AVP, Cash Management

1 month ago

Oklahoma City, Oklahoma, United States SitusAMC Full time

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

Cash Management involves the review of a Servicer's Investor Reporting and Investor Accounting areas. Investor Reporting and custodial account reconciliations are reviewed for accuracy and timeliness. A review of bank statements compared to remittances is performed along with any aged items. Materials provided for review by Servicers includes exception reports, policies and procedures, and quality assurance/quality control program documentation. Oversee small team of auditors performing this function to provide quality control, assist in key audit functions, provide support to the leadership team in the overall management of the resources and correspond with the client to discuss performance, production, and quality.

Essential Job Functions:

  • Review Investor Reporting packages, servicing documents, bank and custodial accounts, QC documentation, and policies and procedures. Provide internal QC of reviews.
  • Capture required information from provided materials (which may include bookmarking the relevant pages where such information can be located) in a designated place which will usually be a SitusAMC or client designated system
  • Review system questions to test system information against documentation provided and capture any exceptions that may come from the review. Apply exceptions and handle validations where necessary to ensure a complete and accurate review
  • Elevate questions to management when such items arise
  • Identify problems with files and/or job notes to management overseeing your review
  • Accurate tracking of the time spent on reviews
  • At least three – five years of related servicing experience preferred
  • Ability to meet production quality and service standards
  • Adherence to all company policies and procedures
  • Perform team-lead/QC duties with the client around performance, production, and quality goals and metrics
  • Other activities as may be assigned by your manager

Qualifications/ Requirements:

  • College degree / training in Finance / mortgage banking desired 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.
  • Self-motivation and reliability
  • Excellent PC skills and possess high level of proficiency in Microsoft products
  • Strong communication (written and oral) skills
  • Analytical ability and good judgment
  • Detail oriented and organized
  • Demonstrate professional behavior and teamwork, punctual and dependable
  • Communicate directly with Servicers for the review
  • Remote Position

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

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 )

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 )

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.


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