What you would be doingloan origination
deal structuring
credit review
portfolio management
crm tracking
borrower analytics
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. In collaboration with Relationship Managers, this role will also collaborate with other teamsincluding Credit, Borrower Underwriting, Construction, and Valuationsto ensure a seamless process and an exceptional customer experience from initial engagement through the ongoing client relationship.
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. This role involves evaluating loan opportunities, structuring financing terms, and completing internal worksheets detailing loan terms, borrower history, and financial capability for presentation to internal teams, including Credit, Construction, and Valuations. Additionally, the VP Loan Officer prepares and presents the Letter of Intent to borrowers after securing internal approval.
- 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.
- Support loan portfolio management, including post-closing conditions, covenant compliance, borrower renewals, loan extensions, construction loan tracking, and payoffs.
- Present borrower loan opportunities and approval packages to the appropriate authority and participate in Credit Review.
- Develop and implement strategies with Sales Management to drive loan volume growth.
- Cultivate and expand borrower relationships with Relationship Managers to increase lending volume.
- Represent Ascent Developer Solutions at networking events, trade shows, and industry conferences.
- Assist with data and document collection for loans and borrower approvals as needed.
- Utilize customer relationship analytics to monitor and assess borrower engagement and opportunities.
- Guide loans through the vetting process and into the active pipeline in coordination with Relationship Managers and the Sales team.
- Work with Sales Management and Credit teams on loan structuring, pricing, and borrower approvals, ensuring successful funding.
- Maintain regular contact with borrowers through meetings, calls, and emails.
What you bringbachelors
problem solving
communication
construction lending
bridge lending
leadership
- Bachelors degree or better.
- Experience in a highly collaborative environment, fostering an entrepreneurial culture, driving growth, and demonstrating leadership in problem-solving and innovation.
- Effective communicator with the ability to engage stakeholders across departments and management levels.
- Strong understanding of construction real estate lending and financial processes.
- Full-time, 40 hours per week; must be available for occasional overtime.
- 5+ years of proven sales experience in construction and/or bridge lending.
- Clearly communicate Ascent Developer Solutions value proposition to existing and prospective borrowers.
BenefitsWe 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.
- 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,
Training + DevelopmentInformation not given or found