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SitusAMC · 15 hours ago

Vice President, CMBS Securitization

New York, NY

Full-time

Onsite

Mid, Senior Level

$200K/yr - $225K/yr

7+ years exp

SitusAMC is a company dedicated to transforming client businesses and careers in the Real Estate Industry. The Vice President, CMBS Securitization will be responsible for significant facets of securitization of commercial real estate loans, including legal document preparation and coordination with investors and rating agencies.

Financial ServicesOutsourcing

Responsibilities

Responsible for significant facets of securitization of commercial real estate loans, including review of Pooling and Servicing Agreements and offering memoranda, review of intercreditor agreements relating to mezzanine loans and other sub-debt and participation agreements Prepare loan files, legal documents, asset summary reports, third party reports, schedules, and data tapes for B-piece investor and rating agency due diligence review of CMBS securitized transactions

Work with securitization counsel on large loan summaries, risk factor collateral disclosures, and rep exceptions for prospectus supplements

Participate in presentations and discussions with B piece investors and rating agencies regarding loan structure, sponsorship, legal, property, market, and underwriting issues

Facilitate responses to investor and rating agency Q&A and coordinate follow up calls

Coordinate on-going dialog with rating agencies, accountants, B buyers and clients

Aid in the preparation of materials for critical internal and external initiatives, on an ad hoc basis

Qualification

CMBS experienceSecuritization knowledgeMicrosoft Excel proficiencyReal estate understandingPrioritizeFast-paced work ability

Required

Bachelor's degree from a recognized institution

7-10 years' experience in CMBS related work at an accounting firm, or a similar role at another large bank. Undergraduates with relevant coursework and/or internship experience will be considered

Understanding of real estate and securitization concepts and terminology

Proficiency in Microsoft Excel and experience managing large spreadsheets and data tapes

Ability to prioritize and meet multiple deadlines

Ability to work in a fast paced, demanding environment

Preferred

Familiarity with securitization offering documents (Securitization Term Sheets, OC/OMs, etc.), mortgage loan legal documents including Third-Party reports (Appraisals, PCAs, ESAs etc.) is appreciated