Director, Construction Risk Management (Affordable Housing Finance)

The Community Preservation Corporation•Dallas, TX

21d•$155,000 - $170,000•Remote

About The Position

The Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, dedicated to contributing to comprehensive neighborhood revitalization through lending and partnerships. Since 1974, CPC has provided capital to underserved housing markets, investing over $15 billion to create and preserve more than 230,000 units of housing. CPC operates a robust construction lending platform, a mortgage bank, and equity and impact investment platforms focused on expanding affordable housing, closing the racial wealth gap, and investing in the green economy. CPC seeks talented individuals passionate about its mission and values of commitment, respect, excellence, accountability, and collaboration.

Requirements

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
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.
Applicants must be authorized to work in the United States.
Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.

Nice To Haves

A professional background or accredited degree in the field of engineering, architecture or construction management is preferred

Responsibilities

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.

Benefits

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