Sales Associate, Construction Lending

Ascent Developer Solutions•Los Angeles, CA
•$31 - $40•Hybrid

About The Position

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.

Requirements

  • 2+ years of experience in sales or customer service, focused on construction and bridge business purpose lending or equivalent experience.
  • Proficient in MS Office, and ideally SharePoint; adaptable to learning new tools and technologies in a dynamic setting.
  • Ability to apply critical thinking and problem-solving skills to innovate and adapt in a rapidly changing environment.
  • Strong organizational and execution capabilities with a focus on driving results.
  • Strong verbal and written communication skills, with excellent follow-up and the ability to effectively engage with diverse stakeholders.
  • Proven ability to communicate effectively and confidently with borrowers through both email and phone calls on a regular basis.
  • Highly self-motivated to learn new skills, concepts, and technologies critical to startup success.
  • Team player with the flexibility, resilience, and entrepreneurial mindset needed to thrive in a fast-paced, deadline-oriented environment.

Responsibilities

  • Assist Loan Officers and Relationship Managers in building sponsor and loan files, collecting conditions, managing loan processes, and communicating status updates to customers.
  • Provide ongoing support to Loan Officers and Relationship Managers throughout the life of a loan, including follow-ups with customers, document collection, and serving as the main internal point of contact for assigned loans.
  • Possess basic knowledge of loan structuring, including front-end guidance, underwriting requirements, and loan products.
  • Develop a needs list based on the review of the loan structure and AscentDS's underwriting requirements.
  • Examine files for any potential issues ("red flags") in loan documentation to ensure the package is sufficient and complete.
  • Directly engage with borrowers to obtain sufficient initial documentation for submission to underwriting or portfolio management, including reviewing loan packages and structures to ensure they meet lending criteria.
  • Recommend and implement best practices as part of Ascent’s dedication to creating an industry-leading customer experience.
  • Perform other functions and assist with additional projects as assigned by Sales or Credit/Risk Management.

Benefits

  • four health plans
  • two dental plans
  • health savings account with employer contribution
  • flexible spending accounts
  • vision coverage
  • a 401(k) plan
  • other optional benefits
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