Development Monitoring Surveyor – Client-side lender – London

Falmouth Fairfax; City Of London; On-site; GBP 65,000 - 75,000; Full time

Job summary

A leading real estate development firm in London is seeking a Senior Project Monitor to oversee their residential loan portfolio. The ideal candidate will have over 7 years experience and a relevant degree. This role involves managing project monitoring tasks and liaising with external advisors to ensure project success. The position offers a salary of £65,000 - £75,000 plus benefits.

Qualifications

• 7+ years’ experience as a project monitor or quantity/building surveyor.
• Experience with multi-unit residential developments above £10 million.
• Good understanding of development contracts and risk management.

Responsibilities

• Appraisal of new project build costs and risk assessments.
• Manage external monitoring surveyors and oversee development progress.
• Quarterly reporting to the business and institutional investors.

Skills

Project monitoring experience

Fund monitoring experience

Strong communication skills

Risk management

Education

BSc in Quantity Surveying

MRICS

MCIOB

Job description

Development Monitoring Surveyor – Client-side lender – London

We are working with a leading real estate development finance / lending platform with a secure £1+ billion loan book who are looking for a Senior Project Monitor / Development Monitor to work with their inhouse team and oversee their primarily residential loan / development portfolio.

Remuneration

£65,000 - £75,000 + Benefits + Bonus

The business has been exceptionally success over the last decade and has built up a secure development loan book primarily focused on multi-unit residential development, bridging and investment finance with individual loan levels between £5 million and c£100 million.

The successful candidate will currently be sitting in a project monitoring / fund monitoring surveying position or have a background in quantity / building surveying overseeing the full development cycle of multi-unit residential lead developments from initial feasibility and design through the delivery programme to completion. The role will report into the Director of development monitoring and will be split into three key functional areas:

• Pre drawdown – Appraisal of new project build cost, contract set up, programme and risk to input into the credit committee. Due Diligence on proposed deals, site reports, warranties and insurances liaising with external advisors.
• Live loans – overseeing and managing the external monitoring surveyors and reviewing development progress, monthly valuations, budgets, programmes and drawdowns with site visits identifying key programme milestones and mitigating risk.
• Reporting – quarterly high-level analysis and reporting into the business and institutional investors.

Due to the nature of the role they are looking for a Project / Development Monitor who has experience overseeing a number of developments at a time and will have the ability to autonomously appoint and manage the external consultancy practices, probe and understand the contractors site development progress and communicate the relevant feedback to the business and institutional investors.

Requirements

• MRICS / MCIOB with a BSc in Quantity Surveying, Building Surveying or Project Management
• 7+ years’ experience either as a project monitor / fund monitoring surveyor or a Quantity / Building Surveyor.
• Experience overseeing the full development lifecycle of multi-unit residential developments above £10 million construction cost.
• Good understanding of development contracts, programme, budgets, warranties, and risk management.
• Commercial astute with good communication and high-level reporting ability

This position represents an excellent opportunity to make a client side move with a leading lending platform.

For further information on this opportunity and to apply for this role please contact John Clarkson on 0203 854 3871 or send your CV through to [e-mail].