VP, Asset Management

$120,000 - $150,000/Yr

SitusAMC - Bismarck, ND

Full-time - Senior

Bismarck, ND

Real Estate

About the position

The VP of 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 portfolio strategies, customized reporting, and maintaining high-quality performance within the Asset Management Team.

Responsibilities

• Manage a client's portfolio post-acquisition as the primary point of contact.
• Oversee multiple servicers, trusts, and strategic portfolio initiatives simultaneously.
• Coordinate servicing transfers and operational reviews.
• Conduct 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.
• Perform quantitative and qualitative analysis, including reviews of loan documentation and compliance assessments.
• Develop portfolio campaign strategies and customized reporting.
• Ensure overall 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.
• Experience in mortgage/secondary market preferred.
• 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.
• Ability to multitask and work well in a team environment.

Nice-to-haves

• Experience with servicing workflow enhancements and quality control processes.
• Demonstrated professional behavior and teamwork.

Benefits

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