---
title: 'Relationship Manager, Third Party at Ascent Developer Solutions'
canonical: 'https://feeny.ai/job/relationship-manager-third-party-ascent-developer-solutions-encino-hgvhcb8pgf6w'
type: 'job'
last_seen: '2026-09-05'
---

# Relationship Manager, Third Party at Ascent Developer Solutions

- **Company:** Ascent Developer Solutions
- **Location:** Encino, CA
- **Posted:** 2026-07-17
- **Last confirmed live:** 2026-09-05
- **Apply:** https://job-boards.greenhouse.io/ascentds/jobs/4300204009

## Job description

## 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 Work.

- Serve as the primary relationship owner and cultivator for an assigned portfolio of existing Sponsors (Borrowers) and Brokers building trusted long-term partnerships that drive client satisfaction, repeat business, and increased wallet share across Ascent's lending platform.
- Analyze and structure Multi-Family, Single Family, Homebuilder, Build-to-Rent and Manufactured Housing bridge, renovation and construction loan opportunities by reviewing project budgets and proformas and creating DSCR and other models as necessary. Determine pricing and run profitability and revenue models. Assess overall project feasibility while proactively identifying and communicating mitigants for credit, construction, and execution risks. Write conditions and covenants as part of overall loan structures.
- As part of reviewing loan opportunities, evaluate Borrower financial statements, organizational structures, capital stacks, equity partners, track record, SREOs, and overall operational capability of the Borrower to determine Borrower qualifications, financial strength and ability to successfully execute the proposed project.
- Conduct an initial review of appraisal reports to evaluate collateral value, identify valuation concerns or inconsistencies, and confirm the appraisal supports the proposed loan structure.
- Collaborate with Loan Officers and Corporate Loan Officers in the Third-Party division to prepare and present loan opportunities to internal and external approval authorities.
- Lead first time Borrower approval processes by managing Borrower expectations, coordinating with internal teams, and ensuring a seamless operational execution from receipt of initial Borrower needs lists through closing. Review, prepare and package borrower approval documentation, prior to sending to Lending Team and Credit for review and approval.
- Have a strong command and comprehensive understanding of the loan pipeline and collaborate with other departments to identify and resolve issues to improve loan execution and speed to closing.
- Manage loan portfolio for assigned Borrowers by monitoring covenant compliance and partnering with internal departments to develop solutions for issues related to exposure limits, interest reserves, post-closing conditions, annual renewals, and servicing activities. Clearly communicate outcomes, expectations, and next steps to Borrowers while ensuring timely issue resolution and ongoing portfolio performance.
- Perform other duties as assigned by Sales or Credit leadership.

Your Skills and Experience.

- 5+ years of experience in commercial real estate, bridge, and construction lending through third-party broker channels.
- Demonstrated experience analyzing and structuring commercial loan transactions, including reviewing Borrower financial statements, project budgets, proformas, capital stacks, organizational structures, appraisals, and other underwriting documentation to support sound lending decisions.
- Excellent communication and relationship building skills and proven ability to build and manage relationships with sophisticated Borrowers and Brokers, in addition to cross-functional internal stakeholders while delivering exceptional client service.
- Excellent verbal, written, and presentation skills, with the ability to communicate effectively with Borrowers, Brokers and internal leadership.
- Bachelor's degree or equivalent professional experience required; California Real Estate License or the ability to obtain one is preferred.
- Proficiency in Microsoft Excel, MS Office, CRM platforms, and other business applications.
- Highly organized, analytical, and self-motivated, with the ability to manage multiple priorities and thrive in a fast-paced, collaborative, and deadline-oriented environment.

The Pay

- Salary for this role is $140,000-$175,000 annually plus eligibility for a 20% bonus.

The Work Environment

- This role works on-site from Ascent's Encino office, Monday - Thursday (Fridays are work-from-home).

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.

