SitusAMC Analyst, Asset Management in Leawood, Kansas
Analyst, Asset Management
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Member of the Asset Management team that is responsible for managing, monitoring and reporting on the performance of a $90B+ portfolio of largely transitional commercial real estate loans. This role will involve working closely with the Situs Asset Management Team and Servicing team to deliver accurate, timely and consistently high-quality services. Candidates should possess strong analytical skills, advanced Excel skills and a basic understanding of real estate finance, terminology and performance metrics.
Essential Job Functions:
•Reconcile and review various reports including monthly portfolio statistics, remittance reconciliations, and quarterly asset reports as required to ensure Situs high standards are achieved in terms of quality, accuracy and completeness
•Monitor the collection of required financial reporting from Borrowers; including, but not limited to, property operating statements (Income statements, balance sheets, aged receivables), rent rolls, STR reports, and guarantor/borrower financials
•Aggregating and compiling property level information into portfolio-wide statistics and presentation materials.
•Assist Asset Managers with quarterly lender reports, including inputting financials, updating rent rolls, and obtaining updated market information.
•Maintain client watchlists detailing property performance, market trends, recent leasing at the property, and any other significant findings.
•Analysis of property operating statements, including noting significant changes in income and expenses.
•Review rent rolls, including noting any upcoming lease terminations, renewals, and any free rent periods for tenants.
•Performing covenant tests regarding debt service coverage ratio, debt yield, loan-to-value, and guarantor net worth hurdles.
•Support asset management team in their daily responsibilities
•Assist in preparation of various ad-hoc reports
•Such other activities as may be assigned by your manager
•Education: A bachelor’s degree in finance, accounting or related subjects or equivalent combination of education and experience
•Experience/knowledge and characteristics required for role: 0- 2 years of experience in commercial real estate, auditing, or data analytics.
•Experience in Commercial Real Estate Asset Management a plus
•Advanced knowledge in MS Office Suite including Outlook, Excel, Power Point and Word
•Strong analytical and computer skills with a thorough knowledge of Excel including the ability to perform cash flow analyses.
•Must be able to work efficiently with large datasets to process and present results as requested
•Experience with ARGUS, DCF valuation models, and sale/lease comps is a plus
•Ability to work in a team environment, to think independently and generate quality work product
•Ability to manage multiple priorities and meet tight deadlines
•Adhere to processes and procedures but suggest and implement improvements when warranted
•Attention to detail is a must
•Strong reading comprehension
•Strong business writing, presentation, and interpersonal skills
•The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment
•Office environment with frequent computer, mouse, keyboard use
•Alternating between sitting or standing as needed
•Hearing, talking, reaching, grasping
The base salary range for this role is $41,600 to $75,000. Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, equity with other team members, and alignment with market data. All full-time employees also are eligible to participate in various benefit plans, including 401K, medical, dental, vision, life, and disability insurance, in each case in accordance with the terms of the applicable plans.
Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.
SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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