Project Associate at Family Homes Funds

Family Homes Funds - We invest in structures  to create the conditions for hard-working Nigerian families to secure their own homes. We do this because affordable homes not only provide a fundamental human right, providing families with the right environment to thrive and a greater overall sense of living but it is also a major driver of national growth.

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 Business Management, 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.