## About Ascent Developer Solutions

## Company Overview
- **One-liner**: Ascent Developer Solutions is a private lending and institutional debt platform that provides customized short-term financing solutions for top-tier single-family, homebuilder, and multi-family developers.
- **Entity Type**: Private (funded via Private Equity round)
- **Headquarters**: Los Angeles (Encino), California, United States
- **Founded**: 2024
- **Founders**: Robert Wasmund

## Core Business
- Primary industry/industries: Financial Services (Real Estate Lending / Private Credit)
- Target customers: B2B — top-tier single-family developers, homebuilders, multi-family developers, and residential real estate investors
- Mission or purpose statement: To offer developers an efficient and streamlined advantage through customized financing solutions, proprietary software, and data-driven insights. The company was founded "For Developers. By Developers."

## Products & Services
- **Single-Family Luxury Loans**: Short-term secured loans for the purchase, renovation, and construction of luxury, market-rate, multi-property, and short-term rental assets.
- **Homebuilder Loans**: Build-for-sale and build-to-rent project financing for homebuilders.
- **Multi-Family Loans**: Financing for mixed-use, for-rent, and for-sale multi-family assets, including manufactured housing communities.
- **Bridge Financing**: Post-completion bridge loans for developers transitioning projects to permanent financing.

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed (private company)
- **Key Metric**: Total Funding — Private Equity round led by Elliott Management Corp. (July 2024); the management team has collectively originated **over $20 billion** in loans across **20,000+ loan originations**.
- **Notable Investors/Partners**: Lead investor is **Elliott Management Corp.** (via Elliott Investment Management L.P.), a major global investment firm.
- **Growth Signals**: 
  - Rapid headcount growth: +89.5% year-over-year, now at 81 employees
  - Active expansion into New England with a new Boston office
  - Featured closings include a $39 million facility for a development parcel in the Inland Empire and a $14.25 million bridge loan for a 290-unit rental portfolio in Houston
  - 13 active job postings (as of mid-2026), with job posting volume up +116.7% year-over-year

## Competitive Advantages
- **Deep Industry Expertise**: Founded by Robert Wasmund, with an executive leadership team that collectively represents **200+ years** of hands-on industry experience and a proven track record of scaling private loan origination platforms.
- **Proprietary Technology**: The company leverages its own proprietary software and data product suites to streamline the lending process, doing the "heavy lifting" so team members can focus on high-value work.
- **Strong Capital Backing**: Backed by Elliott Management Corp., providing significant institutional credibility and capital access.
- **Niche Focus**: Specializes exclusively in top-tier developers, allowing for deep domain expertise and tailored solutions that generalist lenders cannot easily replicate.

## Strategic Focus
- **National Expansion**: Actively expanding beyond California into new markets, including the New England region (Boston office).
- **Talent Acquisition**: Aggressively hiring across multiple functions (sales, technology, legal, operations) to support rapid growth.
- **Technology Investment**: Continuing to build out proprietary software and data analytics capabilities to maintain a competitive edge in loan origination and servicing.
- **Product Diversification**: Expanding into manufactured housing community lending and other specialized real estate asset classes.

## Why Work Here
- **High-Growth Environment**: The company is in a rapid scaling phase (89.5% headcount growth YoY), offering employees the chance to grow their careers alongside the business.
- **Data-Driven Culture**: Ascent emphasizes leveraging data and insights for informed decision-making, making roles "more impactful and rewarding" — a strong draw for analytical talent.
- **Innovation & Adaptability**: The company describes itself as "constantly innovating & adapting" to provide new products and market opportunities, giving employees exposure to new skills and challenges.
- **Work Policy**: In-office (on-site) at the Encino, Los Angeles headquarters and the new Boston office. Employees work from physical offices.
- **Notable Perks**: Recognition programs like the "Apex Award for Employee Excellence"; emphasis on career growth and skill development.
- **Engineering/Culture Highlights**: The technology team (led by SVP of Technology John Issa) is building proprietary tools that directly impact the business. Roles like Senior Data Engineer and Senior Data Scientist are actively posted, indicating a strong technical backbone and investment in data infrastructure.

## Sources
1. [ascentds.com](https://www.ascentds.com/)
2. [ascentds.com/about-us](https://www.ascentds.com/about-us)
3. [ascentds.com/careers](https://www.ascentds.com/careers)
4. [linkedin.com/company/ascent-developer-solutions](https://www.linkedin.com/company/ascent-developer-solutions)
5. [builtin.com/company/ascent-developer-solutions](https://builtin.com/company/ascent-developer-solutions)

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