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Treasury associate
SitusAMC Overland Park, KS
$57k-69k (estimate)
Full Time 1 Month Ago
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SitusAMC is Hiring a Treasury associate Near Overland Park, KS

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 will record daily cash transactions;
  • compile, verify and analyze cash flow information to prepare accurate daily, weekly, and monthly cash status reports; manage lockbox, ACH, and wire transfer operations;

and manage deposit and disbursement accounts. Also responsible for mentoring and training junior staff. Essential Job Functions :

  • Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client’s CRE loans.
  • Independently proof transactions (both cash and non-cash) and if applicable, initiate fund transfers due to borrowers and / or lenders in adherence with loan terms, servicing agreements and established servicing standards.
  • Manage daily bank reconciliation, check fraud prevention and detection, electronic funds transfer executions, & cash accounting and internal controls.
  • Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties.
  • Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate, current representation of the borrower’s outstanding obligations to the lender are reflected within the servicing system.
  • Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers, as well as with special projects, and working overtime, when necessary, to meet client deadlines.
  • Recommend process rationalization and efficiency initiatives affiliated with job responsibilities.
  • Such other activities as may be assigned by your manager.

Qualifications / Requirements :

  • Experienced professional with 5 years of industry and / or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent
  • 2 years of experience in commercial real estate, auditing, banking, or data analytics preferred
  • Practiced in learning new tasks and achieving goals while demonstrating professional behaviors.
  • Some leadership experience with small groups or peers is preferable.
  • Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action.
  • Intermediate experience with excel, able to utilize multiple formulas and macros.
  • Excellent written, verbal, and electronic communication skills.
  • Ability to work in a team environment, yet, express independent thought, with a consistent quality work product being produced.
  • Ability to manage multiple priorities and meet multiple deadlines with minimum supervision.
  • Responsibilities occasionally may require an adjusted work schedule, working more than a traditional 8hour day, and working evening / weekend hours to meet deadlines.
  • Some periodic travel (overnight stays) may be required, with subsequent reimbursements of expenses.

Special Requirements :

The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment.

Working Conditions :

  • Office environment with frequent computer, mouse, keyboard use.
  • Alternating between sitting or standing as needed.
  • Hearing, talking, reaching, and grasping.

LI-MS1

Last updated : 2024-05-01

Job Summary

JOB TYPE

Full Time

SALARY

$57k-69k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

06/21/2024

WEBSITE

situsamc.com

HEADQUARTERS

New York, NY

SIZE

25 - 50

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The following is the career advancement route for Treasury associate positions, which can be used as a reference in future career path planning. As a Treasury associate, it can be promoted into senior positions as a Treasury Analyst II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Treasury associate. You can explore the career advancement for a Treasury associate below and select your interested title to get hiring information.

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