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Associate Director, CPACE Asset Management
The Associate Director, CPACE Asset Management is responsible for ensuring that assets are tracked and disbursed per program and company requirements. Working under limited supervision, this role works with both internal and external stakeholders to support projects, including the collection of documents in advance of a disbursement, as well as tracking repayments after a loan has closed. This role is responsible for closing out projects and maintaining a positive relationship with contractors and building owners.
Key Responsibilities and Duties
- Provides customer service as the relationship manager after loan closing, including guiding contractors through our disbursement process and ensuring a positive experience.
- Oversees disbursements on energy efficiency projects, including items such as: processing and project managing draw requests and tracking/reporting draw amounts and interest accrued.
- Ensures asset activity is communicated in advance to appropriate parties – lenders, administrators, and accountants.
- Identifies critical risks / project setbacks through review / analysis of submitted documentation including budget allocations, title documentation and site inspections.
- Works with contractors, sub-contractors, vendors, engineers/inspectors, attorneys and borrowers to resolve any project issues or documentation needs as they arise.
- Ensures all construction projects adhere to conditions as outlined in the Loan Agreement, follow regulatory standards and maintain the approved schedule / budget within the credit policy.
- Coaches and reviews the work of lower level professionals.
Educational Requirements
- University (Degree) Preferred
Work Experience
- 3+ Years Required; 5+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Required:
- 3+ Years in Construction loan administration and debt asset management
Preferred:
- 5+ Years Construction loan administration and debt asset management
- CPACE experience a plus
Source: Nuveen’s Career Page
