Construction Management Officer (Job #352) ($92,102 - $101,637)

General Purpose:

Under general supervision of the RCAC Loan Production and Credit Manager this position provides technical assistance and coordination support to RCAC Loan Officers and clients regarding construction oversight, property inspections, and pay application processing. By monitoring construction activities and coordinating due diligence processes, the Construction Management Officer supports RCAC's risk mitigation efforts throughout the project lifecycle.

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all qualifications, responsibilities, duties and skills required.

Job Duties and Responsibilities:

Pre-Construction and Underwriting Support:

• Conducts site visits for proposed construction projects to assess project suitability and provides detailed site visit reports to the Loan Officer with recommendations for Loan Production & Credit Manager review.
  
• Reviews development budgets for reasonableness and key components, flagging concerns or inconsistencies for supervisor guidance.
• Reviews and summarizes third-party cost analysis reports for Loan Officer use.

Construction Monitoring and Coordination:

• Coordinates document review process including project budgets, timelines, contracts, and permits to verify accuracy and completeness prior to Loan Production & Credit Manager approval.
• Manages engagement with third-party professionals such as construction inspectors, compiling their assessments for Loan Officer review.
• Reviews pay request documentation including third-party inspection reports, verifying that invoiced work appears complete and documentation is received. Prepares recommendations for Loan Production & Credit Manager approval.
• Coordinates schedule of regular on-site inspections by internal staff or third-party firms, documenting progress alignment with draw requests and noting quality or compliance concerns for supervisor review.
• Reviews change orders submitted by contractors and analyzes their impact on project budget and timeline, preparing impact assessments for Loan Production & Credit Manager decision.
• Monitors for potential red flags such as unusual draw requests, project delays, or inspection issues, promptly reporting findings to Loan Production & Credit Manager and coordinating communication with borrowers and stakeholders.

Project Completion Support:

• Coordinates final inspection processes to verify project completion according to plans and specifications, preparing comprehensive completion reports for Loan Production & Credit Manager final approval before disbursement.
  
• Reviews all final draw documents to ensure stakeholder acceptance and complete documentation for project construction close-out.
• Performs other duties as assigned including site visits to performing borrowers, problem case borrowers, chattel security checks, or other loan servicing coordination activities.

Supervision Exercised: No supervisory responsibilities

Minimum Qualifications and Necessary Requirements:

• EQUIVALENT combination of education and experience can meet minimum qualifications.
• EDUCATION: Associate degree or higher in construction management, engineering, architecture, or related technical field.
• LICENSE/CERTIFICATION: Valid driver's license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy.
• EXPERIENCE: Minimum 5 years of applicable experience in construction management, inspection, or project coordination.
• Proficient computer skills with Microsoft Office programs (Word, Excel, Outlook).
• Must pass a background investigation.

Knowledge, Skills, and Abilities:

• Knowledge of fundamentals of contracting and construction management practices.
  
• Knowledge of construction/project development budgeting and cost estimation.
• Familiarity with real property due diligence processes and documentation.
• Understanding of construction inspection standards and quality control practices.
• Skill in operating business computers and office machines in a Windows environment, specifically Word, Excel, Access, and presentation software (such as PowerPoint).
• Skills in written and verbal communication, with ability to prepare clear technical reports and summaries.
• Skills in coordination, organization, and project documentation.
• Customer service skills with ability to work collaboratively with Loan Officers, borrowers, and contractors.
• Ability to work under supervision while managing multiple project monitoring assignments.
• Ability to work in a fast-paced environment and meet deadlines.
• Ability to create, compose, and edit written materials including inspection reports and project summaries.
• Ability to gather data, compile information, and prepare reports for supervisor review.
• Ability to carry out instructions furnished in verbal or written format.
• Ability to establish and maintain professional relationships with individuals of varying social and cultural backgrounds and with co-workers at all levels.
• Ability to maintain confidentiality of sensitive project and financial information.

Preferred Requirements:

• Experience with a Community Development Financial Institution (CDFI) or nonprofit lending organization.
  
• Experience working with affordable housing or community facility development projects.
• Familiarity with rural or tribal community construction projects.

Physical Demands:

While performing the duties of this job, the employee is regularly required to sit and stand; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee frequently is required to walk. The employee occasionally is required to stand; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision requirements include close vision, distance vision, color vision, and depth perception

Working Conditions:

Work is typically performed in an office with a moderate noise level. Evening and/or weekend work may be required. Extended hours and irregular shifts may be required. Travel will be required.