--- title: 'Senior Vice President, Capital Markets at Ascent Developer Solutions' canonical: 'https://feeny.ai/job/senior-vice-president-capital-markets-ascent-developer-solutions-encino-xp2efbb2cazr' type: 'job' last_seen: '2026-09-05' --- # Senior Vice President, Capital Markets at Ascent Developer Solutions - **Company:** Ascent Developer Solutions - **Location:** Encino, CA - **Posted:** 2026-09-04 - **Last confirmed live:** 2026-09-05 - **Apply:** https://job-boards.greenhouse.io/ascentds/jobs/4267008009 ## 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. Position Overview We are seeking a seasoned Capital Markets and Treasury leader to drive the strategy, execution, and expansion of the firm’s capital structure . This role will be responsible for sourcing, structuring, and managing institutional capital, while overseeing treasury operations to ensure optimal liquidity, funding efficiency, and risk management. Reporting to the CFO and coordinating closely with the CEO and General Counsel, this leader will own the buildout of the firm’s capital markets function from current state to programmatic securitizer, including launch of an inaugural securitization, development and ramp of whole-loan sale and/or participation programs, and evolution of the capital stack to support the firm’s full-lifecycle lending vision. The ideal candidate brings deep relationships across institutional investors, direct experience leading securitization and whole-loan sale / participation programs, a strong track record in structured finance and credit markets, strong interdepartmental teamwork and collaboration, and the ability to align capital strategy, treasury management, and lending operations in a rapidly scaling environment. ## Key Responsibilities Capital Strategy & Execution - Develop and lead the firm’s capital markets strategy to support private lending originations and growth targets - Structure and execute financing solutions, including warehouse facilities, securitizations, CRE CLOs, whole-loan sale programs, forward flow agreements, loan participations, and institutional partnerships - Optimize cost of capital, liquidity, and leverage across the platform - Lead the firm’s evolution from a balance-sheet warehouse funder to a programmatic securitization issuer, building a hybrid capital stack across warehouse, securitization, whole-loan sales, and loan participations to maximize capital velocity, ROE, and balance-sheet capacity - Reduce guarantee structures over time through diversified funding strategies and negotiations with warehouse counterparties - Define and execute the path to long-term capital products, including the development of an Agency correspondent lending program to support long-term takeout financing for the firm’s multifamily, manufactured housing, and homebuilder portfolios Treasury Management - Oversee the firm’s treasury function, including liquidity management, cash forecasting, and funding allocation - Ensure efficient deployment of capital across lending programs and investment strategies - Manage warehouse and bank credit facility relationships across a existing multi-counterparty bank facilities, advance-rate optimization, covenant compliance, and daily cash operations - Drive wet-funding execution, advance-rate optimization, and pledge-to-leverage timing across all warehouse facilities to improve capital efficiency - Build and maintain rolling cash forecasts and longer-term liquidity models integrated with the firm’s origination, servicing, and accounting systems - Develop and implement policies for liquidity risk, interest rate exposure, and capital efficiency, managing an executing trades for the firm’s hedging strategy in conjunction with a third-party hedging advisory parter - Partner with finance and accounting teams on cash management, reporting, and covenant compliance Investor Relations & Capital Raising - Cultivate and manage relationships with CUSIP investors, insurance companies, pension funds, credit funds, banks, and strategic partners (agency lenders, retail mortgage bankers, and homebuilders) - Support debt capital raising across warehouse, securitization, term, and structured finance products, partnering with the CEO and CFO on equity capital activities as needed - Negotiate Master Loan Purchase Agreements (MLPAs), forward flow agreements, and loan participation arrangements with banks and strategic investors - Represent the firm at industry conferences (SFA, IMN, MBA, ABS East/West) to deepen its profile with the institutional investor and rating agency communities - Partner with senior leadership and the firm’s board members on investor communications, reporting, and strategic positioning Structured Finance & Transactions - Lead structuring, underwriter selection, and execution of inaugural and subsequent securitizations, including residential transitional loan (RTL) deals and a future CRE CLO program collateralized by stabilized bridge and DSCR loans; chart the path between rated and unrated execution - Build and manage relationships with rating agencies (KBRA, DBRS Morningstar, S&P, Fitch, Moody’s), bank underwriters, trustees, custodians, etc. - Establish and scale a programmatic whole-loan sale program and a loan participation program (par sales with retained servicing strip, premium sales, and gain-on-sale execution) across RTL and future term products - Partner with