Development Risk Manager Associate, LIHTC Housing

Testing Site - JPMC; Chicago (IL); Vor Ort; USD 120.000 - 180.000; Vollzeit

Zusammenfassung

Testing Site - JPMC in Chicago seeks a Development Risk Manager to evaluate and manage LIHTC project risks from feasibility through construction and stabilization. You will work with a team to ensure successful delivery of affordable housing investments.

The role emphasizes assessment of design, budget, schedules, and regulatory compliance while coordinating with third-party consultants and Investment Committee members.

Qualifikationen

• Professional degree in Architecture, Engineering, or Construction Management.
• 7+ years in Architecture, Engineering, Construction, or Real Estate development; LIHTC experience preferred.
• Strong understanding of real estate development processes.
• Familiarity with real estate finance.
• Analytical and problem-solving abilities.
• Excellent written, presentation, and quantitative communication.
• Advanced PC skills with spreadsheets and databases.
• Ability to work independently with varied management levels.
• Ability to prioritize workload and manage competing demands.

Aufgaben

• Perform preliminary feasibility analysis from a design/construction perspective
• Conduct initial project underwriting site visits with Origination Officers
• Evaluate qualifications of development teams
• Analyze real estate market conditions and long-term competitiveness
• Review site control, entitlements, approvals, soil, and environmental conditions
• Collaborate with third-party consultants on design, budget, schedule, quality control
• Present opportunities to Investment Committee
• Assess construction contract sufficiency, contingencies, insurance
• Review project documents for conformance to guidelines
• Monitor construction and lease-up progress with third-party consultants
• Oversee disbursement of debt and equity contributions
• Maintain project construction and lease-up databases
• Foster relationships among syndicator partners and industry colleagues

Kenntnisse

Professional degree in Architecture, 1

7+ years of experience in A/E/Real-Et

LIHTC/ multifamily development

Real estate development processes

Real estate finance

Analytical and problem solving

Written/presentation/quantitative comm

Advanced PC skills (spreadsheets, DBs)

Independent work with mgmt

Prioritize workload/manage demands

Ausbildung

Professional degree in Architecture, Engineering, or Construction Management

Jobbeschreibung

Testing Site - JPMC in Chicago seeks a Development Risk Manager to evaluate and manage LIHTC project risks from feasibility through construction and stabilization. You will work with a team to ensure successful delivery of affordable housing investments.

The role emphasizes assessment of design, budget, schedules, and regulatory compliance while coordinating with third-party consultants and Investment Committee members.