Construction Analyst

Anchor Loans is one of several operating companies owned by Pretium Partners (+$50B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.

Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.

Position Summary

The Construction Analyst is integral to our Underwriting Department, focusing on analyzing construction budgets, plans, and project feasibility to support the viability and compliance of construction projects. This role predominantly involves desk-based analysis (90%) complemented by essential field inspections (10%). The Construction Analyst collaborates with the valuation, underwriting, and processing teams to facilitate the approval and funding of construction loans. The successful candidate will possess strong analytical skills, a solid understanding of construction management and financial principles, and the ability to communicate effectively with various stakeholders. Reporting directly to the Interim Manager, this position plays a crucial role in ensuring the success and integrity of our construction financing operations.

Essential Duties & Responsibilities:

Cost and Feasibility Analysis:

• Conduct thorough desk-based analyses of construction budgets, project feasibility, and borrower execution capabilities for various construction projects, including standard renovations, extensive renovations, and luxury ground-up construction.


• Evaluate plans, specifications, and permits to ensure all proposed projects align with financial and operational objectives.

Field Inspections:

• Perform on-site inspections to verify project adherence to approved plans, quality of construction, and compliance with building codes and zoning laws.


• Document findings through detailed reports and photographic evidence, ensuring a comprehensive evaluation of each project.

Reporting and Communication:

• Prepare detailed reports based on analyses and inspections, providing insights and recommendations to the underwriting team, valuations team, and processing team.


• Ensure timely communication of any critical findings or potential risks identified during the desk-based review or field inspections.

Collaboration and Project Oversight:

• Collaborate closely with the valuations team to assess property values and project viability accurately.


• Work alongside the underwriting team and processing team to ensure smooth approval and funding of construction loans.

Regulatory Compliance and Best Practices:

• Ensure all construction projects comply with local building codes, zoning regulations, and environmental standards.


• Stay updated on industry best practices and regulatory changes to maintain high standards of construction underwriting.

All other duties as assigned.

Key Performance Indicators

• Accuracy of Budget Analysis


• Report SLAs


• Risk Mitigation Effectiveness


• Project Approval Rate

Requirements:

• Bachelor’s degree in Construction Management, Civil Engineering, Real Estate, Finance, or a related field. Experience in the field in lieu of a degree is suitable. 


• 3-5 years of experience in construction, or a related field, with a significant portion of this experience in desk-based analysis.


• Strong analytical and decision-making skills, with a focus on financial and project feasibility analysis.


• Proficient in interpreting construction documents, budgets, and legal permits.


• Excellent verbal and written communication skills, capable of producing detailed reports and presenting findings clearly.


• Ability to work efficiently on multiple projects in a fast-paced environment.


• Detail-oriented with a commitment to high-quality work and compliance.


• Must have and maintain a current Driver’s License and clean DMV record.


• Reliable transportation for occasional local travel to project sites.

Work Environment:

This is a hybrid position which requires in-office reporting to Anchor’s Thousand Oaks office on Tuesday, Wednesday, and Thursday. Remote work is optional Monday and Friday.

Compensation:

The base pay range for this position is $27-$32 an hour, plus annual discretionary bonus based on performance of the individual and company.

Benefits:

The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:

• Medical, Dental, Vision, Life, AD&D insurance


• Vacation and sick leave


• 401k plan with employer match


• Onsite gym


• 12 paid holidays annually

Diversity matters to our organization, and we are proud to be an equal opportunity employer.  All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.

Anchor Loans, LP is subject to the California Consumer Privacy Act of 2018 (“CCPA”). A copy of Anchor’s California Privacy Policy can be found at  Privacy Policy (anchorloans.com)