Jobs · Finance · Illinois

Construction Risk Manager

National Equity Fund, Inc. · Chicago, IL · 1 mo ago
HybridFinanceFull-time
We need to output HTML fragment with sections: About the role? The posting includes description paragraphs. We need to use

for section headings like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must include only sections that have real specific content. We need to parse the posting. Content: - Intro: "National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits (LIHTC), is seeking a Construction Risk Manager to conduct a wide range of new business initiatives. The LIHTC program is the most important resource available today for creating affordable housing in the United States. NEF uses its extensive experience, talent, and resources to create sustainable affordable housing. Under the direction of the Managing Director of Construction Risk Management, the Construction Risk Manager works within the Asset Management department of NEF. As part of a professional team, they provide expertise and analysis for Real Estate Investment activities in affordable housing developments. For investments of moderate risk and complexity, the Construction Risk Manager performs underwriting functions for both new construction and existing developments, managing risk from construction through lease-up. Additionally, they handle the administration of documentation and funding requirements, offering consulting support with a high level of professional service and conduct to both existing and potential customers." That's about the role. Could be "About the role" section. Then "Essential Duties And Responsibilities" list: bullet points (each line starts with a verb). We'll put under

Responsibilities

with
  • . Then "The Ideal Candidate" includes qualifications, skills, etc. We need to split into Requirements, Qualifications, Skills maybe. The posting includes: "Proven knowledge of construction methods and practices, particularly in the areas of new residential construction, residential rehab, and renovation. Knowledge of International Building Code Standards and accessibility requirements. Experience in contract and construction document reviews as well as the development and presentation of value engineering alternatives. Experience in and knowledge of construction progress and payment application practices. Knowledge of operations and maintenance requirements for building systems and cost evaluations. Experience and proven ability in overseeing the engagement, management and performance of third-party consultants. Demonstrable expertise in MS Office software; the use of electronic-based design and construction documentation; scheduling and project documentation and control software. Ability to develop and maintain effective working relationships with NEF and LISC staff, developers, investors, lenders, local and state government officials, and other professional staff. Excellent oral and written, communication, and interpersonal skills. Ten years of progressively responsible experience in construction management, architecture, or engineering with at least two years of experience in multi-family residential projects. Experience with for-profit housing developers, nonprofit community development corporations or the development of affordable housing a plus. General knowledge of environmental issues related to development of contaminated properties for residential use a plus. Comprehensive understanding of architectural and engineering industry practices." We can treat these as Requirements/Qualifications/Skills. The instruction: Use headings for About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We need to decide which sections have content. We have About the role (intro). Responsibilities (list). Requirements? Could be the experience requirement: "Ten years of progressively responsible experience..." etc. Qualifications? Could be knowledge etc. Skills? Could be communication, MS Office, etc. But we must avoid thin sections. Perhaps combine into Requirements and Qualifications and Skills? But we need to follow instruction: Use those headings only when posting has real specific content. We can split logically. Let's define: - About the role: intro paragraph(s) describing role and context. - Responsibilities: the bullet list under Essential Duties And Responsibilities. - Requirements: the experience requirement: "Ten years of progressively responsible experience in construction management, architecture, or engineering with at least two years of experience in multi-family residential projects." Also maybe "Experience with for-profit housing developers, nonprofit community development corporations or the development of affordable housing a plus." and "General knowledge of environmental issues related to development of contaminated properties for residential use a plus." Could be considered requirements. - Qualifications: knowledge areas: "Proven knowledge of construction methods and practices... Knowledge of International Building Code Standards... Experience in contract and construction document reviews... Experience in and knowledge of construction progress and payment application practices... Knowledge of operations and maintenance requirements for building systems and cost evaluations... Experience and proven ability in overseeing the engagement, management and performance of third-party consultants... Comprehensive understanding of architectural and engineering industry practices." - Skills: "Demonstrable expertise in MS Office software; the use of electronic-based design and construction documentation; scheduling and project documentation and control software. Ability to develop and maintain effective working relationships... Excellent oral and written, communication, and interpersonal skills." - Benefits: "We offer a competitive salary, along with a comprehensive benefits package." That's specific enough for Benefits section. No Pay or Schedule specifics, so we omit those. We must not include boilerplate like EEO etc. At end: "NEF IS AN EQUAL OPPORTUNITY EMPLOYER" - remove. Now produce HTML fragment: use

