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- Tasks: Oversee residential development projects and manage external surveyors for successful loan monitoring.
- Company: Leading real estate finance platform with a secure £1+ billion loan book.
- Benefits: Competitive salary, bonuses, and comprehensive benefits package.
- Why this job: Join a successful team and make a real impact in the property development sector.
- Qualifications: MRICS/MCIOB with 7+ years in project monitoring or quantity surveying.
- Other info: Great opportunity for career growth in a dynamic lending environment.
The predicted salary is between 65000 - 75000 £ per year.
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 j.clarkson@falmouthfairfax.com.
Development Monitoring Surveyor - Client-side lender - London employer: Falmouth Fairfax Real Estate Recruitment
Contact Detail:
Falmouth Fairfax Real Estate Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Monitoring Surveyor - Client-side lender - London
✨Tip Number 1
Network like a pro! Reach out to your contacts in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Development Monitoring Surveyor role. You never know who might have the inside scoop on an opportunity!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the development lifecycle and current market trends. Be ready to discuss your experience with multi-unit residential developments and how you’ve managed risks in past projects. Confidence is key!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that suit your skills and aspirations. Tailor your approach to each company to show them why you’re the perfect fit!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and gives you another chance to highlight your qualifications.
We think you need these skills to ace Development Monitoring Surveyor - Client-side lender - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Development Monitoring Surveyor role. Highlight your relevant experience in project monitoring and any specific projects you've overseen that align with 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 your MRICS/MCIOB qualifications and how your background in quantity/building surveying makes you a strong candidate.
Showcase Your Skills: Don’t forget to showcase your skills in risk management, budget oversight, and high-level reporting. These are key areas for the role, so make sure they stand out in your application.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Falmouth Fairfax Real Estate Recruitment
✨Know Your Numbers
As a Development Monitoring Surveyor, you'll need to be comfortable with figures. Brush up on your understanding of project costs, budgets, and financial metrics relevant to multi-unit residential developments. Be ready to discuss how you've managed budgets in past projects.
✨Showcase Your Experience
Prepare specific examples from your 7+ years of experience that highlight your role in overseeing the full development lifecycle. Use the STAR method (Situation, Task, Action, Result) to structure your answers and demonstrate your impact on previous projects.
✨Understand the Company’s Portfolio
Research the lending platform's existing projects and their loan book. Familiarise yourself with their approach to risk management and project monitoring. This will not only show your interest but also allow you to ask insightful questions during the interview.
✨Communicate Clearly
Since the role involves high-level reporting and communication with institutional investors, practice articulating complex information clearly and concisely. Consider doing mock interviews with a friend to refine your delivery and ensure you can convey your thoughts effectively.