Collateral Operations Associate

💰 $2,560 - $4,096 (Est.) 📍 Houston 🕐 3 days ago

Job Description

Join SitusAMC and be a part of a dynamic team that is transforming businesses and careers in the Real Estate Industry. We seek passionate individuals who are eager to grow their careers while making a meaningful impact. If you are a self-starter who can think creatively, advocate for others, and work collaboratively to deliver excellent results, we invite you to apply!

In this critical role, you will take on complex assignments that support our client’s portfolios of commercial real estate loans. You will produce high-quality deliverables efficiently and effectively, even with minimal oversight, while also mentoring less experienced staff.

Key Responsibilities:
• Review and approve system-generated reports and client deliverables ensuring compliance and accuracy.
• Communicate effectively with internal and external clients to address inquiries about the servicing of commercial real estate loans.
• Conduct thorough proofing of transactions and initiate fund transfers in line with Loan Terms and Servicing Agreements.
• Maintain compliance with internal policies and contractual obligations while delivering excellent service to clients.
• Generate and oversee accurate source data reflecting borrowers’ obligations within the servicing system.
• Summarize research findings to respond to inquiries from stakeholders, including Borrowers, Lenders, and Audit agencies.
• Design and develop spreadsheet templates and financial models to analyze various loan metrics, ensuring accuracy in data and formulas.
• Ensure compliance with all Servicing Standards and identify exceptions that require special processing.
• Oversee the preparation of periodic reports, account reconciliations, and any necessary Officer Certificates as per Servicing Agreements.
• Exhibit a team-oriented approach by supporting colleagues and contributing to special projects as needed.
• Propose process improvements to enhance operational efficiency.
• Assist in compiling internal reports and collaborate with Asset Managers and the Portfolio Management Team.
• Work with specialized teams focusing on areas such as Asset Management, Portfolio Management, and Treasury Services.
• Participate in additional tasks as assigned by your manager.

Qualifications:
• Associate's degree in Accounting, Finance, Real Estate, Business, or relevant experience.
• 5+ years of relevant experience, ideally in positions akin to Senior Analyst or similar roles.
• Strong ability to learn new tasks and adapt while demonstrating professional behavior.
• Preferably, some leadership experience with small teams.
• Proven capability to identify and proactively address potential issues.
• Advanced Excel skills, with experience in utilizing formulas and macros.
• Excellent written and verbal communication skills.
• Ability to work effectively in teams as well as independently, ensuring high-quality output.
• Strong time management skills to handle multiple projects and meet deadlines with minimal supervision.

The salary for this role ranges from $56,000.00 to $75,000.00, with the final offer based on skills, experience, and market alignment. Qualified positions may also receive a discretionary bonus based on performance. Full-time employees are eligible for various benefits including medical, dental, vision, and 401K.

SitusAMC is an Equal Opportunity Employer. We value diversity and consider applicants without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.

This job description is not all-inclusive and may be subject to change to meet the organization's needs.

💡 Quick Summary

Seeking a career-building opportunity? The Collateral Operations Associate position is now open for candidates interested in the Back Office Jobs sector. This role in Houston offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Back Office Jobs is a plus.

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Frequently Asked Questions

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The expected salary for Collateral Operations Associate in Houston is $2,560 - $4,096 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Collateral Operations Associate is an on-site position based in Houston. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Collateral Operations Associate. Previous experience in Back Office Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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