Senior Construction Analyst
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|Status:||Inactive / Filled|
|Title:||Senior Construction Analyst|
|Job Location:||Saint Louis, MO|
|Base Compensation:||$60,000 — $70,000|
|Total Compensation:||$70,000 — $85,000|
|Benefits:||strong benefit package|
|Is Employer Willing to Relocate?:||No|
|Employment Type:||Full Time / Direct Hire|
|Job Categories:||Commercial Lending - Real Estate; Investments & Securities; Specialty Lending|
|Industries:||All Industries; Construction|
WHY IS THIS A GREAT OPPORTUNITY?
Opportunity to join this fast growing business with a major publicly traded company. They offer a very dynamic growing culture, good growth potential and great benefits including bonus potential, 3-4 weeks vacation, etc.
JOB DESCRIPTIONGeneral Summary: This individual will primarily perform construction underwriting tasks of the construction component of project investments for risk assessment and analysis of investments throughout the Pre-Close phase. The Senior Construction Monitoring Analyst will provide specific construction underwriting tasks supporting Project Management administering all aspects of construction related documentation including plans, soils, and environmental analysis ensuring the project will maintain compliance per the binding agreements and contracts, from deal closing and construction commencement through construction completion, transitioning to the compliance period. Essential Functions: Works closely with Project Management in coordinating and negotiating pre-close construction documentation and review of construction related documents including general contracts and general conditions, engaging third party consultants, review of upfront project cost analysis, plans, other support reports including soils, environmental, and remediation plans, construction schedule, performance and payment bonds, disbursing agreements, and other construction required documents necessary to close investments. Analyze and set-up project budget, review and approve the initial closing draw package ensuring all required documentation is submitted per the conditions to fund as outlined in the binding agreement. Works closely with engaged third party Construction Consultant's (Inspectors) to analyze the projects plans, conduct pre-con site visits, keen ability to identify and mitigate potential construction risks, and ensure the project will maintain compliance with all tax credit programs during the course of construction through completion. Enhance external business-relationships and serve as the point of contact with third party professionals, Developer's, Owner's, External Partners, and General Contractors in the construction underwriting and closing process, maintaining and delivering exceptional customer service. Receives and reviews monthly construction draw requests from invested assets. Analyze the status of construction based on required submitted draw package documentation through analysis of budgets, payment applications, change orders, lien waivers, invoices, title updates, Consultant reports, contracts, and other required documentation. Communicates with asset managers regularly in authorizing or denying monthly funding requests, budget re-allocations, change order requests, placed in service schedules, and monitoring compliance throughout construction. Conducts site visits during construction, on an as-needed basis, and attend draw meetings on-site. Participates in the establishment, improvement, and maintenance of policies and procedures necessary for accomplishing the group's tasks.
Basic Qualifications Bachelor's degree - preferably in Construction Management, Project Management, Civil Engineering, or Real Estate. Three to five years of construction related experience in real estate development or lending including the underwriting of real estate projects, new construction, occupied rehabilitation, historic rehabilitation and, commercial construction. Project Management and/or Contract Management Certified a plus.
Underwriting experience of real estate projects including negotiation of legal documents. In-depth knowledge of standard construction industry documentation, specifically AIA documents including but, not limited to G701, G702 & G703's, G704, G706 and others. Extensive comprehension of General Contracts, particularly Stipulated Sum, Guaranteed Maximum Price (GMP), and General Conditions. Thorough understanding of construction industry standards for retention, contingency usage, lien waivers, stored materials and other items associated with payment applications. Exceptional understanding of budget re-allocations and ability to track budget changes. Highly detailed-oriented with strong analytical and problem solving skills Solid ability to multi-task and be driven by a fast paced environment Must be able to meet hard deadlines Excellent verbal and written communication skills Must be able to work independently but, also in a team environment. Proficient computer skills, specifically in Microsoft Excel and other Microsoft Office applications
Total Years of Experience: