Ascent Developer Solutions
Vice President, Loan Officer
Encino, CA · Exec · Full-time
Sponsorship not specifiedDetected 85 days ago
SalesLeadershipCollaborationProblem SolvingPublic SpeakingUnderwriting
About the role
- Our Vice President Loan Officer role is responsible for driving loan originations in the real estate construction and bridge lending segment.
- You'll acquire and close new target clients in our segment while expanding relationships with existing clients to grow their business with Ascent Developer Solutions.
- Additionally, the VP Loan Officer prepares and presents the Letter of Intent to borrowers after securing internal approval.
Responsibilities
- Drive construction and bridge business purpose loan origination by acquiring and closing new borrowers from various sources, including company leads, referrals, and industry involvement, while achieving production goals.
- Collaborate with Relationship Managers and Sales Management to strengthen borrower relationships and ensure a seamless customer experience.
- Assist with data and document collection for loans and borrower approvals as needed.
- Support loan portfolio management, including post-closing conditions, covenant compliance, borrower renewals, loan extensions, construction loan tracking, and payoffs.
- Develop and implement strategies with Sales Management to drive loan volume growth.
- Maintain regular contact with borrowers through meetings, calls, and emails.
- Perform other duties and assist with projects as needed.
- At Ascent, we stand united in building a community where everyone is empowered to succeed.
Requirements
- Bachelor's degree or better.
- Strong understanding of construction real estate lending and financial processes.
- must be available for occasional overtime.
- Some nights and weekends required.
Compensation
- Compensation is commensurate with that of top producers in the construction lending business, and flexible based on the proven ability to produce in our market segment.
- Our compensation package includes a generous base salary based on successful production experience and a commissions-based bonus plan rewarding top achievers,
Benefits
- We offer a comprehensive benefits package designed to support your health, well-being, and work-life balance.
- Our benefits include five health plans, two dental plans, health savings and flexible spending accounts, vision coverage, a 401(k) plan, and other optional benefits from which to choose.
- Experience in a highly collaborative environment, fostering an entrepreneurial culture, driving growth, and demonstrating leadership in problem-solving and innovation.
Company info
- This role is responsible for generating leads and prospects in our market segment, attending in-person Ascent Developer Solutions meetings and presentations, structuring and negotiating loans, and tracking activities in the company CRM.
- Ascent Developer Solutions is a leading private lending platform, serving real estate developers nationwide in the acquisition, renovation, and construction of residential real estate.
- Founded by a leadership team with a deep understanding and personal experience in virtually every facet of real estate development, Ascent is uniquely positioned to create custom, innovative lending solutions for a variety of real estate development business strategies.
Equal opportunity
- equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society.
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This listing is sourced directly from Ascent Developer Solutions's careers page and normalized into a canonical job model.