Senior Construction Manager

Location: California

2023 Genesis Capital, LLC. All rights reserved. Genesis Capital, LLC (“Lender”) and its affiliates (collectively, “Genesis Capital”) originates business purpose loans. Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Lender’s underwriting guidelines and due diligence.

Loan amounts, interest rates and costs presented are for informational purposes only and are subject to change without notice and at Lender’s discretion until such time a definitive agreement is duly executed by Lender and Borrower (and any other applicable parties). Other conditions may apply. Genesis Capital (NMLS  # 1454907), and certain employees, perform acts for which a license is required;

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Senior Construction Manager page is loaded## Senior Construction Manager locations:
CA, Sherman Oakstime type:
Full time posted on:
Posted 3 Days Agojob requisition :
R9461(the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.#The Senior Construction Manager serves as a key liaison between Genesis Capital, its borrowers, and third‑party construction stakeholders.

This role evaluates sponsor experience, monitors construction project progress, provides underwriting support, and assesses the overall health of the construction loan portfolio. The position blends fieldwork, relationship management, construction expertise, and risk assessment to ensure the success and stability of Genesis Capital’s construction lending platform.## Principal Duties:
** ESSENTIAL FUNCTIONS
** include the following. Other duties may be assigned.
** Sponsor Evaluation & Client Engagement
*** Conduct interviews with prospective sponsors to evaluate construction knowledge and experience.
* Prepare detailed written summaries documenting sponsor capability and project history.
* Analyze existing sponsor performance and prepare annual renewal assessments.
* Serve as a primary point of contact for construction‑related questions from internal teams.
** Construction Oversight & Site Visits
*** Conduct local site visits on active, high‑performing, or underperforming construction projects.
* Travel across the U.S. to evaluate project sites as needed.
* Perform mid‑construction reviews on loans across various channels and business lines.
* Provide written reports summarizing observations, risks, and project status.
** Underwriting & Portfolio Analysis
*** Underwrite a subset of monthly construction loans, including review of:  + Budgets  + Plans and specifications  + Schedules  + Feasibility and scope alignment
* Approve construction loan draws when necessary.
* Review construction budgets for adequacy and feasibility.
* Analyze sponsor portfolios to assess performance trends and project risk levels.
* Evaluate existing construction loans to provide a snapshot of portfolio health at any given time.
** Risk Mitigation & Escalation Management
*** Review escalations from Fund Control related to construction completion status, discrepancies, or draw concerns.
* Respond to construction‑related questions from Asset Underwriting team members.
* Identify and communicate potential construction delays, cost overruns, or compliance risks.
* Provide recommendations for remediation or risk mitigation.#
** Education and Experience
** To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
* Bachelor’s degree strongly preferred
* 5+ years of experience in construction management, development, inspection, engineering, or related field.
* Strong understanding of residential construction processes and lender expectations.
*…