Anchor Loans

Project Manager

• Oversee distressed, delayed, or partially completed residential construction projects from takeover, transition, or intervention through completion and stabilization.
• Monitor construction progress against schedules, budgets, milestones, and remaining scope of work.
• Conduct site visits and assess project status, quality of work in place, completion risk, safety issues, and contractor performance.
• Identify project deficiencies, cost overruns, delays, or execution issues and recommend corrective action plans.
• Coordinate completion strategies for multifamily developments, single-family subdivisions, and high-end custom residential projects.
• Manage project closeout activities, punch list completion, turnover, and readiness for lease-up, sale, or disposition.
• Oversee existing general contractors and key subcontractors to ensure accountability, performance, and timely completion.
• Evaluate whether an existing general contractor should remain in place or be replaced based on capability, execution, financial strength, and project needs.
• Lead the process of sourcing, vetting, and onboarding replacement general contractors, construction consultants, or specialty vendors when required.
• Review construction contracts, scopes, schedules of values, change orders, and contractor payment requests.
• Coordinate third-party consultants, inspectors, engineers, architects, and cost reviewers as needed to support project completion and lender oversight.
• Review remaining construction budgets, contingencies, cost-to-complete analyses, and cash flow needs.
• Track actual costs versus remaining budget and identify potential shortfalls or funding risks.
• Review draw packages, inspection reports, lien releases, title updates, and supporting documentation for disbursement recommendations.
• Assess adequacy of contingency balances and interest reserves in light of current project conditions and revised completion plans.
• Maintain and update project schedules, key milestones, and completion forecasts.
• Support loan workout, modification, extension, foreclosure, and other special servicing situations involving incomplete construction projects.
• Develop practical completion and recovery strategies for projects experiencing borrower distress, contractor default, cost overruns, or schedule failure.
• Assist with lender step-in scenarios and transition planning when projects require more direct control or intensive oversight.
• Provide construction-focused recommendations regarding project viability, collateral preservation, timing, and recovery options.
• Serve as a key point of contact for internal teams, borrowers, general contractors, consultants, and other project stakeholders.
• Lead regular project update calls and provide clear status reporting on construction progress, risks, funding needs, and recommended actions.
• Prepare internal project summaries, risk assessments, and portfolio reporting for management, credit, and investment stakeholders.
• Escalate material issues promptly and provide solution-oriented recommendations.
• Support the underwriting and origination teams in evaluating new construction loan opportunities prior to closing.
• Review and assess project budgets, schedules, timelines, contingencies, and cost-to-complete assumptions for reasonableness and feasibility.
• Evaluate general contractor qualifications, relevant project experience, capacity, and overall suitability for the proposed scope.
• Review construction contracts, scopes of work, and key project documents to identify execution risk and underwriting considerations.
• Assess development status, including entitlements, permits, utility availability, environmental matters, and readiness to proceed with construction.
• Provide input on project-specific construction risks, recommended risk mitigants, and structural considerations for loan sizing and loan terms.
• Compare proposed business plans, costs, and timelines against similar projects, market conditions, and prior project experience where applicable.
• Partner with asset management, underwriting, and credit teams to support a smooth transition from diligence through closing and into post-closing oversight.

Construction Project Manager

DevOps Engineer

• Design and maintain cloud infrastructure (AWS/Azure) supporting loan origination systems, data platforms, and internal applications
• Define infrastructure-as-code standards (Terraform, CloudFormation, etc.)
• Ensure high availability, scalability, and disaster recovery strategies
• Manage NoSQL (MongoDB Atlas) configuration, connectivity, access, backups/DR, and cost
• Architect and manage CI/CD pipelines for application deployment
• Standardize build, test, and release processes across engineering teams
• Implement monitoring, logging, and alerting frameworks (Datadog, CloudWatch, etc.)
• Enforce security best practices across infrastructure and pipelines
• Automate repetitive operational tasks to improve system reliability and team productivity
• Collaborate closely with Development, QA, Product, and Operations teams on engineering initiatives

Construction Project Manager

DevOps Architect