Director Monitoring Surveyor – Workout & Restructuring

Cost & Quantity Surveying

• Lead detailed review of development budgets appraisals and cashflows
• Form independent evidence-based views on cost-to-complete including downside scenarios
• Identify overruns under-provisioning and contingency gaps
• Challenge borrower and contractor assumptions with evidence based analysis.
• Assess value engineering opportunities without compromising asset value or exit value.
• Review procurement strategies contract structures (JCT/NEC) and drawdown requests
• Review and validate drawdown requests interim valuations and payment certifications.

Project & Delivery Risk

• Monitor progress against programme milestones and funding triggers
• Identify delivery risks including contractor performance delays and technical issues.
• Assess contractor performance buildability and practical completion risk
• Provide clear decision-ready reporting on project status and required interventions

Workout & Restructuring

• Support enforcement scenarios including step-in contractor replacement and project stabilisation
• Advise on options to complete restructure refinance or dispose of assets
• Input into asset-level business plans and recovery strategies
• Work on partially completed stalled or non-performing developments
• Other types of real estate assets that require a surveyors input

Credit Support

• Provide technical input into credit papers amendments and restructuring proposals
• Connect construction cost analysis directly to loan exposure LTV and recovery outcomes
• Support sensitivity analysis on cost inflation delays and exit values

Stakeholder Management

• Act as a credible counterparty to sponsors developers and professional teams
• Manage and challenge external monitoring surveyors and consultants
• Work closely with Workout & Restructuring Credit and Legal teams
• Escalate issues early with clear recommendations
• Present strategies and updates to Credit Committee and senior management

• Strong track record in quantity surveying and/or monitoring surveying
• Experience in real estate finance restructuring or complex project environments
• Exposure to distressed or underperforming assets is a real advantage
• Deep knowledge of construction costs procurement and contract management (JCT/NEC)
• Ability to assess incomplete or poor-quality information and form robust conclusions.
• MRICS qualified (preferred) degree in Quantity Surveying or related discipline

• Equity. We want people to have a stake in the business so that all our interests are aligned.
• 25 days holiday
• Personalized benefits opt-in to what matters to you
• Subsidised Private Medical Insurance with Bupa
• Enhanced maternity and paternity leave
• Wellbeing and social events
• In-house Barista Bar in London office
• Support causes that matter to you Volunteering time off
• Salary sacrifice schemes (Cycle to work nursery gym electric car scheme)