Associate Loan Officer Job at Ascent Developer Solutions, Los Angeles, CA

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  • Ascent Developer Solutions
  • Los Angeles, CA

Job Description

Job Description

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

This is an opportunity for Associates to work in our Sales group in a collaborative team environment to help review, underwrite and close real estate loans. Successful candidates will interact directly across the lending teams and clients. We're looking for a well-rounded Associate who has relevant experience and educational qualifications and brings a proactive, innovative mindset and effectiveness in a dynamic, collaborative environment. Successful candidates are likely to thrive and contribute significantly to the success of our company.

The Work

  • Source new financing opportunities and market the business through active participation in the real estate community.
  • Review and screen non-bank real estate financing opportunities.
  • Create detailed financial analysis of real estate financing opportunities using data driven tools and critical thinking.
  • Prepare internal sales communications for internal review and approval.
  • Participate in ongoing sales reviews and provide resources for teams throughout the sales lifecycle.
  • Perform other duties as needed.

Your Skills and Experience

  • 2-4 years in an analyst / associate position in a capital markets environment at a recognized commercial real estate brokerage.
  • Strong academic background and undergraduate degree.
  • Hands-on experience in underwriting and modeling Single Family Residential (SFR), homebuilder, and multifamily for rent and for sale loan transactions preferred.
  • Experience creating and building marketing tools and presentations.
  • Ability to utilize data sources such as CoStar and review for comparable transaction data.
  • Experience interacting with real estate sponsors and capital providers, requiring strong interpersonal skills.
  • Experience working in a highly collaborative environment, participating in an entrepreneurial culture, driving growth, and demonstrating problem-solving and innovation.
  • A proactive approach, with a business-driven mindset focused on results are critical for success in this role.

The Pay

Salary range is $100,000-$125,000 per year with a commissions plan based on performance.

The Work Environment

  • This role works on-site from Ascent"s Encino office, Monday - Thursday (Fridays are work-from-home).
  • Full-time, 40 hours per week; must be available for occasional overtime.
  • Some nights and weekends required.

Ascent's 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 to choose from.

Ascent's Pledge

We pledge to be fair and considerate in hiring and promoting individuals, ensuring everyone can contribute their fullest potential regardless of background, identity, or personal circumstances. By promoting equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society. At Ascent, we stand united in building a community where everyone is empowered to succeed. Thank you for joining us on our journey towards a more inclusive future.

The pay range for this role is:
100,000 - 125,000 USD per year(Los Angeles, CA)

PI85d741a58d5f-25405-37443049

Job Tags

Full time, Work from home, Flexible hours, Night shift, Weekend work, Monday to Friday,

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