What are the responsibilities and job description for the Analyst - CMBS REO Reporting position at Rialto Associate Services, LLC?
Key Responsibilities Review financial statements, maintain the reporting calendar, and coordinate with the REO Asset Management team—including Directors, Asset Managers, Analysts, and cross-functional partners. Identify deficiencies in financial statements and bank reconciliation exceptions, ensuring timely communication and resolution with property management accountants. Review and recompute bank reconciliations to verify compliance with Regulation AB. Support the Director in quarterly property management audits by facilitating communication between the audit team and property managers, maintaining audit request logs, tracking submissions, and reviewing documentation for completeness and accuracy. Communicate any identified deficiencies. Distribute financial statement upload files to property managers and maintain supporting schedules for insurance and real estate taxes to ensure accurate preparation of quarterly REO OSAR reports. Review Monthly Financial Upload files against monthly financial packages to ensure cash balances are properly reconciled. Maintain and update accurate occupancy records for all REO assets on a quarterly basis within the asset management application. Coordinate onboarding calls with property managers to introduce reporting processes and set expectations for monthly reporting. Assist with tracking Comfort Letters with Master Servicers. Perform additional duties as assigned and provide support on special projects. Specifications Bachelor’s degree required; Master’s degree preferred, ideally in Accounting, Finance or related field. 0–3 years of experience in accounting or finance. Strong work ethic, organizational skills, and attention to detail. Proficiency in Microsoft Excel. Excellent written and verbal communication skills. Ability to thrive in a fast-paced, team-oriented environment. Solid understanding of financial statements and their interrelationships. While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines. This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40 ), disability, veteran status, genetic information (including family medical history), or any other legally protected status. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov. Rialto Capital is an integrated investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles. Our team of over 260 associates throughout the United States and Europe is guided by our commitment to a culture of social responsibility, inclusion & diversity, and responsible investing. Rialto Capital has made a commitment to create a high-performance culture driven by an entrepreneurial spirit and an absolute commitment to integrity, respect, inclusion and giving back to the communities in which we work and live. We have focused our vision on becoming a real estate investment, asset management, servicing and finance company most admired for its people, capabilities and performance. We are always looking for Talent within our Investment Management team. Please click on the Get Started button below to upload your resume and tell us a bit about yourself.