    for each section heading, then content: for prose use

    , for lists use

    • . We need to preserve all substantive information; do not invent or summarize away detail. So we need to keep each bullet point exactly as in posting (maybe slight punctuation). Let's extract responsibilities bullets: List from posting: - Evaluate the qualification of the development team for proposed rehab, renovation, and new construction developments relative to the complexity of the project under consideration. - Coordinate closely with Project Management, Originations, and other departments of any deficiencies and work with appropriate NEF personnel to correct same. - Produce written reports detailing construction attributes as well as potential risks - Conduct or oversee third party construction due-diligence reviews for proposed projects. - Provide or review written reports regarding findings, make recommendations including value-engineering alternatives - Provide comprehensive monitoring of the construction progress on multiple developments for quality, cost, schedule compliance, and adherence to project documents. - Oversee third party reporting including documentation to facilitate quality, cost and schedule control. - Provide support to General Partners and Investors and assist in the development of solutions to meet quality, cost, and schedule objectives. - Assist Asset Management staff in conducting or reviewing building inspections/evaluations and make recommendations for capital repairs and replacement strategies for the existing portfolio. - Provide training as needed to internal NEF staff as well as external partners regarding construction management procedures. - Provide support to internal NEF staff regarding general construction practices and assist in devising solutions to address issues on projects. - Maintain effective project communication among NEF staff and other external parties by documenting all appropriate project-related information in NEF’s Syndication Management Toolset (“SMT”) or other location as designated. - Review and approve or comment on all equity disbursement requests and non-equity payments as submitted by internal staff and external parties. - Ability to travel as needed. - Other duties as assigned by the Managing Director Construction Risk Management We need to keep them as list items. Now Requirements: we need to capture the specific experience requirement: "Ten years of progressively responsible experience in construction management, architecture, or engineering with at least two years of experience in multi-family residential projects." Also maybe "Experience with for-profit housing developers, nonprofit community development corporations or the development of affordable housing a plus." and "General knowledge of environmental issues related to development of contaminated properties for residential use a plus." These are "a plus" but still content. We'll put them as
      • maybe. Qualifications: list of knowledge areas. Let's extract qualifications bullets: - Proven knowledge of construction methods and practices, particularly in the areas of new residential construction, residential rehab, and renovation. - Knowledge of International Building Code Standards and accessibility requirements. - Experience in contract and construction document reviews as well as the development and presentation of value engineering alternatives. - Experience in and knowledge of construction progress and payment application practices. - Knowledge of operations and maintenance requirements for building systems and cost evaluations. - Experience and proven ability in overseeing the engagement, management and performance of third-party consultants. - Comprehensive understanding of architectural and engineering industry practices. We could also include "Demonstrable expertise in MS Office software; the use of electronic-based design and construction documentation; scheduling and project documentation and control software." but that's more skills. Skills: - Demonstrable expertise in MS Office software; the use of electronic-based design and construction documentation; scheduling and project documentation and control software. - Ability to develop and maintain effective working relationships with NEF and LISC staff, developers, investors, lenders, local and state government officials, and other professional staff. - Excellent oral and written, communication, and interpersonal skills. Note there is a typo: "Excellent oral and written, communication, and interpersonal skills." We'll keep as is. Benefits: - We offer a competitive salary, along with a comprehensive benefits package. We'll put that in

        maybe. Now ensure we don't repeat job title as heading. We'll not. Now produce HTML:

        About the role

        National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits (LIHTC), is seeking a Construction Risk Manager to conduct a wide range of new business initiatives. The LIHTC program is the most important resource available today for creating affordable housing in the United States. NEF uses its extensive experience, talent, and resources to create sustainable affordable housing. Under the direction of the Managing Director of Construction Risk Management, the Construction Risk Manager works within the Asset Management department of NEF. As part of a professional team, they provide expertise and analysis for Real Estate Investment activities in affordable housing developments. For investments of moderate risk and complexity, the Construction Risk Manager performs underwriting functions for both new construction and existing developments, managing risk from construction through lease-up. Additionally, they handle the administration of documentation and funding requirements, offering consulting support with a high level of professional service and conduct to both existing and potential customers.

        Responsibilities

        • Evaluate the qualification of the development team for proposed rehab, renovation, and new construction developments relative to the complexity of the project under consideration.
        • Coordinate closely with Project Management, Originations, and other departments of any deficiencies and work with appropriate NEF personnel to correct same.
        • Produce written reports detailing construction attributes as well as potential risks
        • Conduct or oversee third party construction due-diligence reviews for proposed projects.
        • Provide or review written reports regarding findings, make recommendations including value-engineering alternatives
        • Provide comprehensive monitoring of the construction progress on multiple developments for quality, cost, schedule compliance, and adherence to project documents.
        • Oversee third party reporting including documentation to facilitate quality, cost and schedule control.
        • Provide support to General Partners and Investors and assist in the development of solutions to meet quality, cost, and schedule objectives.
        • Assist Asset Management staff in conducting or reviewing building inspections/evaluations and make recommendations for capital repairs and replacement strategies for the existing portfolio.
        • Provide training as needed to internal NEF staff as well as external partners regarding construction management procedures.
        • Provide support to internal NEF staff regarding general construction practices and assist in devising solutions to address issues on projects.
        • Maintain effective project communication among NEF staff and other external parties by documenting all appropriate project-related information in NEF’s Syndication Management Toolset (“SMT”) or other location as designated.
        • Review and approve or comment on all equity disbursement requests and non-equity payments as submitted by internal staff and external parties.
        • Ability to travel as needed.
        • Other duties as assigned by the Managing Director Construction Risk Management

        Requirements

        • Ten years of progressively responsible experience in construction management, architecture, or engineering with at least two years of experience in multi-family residential projects.
        • Experience with for-profit housing developers, nonprofit community development corporations or the development of affordable housing a plus.
        • General knowledge of environmental issues related to development of contaminated properties for residential use a plus.

        Qualifications

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