Construction Risk Analyst - Aegon AM

Job Description Summary

Aegon Asset Management (Aegon AM) is a leading global investor. Our 355 investment professionals manage and advise on assets of US $376 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.

We are an international business:
Our 1,125 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

The Real Estate Construction Monitoring Analyst performs technical/financial analysis and reviews to ongoing renovation and new construction projects, property condition assessments, and supports other engineering due diligence activities for the Aegon AM Real Assets Platform, including Commercial Mortgage Loans, Construction Loans, and equity investments financed with Low Income Housing Tax Credits (LIHTC) or Direct Equity.

Responsibilities:

• Perform technical reviews of plans, specifications, drawings, Property Condition Assessments (PCA), Seismic Risk Assessments (SRA) Capital Needs Assessments (CNA), ALTA surveys, construction plan & cost reviews, construction progress monitoring reports, draw requests, contractor pay applications, and other construction documents and submittals.
• Reconcile technical and financial aspects of construction draw reviews to ensure work and costs are documented.
• Understand and monitor critical issues for construction activities such as cost overruns, construction schedules, change orders, owner contingencies, construction delays, lien issues, contract issues, etc.
• Perform seismic risk assessment analysis, hurricane risk analysis, flood risk analysis, and other risk assessments related to climate change and natural hazard disasters.
• Support implementation of investor-driven energy efficiency and sustainability initiatives to reduce operating costs and environmental impact.
• Collaborate with internal asset management teams, external borrowers, and developer clients to support review of construction, inspection, and other activities.
• Occasional travel required to visit sites.

Required Qualifications:

• Bachelor’s degree in construction management, engineering technology, real estate, finance, or related degree, or Associate’s degree with related experience.
• Analytical and research skills to handle cost reviews, plan reviews, contracts, and draw submittals.
• Technical and math aptitude to quickly learn the construction management field.
• Proficiency using MS Word, Excel, and Acrobat Adobe.

Preferred Qualifications:

• Education and experience related to technical and financial aspects of construction reviews and draws.
• Knowledge of PCA, CNA, seismic risk assessments, , construction plan and cost review reports, construction draw requests, contractor pay applications (G702/G703), and construction progress monitoring reports.
• Experience with ArcGIS, Automation Tools, and AI.
• Experience with property resiliency assessments.
• Working knowledge of multifamily mechanical systems and building science.
• Familiarity with relevant building codes, regulations, and industry standards.

The wage for this position generally ranges between $31.25 - $40.86 per hour. This range is an estimate, based on potential qualifications and operational needs. The hourly wage may vary above and below the stated amounts, as permitted by applicable law.

Additionally, the position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

• Competitive Pay
• Bon…