Director Asset Management

Digna Recruitment is retained on a confidential search for a senior Asset Management hire with an established, well‑capitalised real estate credit platform in New York.

This is a rare build mandate. The lending business has scaled to the point where asset management needs to come in‑house and be run as its own function - and this is the person to build it. You'll stand up the internal asset‑management platform, put the process, reporting and infrastructure in place, and grow a small team over time, on a clear Head of Asset Management trajectory.

The role

• Build out the firm's internal asset‑management function, bringing a currently cradle‑to‑grave process fully in‑house
• Quarterback asset management alongside finance – surveillance, valuations, covenant and portfolio monitoring across a scaling loan book
• Lead workouts, restructurings and loan modifications on transitional product
• Establish the systems, processes and reporting infrastructure to support institutional‑grade AM
• Grow and lead a team of one to three as the function proves out

You’ll bring

• Strong asset‑management / portfolio‑management experience for a debt fund, credit platform or bank CRE group
• Genuine workout and restructuring depth – someone who has managed a loan through trouble, not just monitored a performing book
• A track record of building or materially improving AM process and infrastructure – not just operating within one
• Comfort across transitional CRE credit – bridge and construction
• New York base; this is an in‑person team

Compensation

Competitive, weighted toward base – in the region of $450‑500,000 all‑in, commensurate with experience.