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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!
Our client is a commercial real estate lender and debt investor that is committed to developing successful, long-term customer and client relationships that are built on integrity, advocacy, and reliability. Founded on a strong and disciplined credit culture, our client offers a deep, discrete understanding of CRE lending and credit, as well as capital markets. Their senior management team brings an average of thirtytwenty years of specialized experience through multiple CRE cycles, a host of disciplines, and the full spectrum of CRE debt products.
Our client is seeking a Transaction Manager who will focuses on opportunistic transitional deals across asset classes and all over the country.
Position Overview
The Transaction Manager will be responsible for the full range of responsibilities that goes with commercial real estate deal closings for complex permanent and construction loans. You will be involved from term sheet through the closing of the loans.
Essential Job Functions
Draft loan applications/ term sheets based on parameters from capital markets and underwriting
Interface with senior partners and team members and outside counsel
Interact with borrowers and brokers to ensure timely delivery of due diligence
Review legal due diligence
Coordinate with loan underwriters re: non-legal due diligence
Interact with the loan originators to ensure deal closing progresses smoothly
Review loan documents
Address borrower inquiries, and have proper judgment/experience to know when issues should be elevated
Ensure that loan documentation reflects the approved conditions and structures
Work with internal business teams to ensure transaction process follows compliance guidelines
Interface with asset management and post closers on new asset onboarding
Qualifications/Requirements
Minimum 4 years of experience as paralegal or practicing attorney at a law firm or as a loan closer at a commercial real estate loan originator
Ability to read and understand commercial real estate loan documentation
Familiarly with credit agreements
Demonstrated ability to work in fast-paced, rapidly changing business environment which requires a flexible and adaptable style
Strong attention to detail, analytical and accuracy skills
Be a self-starter, have excellent verbal and written communication skills, and be proficient in Word
Strong understanding of [prevailing] CRE Debt Practices and market concessions as well as associated legal risks and mitigants.
The annual full time base salary range for this role is ($130,000 - $180,000). 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.
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 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.
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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.
Job Location: New York, NY, USA
Country: USA
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Finance and Sales
Industries
Real Estate
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