AVP, Compliance and Operations

SitusAMC

2d•$65,000 - $110,000•Remote

About The Position

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 is responsible for assisting in the overall management of compliance related activities ensuring proper oversight of our client’s portfolios of commercial real estate loans and REO. This position will have a high level of interaction and communication with Special Servicing staff, and third parties.

Requirements

Bachelor’s degree; preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience
Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent.
5 years’ experience in audit, compliance, commercial real estate and loan servicing
High comfort level with use of various industry related software systems
Strong Excel skills
Ability to multitask
Strong attention to detail and accuracy
Strong communication skills (written and oral)
Strong analytical abilities, good judgment, strategic and process thinking
Detail oriented
High degree of professionalism
Ability to work as a team player
Pro-active approach to problem recognition and resolution

Responsibilities

Assist in all aspects of Internal Control Reviews (i.e. planning, fieldwork and reporting phases) including conducting testing to assess the design/operating effectiveness of area controls in accordance with departmental guidelines.
Identify opportunities for improvement and document findings and recommendations.
Assist in the coordination of external examinations by rating agencies, external audit and internal audit, including the monitoring of audit progress to ensure milestones are met timely and communicated appropriately.
Participate in the annual Risk and Control Self-Assessment process including the identification of emerging risk and conduct the testing over increased-risk areas identified.
Involvement in issue management such as tracking the status of open findings and performing validation testing over remediated findings.
Engage and coordinate with business lines to draft/review policy and procedures, as necessary.
Develop value-added relationships with process owners and business unit management.
Stay informed of changes in industry standards.
Coordinate quarterly financial request letters to borrowers.
Review Backshop workflows for completeness and coordinate completion with analysts.
Assist in improvement in quality of Backshop monthly portfolio and loan reporting.
Perform other projects, reviews, and activities on an ad-hoc basis as assigned by management.
Assist in annual compliance reporting.