Job summary
Job post source
This job is directly from SitusAMC
Job overview
The Director, Commercial Real Estate Special Servicing at SitusAMC leads senior management responsibilities for managing special servicing portfolios and client relationships, focusing on maximizing recoveries on troubled CRE loan assets.
Responsibilities and impact
The role involves day-to-day management of special servicing portfolios and teams, negotiating loan resolutions, analyzing property cash flows and valuations, overseeing third-party reports and legal counsel, executing business plans, and ensuring compliance with servicing agreements.
Compensation and benefits
The annual base salary ranges from $225,000 to $250,000, with potential discretionary bonuses, PTO, paid holidays, and benefits including medical, dental, vision, life, disability insurance, and 401K plans.
Experience and skills
Candidates should have a bachelor's degree (MBA preferred), 15+ years of relevant experience including 5+ years in CMBS Special Servicing, strong knowledge of CRE, REO resolutions, foreclosure, bankruptcy law, excellent communication and negotiation skills, and experience managing staff.
Career development
The position offers career growth within the real estate industry and opportunities to mentor and manage teams, enhancing leadership skills and industry expertise.
Work environment and culture
SitusAMC values passion, diversity, advocacy, nimbleness, and a global-local mindset, fostering a collaborative and inclusive work environment.
Company information
SitusAMC is a real estate services company focused on transforming client businesses and careers, serving multiple clients with a range of real estate services.
Team overview
The role may involve managing a special servicing team or portfolio with several direct reports, emphasizing leadership and team collaboration.
Job location and travel
The job requires overnight travel for onsite client visits; specific office location details are not provided.
Application process
Applicants should submit resumes directly to SitusAMC; unsolicited resumes from staffing agencies or third parties are not accepted and will not result in fees paid.
Unique job features
This role is distinguished by its senior management level responsibility over complex CRE special servicing portfolios and direct client relationship management in a dynamic real estate environment.
Company overview
SitusAMC is a prominent provider of technology and services to the real estate finance industry, specializing in advisory, strategic outsourcing, talent solutions, and technology platforms. They generate revenue through a combination of consulting fees, subscription-based software services, and outsourcing contracts. Founded in 1985, the company has grown significantly through strategic acquisitions and mergers, establishing itself as a leader in the real estate finance sector. Candidates should be aware of its reputation for innovation and its comprehensive suite of services that support the entire lifecycle of real estate finance transactions.
How to land this job
Position your resume to highlight senior management experience in commercial real estate special servicing, emphasizing your ability to manage multiple client relationships and complex loan portfolios simultaneously.
Focus on showcasing expertise in non-performing loan and REO asset management, including collateral valuation, workout strategies, and negotiation skills relevant to CMBS servicing agreements.
Apply through multiple channels such as SitusAMC's corporate career site and LinkedIn to maximize your chances of being noticed for this role.
Connect with professionals in SitusAMC's special servicing or commercial real estate divisions on LinkedIn; ice breakers could include asking about recent portfolio challenges they've managed or expressing interest in how SitusAMC integrates technology in asset resolution.
Optimize your resume for ATS by incorporating keywords from the job description like 'special servicing,' 'CMBS,' 'asset management,' 'loan workouts,' 'REO resolutions,' and 'client relationship management' to improve screening success.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify the best application channels, and find LinkedIn contacts to network with, allowing you to focus more on preparing for interviews and career growth.
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