Manager, Loan Asset Management

Evergreen Residential is a high growth early-stage institutional investment platform in the single-family residential ('SFR') sector. We are committed to changing the way investors own and manage SFR homes, and to building a modern way to deliver the data, tools and services that enable our clients to invest in the world’s largest asset class at scale. Our team is collaborative, open-minded and curious. Transparency is a core value, we speak our minds, are responsible for our actions and celebrate our wins. We are serious about our business, but we don't take ourselves too seriously.

We offer a flexible, empowering culture, competitive compensation and benefits, and the opportunity to work with and learn from industry pioneers and experts.

If you are self-motivated and mission driven with a ‘can do’ mindset and see solutions where others may see problems, come and grow with us

The Business

Our recently launched credit platform (“Evergreen Credit”) acts as a direct lender to residential real estate investors. We source, underwrite, structure, originate, and manage a variety of asset-backed debt instruments, ranging from term loans to highly structured growth facilities. We are seeking an experienced loan asset manager to join the growing Evergreen Credit team in an Associate or Manager position.

This is a unique opportunity to be an early hire and strategic member of the Evergreen Credit team in building out the asset management function for this business.  This position represents a rare blend of a asset management operations role with an entrepreneurial business-building startup role.

This office-based position may be in either Dallas Downtown or New York City, with a 4/1 hybrid work schedule available.

The Role:   This position includes, but is not limited to, the following responsibilities:

• Contribute to the design and scaling of Evergreen Credit’s loan asset management function
• Monitor and analyze loan performance and real estate asset level performance
• Oversee, instruct, and collaborate with third-party loan servicing partners
• Gather, review, analyze, and present financial reporting and diligence from borrowers
• Create internal reports and memorandums as well as external reports for capital partners
• Lead ongoing transaction activity for closed loans, such as draws, collateral releases, collateral substitutions, inspections, and prepayments, and coordinate with relevant third parties
• Maintain various trackers and monitoring systems to ensure compliance with loan documentation and capital partner agreements (e.g. reserve accounts, property insurance, cash management, trigger periods, concentration limits, reporting, etc.)
• Actively communicate with borrowers and capital partners to solve issues or questions
• Design, optimize, and integrate effective workflows, procedures and policies with systems to enhance operational efficiency

Qualifications and Experience

• Undergraduate degree and strong academic background
• 3-6+ years of experience in corporate finance, capital markets, asset management, loan servicing, or similar types of roles
• Experience with asset-based finance, real estate, direct lending, and/or SFR
• Track record managing investments, analyzing performance, and ensuring quality control
• Sense of urgency and satisfaction from solving problems, meeting deadlines, and achieving goals
• Ability to communicate and collaborate with external clients or stakeholders, with both “institutional” and “retail” counterparties
• Natural comfort with quantitative analysis and superior attention to detail
• Familiarity and comfort with loan documents; ability to think like a lawyer
• Self-motivated and driven; ability to work effectively in a dynamic environment
• Excellent judgment and integrity

Please do not rely on compensation estimates for our jobs that are posted on sites other than our direct website as these may be misleading. 

About Evergreen Residential

Founded in 2021, Evergreen Residential is a full-service SFR platform leveraging proven operational practices and the latest technological advances to optimize investor returns and achieve positive outcomes for our residents and the communities in which we operate. We offer a full suite of services, including Investment Management, Asset Origination, and Advisory Services. The firm is headquartered in Dallas with offices in New York