VP, Construction Underwriter - Conventus : Job Details

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This range is provided by Conventus . Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$175,000.00/yr - $220,000.00/yr

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Location: San Francisco, CA. 4 days a week in office

Salary Range: $175-$220k annually

CONVENTUS MISSION AND VISION

Conventus Holding Corporation (“CHC”) was envisioned and created to reduce the number of economic intermediaries involved in the origination, funding and investment in the $25 billion real estate bridge loan marketplace. True to the Latin origin of the company's name, “to bring together,” CHC 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.

Job Summary:

The VP Construction Underwriter plays a critical role in evaluating and underwriting complex ground-up construction loan requests. This position requires advanced expertise in residential ground-up construction, real estate development, construction budgeting, risk assessment, and construction financial structuring. The ideal candidate brings a deep understanding of new construction dynamics and collaborates closely with Loan officers, borrowers, and internal credit team to structure sound and strategic financing solutions for ground up development projects.

Key Responsibilities:

• Serve as a subject matter expert on ground-up construction, leading a team of underwriters and cross-functional alignment.
• Lead end to end analysis of ground up construction loans from borrower prescreen to completion.
• Underwrite and evaluate ground-up construction loan opportunities, including financial feasibility, cost analysis, contractor qualifications, and market viability.
• Analyze borrower financials, budgets, schedules, and exit strategies to ensure loan alignment with company credit standards.
• Review and assess general contractor and subcontractor credentials, construction contracts, and insurance compliance.
• Interpret and evaluate third-party reports including appraisals, environmental reviews, feasibility studies, and title documents.
• Conduct thorough risk assessments addressing zoning, permitting, entitlement issues, construction sequencing, and site-specific challenges.
• Lead preparation of comprehensive construction memorandums with detailed analysis and recommendations for loan committee review.
• Collaborate with internal departments (operations, legal, credit and capital markets) to ensure smooth loan closings and project oversight.
• Ensure compliance with internal underwriting policies, investor guidelines, and applicable regulatory standards.

Qualifications:

• Bachelor's degree in Real Estate, Construction Management, Finance, or a related field.
• 10+ years of experience in construction or real estate underwriting, with a strong emphasis on ground-up development projects.
• Proficiency in evaluating construction budgets, schedules, city permits, and feasibility models.
• Strong communication, writing, and analytical skills, with the ability to present complex deals to credit committees and executives.
• Demonstrated ability to identify risks and structure creative solutions in a high-volume, fast-paced environment.

Preferred Skills:

• Experience across multiple disciplines including construction, finance and lending.
• Existing network of relationships within the construction and real estate development industry.
• Experience with digital lending platforms and construction management software.
• Familiarity with lien law protections, construction insurance, and mechanics lien enforcement.
• Understanding of permitting, entitlement, and zoning processes at municipal and state levels.
• Ability to lead due diligence efforts and interface confidently with developers, attorneys, and third-party consultants.

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionFinance and Analyst

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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