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Construction Director

2 months ago


Birmingham, United Kingdom Gated Talent Full time

We are seeking a Construction (Development/Fund Monitoring specialist) Director, with real estate Development/Construction and Asset Management experience who will report into the General Partner. Client Details

Our client is a private investment firm that invests across the capital structure into European asset-backed opportunities. They specialise in providing private capital solutions across real estate, infrastructure, hard asset and financial asset markets. The firm is focused on European small to mid-cap special opportunities and provides asset-backed capital solutions to small and mid-cap businesses and institutional investors.

They current manage approximately $4 billion of discretionary capital on behalf of pension funds, endowments, foundations, and other institutional investors. Description Construction Director (Development/Fund Monitoring specialist) The role: Oversight and day-to-day management of complex construction assets or loans; Construction risk management throughout the life cycle of the investment Working with the investment team to review new opportunities; Working with the asset management team monitoring and assessing progress of the developments; Assessing the suitability of counterparties, contractors and professional teams; Reviewing construction costs and programme of new deals; Implementing procedures for Due Diligence; Managing external construction teams and design teams; Managing external enhanced monitoring teams; Working with external monitoring surveyors accessing the technical due diligence of new deals; Reviewing monthly monitoring surveyor reports; Tracking construction cost and programme changes across the projects; Approving UTR requests for construction related drawdowns; Visit sites to meet with the sponsor, contractors and professional team; Identify discrepancies in budgets, reports and ongoing projects, recommend appropriate remedies for these discrepancies and where necessary to challenge borrowers and third parties.

Support re-underwriting of budgets by providing relevant comps. Profile Construction Director (Development/Fund Monitoring specialist) Skills & Experience: Chartered Surveyor (RICS qualified) Quantity surveyor or Building surveyor/ Highly analytical & numerate / Risk management & reporting / Real Estate Construction AM; Minimum 15+ years’ experience in real estate development / construction / asset management; Highly diligent, hands on and process driven; Persistent and organised; Strong planning, organisational, negotiation and analytical skills; Spanish speaking and a track record of managing projects in Spain will be considered advantageous. Job Offer A competitive salary and bonus structure