Asset Manager

Dominion Financial Services; United States; Remote; USD 90.000 - 130.000; Vollzeit

Benefits dieser Stelle

Health insurance

Dental insurance

Vision insurance

401(k)

401(k) matching

Paid time off

Zusammenfassung

Dominion Financial Services, a nationwide private lender, seeks an Asset Manager to own a portfolio of loans that are not fully compliant. You will design solutions to bring loans back to compliance, work on maturity extensions, draw management, and other exceptions, and use underwriting judgment and risk analysis to reach practical outcomes.

This is a hands-on role partnering with borrowers and senior leadership to protect capital while maintaining borrower relationships, with AI tools like

Qualifikationen

• Bachelor's degree required.
• 3+ years in asset management, loss mitigation or commercial servicing.
• Experience evaluating construction budgets and draw requests.
• Understanding of bridge lending and non-QM products.
• Proficiency with AI tools for underwriting review.

Aufgaben

• Own and actively manage a portfolio of loans out of compliance through cure or transfer.
• Monitor borrower behavior to spot deviations and protect company capital.
• Evaluate budgets, scopes of work, and draw requests for extensions or workouts.
• Lead negotiations with borrowers and coordinate with underwriting and legal teams.
• Escalate to loss mitigation when a loan cannot be cured and document outcomes.

Kenntnisse

Asset management

Financial analysis

Credit analysis

Negotiation

Communication

AI tools usage

Attention to detail

Problem solving

Ausbildung

Bachelor's degree

Tools

Excel

Word

Claude AI

CoStar

MLS

Jobbeschreibung

Dominion Financial Services

DFS is a nationally recognized private lender serving real estate investors nationwide through Short-Term Bridge Loans and Long-Term Rental Financing. DFS empowers clients to scale their businesses by providing the debt capital to achieve strong real estate project outcomes. We are seeking experienced Asset Managers to take ownership of a portfolio of loans that are not maintaining full compliance with their loan agreements, and to partner with borrowers whose loans have moved off the standard path for a performing loan.

This is not a maintenance or customer service role. You will identify loans that are falling out of compliance with their loan agreements, including those drifting from the borrower's business plan, before they default, and develop practical solutions that keep the borrower on track and protect company capital. You will also work directly with borrowers who need a maturity extension, have draw management issues, or require other exceptions to business-as-usual servicing. You will combine underwriting judgment, financial and construction analysis, and sound structuring to reach agreements that work for both the borrower and DFS, and you will feed what you learn back into how DFS originates and services loans.

Our Company’s Core Values:

• Integrity
• Accountable & Dependable
• Team Centric
• System & Process Oriented
• Service Ethic
• Organized Efficiency - Risk Management & Compliance

Your Impact:

• Identify loans that fail to maintain full compliance with their loan agreements and design asset management solutions that return them to compliance before they reach default, protecting company capital while keeping the borrower relationship strong.
• Partner with borrowers who are struggling with maturity extensions, draw management, and other requests that fall outside standard expectations for a performing loan, and structure fair, well-documented outcomes.
• Apply underwriting-level financial, construction, and risk analysis to guide extension, modification, and workout decisions, and recommend escalation to loss mitigation when a loan cannot be cured.
• Determine the root cause of why loans drift off plan and translate those lessons into stronger underwriting and servicing procedures.
• Serve as a trusted advisor to borrowers and executive leadership on loans that need attention.

Responsibilities:

• Own and actively manage a portfolio of loans that are out of compliance with their loan agreements, from first identification of the deviation through cure, resolution, or transfer to Special Assets.
• Monitor portfolio performance and borrower behavior to spot compliance deviations early, such as slow or inconsistent progress against the approved plan, missed or late payments, insurance or tax lapses, repeated draw issues, upcoming maturities without a clear exit, and changes in the borrower's liquidity or project scope.
• Evaluate the borrower's business plan and any change of plan by reviewing construction and rehab budgets, scopes of work, permits, draw requests, and inspection reports, and determine whether the property's actual condition and completion status have deviated materially from the original plan.
• Review and structure maturity extension requests, assessing the borrower's progress, exit strategy, liquidity, and collateral position, and recommend terms, conditions, and pricing that protect the company.
• Manage draw exceptions and other deviations from standard servicing, including updated budgets, re-underwriting after scope changes, and holdbacks, and communicate requirements and timelines clearly to the borrower.
• Analyze borrower financial and liquidity position and project performance to assess risk, and recommend and guide a course of action.
• Identify discrepancies and red flags in draw requests, budget revisions, borrower documentation, and guarantor or ownership structures, and elevate suspected fraud or misrepresentation with clearly documented support.
• Execute asset management solutions such as extensions, additional collateral or guarantors, and workout agreements, in partnership with leadership, and refer loans to foreclosure when intervention does not succeed.
• Lead and direct sometimes difficult conversations with borrowers and guarantors about performance issues, required remediation, and the consequences of continued non-compliance.
• Partner with underwriting, servicing, legal, and executive leadership to determine and execute the best path forward for each asset.
• Present complex loan situations involving material non-compliance clearly and confidently to leadership, with well-supported written analysis and actionable recommendations.
• Use AI tools, including Claude, to accelerate document review, financial and construction analysis, borrower communication, and pattern detection across your portfolio.
• Contribute ideas that challenge existing processes and help the department scale while maintaining a high standard of risk management.

Requirements:

• Bachelor's degree required.
• 3+ years of experience in property or asset construction and renovation, asset management, loss mitigation or workout, or commercial servicing, or a comparable combination of experience.
• Understanding of business purpose loans, including maturity extensions, modifications, and the mechanics of default and workout.
• Experience evaluating construction and renovation budgets, draw requests, and scopes of work across project types (new construction, cosmetic renovation, full gut rehab, multifamily).
• Ability to assess a borrower's business plan, exit strategy, and liquidity to decide whether a loan can be restructured.
• Excel proficiency; strong Word skills.
• Excellent written and verbal communication skills, with the ability to partner with borrowers and lead difficult conversations professionally and confidently.
• Sound judgment and critical thinking: able to evaluate situations on their merits rather than by checklist alone.
• High attention to detail balanced with big-picture risk thinking.
• Proficiency with, and willingness to work with, AI tools that research borrowers and loans and create efficient reporting.

Preferred Qualifications:

• Background in construction, general contracting, construction engineering, or construction risk analysis.
• Experience with bridge or fix-and-flip lending, including extension and draw management.
• Experience underwriting Non-QM products (DSCR, bank statement, asset depletion).
• Familiarity with mortgage and servicing software and real estate data platforms (MLS, CoStar).
• Prior experience identifying or investigating loan fraud, borrower misrepresentation, or guarantor structuring issues.
• Experience providing feedback to or training AI-assisted underwriting or risk models.

AI-Enabled Workplace

Our company actively incorporates artificial intelligence into daily operations and expects team members to utilize AI tools as part of their standard workflow. All employees are provided with access to Claude, including unlimited token usage, and are encouraged to leverage AI to increase productivity, automate routine tasks, improve communication, enhance decision-making, and drive innovation. Experience with AI tools is preferred, and a willingness to adopt AI-assisted work practices is expected for this role.

Benefits:

• Health insurance
• Dental insurance
• Vision insurance
• 401(k)
• 401(k) matching
• Paid time off

While At Dominion You Will Enjoy

• Company outings & social events
• Virtual events
• Professional development and AI training opportunities
• Access to leading AI tools, including Claude
• Companywide competitions and raffles
• Personal Financial Workshops
• Orioles Season Tickets