SitusAMC Associate, Primary Servicing, Treasury Services in Leawood, Kansas
Associate, Primary Servicing, Treasury Services
Department:Commercial Real Estate
Business Unit:Situs Asset Management LLC
This role must complete complex, multifaceted assignments necessary for the proper servicing of our Client-s portfolios of commercial real estate loans and is responsible for producing concurrent professional product deliverables in a consistent and timely fashion with limited management support. Also responsible for mentoring junior staff.
Essential Job Functions:
Approve system generated reporting, queries and related client deliverables for compliance, adherence, accuracy as determined by supporting information.
Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client-s CRE loans.
Independently proof transactions (both cash and non-cash) and if applicable, initiate fund transfers due to borrowers and/or lenders in adherence with Loan Terms, Servicing Agreements and established servicing standards.
Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties.
Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate, current representation of the Borrower-s outstanding obligations to the Lender are reflected within the servicing system.
Summarize research, as needed, to comprehensively respond to inquiries from Borrowers, Lenders, Audit, Rating Agency and other authorized stakeholders.
Design and build spreadsheet templates and/or financial models, including the coding of interrelated excel formulas, data tables and macros, to analyze the loan metrics, cash flows, amortization tables and similar debt or collateral analysis, and, find and correct logic errors contained within.
Ensure compliance against Servicing Standards, internal policies, and abstracted key dates, terms/requirements from various loan and servicing documents, while identifying and addressing those provisions that warrant exception processing.
Direct the preparation of periodic reporting summaries, account reconciliations and Officer Certificates as required by the various Servicing Agreements.
Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers, as well as with special projects, and working overtime when necessary to meet Client deadlines.
Recommend process rationalization and efficiency initiatives affiliated with job responsibilities.
Assist in compiling various internal reports and assist the Asset Managers and the Portfolio Management Team with reporting to the Client.
Candidate will be assigned responsibilities with a specialized team within Servicing focusing on (but not limited to) Asset Management, Portfolio Management, Treasury Services, Escrow (including Tax or Insurance) Administration.
Responsibilities periodically require an adjusted work schedule, working more than a traditional 8 hour day, and working evening/weekend hours in order to meet deadlines.
Some periodic travel (overnight stays) may be required, with subsequent reimbursements of expenses.
Such other activities as may be assigned by your manager
Associates degree in Accounting, Finance, Real Estate, Business, or equivalent combination of education or experience
Practiced in learning new tasks and achieving goals while demonstrating profession behaviors
Some leadership experience with small groups or peers is preferable
Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action.
Experience with Excel, able to utilize multiple formulas and macros
Excellent written, verbal and electronic communication skills
Ability to work in a team environment, yet, express independent thought, with a consistent quality work product being produced
Ability to manage multiple priorities and meet multiple deadlines with minimum supervision
The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment
Responsibilities occasionally may require an adjusted work schedule, working more than a traditional 8 hour day, and working evening/weekend hours in order to meet deadlines
Some periodic travel (overnight stays) may be required, with subsequent reimbursements of expenses
Office environment with frequent computer use
Sitting for long periods of time
Hearing, talking, reaching, grasping, standing, and repetitive motions
Note: This job description is not intended to be all inclusive or exclusive. At any time, employee may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.
Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.