Development Risk Manager Analyst

Red Stone Equity Partners LLC • Full-time • Remote (Chicago, IL) • $75k - $85k / year • 3d ago

Development Risk Manager Analyst

Location: Remote in Chicago, IL

Employment Type: Full-time

About the Employer

Red Stone Equity Partners is a high-quality real estate financial services company specializing in low-income housing tax credit (LIHTC) equity investments and investments in the preservation of affordable housing. Red Stone carefully acquires, structures, and provides long-term fund and asset management services to both its developer and investor clients. Red Stone-managed investment funds acquire interests in affordable multifamily housing apartment communities throughout the United States.

Role Summary

The Development Risk Management (DRM) analyst will work within the Credit group to assist in construction underwriting for upcoming affordable housing tax credit equity projects with development and investment partners. The DRM analyst will be trained to evaluate design and construction risk on new construction, rehabilitation, and historic renovation multifamily apartment projects across the country. This role is 100% remote with limited travel.

What You'll Do

Support the construction underwriting process as part of the Development Risk Management team and with individual DRMs on specific projects and assignments
Work with third-party Architectural/Engineering/Environmental consultants to review and evaluate project design, budget, schedule, and site-specific development issues
Assist in the review of various construction documents for conformance with underwriting guidelines
Develop professional relationships among developer and investor partners

Required Qualifications

Bachelor's degree in Architecture, Engineering, or Construction Management
1–5 years of work experience in Architecture, Engineering, Construction Management, or Real Estate development
Strong analytical and problem-solving skills
Strong interpersonal and communication skills (oral, written, and presentation)
Advanced PC skills with experience working with spreadsheets and databases
Ability to work independently and interact with different levels of project teams

Compensation

$75K–$85K plus 15–20% bonus

Benefits

Full medical, dental, and vision coverage with all premiums covered for medical and dental; life insurance; short and long-term disability; generous PTO and company-paid holidays; healthy lifestyle benefit; parking, transit, and dependent care FSAs; 401(k) with match; parental leave; bereavement leave; 4.5-day workweeks with half-day Fridays; combination of remote and office work; ongoing learning and development.

How to Apply

Send your resume to Careers@RedstoneEquity.com with "DRM Analyst" in the subject line.

Equal Opportunity Statement

Red Stone Equity Partners, LLC is an Equal Opportunity Employer.

Related Jobs

Portfolio Manager II, Community Development

Wintrust Financial Corporation • Full-time • Chicago, Illinois, United States • $85k - $110k / year • 1d ago

Underwriting LIHTC Equity Syndication Affordable Housing Lending

1d ago

Apply

Senior Development & Finance Manager

Pillar Partners Group • Full-time • Chicago, Illinois, United States • 1m ago

Development New Construction LIHTC Equity Syndication Affordable Housing Underwriting

1m ago

Apply

Impact Finance - Affordable Housing Asset Manager

U.S. Bank • Full-time • Saint Louis, MO; Atlanta, GA; Chicago, IL; Minneapolis, MN; Denver, CO • $98k - $116k / year • 2w ago

Asset Management Portfolio Management LIHTC Equity Syndication Affordable Housing Underwriting

2w ago

Apply

LIHTC Underwriter, Lead Associate

Fannie Mae • Full-time • Washington, DC; Boston, MA; Plano, TX; Chicago, IL; Reston, VA • $109k - $142k / year • 2m ago

Underwriting Transaction Management

2m ago

Apply

Senior Vice President, Development

Cinnaire • Full-time • Remote (Lansing, MI; Detroit, MI; Grand Rapids, MI; Chicago, IL; Madison, WI; Remote within Cinnaire's Footprint) • 2d ago

Development New Construction LIHTC Equity Syndication Affordable Housing

2d ago

Apply

Impact Finance - Affordable Housing Business Development Officer

U.S. Bank • Full-time • Saint Louis, MO, United States Chicago, IL, United States Minneapolis, MN, United States New York, NY, United States Cincinnati, OH, United States • $144k - $169k / year • 3w ago

Capital Markets LIHTC Equity Syndication Affordable Housing Originations

3w ago

Apply

Vice President, Real Estate Development

Full Circle Communities • Full-time • Chicago, IL • $145k - $180k / year • 1m ago

Development New Construction Project Management Affordable Housing Housing Preservation

1m ago

Apply

Entry-Level Analyst

Brinshore Development • Full-time • Evanston, IL • $65k - $75k / year • 1m ago

Asset Management Portfolio Management LIHTC Equity Syndication Affordable Housing

1m ago

Apply

Lead Paralegal - Multifamily Legal

Fannie Mae • Full-time • Washington DC, Reston VA, Plano TX, Chicago IL • $109k - $142k / year • 1m ago

Operations/Administration LIHTC Equity Syndication Compliance Affordable Housing

1m ago

Apply

Senior Investment Analyst

National Equity Fund • Full-time • Chicago, IL • 1m ago

LIHTC Equity Syndication Investor Relations Portfolio Management

1m ago

Apply