Director Monitoring Surveyor Workout & Restructuring

Cost & Quantity Surveying

• Lead detailed review of development budgets, appraisals, and cashflows


• Form independent, evidence-based views on cost-to-complete — including downside scenarios


• Identify overruns, under-provisioning, and contingency gaps


• Challenge borrower and contractor assumptions with evidence based analysis.


• Assess value engineering opportunities without compromising asset value or exit value.


• Review procurement strategies, contract structures (JCT/NEC), and drawdown requests


• Review and validate drawdown requests, interim valuations, and payment certifications.

Project & Delivery Risk

• Monitor progress against programme, milestones, and funding triggers


• Identify delivery risks including contractor performance, delays, and technical issues.


• Assess contractor performance, buildability, and practical completion risk


• Provide clear, decision-ready reporting on project status and required interventions

Workout & Restructuring

• Support enforcement scenarios including step-in, contractor replacement, and project stabilisation


• Advise on options to complete, restructure, refinance, or dispose of assets


• Input into asset-level business plans and recovery strategies


• Work on partially completed, stalled, or non-performing developments


• Other types of real estate assets that require a surveyor’s input

Credit Support

• Provide technical input into credit papers, amendments, and restructuring proposals


• Connect construction cost analysis directly to loan exposure, LTV, and recovery outcomes


• Support sensitivity analysis on cost inflation, delays, and exit values

Stakeholder Management

• Act as a credible counterparty to sponsors, developers, and professional teams


• Manage and challenge external monitoring surveyors and consultants


• Work closely with Workout & Restructuring, Credit and Legal teams


• Escalate issues early with clear recommendations


• Present strategies and updates to Credit Committee and senior management

• Strong track record in quantity surveying and/or monitoring surveying


• Experience in real estate finance, restructuring, or complex project environments


• Exposure to distressed or underperforming assets is a real advantage


• Deep knowledge of construction costs, procurement, and contract management (JCT/NEC)


• Ability to assess incomplete or poor-quality information and form robust conclusions.


• MRICS qualified (preferred), degree in Quantity Surveying or related discipline

• Equity. We want people to have a stake in the business so that all our interests are aligned.


• 25 days holiday


• Personalized benefits – opt-in to what matters to you


• Subsidised Private Medical Insurance with Bupa


• Enhanced maternity and paternity leave


• Wellbeing and social events


• In-house Barista Bar in London office


• Support causes that matter to you – Volunteering time off


• Salary sacrifice schemes (Cycle to work, nursery, gym, electric car scheme)