Wholesale Lending Services - Construction Management Lead

J.P. Morgan; Buenos Aires; Presencial; ARS 9.750.000 - 12.500.000; Jornada completa

Descripción de la vacante

A leading global financial institution is looking for a Construction Risk Professional based in Buenos Aires to provide technical project review and risk advisory support for U.S. commercial real estate projects. The ideal candidate will have significant construction knowledge and experience in project management, along with strong analytical and communication skills. This position entails comprehensive risk assessments, construction phase monitoring, and collaboration across teams to ensure project success and compliance with U.S. standards.

Formación

• 3–8+ years of demonstrated experience in construction risk or project engineering.
• Ability to analyze construction plans and budgets effectively.
• Understanding of U.S. construction contracts and loan agreements.

Responsabilidades

• Conduct pre-construction due diligence and support credit team.
• Monitor construction phase and review progress draws.
• Provide risk reporting and early-warning analysis.
• Ensure compliance with U.S. banking standards.
• Collaborate cross-border with various stakeholders.

Conocimientos

Construction knowledge

Analytical skills

Verbal communication skills

Negotiation skills

Project management

Educación

Bachelor's Degree in Engineering, Architecture, or Construction Management

Herramientas

Excel

Primavera

MS Project

Descripción del empleo

We are seeking a Buenos Aires–based Construction Risk Professional to provide technical project review and risk advisory support for U.S. commercial real estate projects financed through loans or equity capital.

This role delivers comprehensive coverage and risk assessment for U.S. deal teams across time zones. The ideal candidate brings advanced construction knowledge, strong analytical skills, and the ability to interpret and advise on U.S. documentation, risk frameworks, and contract negotiations.Exceptional verbal communication skills are essential, as this position requires frequent, direct engagement with Credit teams, Bankers, Clients, and Attorneys.

Job Responsibilities

1. Pre-Construction Due Diligence & Credit Team Support

• Review and analyze U.S. construction budgets, drawings, schedules, cost estimates, and contractor bids for accuracy, feasibility, and adequacy.
• Evaluate project plans and budgets to determine if the budget is sufficient for project completion and occupancy, and assess risks and pitfalls for each scope of work, including those faced by the General Contractor (GC).
• Identify and articulate risks related to design, procurement, materials lead times, construction sequencing, and environmental abatement, including associated documentation.
• Advise Line of Business (LOB) on construction risks, including contract terms, inclusions/exclusions, liquidated damages, and specific Terms and Conditions added by the GC.
• Participate in negotiations for construction terms within loan agreements, providing expert input on risk and contract structure.
• Prepare technical memos summarizing construction risk exposure, contingency adequacy, cost realism, and environmental risk for U.S. credit teams.
• Analyze, closing draws verifying budget reallocation and adequacy to complete, invoice reconciliation, lien waiver review, and validation against site inspection reports

2. Construction-Phase Monitoring & Draw Review Support

• Transfer pre-closing analysis to servicing teams to support ongoing project monitoring which includes:
  • Review monthly draw packages, including AIA G702/G703 forms, subcontractor lien waivers, schedule updates, change orders, contingency usage, and cost-to-complete forecasting.
  • Compare draw requests against independent U.S. inspection reports; reconcile variances or potential overbilling.
  • Track permitting, inspections, compliance with U.S. state-level regulations, and environmental abatement documentation.
  • Monitor contractor performance, labor availability, supply chain risk, and progress on environmental abatement.

3. Portfolio Risk Reporting & Early-Warning Analysis

• Provide advanced analytical insights for U.S. Credit, Asset Management, and Banking groups, including early-warning analysis of emerging risks.

4. Governance, Controls & Compliance

• Ensure all outputs follow U.S. banking standards, internal lending policies, and credit-risk frameworks.
• Support internal audits, data validation, quality control, and documentation consistency.
• Maintain strict confidentiality and data-security standards aligned with U.S. financial-services requirements.

5. Cross-Border Collaboration

• Coordinate daily with Closing Team, Servicing Construction Administrators, U.S. Underwriters, Construction Inspectors, Legal & Credit Officers, Portfolio Managers, and Real-Estate Developer Clients.
• Provide time-zone-shifted support to accelerate U.S. response and closing cycles.
• Participate in virtual meetings and negotiations with borrowers, contractors, attorneys, and banking team members, demonstrating strong verbal communication and negotiation skills.

Required qualifications, capabilities and skills

• Bachelor’s Degree in Engineering (Civil, Structural, Industrial), Architecture, Construction Management, Quantity Surveying, or similar.
• 3–8+ years of demonstrated experience in construction risk, project engineering, construction management, cost control, or technical due diligence.
• Exceptional verbal and written communication skills for direct engagement and negotiation with Credit teams, Bankers, Clients, and Attorneys.
• Advanced understanding of U.S. construction contracts, including contract types (Guaranteed Maximum Price [GMP], Stipulated Sum, Cost Plus, etc.), inclusions/exclusions, liquidated damages, and GC-specific terms and conditions.
• Strong understanding of loan agreements and ability to participate in negotiations for construction terms.
• Strong understanding of construction schedules and ability to assess schedule feasibility and risks (required).
• Strong understanding of environmental abatement risks and documentation, including regulatory requirements and best practices.
• Ability to analyze plans, budgets, and cost structures to determine adequacy and identify risks for each scope of work, including those impacting GC performance.
• Solid Excel and analytics skills; familiarity with project controls tools (Primavera, MS Project) is a plus.
• Comfortable working remotely with U.S. teams and producing high-quality deliverables independently.