Vice President, Asset Management

SitusAMC; Dallas (TX); Hybrid; USD 180,000 - 220,000; Full time

Benefits offered by this job

Paid time off

Paid holidays

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) plan

Job summary

SitusAMC is seeking an experienced Asset Management professional to lead portfolio management and servicing oversight for a major client in the United States. The role involves coordinating servicers, transfers, data reconciliation, and asset-level strategies to optimize performance across asset classes.

Ideal candidates have 8+ years of industry experience, strong Excel and communication skills, and a background in commercial real estate asset management.

Qualifications

• Minimum 8+ years of industry experience, typically with 2+ years in an AVP level role or external equivalent.
• Mortgage/secondary market experience or equivalent preferred.
• Commercial real estate asset management experience is required.
• Strong Excel skills and Microsoft Office proficiency.

Responsibilities

• Oversee multiple servicers, trusts, and strategic portfolio initiatives across all asset classes.
• Coordinate servicing transfer, operational review, remittance reconciliation, data reconciliation, and workout decisions.
• Drive enhanced performance by the client’s servicer.
• Coordinate with diligence and collateral services teams to define asset level strategies after settlement.
• Perform quantitative and qualitative analysis, review loan documentation and reporting, and assess compliance with guidelines.
• Develop portfolio campaign strategies, customized reporting, and project management.
• Ensure overall quality and performance of the Asset Management Team.
• Maintain visibility into the status of every deal and ensure system reviews are performed.

Skills

Analytical ability

Multitasking

Communication skills

Team oriented

Education

College degree in finance/mortgage banking

Tools

Microsoft Excel

Job description

Position Overview

Pelium Real Estate Asset Management, LLC (Pelium) is a leading asset management platform dedicated to supporting Apollo’s commercial real estate financing business in the United States. This role is responsible for the overall management of a client’s portfolio after acquisition, acting as the primary point of contact for all portfolio management, servicing oversight, servicing transfer, and asset strategy.

Key Responsibilities

• Oversee multiple servicers, trusts, and strategic portfolio initiatives across all asset classes.
• Coordinate servicing transfer, operational review, remittance reconciliation, data reconciliation, rendering workout decisions, and identify servicing performance irregularities or exceptions.
• Drive enhanced performance by the client’s servicer.
• Coordinate with the company’s diligence and collateral services teams to define asset level strategies and curative effort post settlement.
• Perform quantitative and qualitative analysis, review loan documentation and reporting, and assess compliance with GSE and regulatory guidelines.
• Develop portfolio campaign strategies, customized reporting, and project management functions.
• Ensure overall quality and performance of the Asset Management Team.
• Maintain visibility into the status of every deal by ensuring reviews are performed appropriately in the system.
• Work with Excel (VLOOKUP, pivot, etc.) to understand and reconcile data.
• Raise potential issues (performance, timeline, etc.) to management (VP, SVP, etc.).
• Verify critical exceptions are correctly applied when appropriate.
• Identify performance trends and potential enhancements for servicer processes or internal system changes.
• Other activities as assigned by the manager.
• Position requires working in office 3 days a week.

Qualifications

• College degree in finance/mortgage banking preferred or equivalent combination of education and experience.
• Minimum 8+ years of industry experience, typically with 2+ years in an AVP level role or external equivalent.
• Mortgage/secondary market experience or equivalent preferred.
• Commercial real estate asset management experience is required.
• Strong Excel skills.
• Team oriented, able to multitask.
• Excellent PC skills and high proficiency in Microsoft products.
• Strong written and oral communication skills.
• Strong analytical ability, good judgment, strategic and multidimensional thinker.
• Detail oriented and organized.
• Professional behavior, punctual, dependable.

Compensation & Benefits

The annual full-time base salary range for this role is $180,000.00 - $220,000.00. Compensation is determined through interviews and review of education, experience, training, and market data. Certain positions may be eligible for discretionary bonuses. SitusAMC offers PTO, paid holidays, medical, dental, vision, life, disability insurance, and a 401(k) plan.

Equal Opportunity Employer

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.