10+ years of experience in construction processes and documentation
Preferred degree in engineering, architecture, or construction management
5+ years in construction lending with a focus on risk management
Proficiency in Word, Excel, and PowerPoint
Excellent interpersonal and communication skills
Ability to handle multiple projects and prioritize effectively
Self-motivated team player who can also work independently
Responsibilities
Oversee third-party engineers and architects for quality and compliance
Review construction information at key project milestones
Communicate with stakeholders to identify and mitigate construction risks
Prepare detailed Pre-Construction and Post-Construction Analysis Reports
Review monthly construction status and documentation
Assess property condition to advise on loan funding
Provide training on construction risk management guidelines
Benefits
401(k) retirement plans with employer match
Medical, dental, and vision benefits for employees and dependents
Commuter benefits
Generous PTO including vacation and parental leave
Tuition assistance program
Two 'work from anywhere' weeks per year
Summer Fridays
Collaborative working spaces
Community service days
Employee development and engagement events
Full Job Description
Role Summary:
The Director of Construction Risk Management will provide oversight and guidance to CPC's construction lending activities for affordable housing projects located mostly in the upstate NY region. The Director will work with the company-wide lending teams and will be responsible for providing expertise regarding compliance guidelines, procedures, and policies related to construction lending risk. The qualified candidate will assess and make recommendations to mitigate construction risk on individual projects as well as on a portfolio-wide basis.
What You'll Do:
Oversee CPC's third-party inspecting engineers and architects: select consultants, establish and communicate requirements and expectations, ensure ongoing quality and compliance with established CPC requirements
Review construction related information at loan commitment, during construction and at loan conversion, in accordance with CPC Credit Policy.
Communicate with borrowers, contractors and architects to identify and assess potential and ongoing issues, risks and mitigates that impact project budget and completion schedule, making appropriate recommendations to mitigate risk
Prepare Pre-Construction and Post-Construction Analysis Reports, in compliance with CPC guidelines, providing a narrative summary, including property and site description, development team's qualifications, adequacy of budget and schedule, environmental issues/resolutions, seismic issues/resolution and any other outstanding issues/resolutions as well as all material change orders ensuring that the revisions do not negatively impact the completion/marketability or on-going operational costs of the Property
Review of monthly construction status reports and construction documentation
Review Property Condition Assessment reports to advise of condition, overall quality and any on-going operational costs of a property that is under consideration for loan funding.
Provide training seminars to internal and external clients on construction risk guidelines, procedures and policies
Perform administrative duties related to construction portfolio management and documentation, as necessary.
Skills and Experience:
10 years of experience and demonstrated knowledge of building materials and design, construction processes and documentation, cost analysis and project scheduling for both agency level and non-agency level construction projects
A professional background or accredited degree in the field of engineering, architecture or construction management is preferred
Minimum 5 years' experience in a construction lending environment, and/or representing construction lenders, with significant responsibility managing construction risk
Strong Word, Excel, and PowerPoint skills
Strong interpersonal and written and verbal communication skills
Ability to manage multiple projects and to prioritize a varied workload
Must be a self-starter, team player, yet also able to work independently.
What We Offer:
Competitive compensation
401(k) retirement plans with employer match
Medical, dental, and vision benefits for employees and their dependents
Commuter benefits
PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
Tuition assistance program
Two "work from anywhere" weeks per year
Summer Fridays
Collaborative working spaces
Service days to support our communities
Employee development and engagement events
More about our offerings and culture here
This is a remote role available in Illinois, Michigan, California, Connecticut, Massachusetts, Washington DC, and Texas. Periodic travel to our Manhattan or Chappaqua, NY office may be required. The salary range is $155,000 - $170,000, dependent on experience and market factors.
Applicants must be authorized to work in the United States. The Community Preservation Corporation does not provide employment sponsorship of any kind. Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.
