Project Monitor (In House) - Real Estate Finance

Job description

Company Overview

My client is a specialist real estate investment manager focused on value-oriented real estate lending across the UK and Europe.

They originate, structure, and actively manage capital across acquisition, development, and special situations, providing both single-asset and platform-level funding solutions.

Purpose of Role

We are seeking an experienced RICS-qualified Project Monitor to oversee development risk across our lending portfolio.

This is a commercially focused, credit-oriented role within an active investment platform. You will be responsible for rigorous pre-loan due diligence and disciplined post-loan monitoring of residential development schemes, ensuring risks are identified early and capital is protected throughout the lifecycle of each project.

Working Structure

This is a hybrid role that requires travel to London and a strong on-site presence.

Responsibilities

Pre-Loan Due Diligence

• Review and challenge build costs, budgets, specifications, and procurement structures.
• Assess contractor strength, professional team capability, and delivery track record.
• Evaluate programme achievability and key execution risks.
• Review planning status, statutory approvals, Section 106/CIL obligations, and pre-commencement conditions.
• Assess development surveys, ground reports, rights of light, Party Wall matters, and collateral warranties.
• Review building contracts and insurance arrangements.
• Analyse drawdown structures and cost-to-complete assumptions.
• Review and sign off third-party Quantity Surveyor reports.

Post-Loan Monitoring

• Review progress reports and identify emerging risks early.
• Monitor compliance with planning conditions and facility agreement covenants.
• Assess and recommend drawdown requests.
• Monitor construction progress through to practical completion.
• Support impairment analysis where required.

Stakeholder Engagement

• Present findings and risk recommendations to credit committees and key stakeholders.
• Undertake regular site inspections (pre- and post-loan).
• Liaise directly with borrowers, contractors, and professional advisers.
• Ensure alignment with lender risk appetite and credit objectives.
• Operate in line with internal governance and professional standards.

Skills & Experience

• RICS qualified.
• Minimum 5 years’ experience in consultancy-side Quantity Surveying or Project Monitoring.
• Strong residential development experience (typically £1m–£50m GDV).
• Commercially astute with strong credit awareness.
• Clear, confident communicator — written and verbal.
• Comfortable operating independently and managing multiple live schemes.
• Full, clean UK driving licence (essential).
• Dynamic and solutions-oriented.
• A strong problem solver who can identify risks early and implement practical, commercially sound solutions.
• Decisive, resilient, and comfortable challenging contractors or developers where required.
• Detail-focused while maintaining a strategic view of overall project and capital risk.

Salary: Competitive, depending on experience

Extra information

Status

Open

Education Level

Secondary School

Location

England

Type of Contract

Full-time jobs

Published at

15-04-2026

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English