Legal, Operations, Finance, and Technology to build the operational, accounting, and reporting infrastructure required for securitization at scale - Ensure efficient execution from term sheet through closing Portfolio & Risk Alignment - Collaborate with credit, underwriting, and portfolio management teams to align capital structures with asset performance - Monitor market conditions and adjust funding strategies accordingly - Lead asset-liability management (ALM) and interest-rate hedging across both floating-rate  and fixed-rate products, including rate caps, swaps, and forward-starting hedges - Monitor eligibility criteria, concentration limits, advance rates, and covenant baskets across all warehouse facilities and securitization vehicles ## Team Leadership - Lead and develop both the Capital Markets and Treasury teams, ensuring strong coordination between funding strategy and liquidity management - Build scalable processes, infrastructure, and controls across capital markets and treasury functions - Mentor team members and foster a high-performance, collaborative culture ## Qualifications - 10–15+ years of experience in capital markets, treasury, structured finance, or private credit - Proven track record raising capital and managing liquidity in a lending or specialty finance platform - Deep understanding of residential and commercial real estate credit, with specific experience in private bridge, construction, or RTL lending, or adjacent specialty finance - Strong existing network of institutional capital providers, including warehouse banks, CUSIP investors, insurance companies, pension funds, and credit funds - Direct experience leading securitization programs (RTL, CRE CLO, RMBS, or residential whole-loan), warehouse facility origination and renegotiation, and structured credit products - Demonstrated experience overseeing treasury operations, including liquidity and risk management - Demonstrated ability to lead asset-liability management and interest-rate hedging programs in a multi-billion dollar lending platform - Track record of scaling capital markets and treasury infrastructure (process, technology, controls, accounting and reporting) for institutional credibility and rating agency readiness - Exceptional negotiation, communication, and leadership skills - Bachelor’s degree required; MBA or CFA preferred ## Preferred Experience - Experience within a private lending platform, fintech lender, or specialty finance firm - Familiarity with real estate bridge lending, construction lending, or asset-based finance - Experience scaling both capital markets and treasury infrastructure in high-growth environments - Familiarity with agency multifamily programs (FNMA DUS, Freddie Mac Optigo Seller/Servicer) - Experience building or relaunching a securitization program from inception, including establishing rating agency relationships and operational readiness ## Compensation - Competitive base salary + performance-based bonus - Long-term incentive/equity participation - Comprehensive benefits package ## Why Join Us - Opportunity to lead capital markets at a high-growth, institutionally-backed private lending platform with a multi-billion-dollar origination run-rate and a clear path to becoming a full-service private lender for top-tier residential developers - Build the capital markets function from current state to programmatic securitizer – including launch of inaugural securitization, ramp of the whole-loan sale program, reduction of contingent liability, and evaluation of agency takeout - Work alongside a proven leadership team with multi-cycle track records building and scaling national specialty finance and money-center bank lending platforms, in an entrepreneurial environment with direct visibility to the CEO, CFO, and the firm’s institutional equity sponsor 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) ## Other roles at Ascent Developer Solutions - [Learning and Development Manager](https://feeny.ai/job/learning-and-development-manager-ascent-developer-solutions-encino-t9vmm4ay9xf7) — Encino, CA - [Client Acquisition Associate](https://feeny.ai/job/client-acquisition-associate-ascent-developer-solutions-encino-ytjsr0pn1v60) — Encino, CA - [VP, Relationship Management](https://feeny.ai/job/vp-relationship-management-ascent-developer-solutions-encino-gv2v5b315gjx) — Encino, CA - [Construction Risk Associate](https://feeny.ai/job/construction-risk-associate-ascent-developer-solutions-boston-6r3667ea92v2) — Boston, MA - [Relationship Manager, Third Party](https://feeny.ai/job/relationship-manager-third-party-ascent-developer-solutions-encino-hgvhcb8pgf6w) — Encino, CA - [Director, IT Operations](https://feeny.ai/job/director-it-operations-ascent-developer-solutions-encino-jbrry5vbt5vn) — Encino, CA - [Senior Analyst](https://feeny.ai/job/senior-analyst-ascent-developer-solutions-encino-ksnrcngav1en) — Encino, CA - [Relationship Manager, Manufactured Communities](https://feeny.ai/job/relationship-manager-manufactured-communities-ascent-developer-solutions-encino-crg6jh3xkg3w) — Encino, CA - [Sales Associate, Construction Lending](https://feeny.ai/job/sales-associate-construction-lending-ascent-developer-solutions-encinco-y31zqb98b991) — Encinco, CA - [Vice President, Corporate Loan Officer](https://feeny.ai/job/vice-president-corporate-loan-officer-ascent-developer-solutions-encino-fy1gfmg936wr) — Encino, CA