Asset Management Associate

Job Description 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 Company's loan management and draw portal. Monitor loan-level budgets and identify potential cost overruns or construction delays. Portfolio Oversight & Reporting Maintain accurate and current loan data across internal systems and third-party servicing platforms. Track loan performance metrics, including construction progress, interest collections, maturity schedules, and covenant compliance. Prepare and distribute regular portfolio and performance reports for internal management and external capital partners. Support monthly and quarterly loan reporting packages including asset summaries, watchlists, and pipeline updates. Assist in reconciliation of loan-level data between internal systems and management reports. Borrower Relations & Loan Resolution Provide high-touch borrower service through client onboarding and relationship management. Serve as the day-to-day liaison with third-party loan servicers to ensure proper payment processing, escrow administration, and compliance reporting. Coordinate loan payoffs, reconveyances, and releases in a timely manner. Identify and escalate at-risk loans and collaborate with senior asset managers to implement mitigation strategies. Process Improvement & Compliance Assist in developing and refining standard operating procedures and internal controls for construction monitoring and asset management. Ensure compliance with loan agreements, investor guidelines, and internal credit policies. Support audits, data integrity checks, and special projects as needed. Qualifications : Bachelor's degree in Finance, Real Estate, Accounting, or related field. 1-3 years of experience in loan servicing, construction lending, asset management, due diligence, or real estate finance. Strong analytical and Excel skills; proficiency with reporting tools and data management systems. Excellent communication and organizational skills with strong attention to detail. Ability to multitask in a fast-paced environment and collaborate across teams. Preferred : Experience with Residential Transition / Fix-and-Flip or construction loan products. Preferred : Exposure to capital markets reporting, warehouse lines, or investor relations. Compensation & Benefits : Competitive base salary commensurate with experience. Performance-based bonus Fully funded Health, dental, and vision insurance. Opportunity to earn equity in the Company