Vice President of Real Estate Debt Portfolio Management

Shine Associates, LLC

San Francisco, CA

POSITION SPECIFICATION

VP, PORTFOLIO MANAGER, REAL ESTATE DEBT

Shine Associates, LLC has been retained to search, identify, and recruit a VP, Portfolio Manager, Real Estate debt on behalf of our client (Company’). This position will be based in the San Francisco, CA office.

CONFIDENTIALITY

Shine Associates, LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning our client provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidate’s personal review of the career opportunity.

CLIENT DESCRIPTION

Our client is a 100% employee-owned investment advisor based in Seattle, Washington. Founded in 1978, the firm offers its clients a wide range of real estate debt and equity, fixed income and stock strategies. As of September 30, 2025, the Company manages over $8.8 billion in assets.

As an investment manager to union trusts, the Company believes that strategy decisions must balance return opportunities with prudent risk considerations. The firm recognizes that the capital entrusted to its management represents its clients’ benefit obligations. The Company strives to provide superior risk-adjusted returns across all investment strategies.

VP, PORTFOLIO MANAGER, REAL ESTATE DEBT

The VP, Portfolio Manager, Real Estate Debt will play a critical role in assisting the Senior Portfolio Manager (“SPM”) in management of all aspects of the principal debt funds. This includes working with the SPM to analyze prospective new loans, products, and markets as well as plan for strategic positioning of the portfolio. This senior position will collaborate with the other members of the real estate debt team, including production, accounting and transactions, to ensure the SPM’s portfolio and investment objectives are achieved.

KEY RESPONSIBILITIES

Servicing and Workouts

Identify and review impaired loans and lead in the negotiations for necessary restructuring with the approval and oversight of the SPM.
Coordinate the foreclosure and deed in lieu process with the Borrower, legal counsel and internal departments.
Manage the internal approval and documentation process for any debt restructurings
Supervise servicing of all loans in the two principal funds, and any debt separate accounts.
Administer all construction and land loans by approving draws, change orders, CC&Rs, easements, and partial release requests.
With the SPM, assist accounting and compliance to resolve all audit requests and action items.

Fund Management

Join Client Services and SPM in client & consultant calls.
Assist SPM in maintaining the 12-month cash flow projections to track cash available for new investments.
Assist with training and supervision of analysts and loan production staff.

Loan Production

Provide input to the SPM on new potential loan transactions related to underwriting, structure and pricing.
Assist the SPM in managing the underwriting and credit memo process for recommending new lending proposals to credit committee.

Loan Closing

Assist the SPM in managing the legal aspects of a loan closing by negotiating the loan documents, signing documents for the funds, and determining needed post-close conditions. Work closely with the transactions team and accounting.

QUALIFICATIONS AND EXPERIENCE

Bachelor’s degree in Finance, Economics, Accounting, or related field. MBA preferred.
10+ years of experience in commercial real estate, investment banking, private equity, or asset management.
Expertise in loan workouts and debt restructuring.
Strong proficiency in financial modeling, valuation techniques, loan sizing, and Excel.
Experience with all major property types and markets.
Excellent analytical, problem-solving, and quantitative skills.
Strong written and verbal communication skills.
Ability to present complex information clearly.
Detail-oriented, organized, and able to manage multiple projects under tight deadlines.

WORKING CONDITIONS

Normal office environment with domestic travel as required for due diligence, property inspections and meetings with investment partners, clients, and borrowers. Extended hours may be required to meet transaction or client deadlines.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. The Comapny believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. This position description is designed to outline primary duties, qualifications, and job scope, but not limit our employees nor the organization to just the work identified. It is our expectation that each employee will offer their services wherever and whenever necessary to ensure the success of the company.

COMPENSATION & BENEFITS

The annual salary for this role is expected to be approximately $175,000-$225,000. Additional bonus can be earned and will be determined based on performance. In addition, this role may be eligible for a variety of financial, wellbeing, and health / welfare benefits.

CONTACT INFORMATION

Shine Associates, LLC

45 School Street, Suite 301

Boston, MA 02108

www.shineassociatesllc.com

Timothy Shine, Principal

Shine Associates, LLC

Tim@shineassociatesllc.com

(203) 676-1115

Hillary H. Shine, Principal

Shine Associates, LLC

Hillary@shineassociatesllc.com