At a Glance
- Tasks: Oversee construction projects, manage risks, and ensure successful delivery of development loans.
- Company: Join a well-capitalised lender making waves in the UK development market.
- Benefits: Competitive salary, career growth, and a chance to shape the future of real estate.
- Other info: Dynamic role with opportunities for site visits and stakeholder engagement.
- Why this job: Be a key player in exciting residential projects and make impactful decisions.
- Qualifications: Chartered status with experience in construction monitoring and strong communication skills.
The predicted salary is between 80000 - 100000 € per year.
Cobalt is working with a specialist real estate lender to appoint a Construction Director, providing technical oversight and risk management across a diverse development loan portfolio from origination through to exit.
This is an opportunity to join a well‑capitalised and growing lender with an active presence in the UK development market. The business works across a broad range of residential‑led schemes and places strong emphasis on risk management, collaboration, and informed decision‑making across its portfolio.
Reporting into the lending and portfolio leadership team, you will act as the in‑house technical advisor across all live and prospective development loans.
Key responsibilities include:
- Undertaking technical due diligence on new lending opportunities, including reviewing counterparties, contractors, and professional teams.
- Reviewing development appraisals, construction budgets, and programmes to assess viability and delivery risk.
- Managing external monitoring surveyors and reviewing monthly reports to identify risks and recommend mitigation strategies.
- Supporting credit decisions through detailed analysis of technical and construction documentation.
- Monitoring cost and programme performance across live projects and advising on variances.
- Reviewing and approving drawdowns in line with construction progress and milestones.
- Undertaking site visits and engaging with sponsors, contractors, and consultants to assess delivery and quality.
- Supporting portfolio reviews, re‑underwriting, and technical input on workout scenarios.
Skills and experience:
- Chartered status (MRICS or MCIOB) with a background in Building Surveying or Quantity Surveying.
- Working knowledge of construction monitoring, development appraisals, and cost management.
- Experience acting as a Monitoring Surveyor within a consultancy environment.
- Understanding of lender‑side requirements or advisory work on behalf of funders.
- Ability to review technical information and challenge assumptions effectively.
- Strong communication skills with the confidence to engage stakeholders across site and board‑level environments.
Call to action: Apply now to be considered for this opportunity, with interviews expected to take place shortly. Due to the volume of applications received, if you do not hear back, please assume your application has been unsuccessful on this occasion. If you require any adjustments or additional support during the recruitment process for any reason whatsoever, please let us know.
Construction Director - Development Monitoring in City of London employer: Energy Jobline ZR
Cobalt offers a dynamic and supportive work environment in the heart of the City of London, where employees are encouraged to collaborate and contribute to meaningful projects within the real estate sector. With a strong focus on professional development, the company provides ample opportunities for growth and advancement, ensuring that team members can thrive in their careers while managing a diverse portfolio of development loans. The emphasis on risk management and informed decision-making fosters a culture of excellence, making Cobalt an exceptional employer for those seeking to make a significant impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Construction Director - Development Monitoring in City of London
✨Tip Number 1
Network like a pro! Reach out to your contacts in the construction and real estate sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Be ready to discuss how your experience aligns with their needs, especially in risk management and technical oversight. Show them you’re not just another candidate, but the right fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you on their radar and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Construction Director role! We want to see your application and help you shine. Plus, it makes tracking your application easier for us!
We think you need these skills to ace Construction Director - Development Monitoring in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Construction Director role. Highlight your experience in technical oversight and risk management, especially in development loans. We want to see how your background aligns with the key responsibilities mentioned in the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that demonstrate your skills in construction monitoring and stakeholder engagement. We love a good story!
Showcase Your Qualifications:Don’t forget to highlight your chartered status (MRICS or MCIOB) and any relevant qualifications. We’re looking for someone with a solid background in Building Surveying or Quantity Surveying, so make sure this stands out in your application.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it makes the process smoother for both you and us!
How to prepare for a job interview at Energy Jobline ZR
✨Know Your Technical Stuff
Make sure you brush up on your technical knowledge related to construction monitoring and development appraisals. Be ready to discuss specific projects you've worked on, the challenges you faced, and how you overcame them. This will show that you’re not just familiar with the theory but have practical experience too.
✨Showcase Your Risk Management Skills
Since the role emphasises risk management, prepare examples of how you've identified and mitigated risks in past projects. Think about times when your insights led to better decision-making or saved costs. This will demonstrate your ability to add value to their portfolio.
✨Engage with Stakeholders
Communication is key! Be prepared to discuss how you’ve effectively engaged with various stakeholders, from contractors to board members. Share examples of how you navigated differing opinions and reached consensus, as this will highlight your collaborative approach.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about their current projects, challenges they face in the market, or how they measure success in this role. This shows your genuine interest in the position and helps you assess if it’s the right fit for you.
