Skip to content

Open nowPosted 92 days ago

Construction Risk Associate

Ascent Developer Solutions10 open roles

Pay
$85,000 – $100,000 a year
Where
Boston
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowConstruction Risk AssociateAscent Developer Solutions · Boston
  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Ascent Developer Solutions's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

11.8% of postings close within 7 days. Measured by our own scanner across the market. Ascent Developer Solutions postings stay open a median of 39 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.4%3 days
  3. 11.8%7 days
  4. 18.6%14 days
  5. 35.6%30 days
  6. 45.1%60 days
This job: posted 92 days ago

Ascent Developer Solutions median: 39 days open

The posting

About Ascent

Ascent Developer Solutions is a leading private lending platform, serving real estate developers nationwide in the acquisition, renovation, and construction of residential real estate. Founded by a leadership team with a deep understanding and personal experience in virtually every facet of real estate development, Ascent is uniquely positioned to create custom, innovative lending solutions for a variety of real estate development business strategies.

The Role.

The Construction Risk Associate plays a pivotal role in Ascent’s success with high-value residential construction projects (SFR & MFR), utilizing their expertise to evaluate construction loan applications with precision and care. By analyzing financial data, project plans, and conducting detailed risk assessments, they ensure sound decisions that meet company standards and borrower needs. Their insights foster trust and reliability in construction lending operations, while their ability to collaborate with diverse stakeholders and deep knowledge of construction projects drives Ascent’s operational excellence.

The Work.

  • Assess project feasibility, risk factors, and the borrowers’ creditworthiness, applying Company underwriting guidelines to recommend an appropriate level of loan approval.
  • Prepare comprehensive underwriting documentation, including risk assessments, loan conditions, and recommendations for loan approval or denial.
  • Conduct site visits as necessary to assess project progress and ensure compliance with loan conditions.
  • Contribute to decision-making for projects ranging in value from $3 million to $20 million, ensuring they meet stringent financial, regulatory, and investment criteria.
  • Provide strategic insights that drive the company's growth and enhance its competitiveness in the market, ensuring cost-effectiveness and operational excellence. Stay informed about market trends, construction costs, and regulatory changes affecting the construction and banking industries.
  • Translate complex project data into actionable financial insights to guide investment decisions and prioritize projects effectively.
  • Consult with Loan Officers to package appropriate solutions to meet the needs of the borrower while ensuring profitable outcomes for Ascent.
  • Work closely with relationship managers, borrowers, regulatory bodies, and internal and external partners to gather necessary information and address any concerns or questions.
  • Monitor the performance of the construction loan portfolio, identifying and addressing any emerging risks or issues.
  • Provide regular reports and updates to senior management on the status of construction loans and the overall health of the construction loan portfolio.
  • Develop sophisticated financial models and conduct detailed risk analysis to support the evaluation, planning, and expansion of large-scale projects.
  • Review portfolio reporting mechanisms to improve decision-making and accountability in asset performance.
  • Advocate and support the integration of innovative digital solutions that optimize business processes and workflows, system functionality, and user experience.
  • Demonstrate high ethical standards and professionalism when handling significant financial transactions and sensitive information.
  • Ability to visit job sites to perform construction progress inspections, as needed.
  • Ability to visit prospective sponsors for on-site meetings and meet with sponsors in person, as needed.

Your Knowledge & Experience.

  • BA/BS in construction management, finance, business, real estate, or a related field, or equivalent practical experience in construction management, financial analysis and project financing
  • 3+ years of underwriting or risk assessment experience in construction lending within the banking industry
  • Advanced knowledge of financial modeling techniques, and tools like Excel and financial software platforms
  • Experience communicating and collaborating with internal and external stakeholders
  • Proficiency in relevant software such as construction management software (e.g., TrustPoint, Procore), and general office software (e.g., Microsoft Office Suite).
  • Strong analytical and decision-making abilities
  • Experience successfully multi-tasking and prioritizing work
  • Experience consistently meeting deadlines in a fast-paced environment

The Pay.

  • Salary Range: $85,000 - $100,000 per year
  • Bonus: 20% per year

The Work Environment.

  • This role is on-site from Ascent's Boston office, Monday - Thursday (Fridays are work-from-home).

Our Benefits

We offer a comprehensive benefits package designed to support your health, well-being, and work-life balance. Our benefits include four health plans, two dental plans, health savings account with employer contribution, flexible spending accounts, vision coverage, a 401(k) plan, and other optional benefits from which to choose.

Our Pledge

We pledge to be fair and considerate in hiring and promoting individuals, ensuring everyone can contribute their fullest potential regardless of background, identity, or personal circumstances. By promoting equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society. At Ascent, we stand united in building a community where everyone is empowered to succeed. Thank you for joining us on our journey towards a more inclusive future.

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against Ascent Developer Solutions's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.
  3. We apply on Ascent Developer Solutions's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.
  4. Every reply, sorted

    Ascent Developer Solutions's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.
  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

By hand5–10
With CV Rocket100
applications a day

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.