We are the largest affordable housing focused fund in Sub-Saharan Africa. We are leveraging our significant capital (in excess of N1trn by 2023) to facilitate access to affordable housing for millions of Nigerians on the low to medium income bracket.
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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 BusinessManagement, 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.
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