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SitusAMC · 5 hours ago

Vice President, Securitization

New York, NY

Full-time

Onsite

Mid, Senior Level

$200K/yr - $240K/yr

7+ years exp

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. The successful candidate for the Vice President role will provide analytical support in the underwriting and closing of commercial real estate loans or securitizations, managing multiple transactions under tight timelines.

Financial ServicesOutsourcing

Responsibilities

Provide analytical support in the underwriting and closing of commercial real estate loans or securitizations on behalf of our clients

Review, analyze and/or interpret financial operating statements, rent rolls, third party reports, tenant lease agreements, surveys, title reports, zoning reports, property insurance policies, credit reports, and other due diligence requirements

Compiles excel data tapes by populating required fields, which will include (but are not limited to): loan terms, property data, third-party data, tenant information, and cash flows

Clear exception reports and update data tapes based on exception listings sent by clients and/or accounting firms

Research, analyze and summarize tenant level information including financial trends and credit ratings or stock market capitalization

Prepare market and property summary information using third party document reports, including Appraisals and CoStar reports

Populate Offering Document pool information for CMBS securitization deals

Work with accountants in clearing exceptions in the excel accounting tape, Term Sheets, Offering Documents and Annex Footnotes

Write property, market, borrower/sponsor descriptions, and third-party report summaries that will be included in credit memos and asset summary reports

Prepare and tie out short-form Asset Summary Reports and final post-closing Asset Summary Reports and Underwriting Files

Manage interactions and securitizations directly with clients

Such other activities as may be assigned by your manager

Qualification

CMBS SecuritizationCommercial Real EstateFinancial AnalysisExcel ModelingBusiness WritingDue DiligenceRisk ManagementCommunication Skills

Required

Bachelor's degree in accounting, Finance, Real Estate, or Business/or the equivalent combination of education and experience

Experienced professional with 2+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent

7+ years' experience in CMBS Securitization in industry sectors, such as banking, rating agencies or accounting preferred

Familiarity with commercial real estate, due diligence process, commercial lending policies, securitization and credit and risk management policies

Full understanding of property sectors (office, retail, industrial, hotel, multifamily) and their different investment characteristics and an ability to see the 'big picture' in commercial real estate and capital markets finance transactions

Excellent Excel and cash flow modeling skills

Strong business writing skills

Strong communication skills

Depending on deal flow, this position may require long workdays and weekend work as needed