Specialist I, CRE

job
  • SitusAMC
Job Summary
Location
Columbia ,SC 29228
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
03 Dec 2024
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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.nnAt 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!nnThis role is responsible for the delivery of real estate analysis, CMBS and other commercial real estate loan underwriting and debt consulting services. This role manages multiple transactions with multiple clients under tight timelines and may hold “player-coach” or direct supervisory responsibilities. This position will also require subject matter expertise related to work products under management and ability to complete quality control and provide deal risk assessments.nnEssential Job Functions:nnApply subject matter expertise to production, quality control, and/or training to junior staff in one or more of the following skills:nnReview, analyze, and summarize financial operating statements, rent rolls, personal financial statements, credit reports, credit ratings, stock market capitalization, general ledger reports, business operating statements, and other financial due diligence.nnReview, analyze, and summarize loan documents, lease documentation, organizational structure documents, property insurance policies, and other legal due diligence.nnReview, analyze, and summarize market and submarket information including inventory, absorption, new/proposed development, rent and vacancy trends, population demographics, and other market data determined as relevant to the industry.nnReview, analyze, and summarize information from appraisal, engineering report, seismic report, environmental report, zoning report, plot maps, and other technical reports used within the industry.nnPerform site inspections, determine appropriate market comparables for property valuation and asset summary report, and complete tenant analysesnnAssist with loan closings and procure needed closing itemsnnConduct telephone interviews to solicit market data with brokers, appraisers, investors, tenants, and other market participantsnnParticipate in credit committee calls.nnAssist in developing value conclusions for all property types.nnUpdate or create complex cash flow modeling using Argus or equivalent industry software.nnMonitor loan performance through loan covenant testing, escalating default concerns within written reports.nnReview construction invoices and progress to determine the qualification of disbursement of funds based on loan document covenants.nnPerform audit of accounts payable and accounts receivable documentation to verify appropriate use of business funds.nnWork directly with accounting firms on tape tie out and data discrepancies within origination documentation and loan documentation.nnIdentify and define data provided (“crack” the tape) for portfolio trading/securitization transactions, determine high risk loans based on limited information provided.nnOther specific tasks assigned based on business productnnSuch other activities as assigned by your managernnQualifications/ Requirements:nnBachelor’s degree (Accounting, Finance, Real Estate, Business) and relevant internship experience strongly preferred.nnEntry-level support staff with 0-2 years of relevant experience.nnExperience in real estate related or financial services industry, such as appraisal, brokerage, or banking primarily focused on commercial properties required, or equivalent combination of education and experience.nnComprehensive knowledge and understanding of real estate, due diligence process, lending policies, and credit and risk management policiesnnFull understanding of property sectors (office, retail, industrial, hotel, multifamily, residential) and their different investment characteristics and an ability to see the "big picture" in real estate and capital markets finance transactionsnnExcellent Excel and cash flow modeling skills and strong business writing skillsnnExcellent organization skills/detail orientednnExcellent verbal and written communication skillsnnTime Management: Ability to manage multiple deadlines and multiple tasksnnAbility to manage variable internal and client driven deadlinesnnDemonstrate the ability to critically think through issues and apply industry knowledge, assess risks, and work independently to resolve issue with some support from senior underwriters and associatesnnNote: 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 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.nnThe annual full time base salary range for this role isnn$25.00 - $25.00nnSpecific 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.nnPay Transparency Nondiscrimination Provision ( 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.nnKnow Your Rights, Workplace Discrimination is Illegal ( 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.

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