Job Opportunities API

About Ascent 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. The Role Ascent Developer Solutions is seeking an experienced, hands-on Asset Manager to directly execute financial analysis and perform loan covenant testing across a portfolio of income-producing, bridge, and construction loans. Covenant compliance is core to the role, but the Asset Manager also helps design new processes, weighs in on new product rollouts, and takes on ad hoc reporting for Credit and senior leadership.   This is a highly cross-functional role that works closely with Credit, Legal, Servicing, Lending, Finance, Sales and Special Assets, requires strong multitasking across a high volume of loans and deadlines, and includes mentoring analysts and interns.   The Work  Covenant Compliance &  loan  Monitoring   Analyze and interpret complex loan agreements across diverse product types to architect comprehensive post-closing compliance and monitoring frameworks   Own the recurring review cadence for financial covenants on income-producing and bridge loans, including but not limited to, debt yield, DSCR, net worth, and liquidity tests   Determine the correct testing requirements and DSCR methodology by loan and asset type   Track deal-specific loan covenants and conditions, including construction milestones, draw conditions, and lease-up requirements   Maintain the covenant tracking system, escalate breaches or trending non-compliance, and coordinate with Legal and Credit on waivers or amendments   Lead covenant outreach to relationship managers and borrowers, and coordinate with third-party vendors supporting covenant tracking and portfolio monitoring   Process Improvement, New Products & AI   Identify process gaps and design new workflows and tools that improve the efficiency and accuracy of the asset management function   Use AI tools to speed up tasks like spreading financials and rent rolls, always verifying outputs before relying on them   Participate in and provide feedback on new loan product rollouts from post-closing perspective, helping define how each product is tracked and managed post-closing   Reporting & Analysis   Respond to ad hoc reporting and analysis requests from Credit and senior leadership   Build and maintain financial models and covenant calculators to evaluate loan-level performance   Prepare covenant compliance summaries, investor updates, and executive reporting   Team Leadership & Risk Management   Train, coach, and review the work of analysts and interns, building reference materials that speed up onboarding   Assess credit risk, flag covenant-driven early warning signals, and maintain internal risk ratings   Quarterly/Bi-monthly expectation: Requires at least one week of in-person collaboration at HQ every two months.   Your Skills and Experience Bachelor's degree in Finance, Real Estate, Accounting, or a related field   3-6+ years of experience in commercial real estate finance, construction lending, asset management, or credit   Strong knowledge of financial statement analysis, DSCR, debt yield and other common loan covenant metrics   Proven ability to multitask across a high