Vice President, Loan Servicing

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Position Title : Vice President, Loan Servicing

About Ascent

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.

The Role. Ascent is seeking a dynamic and results-driven Vice President of Loan Servicing to oversee the servicing operations for our commercial real estate loan portfolio. In this role, you will be responsible for managing day-to-day loan servicing activities, optimizing operational processes, and ensuring compliance with federal, state, and investor guidelines. You will lead a high-performing team, collaborate with key stakeholders, provide borrowers with high quality service, and leverage technology to enhance efficiency and deliver an exceptional customer experience.

The Work.

• Oversee the servicing of commercial real estate loans, including monitoring loan performance, managing payments, and ensuring accurate documentation.
• Manage day-to-day operations such as payment processing, escrow management, investor reporting, and default management.
• Review and approve loan advances, payments, payoffs, construction loan draw requests, inspection reports, and other loan servicing activities.
• Build and maintain strong relationships with internal and external stakeholders, including investors, borrowers, regulators, and service providers
• Develop and implement strategic initiatives to optimize operations and enhance customer experience.
• Lead the loan servicing department, providing guidance, coaching, and mentorship to drive performance and achieve departmental goals.
• Collaborate with other departments, such as loan origination, underwriting, compliance, and asset management, to streamline processes and improve efficiency.
• Monitor and update loan servicing practices in response to evolving federal, state, investor guidelines, as well as internal company policies.
• Monitor key performance indicators (KPIs) to assess team performance and identify areas for improvement.
• Identify opportunities and oversee implementation of technological solutions that enhance servicing operations.
• Stay updated on industry trends, regulatory changes, and best practices in commercial and mortgage loan servicing, implementing changes as needed.

Your Skills and Experience.

The Pay.

Our Benefits

We offer a comprehensive benefits package designed to support your health, well-being, and work-life balance. Our benefits include five health plans, two dental plans, health savings and flexible spending accounts, vision coverage, a 401(k) plan, and other optional benefits from which to choose.

Our Pledge

We pledge to be fair and considerate in hiring and promoting individuals, ensuring everyone can contribute their fullest potential regardless of background, identity, or personal circumstances. By promoting equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society. At Ascent, we stand united in building a community where everyone is empowered to succeed. Thank you for joining us on our journey towards a more inclusive future.

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