Senior Project Manager, IFF
Senior Project Manager
IFF is a regional nonprofit corporation that is designated as a Community Development Financial Institution by the U.S. Department of the Treasury. IFF works for nonprofits to provide below-market lending, real estate consulting, and research related to the nonprofit sector. IFF was created by Chicago foundations in 1988 and has total assets of more than $125 million. IFF has a staff of 38 with offices in Chicago, Peoria, and St. Louis serving Illinois, Missouri, Iowa, Wisconsin and Indiana.
Background
IFF is seeking a Senior Project Manager for its Real Estate Services (RES) Department to join a team of nine professionals. RES provides a wide range of real estate consulting and real estate development services to Illinois nonprofits to help with the planning, design, development and construction of facilities.
Position Responsibilities
The Senior Project Manager will plan and organize real estate consulting or development projects of all sizes as a Project Team Leader for nonprofit clients, including establishing goals and timelines, and delineating clear steps that will lead to successfully completing the project. The Senior Project Manager works on many real estate projects simultaneously, participates in departmental planning meetings for projects, is an active Project Team Leader or Project Team Member on projects, and supports the work of the Vice President of Real Estate, Director of Real Estate Consulting, and other RES staff as necessary. Other responsibilities include:
• Financial analysis and modeling for a wide range of projects, including development budgets, operating budgets and cash flow projections, debt capacity analysis, financing options, and financial packaging
• Real estate analysis for a broad range of projects, including complicated lease or ownership arrangements, zoning and code reviews of properties, and market valuation of properties using various appraisal methods.
• Strategic facilities planning for clients who have multiple sites or are considering expanding to multiple sites
• Conducts and manages all aspects of assessments and evaluations of potential buildings and vacant land for projects
• Coordinates all predevelopment work associated with projects including due diligence on buildings and land, building acquisition oversight, hiring architects, contractors, and other professionals, securing construction estimates, financial packaging, and any other work necessitated by the project
• Solicits bids from and secures various real estate professionals and vendors for work on projects. Evaluates and makes recommendations on bids and negotiates terms of work and approves hiring of vendors in conformity with RES policies.
• Works with Closing and Escrow Services (CES) Department, private lenders and government officials to coordinate the financial closing of projects prior to construction.
• Prepares written reports and analyses as necessary for projects. When Project Team Leader, coordinates Project Team Members’ responsibilities for producing such reports.
• Assesses the status of projects against their plan and schedule, identifies actual or potential problems, and facilitates and guides solutions to ensure that the projects are completed as planned.
• Keeps Director of Real Estate Consulting or Vice President of Real Estate Services or Project Team Executive apprised of progress through regular updates or meetings
Position Qualifications
Experience: At least five years experience in real estate finance, planning, economic or community development, real estate analysis or development, or financial analysis.
Education: Bachelor’s Degree required, preferably in urban planning or studies, business or finance. Advanced degree in real estate, planning, policy, business, social science or social work preferred.
Special Knowledge & Skills: Candidates should be prepared to address their experience with the following requirements for this position:
• Direct experience with real estate development projects.
• Direct project management experience.
• Analytical and strategic skills; ability to plan, manage and implement multiple projects; ability to plan, research, and implement complex projects.
• Knowledge of construction practices and terminology.
• Ability to read and understand architectural plans and drawings.
• Strong financial, analytical, and writing skills.
• Understanding of finance and lending.
• Experience working with clients.
• Experience working with a team charged with implementing and completing multi-faceted projects.
• Ability to learn and use a wide variety of computer software related to project management, including word processing, database programs, spreadsheet and project management packages.
• Ability to work with a wide variety of people in Chicago neighborhoods, suburbs and throughout the state and other parts of the Midwest.
• Good communication (written and oral) and interpersonal skills.
Other Requirements: Travel is required. The Senior Project Manager will visit abandoned buildings and vacant lots and inspect them fully, and will inspect construction project sites. Occasional evening and weekend work may be required.
Contact
Please email, mail, or fax resume to the attention of:
John Kuhnen
Chief Administrative Officer
IFF
One North LaSalle, Suite 700
Chicago, IL 60602
Fax 312-629-0061
jkuhnen@iff.org
No phone calls please.
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