Asset Manager

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.

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

• 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.

• 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…