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Director, Construction Risk Management – Affordable Housing Finance

🕒 September 16

🏄 California, Connecticut, +4 more states – Remote

infoinfo

💵 $155k - $170k / year

⏰ Full Time

🔴 Lead

🔒 Insurance

Where this job comes from

Posted on The Community Preservation Corporation's careers page, not through a job board

First seen by Remote Rocketship September 16

Still open on The Community Preservation Corporation's site. Checked 4 hours ago.

Logo of The Community Preservation Corporation

The Community Preservation Corporation

51 - 200 employees

Founded 1974

🏗️ Construction

🏠 Real Estate

💸 Finance

Construction • Real Estate • Finance

The Community Preservation Corporation is a national nonprofit lender and investor that finances, acquires, and preserves affordable, workforce, and sustainable multifamily housing. It provides construction and bridge loans, permanent mortgage products (including as a nonprofit-owned Freddie Mac, Fannie Mae, and FHA lender), and equity investments, while administering programs to advance electrification, climate-friendly building practices, and developer access for underserved communities. CPC leverages decades of housing finance and public policy expertise to expand affordable housing, promote long-term affordability and stability, and support community-scale sustainability and economic inclusion across the U. S.

📋 Description

• Provide oversight and guidance for CPC’s construction lending activities, mostly for affordable housing projects in upstate New York • Work with company-wide lending teams on construction lending risk compliance guidelines, procedures, and policies • Assess and recommend mitigation of construction risk on individual projects and across the portfolio • Oversee third-party inspecting engineers and architects, including consultant selection, requirements, quality, and compliance • Review construction-related information at loan commitment, during construction, and at loan conversion • Communicate with borrowers, contractors, and architects to identify and assess budget and schedule risks and recommend mitigations • Prepare pre-construction and post-construction analysis reports • Review monthly construction status reports and construction documentation • Review Property Condition Assessment reports and advise on property condition, quality, and ongoing operational costs • Provide construction risk training seminars to internal and external clients • Perform administrative duties related to construction portfolio management and documentation as necessary

🎯 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 • A professional background or accredited degree in engineering, architecture or construction management is preferred • Strong Word, Excel, and PowerPoint skills • Strong interpersonal and written and verbal communication skills • Ability to manage multiple projects and prioritize a varied workload • Must be a self-starter and team player, able to work independently • Must be authorized to work in the United States • Employment sponsorship is not provided

🏖️ 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 • Bonus offered

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