Vice President, Loan Officer
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 deep expertise in virtually every facet of real estate development, Ascent creates custom, innovative lending solutions for a variety of real estate development strategies.
About the role
The VP, Loan Officer is responsible for originating new loan opportunities and signing new Borrowers by leveraging their network and sphere of influence, as well as managing and converting leads provided through Ascent data sources. The role requires proactive outreach, strong relationship management, and consistent follow-up to drive loan production and meet origination goals.
Responsibilities
- Serve as the initial generator of new loan business for Ascent from sources outlined above.
- Work with internal teams, including Relationship Managers, to build trusted long-term partnerships that drive client satisfaction, repeat business, and increased wallet share across Ascent's lending platform.
- Analyze and structure Multi-Family, Single Family, Homebuilder, Build-to-Rent, and Manufactured Housing bridge, renovation, and construction loan opportunities.
- Evaluate Borrower financial packages and overall operational capability to determine Borrower qualifications, financial strength, and ability to successfully execute proposed projects.
- Present loan opportunities to internal and external approval authorities.
- Assist Relationship Managers with first-time Borrower approval processes by managing expectations, coordinating with internal teams, and ensuring seamless operational execution from initial needs assessment through closing.
- Support the loan pipeline and collaborate with other departments to identify and resolve issues, improving loan execution and speed to closing.
- Maintain regular communication with Borrowers through meetings, calls, and emails to ensure high satisfaction and retention.
- Utilize CRM and portfolio analytics to monitor Borrower activity, identify opportunities, and track engagement.
- Assist in resolving Borrower issues and proactively address risks within the portfolio.
- Support cross-functional initiatives and projects as needed.
- Perform other duties as assigned by Sales Leadership.
Requirements
- 5+ years of experience originating commercial real estate lending, including SFR, multi-residential, and homebuilder/bridge, renovation, and construction loans.
- Demonstrated experience analyzing and structuring commercial loan transactions.
- Excellent communication and relationship-building skills, with a proven ability to build and manage relationships with sophisticated Borrowers and cross-functional internal stakeholders while delivering exceptional client service.
- Strong verbal, written, and presentation skills, with the ability to communicate effectively with Borrowers and internal leadership.
- Bachelor’s degree or equivalent professional experience required; California Real Estate License or the ability to obtain one is preferred.
- Proficiency in Microsoft Excel, MS Office, CRM platforms, and other business applications.
- Highly organized, analytical, and self-motivated, with the ability to manage multiple priorities and thrive in a fast-paced, collaborative, and deadline-oriented environment.
Schedule
This role works on-site from Ascent's Boston office, Monday - Thursday (Fridays are work-from-home).
Pay
Compensation is commensurate with that of top producers in the construction lending business and is flexible based on proven ability to produce in our market segment. The package includes a generous base salary based on successful production experience and a commissions-based bonus plan rewarding top achievers.
Benefits
- Five health plans and two dental plans.
- Health savings and flexible spending accounts.
- Vision coverage.
- 401(k) plan.
- Other optional benefits to choose from.