Construction Risk & Underwriting Specialist

Ascent Developer Solutions; Boston (MA); On-site; USD 85,000 - 100,000; Full time

Job summary

Ascent Developer Solutions is seeking a Construction Risk Associate to evaluate high-value residential construction loan applications with precision. You will analyze financial data, project plans, and risk assessments, enabling sound lending decisions while collaborating with Loan Officers, relationship managers, and regulators.

The role is on-site in our Boston office, with occasional site visits and a focus on large-scale projects ($3M–$20M).

Qualifications

• Bachelor's degree or equivalent practical experience in construction management, financial analysis and project financing.
• 3+ years underwriting or risk assessment experience in construction lending within banking.
• Advanced knowledge of financial modeling techniques.
• Proficiency with construction management software (TrustPoint, Procore) and MS Office.
• Strong analytical and decision-making abilities.
• Experience meeting deadlines in a fast-paced environment.

Responsibilities

• Assess project feasibility, risk factors, and borrowers' creditworthiness under underwriting guidelines.
• Prepare underwriting documentation including risk assessments and loan recommendations.
• Conduct site visits to assess progress and compliance.
• Contribute to decisions on projects valued $3–$20 million.
• Provide strategic insights to drive growth and cost-effectiveness.
• Translate project data into actionable financial insights.
• Consult with Loan Officers to package solutions.
• Collaborate with relationship managers, borrowers, regulators, and partners.
• Monitor construction loan portfolio performance.
• Provide regular reports to senior management.
• Develop financial models and risk analyses for large projects.
• Review portfolio reporting to improve decision-making.
• Advocate integration of digital solutions to optimize processes.
• Demonstrate high ethical standards.
• Visit job sites for progress inspections.
• Visit prospective sponsors for on-site meetings.

Skills

Analytical thinking

Decision making

Stakeholder communication

Time management

Portfolio risk assessment

Education

BA/BS in construction management, finance, business, real estate, or related field

Tools

TrustPoint

Procore

Microsoft Office

Job description

Ascent Developer Solutions is seeking a Construction Risk Associate to evaluate high-value residential construction loan applications with precision. You will analyze financial data, project plans, and risk assessments, enabling sound lending decisions while collaborating with Loan Officers, relationship managers, and regulators.

The role is on-site in our Boston office, with occasional site visits and a focus on large-scale projects ($3M–$20M).