VP - Construction / Development

Page Personnel; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading investment firm in London seeks a Vice President - Construction/Development to manage complex construction assets and oversee investment risk management. Candidates should have at least 15 years of experience in real estate development, a chartered surveyor qualification, and expertise in managing challenging construction situations. A competitive salary package ranging from £90,000 to £120,000 per annum is offered, alongside bonuses and full benefits.

Benefits

Competitive salary

Bonus

Full benefits package

Qualifications

• Minimum 15+ years' experience in real estate development/construction.
• Experienced in managing challenging construction situations.
• Track record of managing projects in the UK and Ireland.

Responsibilities

• Assist in the oversight and management of construction assets or loans.
• Review and monitor progress of developments.
• Identify discrepancies in budgets and recommend remedies.

Skills

Chartered Surveyor (MRICS)

Risk management

Contractual dispute resolution

Analytical skills

Organizational skills

Education

Quantity survey or Building surveyor

Job description

• Opportunity to work for a private Real Estate Investment Firm.
• Exposure to multi-asset class developments across UK & Ireland.

About Our Client

My client is a private investment firm that invests across the capital structure into European asset-backed opportunities. It specializes in providing private capital solutions across real estate, infrastructure, hard asset and financial asset markets. It is focused on European small to mid-cap special opportunities in asset-rich, out-of-favour and / or non-core asset classes. The firm provides asset-backed capital solutions to small and mid-cap businesses and institutional investors, in response to asset owners facing limited access to capital from banks and other traditional sources of funding. They manage approximately $4 billion of discretionary capital on behalf of pension funds, endowments, foundations, and other institutional investors.Based in London and with multiple offices across Europe, with a team of over 60 professionals with extensive investment, portfolio management and restructuring experience working across its offices.The firm is seeking a Vice President - Construction / Development who will be reporting into the Director of Construction.

Job Description

The Role- Assist in the oversight and day-to-day management of complex construction assets or loans;- Construction risk management throughout the life cycle of the investment;

• Working with the investment team to review new opportunities;
• Working with the asset management team monitoring and assessing progress of the developments;
• Assessing the suitability of counterparties, contractors and professional teams;- Reviewing construction costs and programme of new deals;- Assist in managing external construction teams and design teams;- Work with external enhanced monitoring teams;- Working with external monitoring surveyors accessing the technical due diligence of new deals;- Reviewing monthly monitoring surveyor reports;- Contribute and support the coordination of the company's Due Diligence process, ensuring its efficiency and compliance with relevant standards;- Tracking construction cost and programme changes across the projects;- Visit sites to meet with the sponsor, contractors and professional team;- Identify discrepancies in budgets, reports and ongoing projects, recommend appropriate remedies for these discrepancies and where necessary to challenge borrowers and third parties;- Support re-underwriting of budgets by providing relevant comps.

The Successful Applicant

A successful VP - Construction / Development should have : - Chartered Surveyor (MRICS) Quantity survey or Building surveyor / Highly analytical and numerate / experienced in Risk management and reporting / Real Estate Construction;- Currently working for a building consultancy or in a client-side role with a Developer and / or a Real Estate Investment Management / Asset Management firm;- Experienced in managing challenging construction situations, dealing with contractual disputes and arbitration;- Minimum 15+ years' experience in real estate development / construction;- Track record of managing projects in the UK and Ireland;- Highly diligent, hands on and process driven;- Persistent with strong planning, organisational, negotiation and analytical skills.

What's on Offer

Competitive salary ranging from £90,000 to £120,000 per annum + bonus + full benefits package.