Position Available –

Sr. Associate – CMBS Compliance & Reporting

SUMMARY

The Sr Associate will be responsible for the coordination and implementation of Cash Management on Specially Serviced loans in Rialto Capital Advisors’ portfolio. They will work closely with the Asset Management, Loan Servicing, and CMBS Investor Reporting teams. This is an outward facing role requiring strong communication, organizational and problem-solving skills.

KEY RESPONSIBILITIES

•Interface with 3rd party banking partners, developing business relationships in accordance with financial services agreements, fee agreements and reporting.
•The Sr. Associate will need to learn Rialto’s proprietary Servicing system to perform the functions required of the role.
•The Sr. Associate will need to learn the Loan Servicing data structure, data extraction tools and the reconciliation process thereof to confirm the accuracy of the exercises and projects.
•Create and maintain documentation on processes and policies to ensure compliance with business requirements.
•Serve as backup for other team members for additional loan servicing activity.
•Work with asset managers to properly board modifications, forbearance agreements and other workout scenarios with the Master Servicer.
•Other additional projects and ad hoc tasks as assigned.

SPECIFICATIONS

•Bachelor’s Degree required; Business Administration, Finance or Accounting preferred.
•Minimum of 3 years of related work experience required, with minimum of 1 year in loan operations or servicing environment. Experience in a paralegal role is a plus.
•Cash Management and/or Treasury experience is preferred, especially in the mortgage loan real estate industry.
•Excellent written and verbal communication as well as excellent analytical, research and reporting abilities.
•Must be detail oriented and possess strong organizational skills.
•Strong working knowledge of Microsoft Office suite.

Working Conditions

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 and/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.

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Job Snapshot

Employment Type:

Full Time

Location:

Miami, FL

Job Type:

Asset Management

Experience:

3+ years
Contact Human Resources

If you think you have what it takes to be a part of a fast-paced, high-performance team of entrepreneurs, and talented real estate investment and asset management experts, we want to hear from you.

For more information about career opportunities or to submit your resume, contact us at:

Core Competencies

Rialto Capital focuses on the following core competencies in both recruitment and Associate development.

Our Total Rewards

Rialto Capital provides an attractive Total Rewards package for our Associates, which includes:

Get to Know us –
About Rialto Capital

Rialto Capital is a fully integrated real estate investment management, asset management and operating company. Rialto Capital was formed in 2007, and since its founding, has participated in the investment of billions of dollars of equity in real estate assets. The company invests and manages assets throughout the capital structure in real estate properties, loans, and securities.

We are headquartered in Miami, with offices in New York City and across the US. We offer Market Competitive Compensation including Bonus Opportunity for many roles, as well as: Paid Holidays, Vacation, Personal and Sick Time, 401(k) Plan with Company Match, Medical, Dental, and Vision Plans, Company Paid Life & Disability Insurance and Paid Parental Leave.

Additional Openings
The term "Rialto Capital" refers to Rialto Management Group, LLC (“RMG”) and its subsidiaries: Rialto Capital Management, LLC, the registered investment advisor ("RCM"), and Rialto Capital Advisors, LLC, the asset manager and special servicer ("RCA"). All information as of 12/31/2020, unless otherwise noted.
Copyright ©2021 Rialto Management Group, LLC All rights reserved.