance enhancements, while ensuring compliance with regulatory guidelines. The position also involves developing customized reporting and project management functions to meet client objectives and enhance the performance of the Asset Management Team.

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 a client's servicer.
• Collaborate with diligence and collateral services teams to define asset-level strategies post-settlement.
• Conduct quantitative and qualitative analysis, including reviews of loan documentation and compliance assessments.
• Develop portfolio campaign strategies and customized reporting.
• Manage project functions and ensure quality and performance of the Asset Management Team.

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 strategic thinking.
• Detail-oriented and organized with good judgment.
• Ability to multitask and work well in a team environment.

Nice-to-haves

• Mortgage/secondary market experience 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.