Portfolio Manager

Our client, Enact Partners is a commercial real estate lending firm built on trust, disciplined underwriting, and long-term thinking. Based in Carlsbad, CA, they originate and service bridge, construction, and land loans ranging from $500K to $10M across 30+ states, operating two funds: the EP Guardian Fund (EPGF) and the Enact Opportunity Fund (EOF). This is a rare chance to step into a true leadership role at a profitable, growing commercial real estate lending firm with a high-performing team. We are looking for a seasoned, finance-literate leader who will own the active loan book end-to-end, from closing coordination through servicing, payoff, and fund-level cash reporting, and who is motivated by doing that work exceptionally well. This is a senior, hands-on role for someone who has managed a private-lending or CRE debt portfolio, is fluent in loan and fund finance, and can direct legal and accounting specialists. You will also mentor a loan analyst and help refine lending processes for scalable growth. Reporting to the VP of Operations, you will play a central role in the firm’s continued growth. If you are a leader who wants to own a critical function at a successful private lending firm and take pride in running it with precision, this could be the ideal situation. Key Responsibilities Portfolio Management and Loan Servicing Own the active loan book: reviewing and approving payoff demands, extensions and modifications, maturity tracking, and construction draw processing within established authority and turnaround standards. Monitor funding readiness and ensure timely, well-controlled servicing actions across a multi-state portfolio. Manage defaults and workouts; coordinate evictions, disputes, and litigation support with outside counsel. Maintain loan and pipeline data integrity, support ongoing audits, and improve reporting workflows covering interest calculations and servicing costs. Loan Closing and Settlement Coordination Oversee settlement statements, loan documents, deeds of trust, and HUD statements; coordinate title/escrow, signing, and wire/funding timing. Manage outstanding conditions and certificates of insurance to keep closings on schedule. Fund Cash Management and Financials Report fund cash position and lending capacity across both funds; maintain the borrowing base and manage pledge requests. Coordinate monthly financials with the fund administrator, reviewing for accuracy and timeliness. Design and maintain cash management and portfolio reporting. Required Qualifications 8+ years in commercial real estate lending, private/bridge lending, or CRE debt portfolio management. Fluent in fund and loan finance: cash-position reporting, borrowing-base mechanics, reconciliations, and interest calculations. Demonstrated ownership of loan servicing and closing coordination, including title/escrow and wire/funding controls. Sound judgment on deal structure: advances, holdbacks, LTV/LTC, interest reserves, and collateral. Proficiency with CRM and reporting systems and a track record of improving data integrity and process. Excellent prioritization and communication; able to manage competing deadlines during high-activity periods. People-management or mentoring experience is a plus. How This Role Handles Accounting and Legal This is not an accounting or legal position. Fund accounting is handled by our fund administrator and bookkeeping function; loan-document drafting and litigation are handled by outside specialists. The Portfolio Manager owns portfolio and fund-reporting decisions and coordinates these resources. Compensation: Salary of $145,000-$165,000 plus bonus plan #J-18808-Ljbffr