Quantity Surveyor / Fund Monitor – Client-side – London
We are working with a leading real estate development finance platform with a secure £2+ billion loan book who are looking for a Senior / Associate level Fund Monitor to join their team. This an exceptional opportunity with succession planning into the director position over the next year.
Remuneration:
£70,000 - £80,000 + 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 Quantity Surveyor / Fund Monitor will take a high level oversight of the full development cycle of multi-unit residential lead developments from initial feasibility 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 and Due Diligence.
Live loans – Overseeing and managing the external monitoring surveyors and reviewing development progress, monthly valuations, budgets, programmes and drawdowns.
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 Fund 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.
Requirements:
MRICS / MCIOB with a BSc in Quantity Surveying, Building Surveying or Project Management
7+ years’ experience either as a Project Monitor / Fund Monitor or Quantity 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.
