Subcontractor Risk & SDI Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee and implement the daily operations related to the prequalification of subcontractors and partners.

• Analyze annual and interim financial statements.

• Collaborate with Regional Risk Leaders to evaluate financial viability and qualification standards for enrollment in the SDI program.

• Utilize decision-making authority as outlined in the approved authority matrix and escalate decisions based on financial viability and proposed award size.

• Assist Regions and Risk Directors in recognizing and managing project risk.

• Administer Shawmut’s SDI program, which includes projects and subcontractors participating in the program.

• Communicate and coordinate program activities with Shawmut’s broker and insurance provider.

• Act as the primary contact for inquiries and issues related to the SDI program.

• Provide education to operations teams about the SDI program and promote its consistent application.

• Support operations teams in conveying the SDI program to clients.

• Oversee the subcontractor prequalification process within specified systems.

• Complete initial prequalification reviews and communicate decisions or necessary escalations within 48 hours of receiving complete submissions.

• Ensure compliance of operations teams with the prequalification process.

• Assess and enhance the prequalification process.

• Conduct detailed analyses of subcontractors that fall outside established standards.

• Make decisions regarding qualification and enrollment while creating management plans and mitigation strategies for exceptions or conditions.

• Implement and manage the SDI claims process.

• Assist with claim submissions and coordinate efforts with Risk Management Leadership, the broker, and the insurance carrier.

• Compile supporting documentation and manage claim submissions to the insurance carrier.

• Review contracts and insurance requirements.

• Develop risk mitigation plans and strategies specific to projects.

⛳️ Requirements

• 7-10 years of relevant experience in areas such as financial statement analysis, credit or subcontractor prequalification, construction risk, insurance, surety, or a related field.

• A bachelor's degree in finance, accounting, risk management, business, or a related field is preferred.

• An equivalent combination of education and relevant experience may also be considered.

• Proven ability to analyze financial statements, focusing on liquidity, leverage, profitability, working capital, and financial trends.

• Strong understanding of trends and risks pertaining to senior leadership and regional legal matters.

• Exceptional relationship-building capabilities.

🏝️ Benefits

• Health, Dental, and Vision Insurance.

• Employee Stock Ownership Plan (ESOP).

• 401(K) with Company Match – Receive a company match of up to 4% of your eligible pay.

• Generous Paid Time Off – vacation and sick time, 12 holidays, summer Fridays, and a yearly volunteer day.

• Cell phone.

• Laptop.

• Tuition reimbursement.

• Pet insurance.

• Financial planning services.

• 100% remote work.