What are the responsibilities and job description for the Associate, Portfolio Reporting position at SitusAMC?
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! Through direct employment at its third-party asset management services provider, Apollo’s Commercial Real Estate Debt Group is seeking an Associate to join its asset management team. The successful candidate will be a key member of a portfolio reporting team that predominantly focuses on analyzing and reporting on a global commercial real estate credit portfolio in excess of $40 billion. The position reports into Apollo’s Global Head of Commercial Real Estate Asset Management. The candidate will be exposed to a broad range of lending products (mortgages, mezzanine, b-notes, construction loans, CMBS), CRE product types (office, retail, hotels, industrial) and structures (insurance companies, REITs and managed accounts). The candidate will also work closely with Apollo’s asset management, originations team, investor relations, legal, outside accounting firm and several outside vendors. This unique opportunity affords the candidate a dynamic view into the various reporting and accounting aspects of the commercial real estate credit, while also learning the business through coordination with various internal and external teams.
Essential Job Functions:
Prepare monthly, quarterly and annual reporting on current commercial real estate debt portfolio
Responsible for all ad-hoc and recurring requests/projects related to portfolio
Focus on enhancing various internal reporting systems and reports
Operate key internal trackers that monitor risk metrics, current and repaid investments, loan performance (i.e. Loan-to-Value, Debt Yield, DSCR, etc.) and other loan terms
Interaction and coordination with multiple groups such as Asset Management, Finance, Investment Team and Investor relations
Leverage dedicated third-party loan servicing and asset management team for basic portfolio reporting tasks
Compute and report IRRs for realized and in-place investments
Other activities as may be assigned by your manager
Qualifications/ Requirements:
Bachelor’s degree from an accredited institution required
Experienced professional with 5 years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent.
4 - 6 years of finance experience; particularly in real estate asset management or portfolio reporting
Exceptional technical skills related to information technology and systems
Strong computer skills and thorough knowledge of Excel, PowerPoint and Word
Individual should have an interest in the credit/real estate markets
Individual must have strong drive and initiative
Individual must be collaborative to effectively liaise with various internal departments and colleagues as well as able to work independently
Well-developed sense of ownership and accountability
Excellent attention to detail
Role requires individual to be nimble and flexible to balance multiple tasks simultaneously
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 $125,000.00 - $150,000.00
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.
Pay Transparency Nondiscrimination Provision
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.
Know Your Rights, Workplace Discrimination is Illegal
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! Through direct employment at its third-party asset management services provider, Apollo’s Commercial Real Estate Debt Group is seeking an Associate to join its asset management team. The successful candidate will be a key member of a portfolio reporting team that predominantly focuses on analyzing and reporting on a global commercial real estate credit portfolio in excess of $40 billion. The position reports into Apollo’s Global Head of Commercial Real Estate Asset Management. The candidate will be exposed to a broad range of lending products (mortgages, mezzanine, b-notes, construction loans, CMBS), CRE product types (office, retail, hotels, industrial) and structures (insurance companies, REITs and managed accounts). The candidate will also work closely with Apollo’s asset management, originations team, investor relations, legal, outside accounting firm and several outside vendors. This unique opportunity affords the candidate a dynamic view into the various reporting and accounting aspects of the commercial real estate credit, while also learning the business through coordination with various internal and external teams.
Essential Job Functions:
Prepare monthly, quarterly and annual reporting on current commercial real estate debt portfolio
Responsible for all ad-hoc and recurring requests/projects related to portfolio
Focus on enhancing various internal reporting systems and reports
Operate key internal trackers that monitor risk metrics, current and repaid investments, loan performance (i.e. Loan-to-Value, Debt Yield, DSCR, etc.) and other loan terms
Interaction and coordination with multiple groups such as Asset Management, Finance, Investment Team and Investor relations
Leverage dedicated third-party loan servicing and asset management team for basic portfolio reporting tasks
Compute and report IRRs for realized and in-place investments
Other activities as may be assigned by your manager
Qualifications/ Requirements:
Bachelor’s degree from an accredited institution required
Experienced professional with 5 years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent.
4 - 6 years of finance experience; particularly in real estate asset management or portfolio reporting
Exceptional technical skills related to information technology and systems
Strong computer skills and thorough knowledge of Excel, PowerPoint and Word
Individual should have an interest in the credit/real estate markets
Individual must have strong drive and initiative
Individual must be collaborative to effectively liaise with various internal departments and colleagues as well as able to work independently
Well-developed sense of ownership and accountability
Excellent attention to detail
Role requires individual to be nimble and flexible to balance multiple tasks simultaneously
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 $125,000.00 - $150,000.00
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.
Pay Transparency Nondiscrimination Provision
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.
Know Your Rights, Workplace Discrimination is Illegal
Salary : $125,000 - $150,000
