Director, Development Finance
- Compensation
- Not disclosed
- Location
- Tempe, Arizona, United States
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Full time
- Experience
- Not specified
- Category
- Not specified
- Posted
Must have
- Education: Bachelor's degree in Real Estate, Finance, Economics, Accounting, Business, or a related field required; advanced degree or CFA, CCIM, or CAIA preferred
- Experience: At least seven (7) or more years of progressively responsible experience in commercial real estate development, acquisitions, real estate private equity, or real estate investment banking
- Ability and desire to operate as a hands-on individual contributor and independently own the analytical work
- Meaningful involvement across multiple stages of the development lifecycle. Experience spanning feasibility, capitalization, construction and/or stabilization strongly preferred
- Demonstrated ownership of ground-up development underwriting
- Experience in leveraging AI tools to achieve increased production and quality
- Advanced Excel skills and demonstrated ability to build complex dynamic, multi-phase development models from scratch; modeling ability will be evaluated as part of the process
- Hands-on experience building and analyzing joint venture equity waterfalls with the ability to understand and translate governing economic terms into financial models
- Experience closing or directly supporting debt and/or equity financings
- Experience with ground-up development across multiple real estate product types; experience with large-scale mixed-use or master-planned development strongly preferred
- Demonstrated track record of handling confidential and sensitive information with absolute discretion
- Flexibility to work evenings, weekends, and holidays; hours may vary depending on business needs.
- Must successfully complete pre-employment screening, including a background check.
Full description
Position: Director, Development Finance – Full Time/Exempt
Department: Arizona Cardinals Football Club/Rawhide Development
Location: Phoenix/Scottsdale Area (Cardinals Facility/Rawhide Development)
Format: In-person
Note: Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of a student or employment Visas (including, but not limited to F-1, M-1, J-1, H-1B, OPT and/or CPT programs, etc.).
Summary:
The Arizona Cardinals Football Club is seeking a Director, Development Finance to lead financial analysis, development underwriting, and capital structuring for the Rawhide Project, a multi-phase, master-planned mixed-use development encompassing land development and horizontal infrastructure, retail, office, multifamily, hospitality, and structured parking.
This is a high-visibility, high-trust role supporting and working directly with the fast-moving, newly formed organization of Rawhide Development Company, created to develop a 217 acre mixed use development in the north Phoenix area. The Director will serve as the analytical lead for the Rawhide Project, working closely with the CFO of the Cardinals and the CEO of Rawhide Development Company on the master pro forma, the development underwriting, the capital stack, and the materials that carry the project to ownership, lenders, joint venture partners, and public agencies.
This is a highly hands-on individual contributor role. The successful candidate will be comfortable operating with independence and functioning as the dedicated development finance resource for Rawhide, personally building and maintaining the analyses and models that support key decisions rather than relying on a team of analysts. The role will collaborate extensively across Enterprise Finance, Accounting, Legal, Project Management and other internal and external partners.
This role requires the highest level of confidentiality and discretion. The Director, Development Finance will regularly be exposed to sensitive financial, transactional, and strategic information — including land transactions, partner and lender economics, ownership discussions, and organizational planning — and must handle all such information with absolute discretion, both inside and outside the organization.
Primary Job Duties:
The Director, Development Finance, will have the daily responsibilities including, without limitation, to the following:
- Pro Forma Modeling & Development Underwriting
- Build and own the master development pro forma, a fully integrated, multi-phase model consolidating horizontal land development with vertical product across retail, office, multifamily, hospitality, and structured parking, with parcel- and project-level roll-ups