VP, Asset Management

$120,000 - $150,000/Yr

SitusAMC - Concord, NH

Full-time - Mid Level

Concord, NH

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 performance reporting. The position requires strong analytical skills and the ability to manage complex data and client relationships effectively.

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.
• Perform remittance and data reconciliations, and render workout decisions.
• Identify servicing performance irregularities and drive enhancements with servicers.
• Collaborate with diligence and collateral services teams to define asset-level strategies post-settlement.
• Develop customized reporting and portfolio campaign strategies.
• Ensure quality and performance of the Asset Management Team.
• Maintain visibility into the status of every deal and ensure appropriate reviews are performed in the system.
• Raise potential issues regarding performance and timelines to management.

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, 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.
• Demonstrated professional behavior and teamwork.

Nice-to-haves

• Experience with quantitative and qualitative analysis.
• Familiarity with GSE and regulatory compliance guidelines.

Benefits

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