--- title: 'Sales Associate, Construction Lending at Ascent Developer Solutions' canonical: 'https://feeny.ai/job/sales-associate-construction-lending-ascent-developer-solutions-encino-rvb3yejyfvae' type: 'job' last_seen: '2026-10-24' --- # Sales Associate, Construction Lending at Ascent Developer Solutions - **Company:** Ascent Developer Solutions - **Location:** Encino, CA - **Posted:** 2026-10-07 - **Last confirmed live:** 2026-10-24 - **Apply:** https://job-boards.greenhouse.io/ascentds/jobs/4391615009 ## 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 Role The Sales Associate (SA) collaborates closely with Loan Officers and Relationship Managers to meet loan production targets by establishing and maintaining continuous business relationships with borrowers. The SA aids in managing the pipeline, loan processes, and portfolio management to support the Loan Officers and Relationship Managers. The Work - Pipeline Management: Assist Loan Officers and Relationship Managers in building sponsor and loan files, collecting conditions, managing loan processes, and communicating status updates to customers. - Loan Support: Provide ongoing support to Loan Officers and Relationship Managers throughout the life of a loan, including follow-ups with customers, document collection, and serving as the main internal point of contact for assigned loans. - Loan Structuring: Possess basic knowledge of loan structuring, including front-end guidance, underwriting requirements, and loan products. - Needs Assessment: Develop a needs list based on the review of the loan structure and AscentDS's underwriting requirements. - Documentation Review: Examine files for any potential issues ("red flags") in loan documentation to ensure the package is sufficient and complete. - Borrower Interaction: Directly engage with borrowers to obtain sufficient initial documentation for submission to underwriting or portfolio management, including reviewing loan packages and structures to ensure they meet lending criteria. - Customer Centric: Recommend and implement best practices as part of Ascent’s dedication to creating an industry-leading customer experience. - Perform other functions and assist with additional projects as assigned by Sales or Credit/Risk Management. Your Skills and Experience. - 2+ years of experience in sales or customer service, focused on construction and bridge business purpose lending or equivalent experience. - Proficient in MS Office, and ideally SharePoint; adaptable to learning new tools and technologies in a dynamic setting. - Ability to apply critical thinking and problem-solving skills to innovate and adapt in a rapidly changing environment. - Strong organizational and execution capabilities with a focus on driving results. - Strong verbal and written communication skills, with excellent follow-up and the ability to effectively engage with diverse stakeholders. - Proven ability to communicate effectively and confidently with borrowers through both email and phone calls on a regular basis. - Highly self-motivated to learn new skills, concepts, and technologies critical to startup success. - Team player with the flexibility, resilience, and entrepreneurial mindset needed to thrive in a fast-paced, deadline-oriented environment. The Pay. - Compensation range for this position is $31.00 - $40.00 per hour plus overtime with a discretionary bonus plan of 15% per year. The Work Environment - This role works on-site, Monday - Thursday (Fridays are work-from-home). - Full-time, 40 hours per week; must be available for occasional overtime. - Some nights and weekends required. Our Benefits We offer a comprehensive benefits package designed to support your health, well-being, and work-life balance. Our benefits include four health plans, two dental plans, health savings account with employer contribution, 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) ## Other roles at Ascent Developer Solutions - [Relationship Manager, Construction Lending](https://feeny.ai/job/relationship-manager-construction-lending-ascent-developer-solutions-encino-wy5xvxp61sq3) — Encino, CA - [Vice President - Real Estate Transactions Attorney](https://feeny.ai/job/vice-president-real-estate-transactions-attorney-ascent-developer-solutions-nep3q96d67xw) — Encino, CA - [Funding Associate](https://feeny.ai/job/funding-associate-ascent-developer-solutions-encino-8j5v51s670g3) — Encino, CA - [Forward Deployed Engineer II](https://feeny.ai/job/forward-deployed-engineer-ii-ascent-developer-solutions-encino-cqrz7c83rsmw) — Encino, CA - [Forward Deployed Engineer I](https://feeny.ai/job/forward-deployed-engineer-i-ascent-developer-solutions-encino-b60fsyhwctsk) — Encino, CA - [Senior Vice President, Capital Markets](https://feeny.ai/job/senior-vice-president-capital-markets-ascent-developer-solutions-encino-xp2efbb2cazr) — Encino, CA - [Construction Risk Associate](https://feeny.ai/job/construction-risk-associate-ascent-developer-solutions-boston-6r3667ea92v2) — Boston, MA - [Director, IT Operations](https://feeny.ai/job/director-it-operations-ascent-developer-solutions-encino-jbrry5vbt5vn) — Encino, CA - [Vice President, Loan Officer](https://feeny.ai/job/vice-president-loan-officer-ascent-developer-solutions-encino-mt49834z2wr7) — Encino, CA - [Machine Learning Engineer](https://feeny.ai/job/machine-learning-engineer-ascent-developer-solutions-encino-cmk29j2fpm51) — Encino, CA