Ascent Developer Solutions

34 Ascent Developer Solutions Jobs Hiring Near You

Senior Analyst

Los Angeles, CA ยท On-site +1

$100K - $120K/yr

Recommend whether opportunities should proceed based on Ascent's lending guidelines and credit ... You approach challenges with a solutions-oriented mindset * You balance analytical rigor with ...

New

Analyst

Los Angeles, CA ยท On-site +1

$80K - $95K/yr

... Ascent's lending platform. You will work closely with underwriters and cross-functional teams to ... You approach challenges with a solutions-oriented mindset * You balance analytical rigor with ...

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    Construction Risk Manager

    Ascent Developer Solutions

    Los Angeles, CA โ€ข Hybrid

    $110K - $140K/yr

    Other

    Posted 21 days ago


    Job description

    The Role.ย 

    As a Construction Risk Manager team member, you will play a pivotal role in the success of our high-value residential construction projects, primarily focused on our Production Homebuilding, Build-to-Rent, and Multifamily products. This position encompasses pre-construction budget review, plan review, risk assessments, and post-closing construction draw management, with a specific focus on driving efficiency through technology adoption. Yourย expertiseย in construction lending and streamlining business processes is critical to the feasibility and financial health of our projects. Your ability to collaborate effectively with diverse stakeholders and your deep understanding of construction projects will contribute to Ascent's operational excellence.ย 

    The Work.ย 

    • Streamline processes to decrease turn times for reviews,ย ultimately improvingย the overall customer experience.ย ย 
    • Assess project feasibility, plans, construction budgets, risk factors, and borrowers' development experience, applying Ascent's guidelines to recommendย an appropriate levelย of loan approval.ย 
    • Contribute to decision-making forย projects ranging in value from $1 million to $50 million, ensuring they meet stringent financial, regulatory, and investment criteria.ย 
    • Provideย strategic insights that drive the company's growth and enhance its competitiveness in the market, ensuring cost-effectiveness and operational excellence. Stay informed about market trends, construction costs, and regulatory changes affecting the construction and banking industries.ย 
    • Consult with Sales and Credit teams to packageย appropriate solutionsย to meet the needs of the borrower while ensuring profitable outcomes for Ascent.ย 
    • Monitor the performance of the construction loan portfolio,ย identifyingย and addressing any emerging risks or issues.ย 
    • Assistย in the implementation of robust policies and procedures, underwriting parameters, and in-house disbursement servicing operations.ย 
    • Engage and manage outside vendors in cost reviews, inspections, and fund control while supporting a large, diverse construction loan portfolio.ย ย 
    • Conduct site visits as necessary to assess project progress and ensure compliance with loan conditions.ย 
    • Review portfolio reporting mechanisms to improve decision-making and accountability in asset performance.ย 
    • Assistย in the adoption of data analytics in construction risk management, contributing to a more informed and proactive approach to risk mitigation.ย 
    • Participate in day-to-day operations of the (pre-closing budget review) and post-close (rehab draw administration), ensuring compliance with internal policies.ย 
    • Demonstrate high ethical standards and professionalism when handling significant financial transactions and sensitive information.ย 

    Your Skills and Experience.ย 

    • 5+ years of experience in construction management or real estate lending within the finance industry.ย 
    • Experience communicating and collaborating with internal and external stakeholders.ย 
    • Proficiencyย in relevant software such as construction management software (e.g.,ย TrustPoint, Procore), and general office software (e.g., Microsoft Office Suite).ย 
    • Strong analytical and decision-making abilities.ย 
    • Experience successfully multi-tasking and prioritizing work.ย 
    • Experience consistently meeting deadlines in a fast-paced environment.ย 

    The Payย 

    Salary range is $110,000-$140,000 per year, with a discretionary bonus ofย 20% per year.ย 

    The Work Environment.ย 

    • This roleย worksย on-siteย from Ascent's Encino office, Monday - Thursday (Fridays are work-from-home).ย