20 ago
|
JPMorganChase
|
Buenos Aires
20 ago
JPMorganChase
Buenos Aires
JOB DESCRIPTION
1. Pre-Construction Due Diligence & Credit Team Support
- Review and analyze U.S. construction budgets, drawings, schedules, cost estimates, and contractor bids for accuracy, feasibility, and adequacy.
- Evaluate project plans and budgets to determine if the budget is sufficient for project completion and occupancy, and assess risks and pitfalls for each scope of work, including those faced by the General Contractor (GC).
- Identify and articulate risks related to design, procurement, materials lead times, construction sequencing, and environmental abatement, including associated documentation.
- Advise Line of Business (LOB) on construction risks, including contract terms, inclusions/exclusions, liquidated damages, and specific Terms and Conditions added by the GC.
- Participate in negotiations for construction terms within loan agreements, providing expert input on risk and contract structure.
- Prepare technical memos summarizing construction risk exposure, contingency adequacy, cost realism, and environmental risk for U.S. credit teams.
- Analyze,
closing draws verifying budget reallocation and adequacy to complete, invoice reconciliation, lien waiver review, and validation against site inspection reports
2. Construction-Phase Monitoring & Draw Review Support
- Transfer pre-closing analysis to servicing teams to support ongoing project monitoring which includes:
- Review monthly draw packages, including AIA G702/G703 forms, subcontractor lien waivers, schedule updates, change orders, contingency usage, and cost-to-complete forecasting.
- Compare draw requests against independent U.S. inspection reports; reconcile variances or potential overbilling.
- Track permitting, inspections, compliance with U.S. state-level regulations, and environmental abatement documentation.
- Monitor contractor performance, labor availability, supply chain risk, and progress on environmental abatement.
3. Portfolio Risk Reporting & Early-Warning Analysis
- Provide a
📌 Real Estate Construction Management (Buenos Aires)
🏢 JPMorganChase
📍 Buenos Aires