Sydney based (National role)
About the opportunity
Our client is a leading Australian alternative asset manager with a significant, well-established real estate private credit platform. They are looking for an Associate Director or Director to join the Asset & Portfolio Management team. You will help actively manage the loan book, protect capital and maximise investor outcomes.
This is a hands-on, high-impact role. You will oversee a portfolio of real estate loans, with a particular focus on assets that need close attention, restructuring or a tailored resolution strategy. You will work closely with the investment, legal and executive teams, and your work will directly shape portfolio performance and investor returns.
Key responsibilities
Actively manage a portfolio of real estate private credit investments across the asset lifecycle
Lead the strategy and execution for loans that need intensive management, including restructures, refinancing, enforcement and recovery outcomes
Monitor borrower performance, covenants, project progress and security positions, and flag emerging risks early
Work with borrowers,



receivers, legal advisers, valuers and other stakeholders to reach commercial outcomes
Prepare clear, well-reasoned recommendations and reporting for investment committees and senior leadership
Help refine portfolio management frameworks, processes and early-warning systems
About you
7 to 15 years of relevant experience, ideally in real estate private credit, asset management or portfolio management
We will also welcome applicants from accounting advisory, restructuring and insolvency, or legal backgrounds who have robust real estate and lending exposure
Proven experience managing complex or underperforming credit positions through to resolution
Strong commercial judgement, financial analysis and negotiation skills
Confident working with stakeholders at all levels, with a calm, structured and solutions-focused approach
Relevant tertiary qualifications in finance, commerce, law, property or a related discipline
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📌 Associate Director, Real Estate Private Credit (Brisbane)
🏢 Capstone Recruitment
📍 Brisbane