We are recruiting to fill the position below:
Job Title: Project Associate
Location: Abuja
The Role
- Responsible for technical evaluation and monitoring implementation of Low-cost and affordable housing development portfolio funded by FHFL through construction, joint ventures, equity participation and lines of credit to ensure implementation is aligned to design, resource commitments and timelines.
- The Associate will also assess, monitor, and report on levels of equity invested, monitor disbursements and repayments from assigned projects.
- He/she will detect early warning signs of default and propose measures for prompt resolution.
Key Responsibilities
- Work with the investment team in structuring the technical aspects of new projects.
- Reviewing of technical proposals from potential developers to collate technical information and data required for potential projects.
- Liaise with the Finance team to ensure disbursements for approved loans and equity investments are processed on time as may be assigned.
- Ensure that project sponsors comply with all contractual obligations.
- Supervise Projects to ensure that they are being implemented according to agreed design, resources, and timelines.
- Participate in the identification and selection of consultants and developers for specific projects in liaison with Legal, Risk Management and Compliance teams.
- Review facilities granted to highlight changes in risk profile and recommend restructuring, remedial or risk mitigation action if required.
- Prepare periodic technical and financial progress and status reports on assigned projects.
- Participate in the work-out/recovery of various projects to ensure effective and profitable exits.
Requirements
- A Bachelor’s Degree in architecture, Quantity Survey, Engineering, Building Economics, or a similar technical field.
- A Master’s degree Architecture, Quantity Survey, Engineering, Building Economics in BusinessManagement, Finance or Projects Management will be an added advantage.
- A Professional qualification in Project management will be an added advantage.
- Minimum of 3 years significant experience in design and technical evaluation, construction financing or supervision in real estate projects.
Application Closing Date
21st September, 2023.
Deadline: September 21, 2023
Job Features
Job Category | Project Associate |