Senior Project Manager - Richmond, United States - Richmond Redevelopment & Housing Authority

Description

Job DescriptionJob Description

This role performs management level work directing major real estate programs and activities with agency-wide impact and is involved in the coordination of multiple community planning initiatives and/or multiple rehabilitation and construction projects.

The Real Estate Development Senior Project Manager is responsible for the review and analysis of affordable housing development projects that will utilize multiple financial resources from predevelop activities to construction completion, certificate of occupancy and lease-up. This position provides high quality development management and is accountable for developing and fostering effective relationships internally and externally including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, constructions managers, government liaisons, etc.).

This position requires that the incumbent have project management skills and also specific program knowledge.

Work is performed with limited direction and the role may supervise or lead the work of others.

Essential Duties and Responsibilities

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

• Implements project/program plans, ensuring adherence to resources, budget and time constraints.
• Structure and close complex mixed-financed projects with multiple lenders and manages the due diligence process. Apply knowledge of Low Income Housing Tax Credits (LIHTC), and other Federal, state and city financial resources to ensure projects adhere to lending environment guidelines for project feasibility. Facilitate community and public agency support of project master plan, development and changes. Review project development in accordance with market study, zoning and permitting requirements.
• Monitors the day-to-day project or program status of development initiatives. Troubleshoots projects/programs or project phases that are not meeting targets. Collaborates with staff (if applicable) in the resolution of problems. Ensures executive management awareness of any major project problems. Educates stakeholders on project management methodology.
• Problem solves and ensures that projects meet current regulations.
• Establishes/strengthens professional relationships with the City of Richmond Housing and Community Development staff, and real estate development project managers in other housing authorities, financial institutions, attorneys, community development organizations, business and industry leaders and/or other professional groups.
• (For supervisory positions) Develops and maintains a high-performance work team by establishing clear expectations and deadlines, establishing effective performance monitoring practices, coaching and developing direct reports, following up and providing timely feedback, and objectively confronting unacceptable performance. Communicates vision and goals to staff on an on-going basis. Provides visible recognition for staff achievements supportive of goal attainment.
• Ensures availability of immediate access to project status, using a variety of project communication tools. Communicates project status, meeting commitments to all stakeholders.
• May manage contracting processes for the division. Ensures that Request For Proposals (RFP) and Request For Qualifications (RFQ), Invitation for Bids (IFB) processes meet agency, state, and federal requirements, as well as stakeholder needs.
• May locate, research and secure business development opportunities that will assist RRHA in meeting its goals.
• May develop markets and manage commercial and multi-family loan programs. Oversees property acquisition process, negotiations, etc. Examine, evaluate and recommend approval of commercial loan and real estate loans within mixed-use urban areas. Complete underwriting requirements for mortgages.
• May market and award RRHA bond products and portfolios.
• May develop and recommend credit policy.
• May closely monitor progress of approved project, repayments and detect early warning signs of potential default.
• Stays abreast of law changes that impact RRHAs operations. Conducts legislative analysis on job-related issues.
• Plans, conducts, and manages special projects.
• Oversees Quality Control function ensuring that all projects are conducted in accordance with RRHA, HUD, City and other applicable guidelines. Evaluates effectiveness of assigned programs; recommend changes to improve program/project quality.
• Presents project plans, program evaluations, financial and/or operational analysis to stakeholders in an easily understood manner.
• Performs other related duties as assigned.

Behavioral Competencies

This position requires the incumbent to exhibit the following behavioral skills:

Effective Communication:

• Responds to client inquiries about complex technical issues in a way that maximizes understanding

Customer Service:

• Ensures the planned solution aligns with the clients requirements
• Maintains effective client relationships, even during difficult times

Initiative:

• Encourages team members to continually look for opportunities to improve programs and services
• Guides team members in analyzing and evaluating the application of new methods, processes, procedures, tools, and/or techniques

Job Knowledge:

• Coaches and motivates others to continuously expand their knowledge and learning
• Eager to develop self broadly, including skills needed for client and team leadership

Responsiveness and Accountability:

• Has the courage to make and implement negative decisions

Teamwork:

• Resolves issues across departments by seeking win-win solutions

Problem Solving and Analysis:

• Anticipates organizational problems and strategies to counteract potential impact
• Coaches others on the analytical techniques and problem-solving methods

Program and Project Management:

• Identifies and manages risks to the project by assessing potential risks and building contingencies into project plan
• Uses input from strategic analysis and other resources to develop departmental projects and/or program changes
• Sets the tone for the department in terms of direction, motivation, and inspiration to achieve highest project results

Strategic Capability and Leadership

• Sought out for expertise in functional area as well as overall business acumen
• Empowers others to deal with complex and ambiguous situations
• Achieves agreement or consensus in an adversarial environment

Job Competencies

• Considerable knowledge and experience with affordable housing development project management practices and methodology; relevant federal and state laws, rules, and regulations.
• Considerable knowledge of affordable housing financial resources including but not limited to Low Income Housing Tax Credits (LIHTC), Rental Assistance Demonstration Program (RAD), Community Development Block Grant (CDBG), Federal and State Historic Tax Credit. Federal Home Loan Bank Affordable Housing Program.
• Understanding of the concepts and principles of city planning, economics, and sociology related to housing development.
• Demonstrated ability to deliver projects on time and within budget and to turn around troubled projects.
• Demonstrated ability to communicate effectively, both orally and in writing.
• Demonstrated ability to be innovative and flexible, while ensuring absolute adherence to various legal and programmatic requirements.
• Demonstrated ability to present information clearly and concisely; prepare reports; establish and maintain effective working relationships with key stakeholders including agency staff, City of Richmond and HUD staff, community groups, business leaders, and other government officials; develop networks to achieve business purposes.
• The ability to supervise staff and manage team projects.

Education and/or Experience

Education: College degree in business or public administration, or other relevant field. Advanced degree in planning, business administration, and/or finance may be preferred based on specific position requirements.

Experience: Progressively responsible management experience in planning, project management and/or construction management. Supervisory or management experience preferred.

The Senior Project Manager must maintain a valid state drivers license.

Physical Demands

Sedentary Work: Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

There will be times when the Senior Project Manager will have to drive and participate in off-site meetings.

There will be times when the Senior Project Manager will visit and walk vacant property sites and well as drive to construction sites to evaluate the progress on development.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.