Project Manager

| Chicago

Convexity Properties - a DRW Company is a fully integrated real estate investment firm focused on giving value add properties new purpose. We take the lead role on many projects and partner with development and architecture firms on unique retail, residential, commercial and mixed use properties. Notable projects include the Three Arts Club, Viceroy Chicago, 4 East Elm and The Robey Chicago.

As a Project Manager, you’ll manage complex real estate development projects in the commercial, residential, and hospitality sectors. You’ll be involved in managing due diligence, design and construction phases throughout the entire life cycle of a project, including budget planning, vendor management, cost management and change management.

The opportunity to join the Convexity Properties team is unique for a number of reasons:

  • We have no outside investors or third-party capital.
  • We are long-term owners and investors of real estate. We aren’t beholden to timing mandates to place capital or sell assets. Decisions are made exclusively on market fundamentals.
  • We operate in a fast-paced environment and we move quickly. Our diverse experience, particularly with projects that have predevelopment and entitlement complexity, coupled with our access to capital, allow us to move quickly and achieve superior risk-adjusted returns. We have the flexibility to take calculated risks, such as acquiring sites without entitlements in place.
  • We are relationship-oriented. Convexity has built long-term relationships with its partners and consultants. We can leverage these relationships to act quickly when needed and they create opportunities for personal growth and development.

More on what you’ll do in this role…

  • Track and manage a wide variety of project tasks, schedules and deliverables from design through post-construction, with an emphasis on the core construction phases
  • Manage the work of external service providers identified through competitive RFP selection process (architects, engineers, general contractors, FF&E procurement agents, designers, specialty consultants, etc.)
  • Negotiate contracts with external service providers, manage financial and scope changes to negotiated terms, and ensure compliance with project deliverables and work standards
  • Liaise with municipal authorities to understand local requirements and gain necessary approvals and permits
  • Develop and manage project budgets, prepare monthly draw requests and provide regular reporting on project financials
  • Manage project schedule to meet weekly, monthly and overall project milestones
  • Provide regular project updates to internal and external project resources and senior management; identify issues and develop contingency plans as needed
  • Interact with Acquisitions team to assist in determining viability of prospective projects
  • Assist in the review of design and bid documents to ensure scope of work is aligned with project financial objectives and requirements
  • Travel to project sites as needed

You will be right at home if you have…

  • 5+ years of full life cycle project management experience in the real estate industry, with an emphasis on managing the construction phases of mixed use commercial or residential and hospitality projects
  • Strong initiative and motivation to drive projects to completion; ability to influence and inspire other project team members to achieve project goals
  • Extensive vendor management and negotiation experience
  • Previous experience working on urban projects
  • High level of proficiency with Microsoft Office suite, in particular MS Project and Excel
  • Strong problem-solving and issue resolution abilities
  • Excellent written and verbal communication skills
  • Strong organizational/time management skills and are highly detail oriented
  • A Bachelor’s degree in construction management, architecture, engineering, urban planning or similar area of study

Bonus points for…

  • Previous experience developing project proformas and financial statements
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Location

Situated in Chicago's thriving West Loop, our HQ is convenient for Metra and CTA riders alike - and foodies looking for a bite on "Restaurant Row."

An Insider's view of DRW

How does your team reward individual success?

Our team acknowledges individual success and provides an environment to further new ideas. The team then ensures higher management is aware of your contribution. These accomplishments become part of the individual’s and team’s record at the end of the year. This approach I believe has led to a lot of innovations on my team.

Kumbi

Network Engineer

What kinds of technical challenges do you and your team face?

During my internship in Chicago, I built models in python, ones that are still used on that desk today. The next summer, I returned as a full-time trading analyst and picked up right where I left off. I focus on systematic research and the development and execution of new strategies for the foreign exchange (FX) options desk in Chicago.

Alex

Quantitative Trading Researcher

What are some things you learned at the company?

We’re free to choose the technology stack that best solves each individual problem, so the learning happens project to project. I started programming in C#, but changing teams exposed me to a new suite of languages that I’m now working in regularly

Carissa

Software Engineer

How do your team's ideas influence the company's direction?

Working on the risk team, I combine the principles of risk management and computer science. I help direct how we take risk across the organization, and ensure reliability with the use of really innovative tech.

Brawnski

Software Engineer

What are some social events your company does?

DRW is not all work, all the time. We offer a number of activities and events for all interests, like monthly wine tastings, sports leagues, hobby clubs and movie outings to name a few.

Michelle

Systems Team Lead

What are DRW Perks + Benefits

Culture
Volunteer in local community
Friends outside of work
Group brainstorming sessions
Pair programming
Open office floor plan
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Flexible Work Schedule
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Lunch and learns
Acme Co. hosts lunch and learn meetings once per month.
Promote from within

Additional Perks + Benefits

Daily catered breakfast and lunch. On-site yoga and meditation classes. Trivia nights. Chair massages. Wine Tastings. Mentorship Program. Game Tournaments. Speaker Series and "Geek Lunches".

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