Development Monitoring Surveyor - Workout and Recovery
Development Monitoring Surveyor Workout and Recovery Location - London / Remote / HybridLevel - Associate Director / DirectorSalary dependent on experience + bonusThis is not a standard Development Monitoring role.You ll join a highly regarded specialist consultancy working with banks and development lenders on projects that have moved beyond normal monthly monitoring and into workout, recovery and special situations.The work starts where conventional Development Monitoring sometimes finishes.A contractor may have failed. A developer may be in difficulty. Costs may have moved substantially. Progress may not be what has been reported. The lender may have taken control of the situation and needs somebody experienced enough to establish exactly where the project stands and what needs to happen next.The Role You ll work on distressed and complex development projects, in London, and on occasion further afield advising lenders on how best to protect and recover their position.Depending on the project, this could involve: establishing the true cost-to-complete;reviewing progress, programme and drawdown position;interrogating development budgets and construction information;working alongside receivers, insolvency practitioners, developers and contractors;identifying problems early and recommending practical solutions;overseeing projects more intensively than a conventional monthly monitoring instruction;helping lenders determine the best route through to completion or recovery. ..... full job details .....
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