What are the responsibilities and job description for the Vice President, Originations position at SitusAMC?
SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.
At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!
Our client is the Commercial Real Estate Finance group within the investment bank of a premier European-based global financial services institution located in New York City. Their real estate group is consistently ranked among the top-10 global and US real estate lenders, and they consistently look to grow their platform and expand into new product
Position Overview:
We are looking for a Vice President to support a leading originator and their team in screening, sizing, structuring, underwriting and documentation of potential CMBS Conduit CRE loan opportunities. In this role, you will be responsible for completing the full loan due diligence and assisting with the preparation of Asset Summary Reports required for securitization. Given our client's unique culture and structure, candidates will be exposed to the full-breadth of conduit loan originations, pricing, capital markets and other activities in commercial real estate lending and securitization.
Essential Job Functions:
- Provide analytical support in the screening, sizing, structuring, underwriting and closing of commercial real estate loans
- Work closely with more senior underwriters in the preparation of credit committee reports with cash flow, risks and strengths, borrower / sponsor, and market analysis
- Perform site inspections, determine appropriate market comparables for property valuation and asset summary report, and complete tenant analyses
- Review third party reports, property leases, and financial statements as part of the due diligence process
- Assist with loan closings and procure needed closing items
Qualifications/Requirements:
- Bachelor’s degree from an accredited institution
- 6 years’ experience in CMBS loan underwriting or similar
- Excellent communication skills, willingness to work as part of a larger team
- Strong financial modelling / excel skills
- This position must possess and maintain a current, valid Driver License
#LI-MZ1
The annual full time base salary range for this role is ($180,000 - $250,000). Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; 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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SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
Job Location:
New York, NY, USA
Salary : $180,000 - $250,000
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