Director, Asset Management

SitusAMC Holdings Corporation; Overland Park (KS); On-site; USD 120,000 - 225,000; Full time

Job summary

Join a forward-thinking company where passionate individuals transform the real estate industry. This supervisory role involves managing diverse asset management functions, mentoring staff, and ensuring high-quality deliverables. You will leverage your extensive experience in loan underwriting and valuation while interacting with clients and third parties. The role promises significant career growth opportunities and a chance to make a meaningful impact in a dynamic environment. If you're ready to take the next step in your career and thrive in a collaborative setting, this position is perfect for you.

Benefits

PTO and Paid Holidays

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401K Plan

Discretionary Bonus

Qualifications

• 15+ years of relevant experience, ideally with 2+ years in an SVP role.
• Strong command of loan underwriting and real estate valuation methodologies.

Responsibilities

• Oversee asset management functions and mentor staff for performance improvement.
• Manage client expectations and serve as the primary contact for conflict resolution.

Skills

Real Estate Valuation

Loan Underwriting

Excel Skills

Communication Skills

Analytical Abilities

Leadership Skills

Problem Solving

Multitasking

Education

Bachelor’s Degree in Accounting, Finance, Real Estate, or Business

MBA

Tools

Argus Software

Job description

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!

This position is supervisory and has direct reports. This role is responsible for the overall management of multiple diverse asset management functions within Situs Asset Management (SAM). The incumbent is expected to mentor staff, develop and present solutions to address and resolve performance issues, and represent the company through client interactions. This position requires a strong command of loan underwriting and loan valuation as it relates to most property types with the ability to handle all transaction types without input from senior management. This position involves a high level of interaction and communication between management, SAM staff as well as clients and various third parties, ensuring SAM is meeting service level expectations.

Essential Job Functions:

• Oversee staff assigned to perform periodic asset reviews, reserve and construction draw reviews and other credit functions related to asset management; determine servicing requirements and key requirements as needed.
• Oversee asset management specific training for new hires and contribute to the design of content for continued education and required training hours for all asset management personnel.
• Oversee task allocation and staffing utilization for all client dedicated and pooled asset management personnel to ensure equitable distribution of labor while maintaining a high level of quality deliverables to clients.
• Ensure tasks assigned to asset management personnel are completed timely and adhere to all internal control requirements, audit standards and client requirements.
• Ensure asset management personnel receive regular feedback on performance, goal achievement and professional development.
• Possess Excel skills sufficient to perform vlookup, pivot and other functions to understand and reconcile data.
• Demonstrate and encourage continuous process evaluation to identify ways to improve efficiency, productivity, and accuracy. Draft related processes and procedures as needed.
• Relationship management with all clients and external parties. Manage client expectations, serve as primary point of contact for conflict resolution, process clarification and personnel issues; escalate to senior leadership where appropriate.
• Identify and understand client’s scope of work and how SAM can add value to the client’s business strategies.
• Ability to oversee all aspects of fieldwork as well as subject property’s competitive position and provide feedback to clients on findings and conclusions.
• Analyze and interpret legal documents associated with asset management, including loan documents and servicing agreements.
• Represent SitusAMC in resolving non-compliant issues through verbal and written communication with both internal and external parties.
• Perform QC on completed work products and communicate feedback as needed.
• Stay abreast of changes in industry standards.
• Such other activities as may be required in the normal course of business, or as assigned by management.

Qualifications/ Requirements:

• Bachelor’s degree with a preferred field of study; Accounting, Finance, Real Estate, business or equivalent combination of education and experience.
• MBA preferred
• Minimum of 15+ years of industry and/or relevant experience, typically with 2+ years in an SVP level role or external equivalent
• Proven experience in real estate, REO resolutions and workout strategies
• Thorough understanding of real estate valuation methodology, analyzing income and expense rates, property valuation and leases for all commercial property types
• Proven experience with tenant and borrower level credit overviews
• High comfort level with use of various industry related software systems including Argus advanced functionality
• Strong Excel skills
• Ability to multitask
• Strong attention to detail and accuracy
• Strong communication skills (written and oral)
• Strong analytical abilities, good judgment, strategic and process thinking
• Detail oriented
• High degree of professionalism
• Ability to work as a team player
• Pro-active approach to problem recognition and resolution
• Strong leadership skills
• Ability to manage direct reports

The annual full time base salary range for this role is $120,000.00 - $225,000.00. 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.

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.