Director, Portfolio Management

Why Anchor Loans?

Anchor Loans is one of several operating companies owned by Pretium Partners (+$60B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.

Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.

Position Summary

We are seeking an experienced and strategic professional with 7+ years of experience in construction servicing, surveillance, asset management and portfolio risk management to join our team as a Director of Portfolio Management for our construction lending division. This role will manage a diverse portfolio of construction loans across the country and will serve as a key point of contact for internal and external stakeholders.

Essential Duties & Responsibilities

• Portfolio Surveillance & Risk Monitoring:
• Oversee the surveillance of a diverse portfolio of construction loans, ensuring timely identification of early delinquencies, credit deterioration, and market risks.
• Continuously enhance risk rating system and ensure consistent application of internal risk framework.
• Analyze trends in portfolio performance and emerging risks across markets, sponsors, and project types.
• Generate comprehensive project-by-project and portfolio-level reports and presentations for various internal and external stakeholders highlighting portfolio health, key risks, and mitigation efforts.
• Asset & Portfolio Management:
• Oversee an active portfolio of construction loans, ensuring compliance with loan covenants, monitoring construction progress and overseeing sell-out/lease-up progress
• Design and execute early-stage intervention strategies to resolve at risk loans an mitigate transfers to Special Servicing.
• Manage the watchlist process, including setting inclusion criteria, leading periodic reviews, and overseeing action plans.
• Develop tailored workout solutions that result in successful completion of the project and/or repayment of the loan.
• Cross-functional Collaboration:
• Work closely with originators, capital markets, underwriting, construction monitoring, and special servicing teams to maintain end-to-end visibility into loan and portfolio performance.
• Participate in enhancing policies in procedures.
• Team Leadership & Development:
• Lead and mentor a team of analysts and asset managers responsible for ongoing monitoring and workouts.
• Develop performance goals, provide coaching, and foster a high performance culture within the team.
• Preform other duties as assigned.
  

Requirements

• 7+ years of direct industry experience.
• Strong surveillance, risk management, portfolio management, and asset management skills.
• Deep understanding of and direct experience with all stages of the full lifecycle of commercial real estate development—from acquisition and entitlements to design, permitting, construction, and stabilization/sell-out.
• Specialized experience in residential/multifamily development is highly desirable.
• Strong management and interpersonal skills for direct reports
• Strong analytical and credit underwriting skills.
• Excellent project management and communication skills.
• Ability to work independently and collaboratively in a hybrid work environment.
  
  

Work Environment

This is a hybrid position which requires in-office reporting to Anchor’s Thousand Oaks office on Tuesday, Wednesday, and Thursday. Remote work is optional Monday and Friday.

Compensation

The base pay range for this position is $130,000-$160,000 plus annual discretionary bonus based on performance of the individual and company.

What We Offer

The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:

• Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance
• Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits
• Highly competitive performance bonus
• 401(k) retirement program with employer match
• Tuition reimbursement toward professional development
• Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons
• Onsite gym (Thousand Oaks only)
• 12 Paid Holidays
  
  

Diversity matters to our organization, and we are proud to be an equal opportunity employer. All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.