Relationship Manager, Construction Lending jobs in United States
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Ascent Developer Solutions · 4 months ago

Relationship Manager, Construction Lending

Ascent Developer Solutions is a leading private lending platform specializing in real estate development. The Relationship Manager for Construction Lending will work closely with various divisions to enhance client relationships, oversee the onboarding process, and ensure timely loan closings while managing a portfolio of clients and maintaining strong communication.

Financial ServicesReal Estate Investment

Responsibilities

Work closely with divisions such as Credit, Operations, Construction, and Valuations to create, enhance, and facilitate a seamless process, ensuring an excellent customer experience throughout the client relationship
Oversee the client onboarding process, introducing clients to the Ascent team and setting appropriate expectations for loan approval and closing
Coordinate the workflow between Credit, Underwriting, Construction, and Operations to ensure loans close on schedule
Lead periodic team huddles to actively manage opportunities in the Sales POD pipeline, ensuring timely receipt of client and property information
Effectively communicate the Ascent value proposition to both existing and prospective borrowers, highlighting the benefits of partnering with Ascent
Collaborate with Loan Officers and Credit teams on loan/deal analysis, structuring, packaging, pricing, and borrower approval. Structure all loans for existing borrowers
Assist Loan Officers in presenting new loan opportunities and borrower approval packages to the appropriate approval authority and participate in Credit Review with the Sales team
Understand individual loan portfolios, assist with portfolio issues, and complete tasks necessary to maintain proper portfolio performance
Manage the collection of client financial reports, oversee project status updates, follow up on post-closing conditions, prepare loan extensions and modification requests, coordinate covenant compliance, monitor client exposure limits, and facilitate annual renewals
Follow up with clients on loan payments, monitor interest reserves, and servicing reports, and assist Credit with ensuring timely payments
Maintain regular, scheduled contact with borrowers through in-person meetings, calls, emails, and other means to foster strong, ongoing relationships
Participate in relevant networking activities, including trade shows and industry conferences, to build and maintain industry connections
Perform other functions and assist with additional projects as assigned by Sales or Credit/Risk Management

Qualification

Construction lending experienceClient relationship managementCalifornia Real Estate licenseSales experienceAdvanced Excel knowledgeCustomer serviceCommunication skillsSelf-motivatedAdaptability

Required

5+ years of experience focused on construction and bridge business purpose lending or equivalent experience
Ability to obtain a California Real Estate license is required
Proven experience in a sales environment with a strong focus on client relationship management
Excellent customer service skills, with a high level of attention to detail
Strong verbal and written communication skills, with the ability to interface with high-powered clients and their teams
Advanced knowledge of Excel, PowerPoint, CRM, and other computing systems
Self-motivated with the ability to work independently and take ownership of responsibilities
Adaptability to thrive in a dynamic, fast-paced work environment

Preferred

Bachelor's degree or equivalent experience preferred

Benefits

Five health plans
Two dental plans
Health savings and flexible spending accounts
Vision coverage
A 401(k) plan
Other optional benefits from which to choose

Company

Ascent Developer Solutions

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AscentDS is a private loan and institutional debt platform that provides tailored financing solutions.

Funding

Current Stage
Growth Stage
Total Funding
unknown
Key Investors
Elliott Management Corp.
2024-07-19Private Equity

Leadership Team

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Robert Wasmund
Founder & CEO
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David hada
Chief Financial Officer
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Company data provided by crunchbase