Development Monitoring Surveyor – Workout & Recovery
Location - London / Remote / Hybrid
Level - Associate Director / Director
Salary dependent on experience + bonus
This is not a standard Development Monitoring role.
You'll join a highly regarded specialist consultancy working with banks and development lenders on projects that have moved beyond normal monthly monitoring and into workout, recovery and special situations.
The work starts where conventional Development Monitoring sometimes finishes.
A contractor may have failed. A developer may be in difficulty. Costs may have moved substantially. Progress may not be what has been reported. The lender may have taken control of the situation and needs somebody experienced enough to establish exactly where the project stands and what needs to happen next.
The Role You'll work on distressed and complex development projects, in London, and on occasion further afield advising lenders on how best to protect and recover their position.
Depending on the project, this could involve:
establishing the true cost-to-complete;
reviewing progress, programme and drawdown position;
interrogating development budgets and construction information;
working alongside receivers, insolvency practitioners, developers and contractors;
identifying problems early and recommending practical solutions;
overseeing projects more intensively than a conventional monthly monitoring instruction;
helping lenders determine the best route through to completion or recovery.
There will still be Development Monitoring work, but the attraction of this role is the difficult stuff.
These are the projects where somebody needs to get underneath what is actually happening rather than simply report what they have been told.
About You You'll already have substantial Development Monitoring experience and, ideally, direct exposure to distressed developments, workout, recovery or problem projects.
You could currently be working within a Monitoring consultancy, lender,
Development Monitoring Surveyor - Workout & Recovery in East Kilbride employer: Sento Talent
As a leading facilities management provider, our company offers an exceptional work environment that prioritises employee growth and development. With a focus on the NHS/Healthcare sector, we provide a supportive culture that encourages innovation and collaboration, all while offering the flexibility of remote working. Employees enjoy competitive salaries, generous on-target earnings, and the unique advantage of a company car or allowance, making this an attractive opportunity for those seeking meaningful and rewarding employment.
