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Tampa, Florida, United States · Hybrid
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Tampa, Florida, United States · On-site
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Tampa, Florida, United States · On-site
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Tampa, Florida, United States · Hybrid
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Requisition No: 879845 Agency: Office of Financial Regulation Working Title: FINANCIAL CONTROL ANALYST - 43004652 Pay Plan: Career Service Position Number: 43004652 Salary: $70,000.00 - $75,000.00 (Plus $644.76 CAD) Post…
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Melbourne, Florida, United States · On-site
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The role involves underwriting and reviewing construction budgets for ground-up and renovation projects to ensure market alignment and accuracy. Additionally, the associate monitors construction progress, manages budget-to-actual performance, and identifies portfolio risks.
Requires 10–15 years of experience in construction cost estimating or lending, with a critical requirement for deep expertise in the New York City regulatory and market landscape. A bachelor's degree in a related field like Construction Management or Civil Engineering is expected.
Toorak Capital Partners is a leading private credit firm specializing in residential and commercial bridge, fix-and-flip, and ground-up construction lending. We partner with experienced loan originators to finance complex real estate projects across the United States, with a significant concentration in the New York City metro market.
The Construction Budget Associate is an individual contributor role responsible for serving as Toorak's subject matter expert in construction cost analysis and budget underwriting across the company's active loan portfolio. This is a high-impact position requiring deep, hands-on expertise in construction cost estimating and a thorough command of NYC regulatory and market requirements. The ideal candidate brings 10–15 years of direct experience and operates with a high degree of autonomy, credibility, and analytical rigor.
Budget Underwriting & Review
Construction Monitoring
Portfolio Monitoring & Risk Management
Experience
Education & Credentials
Lending & Finance Knowledge
NEW YORK CITY EXPERTISE (CRITICAL REQUIREMENT)
Toorak’s construction portfolio has significant NYC concentration. Candidates without direct NYC market experience will not be considered for this role.
NYC Department of Buildings (DOB)
NYC Regulatory & Agency Knowledge
NYC Market Knowledge
COMPETENCIES & WORK STYLE
Toorak Capital Partners is a KKR-backed private credit firm and one of the leading purchasers of residential and small balance commercial bridge loans in the United States. With a national originator network and a rigorous approach to credit, Toorak provides certainty of execution for experienced real estate operators and developers. Our team combines deep market expertise with institutional-grade processes to deliver best-in-class outcomes for borrowers and investors alike.
Toorak Capital Partners is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status, or any other characteristic protected by law.
A leading correspondent real estate loan investment platform
Toorak Capital Partners is an integrated correspondent lending platform that funds small balance business purpose residential, multifamily and mixed-use loans throughout the U.S. and the United Kingdom. Headquartered in Summit, N.J., Toorak Capital Partners acquires and manages loans directly from private lenders that originate high credit quality loans. Toorak Capital Partners’ principals have a deep understanding of mortgage credit in the residential and commercial space with backgrounds in real estate lending, capital markets, securitization, asset-liability management, asset management and credit. Toorak Capital Partners-funded projects have renovated or stabilized housing for more than 9,000 families to date – an average of more than 500 families every month.
Offices: 15 Maple Street, Summit, New Jersey 07901, US
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