Vice President, Transaction Management

Vice President Transaction Services

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!

The general role of the Vice President in the Transaction Services area is to manage the legal, due diligence, and closing process for loan originations and other credit investments. The Transaction Manager participates as a key team member in the overall loan origination (and modification) process. This individual will perform a business role in overseeing all legal and closing activities including due diligence and closing process for loan originations and other credit investments.

Essential Job Functions :

Manage documentation, closing, and syndication needs of a diverse portfolio of commercial real estate loans.

Provide subject matter expertise on complex commercial real estate transactions identifying potential issues and solutions.

Engage with and manage external counsel in the preparation and finalization of loan documents, all in accordance with policy, credit standards, and deal approvals.

Oversee the review of environmental, engineering, and other third-party reports as appropriate in coordination with the originations team.

Work closely with the Transaction Coordinator to ensure due diligence procedures and disciplines are being consistently applied.

Assess legal and due diligence issues, evaluate risks and develop possible solutions / recommendations in conjunction with legal counsel and third-party consultants.

Actively participate in and oversee checklist and status calls to discuss status of transactions, issues, risks, and recommended solutions.

Actively participate in investment committee meetings to address issues and provide recommendations as appropriate.

Work with Transaction Coordinator and outside counsel to ensure compliance with client requirements.

Manage the closing process through collection of funds from client and close of escrow by the title company.

Remain engaged throughout the life of each loan, overseeing loan modifications, workouts, and the pursuit of remedies, as applicable.

This position will supervise Transaction Coordinators on each assigned transaction.

Other duties as assigned.

Qualifications / Requirements :

• J.D. required.
• Preference for bachelor's degree in real estate or business administration.
• Minimum 7 years of experience as outside counsel representing institutional lenders in connection with the origination and closing of commercial mortgage loans. Experience in syndicated loan transactions, mezzanine loan financings, repurchase agreements, loan securitizations, and preferred equity investments preferred.
• Must have a working knowledge of commercial mortgage loan fundamentals, commercial mortgage loan documentation, real estate law, and standard loan due diligence disciplines.
• Ability to make decisions and evaluate situations independently and as appropriate, together with external counsel and deal team members, to develop and implement efficient and appropriate solutions to issues.
• Ability to identify, assess, and mitigate risks relating to loan diligence, documentation, and / or closing processes, and ensure adherence to rules and regulations, internal policies and procedures.
• Strong and effective analytical, decision-making, organizational, communication, and customer service skills, as well as close attention to detail.

Note : 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.

The annual full time base salary range for this role is $260,000.00 - $350,000.00. 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.