Property Fund Monitoring Specialist
1 week ago
Our client is a well-established company with over 10 years of experience in creating successful lending partnerships.
The role of the Fund Monitoring Surveyor involves providing monitoring services and reporting progress to clients. The successful candidate will support lenders in the monitoring and drawdown approval for continued works on development and bridging finance.
Key Responsibilities:
- Prepare detailed reports on the viability of development projects, including budgetary control, quality, progress, insurances, contracts, and adherence to statutory procedures.
- Monitor construction and approve drawdowns from agreed funds, ensuring all financial and project-related documentation is accurate, current, and compliant.
- Liaise with project managers, contractors, and stakeholders to resolve issues and ensure smooth project execution.
- Maintain regular communication with borrowers in a client-facing role to build relationships and support business development strategies.
- Represent the company professionally and diligently.
Qualifications and Experience:
- A bachelor's degree in Building Surveying or Quantity Surveying (preferably).
- MRICS or equivalent qualification.
- At least 3 years of experience in project or fund monitoring, managing residential developments, including refurbishments and new builds, ranging from £250,000 to £1,500,000.
- Good understanding of loan documentation, identifying and monitoring clauses for compliance and risk identification.
- Practical knowledge of construction processes and building contracts.
- Familiarity with Planning, Building Control, and House in Multiple Occupation regulations.
Person Specification:
- Ability to read and interpret construction plans and specifications.
- Must be enthusiastic, proactive, and self-motivated.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
- High attention to detail and organisational skills.
- Excellent report writing skills.
Salary: We are offering a salary range of £45,000 - £60,000 per annum, depending on experience.
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