Underwriter jobs in United States
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Ascent Developer Solutions · 2 days ago

Underwriter

Ascent Developer Solutions is a leading private lending platform specializing in real estate development financing. The Underwriter will be responsible for underwriting at both the Sponsor and Loan level, ensuring compliance and portfolio monitoring while collaborating cross-functionally to enhance the customer experience.

Financial ServicesReal Estate Investment

Responsibilities

Underwrite at both Sponsor and Loan level, Portfolio Monitoring, and Compliance
Working knowledge and practical application of Credit Policy, Front-End Guidance, and credit support documents
Be a contributing member of the Underwriting and Credit Analysis teams
Recommend and implement best practices as part of AscentDS dedication to creating an industry-leading customer experience
Improve the efficient and timely Underwriting processes, and ongoing monitoring improvement opportunities
Produce concise, complete, consistent, and accurate work products for approval authority(s), primarily Credit Approval Documents and Underwriting Packages
Develop and maintain effective working relationships with Loan Officers and the Sales support team

Qualification

Construction Project UnderwritingSponsor UnderwritingRisk AssessmentFinancial AnalysisCredit Risk ModelingRegulatory ComplianceFinancial Software ProficiencyPortfolio ManagementInterpersonal SkillsWritten Communication

Required

3+ years proven experience in both Construction Project and Sponsor Underwriting, preferably in regulated financial institutions
2+ years risk assessment and portfolio management, preferably in a financial services or lending institution
Bachelor's degree in finance, business, or related field
Knowledge of financial analysis, credit risk modeling, and regulatory compliance
Exceptional interpersonal and written communication skills
Proficiency in financial software and tools, including LOS, financial spreads and risk-scoring tools

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