Senior Associate – Real Estate Construction Management

About the role

This senior associate position supports the Pre‑Construction Due Diligence and Credit Team by reviewing U.S. construction budgets, drawings, schedules, cost estimates and contractor bids. The role provides risk analysis, technical memos and ongoing monitoring for real‑estate loan portfolios.

Key responsibilities

• Review and validate construction budgets, drawings, schedules and bids for accuracy and feasibility.
• Identify design, procurement, material lead‑time, sequencing and environmental risks and document them.
• Advise business lines on construction‑related contract terms, inclusions/exclusions and liquidated damages.
• Participate in loan‑agreement negotiations, providing construction‑risk expertise.
• Prepare technical memoranda on risk exposure, contingency adequacy and cost realism for credit teams.
• Support servicing teams by reviewing monthly draw packages, AIA G702/G703 forms, lien waivers, change orders and cost‑to‑complete forecasts.
• Compare draw requests to independent inspection reports and reconcile variances.
• Track permitting, inspections, state‑level compliance and environmental abatement documentation.
• Provide early‑warning risk analysis to credit, asset‑management and banking groups.
• Ensure all outputs meet U.S. banking standards, internal lending policies and credit‑risk frameworks.

Required profile

• Bachelor’s degree in Engineering (Civil, Structural or related discipline).
• Significant experience reviewing construction budgets, contracts and draw packages.
• Strong understanding of U.S. construction practices, permitting and environmental regulations.
• Proven ability to communicate technical risk assessments to finance and legal stakeholders.

Required skills

• Construction budgeting
• Cost estimating
• Construction contract analysis
• AIA G702/G703 draw review
• Risk assessment
• Credit risk analysis
• Data validation
• Compliance monitoring