Associate - Treasury Operations

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!

This role will record daily cash transactions; compile, verify and analyze cash flow information to prepare accurate daily, weekly, and monthly cash status reports; manage lockbox, ACH, and wire transfer operations; and manage deposit and disbursement accounts. Also responsible for mentoring and training junior staff.

Essential Job Functions

• Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client’s CRE loans.
• Independently proof transactions (both cash and non-cash) and if applicable, initiate fund transfers due to borrowers and/or lenders in adherence with loan terms, servicing agreements and established servicing standards.
• Manage daily bank reconciliation, check fraud prevention and detection, electronic funds transfer executions, & cash accounting and internal controls.
• Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties.
• Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate, current representation of the borrower’s outstanding obligations to the lender are reflected within the servicing system.
• Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers, as well as with special projects, and working overtime, when necessary, to meet client deadlines.
• Recommend process rationalization and efficiency initiatives affiliated with job responsibilities.
• Such other activities as may be assigned by your manager.
  
  

Qualifications/ Requirements

• Bachelor’s degree in accounting, finance, real estate, business, or equivalent level of education and experience
• Experienced professional with 5 years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
• 2 years of experience in commercial real estate, auditing, banking, or data analytics preferred
• Practiced in learning new tasks and achieving goals while demonstrating professional behaviors.
• Some leadership experience with small groups or peers is preferable.
• Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action.
• Intermediate experience with excel, able to utilize multiple formulas and macros.
• Excellent written, verbal, and electronic communication skills.
• Ability to work in a team environment, yet, express independent thought, with a consistent quality work product being produced.
• Ability to manage multiple priorities and meet multiple deadlines with minimum supervision.
• Responsibilities occasionally may require an adjusted work schedule, working more than a traditional 8hour day, and working evening/weekend hours to meet deadlines.
• Some periodic travel (overnight stays) may be required, with subsequent reimbursements of expenses.
  
  

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

$50,000.00 - $85,000.00

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

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.