VP, Head of Construction

Conventus Holdings Corporation was envisioned and created to reduce the number of economic intermediaries involved in the origination, funding and investment in the $125 billion real estate bridge loan marketplace. True to the Latin origin of the company’s name, “to bring together,” CHC’s existence and strength is anchored to a business model that removes unnecessary economic intermediates so that it can provide superior pricing and service to its clients.

Our competitive edge in executing our mission is assembling, nurturing, and developing a collaborative group of talented individuals. To that end, diversity of experiences, perspectives, skills, and cultures is core to our mission and team.

Full-Time, Salaried, Performance-Based Bonus

Required 4 days per week in the office (Mon-Thu). Please do not apply if this does not align with you.

Conventus is seeking a detail-oriented and highly organized Vice President (VP) for our Construction Department to join our team at a crucial stage in our company  growth. As the VP of the Construction Department, you will play a vital role in our success by executing our mission to serve our clients and investors. The ideal candidate should possess construction and lending experience, be detail-oriented, highly organized, and be genuinely committed to going the extra mile for our customers.

This is a fast-paced role in an ever-changing environment, so being flexible and adaptable is key to success. This is your role if you thrive on ownership, creativity, and collaboration.

• Oversee and mentor the Construction Underwriting team
• Analyze construction project documents submitted by our borrowers, including the scope of work, quotes, plans, permits, and project schedules.
• Review the borrower  submitted scope of work and conduct due diligence to understand the project  feasibility and the client  operational capacity.
• Review loan files, establish the risk of the proposed project, and make an independent final call.
• Communicate time-sensitively with sales, operations, servicing, credit, and capital markets teams regarding construction risk before and after closing.
• Deliver analysis to the valuation department and collaborate to resolve any project concerns.

• Build out our ground-up construction program
• This includes: maintaining guidelines, implementation of construction milestones
• Further enhancing and defining our ground-up construction program as Conventus continues to do larger and more complex ground-up construction loans
• Potentially onboarding a new draw management software
• Develop and implement strategies to acquire and retain construction lending customers, including expansion into new channels
• Establish and develop relationships with clients and general contractors that could help with any construction loans that are distressed
• Monitoring and reporting on active construction loans
• Outreach to borrowers that are behind on construction projects
• Building and maintaining a database of past construction projects in order to compare costs to build
• Oversee and mentor the Draws team
• Oversee the disbursement of funds for construction projects, ensuring accuracy and compliance with project budgets and timelines.
• Review inspection reports, change orders, and documents obtained from borrowers and vendors to assess construction progress and risk and verify draw disbursements.
• Provide continuous feedback to improve project screening and risk modeling.
• Collaborate with borrowers, inspectors, and investors to address any discrepancies or issues with draw requests.
• Ensure compliance with all relevant regulations and requirements
• Be an ambassador of the Conventus brand through regular communication with our clients. Although this is not a sales position, many of the same skills are essential to your success, including patience, empathy, and communication.

• A bachelor  degree is required.
• 7+ years  experience in construction lending or construction management industry.
• Strong understanding of construction procedures and terminologies.
• Experience in reviewing construction contracts and scopes of work.
• Ability to understand…