Vice President, Asset Management

Macdonald & Company is pleased to be partnered with a rapidly expanding residential development finance platform to appoint a Vice President, Asset Management to their Charlotte-based Operations & Asset Management team.

The firm has scaled significantly in recent years, evolving from a niche Sunbelt-focused lender into a preferred capital partner for many of the industry’s most active residential developers. With substantial new credit facilities in place and accelerating demand across multiple Sunbelt markets, the organization is now expanding its Asset Management function to ensure strong oversight, performance monitoring, and relationship management across a growing portfolio.

This role offers the opportunity to join a high-performing, entrepreneurial platform at a moment of meaningful momentum. With Asset Management now centralized in a dedicated internal group, the VP will take full ownership of a portfolio of residential land development finance partnerships - leading sponsor relationships, overseeing project performance, driving strategic reporting, and ensuring successful execution through the full investment lifecycle.

The position reports directly to the Director of Asset Management and interfaces frequently with the wider executive leadership team, providing visibility, insight, and recommendations at the highest levels of the organization.

Responsibilities

Lead Asset Management for Assigned Portfolio

• Lead day-to-day asset management for an assigned portfolio of residential development finance partnerships, working closely with the Director of Asset Management on strategy, key decisions, and portfolio priorities.
• Manage sponsor relationships as a senior point of contact, ensuring transparent communication, aligned expectations, and consistent execution of investment objectives.

Cross-Functional Collaboration & Client Coverage

• Collaborate closely with the Investment Management team on underwriting, diligence, credit approvals, and transitioning new deals into active asset management.
• Act as an additional senior point of contact for sponsors and development partners, enhancing relationship coverage and ensuring consistent communication across the platform.

Strategic Oversight & Reporting

• Prepare and deliver portfolio-level reporting to senior leadership, capital partners, and external stakeholders.
• Synthesize financial, operational, and development data into actionable insights and recommendations.

Performance Management & Underwriting

• Oversee revenue/expense forecasting, variance analysis, sensitivities, and long-range projections.
• Provide strategic input on new investment underwriting and due diligence; review and challenge assumptions prepared by Analysts/Associates.

Land Development Monitoring

• Oversee development progress for active projects, including schedules, budgets, entitlements, and construction milestones.
• Identify risks early and develop mitigation strategies with sponsors.

Capital & Draw Management

• Manage draw review packages, capital allocation, and funding requests with a focus on accuracy, controls, and performance.
• Ensure compliance with partnership agreements, covenants, and reporting obligations.

Process Leadership & Internal Systems

• Oversee proper use and enhancement of proprietary asset management software and internal workflows.
• Champion process improvement initiatives across the platform.

Qualifications

• Bachelor’s degree in finance, real estate, accounting, engineering, or a related field; master’s degree preferred but not required.
• 7–12 years of asset management experience within private credit, real estate private equity, homebuilding or land development, or BTR/SFR investment platforms.
• Demonstrated leadership capacity - comfortable taking full ownership of a portfolio and managing sponsor relationships.
• Advanced financial modeling skills and mastery of Excel; strong command of reporting and investment analytics.
• Exceptional written and verbal communication skills, with the ability to present to senior leadership and capital partners.
• Strong critical thinking and judgment skills, capable of making informed decisions in fast-paced and evolving situations.
• Entrepreneurial, motivated, and comfortable working in a lean team environment.
• High attention to detail paired with the ability to manage multiple complex workstreams simultaneously.
• Intellectually curious, proactive, and able to anticipate issues before they arise.