Builder Finance VP - Real Estate Development & Structured Financing

Annaly Capital Management, Inc.; Northern, New York (KY, NY); Hybrid; USD 180,000 - 240,000; Full time

Job summary

Annaly Capital Management, Inc. seeks a Vice President to underwrite, execute, finance, and surveil builder finance investments across residential construction lending.

You will evaluate opportunities in land banking, A&D loans, and joint ventures with homebuilders, supporting underwriting, modeling, due diligence, and portfolio surveillance. The role involves market research, development of development finance models, preparation of investment memoranda, and collaboration with legal, lenders,

Qualifications

• Bachelor’s degree required with strong analytical and modeling skills.
• 8+ years in fast-paced capital markets or homebuilder environment.
• Real estate finance, land banking, or development experience preferred.

Responsibilities

• Underwrite, execute, finance, and surveil builder finance investments.
• Create and refine project-level financial models with timelines and debt scenarios.
• Prepare investment memoranda and approval materials for committees.
• Coordinate due diligence, market research, and transaction materials.
• Collaborate with counsel, lenders, developers, and partners during execution.
• Report portfolio performance, collateral values, and project progress.

Skills

Analytical thinking

Financial modeling

Multi-project management

Communication skills

Education

Bachelor's Degree

Tools

Excel

Zonda

John Burns Research

Job description

Annaly Capital Management, Inc. seeks a Vice President to underwrite, execute, finance, and surveil builder finance investments across residential construction lending.

You will evaluate opportunities in land banking, A&D loans, and joint ventures with homebuilders, supporting underwriting, modeling, due diligence, and portfolio surveillance. The role involves market research, development of development finance models, preparation of investment memoranda, and collaboration with legal, lenders,