Asset Management Associate (New York)

About Us :

Ledger Trade and Capital is a dynamic, growth-oriented lender specializing in new construction and investment lending for residential assets. We are focused on bringing institutional capital to the ground level, providing tailored financing options that help our clients thrive and scale. We have a forward-thinking approach and commitment to being a trusted partner in transforming real estate projects into successful investments.

Culture and Values :

At Ledger, we value entrepreneurial spirit, collaboration, and innovation. As a fast-growing startup, we foster an environment where ideas are encouraged, agility is rewarded, and everyone is empowered to drive impact. Our team thrives on collaboration, focusing on the work in front of us while supporting each other to deliver the best experience for our clients.

Position Summary :

Ledger Trade & Capital is seeking a highly organized and detail-oriented Asset Management Associate to join our growing real estate lending platform. The role focuses on actively managing a portfolio of Residential Transition Loans, ensuring that each asset performs optimally through effective monitoring, communication, and coordination among borrowers, servicers, and capital partners.The role requires excellent communication skills as you will often be communicating with external counterparties including clients and vendors.

Key Responsibilities :

Loan Administration & Draw Management

• Manage the construction draw process from request through funding, including document review, inspection coordination, budget tracking, and lien waiver verification.
• Communicate directly with borrowers, contractors, and inspectors to ensure smooth and timely disbursement of funds.
• Utilize and continue to improve the Companys loan management and draw portal.
• Monitor loan-level budgets and identify potential cost overruns or construction delays.

Portfolio Oversight & Reporting

Borrower Relations & Loan Resolution

Process Improvement & Compliance

Qualifications :

Compensation & Benefits :