Development Monitor – Client-side lender – London

Overview

Senior Development Monitor managing residential loan portfolio, overseeing project lifecycle.

Key Responsibilities

• quarterly reporting
• risk mitigation
• site visits
• budget monitoring
• progress review
• stakeholder liaison

Tasks

Due to the nature of the role they are looking for a Project / Development 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, probe and understand the contractors site development progress and communicate the relevant feedback to the business and institutional investors. -Reporting – quarterly high-level analysis and reporting into the business and institutional investors. -Live loans – overseeing and managing the external monitoring surveyors and reviewing development progress, monthly valuations, budgets, programmes and drawdowns with site visits identifying key programme milestones and mitigating risk.

Requirements

• mrics
• mciob
• bsc
• 7+ years
• commercial
• risk management

What You Bring

-Pre drawdown – Appraisal of new project build cost, contract set up, programme and risk to input into the credit committee. Due Diligence on proposed deals, site reports, warranties and insurances liaising with external advisors. -Good understanding of development contracts, programme, budgets, warranties, and risk management. -MRICS / MCIOB with a BSc in Quantity Surveying, Building Surveying or Project Management -7+ years’ experience either as a project monitor / fund monitoring surveyor or a Quantity / Building Surveyor. -Commercial astute with good communication and high-level reporting ability -Experience overseeing the full development lifecycle of multi-unit residential developments above £10 million construction cost.

People Also Searched For

Benefits

We are working with a leading real estate development finance / lending platform with a secure £1+ billion loan book who are looking for a Senior Project Monitor / Development Monitor to work with their inhouse team and oversee their primarily residential loan / development portfolio. 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. £65,000 - £75,000 + Benefits + Bonus This position represents an excellent opportunity to make a client side move with a leading lending platform.

About Falmouth Fairfax Real Estate Recruitment

-Emerging as a boutique firm to challenge volume-driven recruiters with hands‑on, adviser‑led service. -Partners with clients ranging from boutique developers to global investors on roles across investment, development, asset and property management. -Advises on full recruitment lifecycle – from contingency search to full retained mandates – plus CV guidance, benchmarking and market insight. -Typical roles include project managers, building surveyors and fund/portfolio managers within UK and international real estate. -Built on a low‑volume workload model: each director handles only a handful of roles to ensure quality and personal attention. -Notable for operating both recruitment and competitor‑analysis, salary‑benchmarking and organisational mapping services alongside search.

Sector Specialisms