VP, Construction Risk & Asset Management

Position Summary

The Vice President, Construction Risk & Asset Management is responsible for performing budget reviews at the time of loan origination to confirm feasibility of a project. The candidate will also interact with the construction asset management team and review all change orders requested by Borrowers. The ideal candidate is a seasoned investment professional with extensive experience in construction risk mitigation, asset management, and team leadership.

Responsibilities & Duties

• Evaluate feasibility of rehabilitation and construction projects, including sponsor background and contractor review.
• Oversee change order reviews and provide consent for ongoing projects.
• Interface with borrowers and clients to resolve draw-related and budgetary issues.
• Develop and implement scalable processes and procedures to improve operational efficiency and profitability.
• Ensure compliance with regulatory requirements and company guidelines for all construction lending and asset management activities.
• Provide exceptional customer support through proactive communication and problem-solving.
• Track and report on operational metrics, turnaround times, costs, and budgets.
• Collaborate with sales and executive teams to set fees, budgets, and service level agreements.
• Lead special projects and process improvement initiatives as assigned.

Required Experience, Skills, & Competencies

A reasonable estimate of the base compensation range for this role is $120,000-$145,000 The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity to thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.