Qualifications
Responsibilities
Benefits
Position Summary
The Construction Analyst is integral to our Underwriting Department, focusing on analyzing construction budgets, plans, and project feasibility to support the viability and compliance of construction projects. This rolepredominantly involvesdesk-based analysis. The Construction Analyst collaborates with the valuation, underwriting, and processing teams tofacilitatethe approval and funding of construction loans. The successful candidate willpossessstrong analytical skills, a solid understanding of construction management and financial principles, and the ability to communicate effectively with various stakeholders. Reporting directly to the Construction Manager, this position plays a crucial role in ensuring the success and integrity of our construction financing operations.
Essential Duties & Responsibilities:
Cost and Feasibility Analysis:
Conduct thorough desk-based analyses of construction budgets, project feasibility, and borrower execution capabilities for various construction projects, including standard renovations, extensive renovations, and luxury ground-up construction.
Evaluate plans, specifications, and permits to ensure all proposed projects align with financial and operationalobjectives.
Reporting and Communication:
Prepare detailed reports based on analyses and inspections, providing insights and recommendations to the underwriting team, valuations team, and processing team.
Ensuretimelycommunication of any critical findings or potential risksidentifiedduring the desk-based review or field inspections.
Collaboration and Project Oversight:
Collaborate closely with the valuations team to assess property values and project viability accurately.
Work alongside the underwriting team and processing team to ensure smooth approval and funding of construction loans.
Regulatory Compliance and Best Practices:
Ensure all construction projects comply with local building codes, zoning regulations, and environmental standards.
Stay updated on industry best practices and regulatory changes tomaintainhigh standardsof construction underwriting.
All other duties as assigned.
Key Performance Indicators
Accuracy of Budget Analysis
Report SLAs
Risk Mitigation Effectiveness
Project Approval Rate
Requirements:
Bachelors degree in Construction Management, Civil Engineering, Real Estate, Finance, ora relatedfield.Experience in the field in lieu of a degree suitable.
3-5 years of experience in construction, or a related field, witha significant portionof this experience in desk-based analysis.
Strong analytical and decision-making skills, with a focus on financial and project feasibility analysis.
Proficient in interpreting construction documents, budgets, and legal permits.
Excellent verbal and written communication skills, capable of producing detailed reports and presenting findings clearly.
Ability to work efficiently on multiple projects in a fast-paced environment.
Detail-oriented with a commitment to high-quality work and compliance.
Work Environment:
This is a hybrid position which requires in-office reporting to Anchors Thousand Oaks office on Tuesday, Wednesday, and Thursday. Remote work isoptionalMonday and Friday.
Fully remote positions are also available.
Compensation:
The base pay range for this position is$35-$45 an hour, plusannualdiscretionary bonus based on performance of the individual and company.
What We Offer:
The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability youll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:
Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD2D insurance
Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits
Highly competitive performance bonus
401(k) retirement program with employer match
Tuition reimbursement toward professional development
Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons
Onsite gym (Thousand Oaks only)
12 Paid Holidays
About Progress Residential
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