Renovation & Construction Manager na Novus

Essential Duties and Responsibilities

• Oversee the complete lifecycle of renovation and construction loans, ensuring compliance with investor, agency, and internal guidelines.
• Develop and maintain standardized operational workflows for renovation and 2XClose construction programs, including procedures for draw management, contractor approval, and project monitoring.
• Partner with underwriting, processing, and secondary marketing to ensure file accuracy and compliance with investor delivery requirements.
• Review and approve draw schedules, budgets, and scopes of work, ensuring adequate documentation and control of disbursement timing.
• Manage relationships with contractors, appraisers, inspectors, and internal staff to ensure smooth communication and timely project progression.
• Serve as the primary escalation point for internal departments on renovation or construction-related loan issues.
• Provide program and guideline training to sales and operations staff, serving as a subject matter expert across all renovation and construction products.
• Monitor project pipelines, construction timelines, and loan aging reports; identify and resolve delays or budget concerns.
• Ensure that change orders, inspections, and final project sign-offs meet all investor, agency, and internal standards.
• Collaborate with QC, Post-Closing, and Secondary to ensure project completion aligns with delivery and servicing requirements.
• Recommend process enhancements to strengthen internal controls, reduce exposure, and improve operational efficiency
• Stay current with industry and investor changes related to construction lending and renovation products, ensuring Novus policies remain compliant and competitive.

Preferred Qualifications

• Minimum 5–7 years of experience in mortgage operations, construction lending, or renovation underwriting.
• Deep understanding of renovation and construction loan products, including FHA 203(k), HomeStyle, Choice Renovation, and 2XClose construction programs.
• Proven ability to manage multi-phase construction and renovation workflows across departments.
• Strong underwriting and analytical skills; capable of interpreting contractor bids, budgets, and project risk factors.
• Proficiency with ICE Encompass and familiarity with secondary delivery and investor submission processes.
• Excellent communication and leadership skills with a proven ability to collaborate across Sales, Operations, and Capital Markets.
• Bachelor’s degree in Business, Finance, Construction Management, or related field (or equivalent work experience).

Competencies

• Expert knowledge of renovation and construction lending operations.
• Strong problem-solving and decision-making abilities under time-sensitive conditions.
• Exceptional attention to detail, documentation, and regulatory compliance.
• Cross-functional collaboration with Sales and Operations to drive execution and efficiency.
• High accountability and leadership presence in an on-site, corporate environment.

Pay range for this position is $67,000 - $82,000

This is an onsite position at our corporate headquarters located in Brookfield, WI.