Vice President, CRE CMBS Conduit Underwriting

Onsite

New York, NY

Full time

JR03321

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!

Vice President

Few underwriting opportunities offer this combination: the scale of a leading global bank and the energy of a growing platform.

Our client, a leading global investment bank, has launched a Commercial Real Estate Finance business and is assembling a high-caliber team of industry professionals across originations, underwriting, capital markets, and portfolio management. With a growing team already in place, they are seeking a Vice President or Associate-level CMBS Conduit Underwriter to help support the continued expansion of the platform.

This opportunity offers the best of both worlds: the resources, infrastructure, and established underwriting framework of a global institution combined with the visibility and impact that come from joining a business in growth mode.

Working alongside seasoned industry professionals, you'll gain exposure to a broad range of commercial real estate transactions while playing a meaningful role in the evolution of a rapidly expanding platform.

If you're looking to accelerate your career, broaden your transaction experience, and contribute to building something exceptional, we'd like to speak with you.

Key Responsibilities

• Lead underwriting and credit analysis for conduit loan transactions across office, multifamily, industrial, retail, hospitality, and mixed-use properties.

• Analyze property cash flows, rent rolls, financial statements, market fundamentals, and sponsorship.

• Prepare credit memoranda and present recommendations to investment and credit committees.

• Structure loans in accordance with the company’s credit standards and CMBS requirements.

• Coordinate third-party due diligence, including appraisals, environmental reports, and legal reviews.

• Work directly with borrowers, brokers, and internal stakeholders throughout the transaction process.

Qualifications

• Bachelor's degree in Finance, Real Estate, Economics, or related field.

• 5+ years of commercial real estate underwriting experience, with significant CMBS/conduit lending exposure.

• Strong understanding of CMBS structures, securitization, and commercial real estate finance.

• Advanced financial modeling and cash flow analysis skills. Ability to work with existing rating agency models.

• Proficiency in Excel.

• Excellent credit writing, presentation, and communication skills.

#LI-MH1 #LI-onsite

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

$175,000.00 - $175,000.00

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 (https://go.situsamc.com/rs/962-QMP-613/images/pay-transp\_%20English\_formattedESQA508c.pdf?version=0)

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 (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)

SitusAMC is a leading independent provider of technology, strategic outsourcing, talent and advisory solutions to the commercial and residential real estate finance industries. We help clients identify and capture opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity.

Working among the best talent in real estate, you’ll be a part of some of the most relevant things happening in the industry and engage in interesting and exciting work. You’ll be embraced by a culture that celebrates innovative thinking and empowers you to get the job done. Come join us in Powering Opportunity for those we proudly serve.