Director, Development and Construction Risk new

Job Description

The key purpose of the role is to provide Shawbrook Bank with in-house Independent Monitoring Surveyor / Bank Monitoring Surveyor expertise for the Shawbrook Bank development finance and Speciality Finance portfolios.

The role will contribute to effective management of the Development Finance & Any Other Area of the Bank, where specialist consultation is required.. Overall objective to ensure high standards of risk management and early identification of issues that may impact a development (project delays and cost overruns; compliance with planning stipulations and regulations; external market factors which may impact developments).

The role requires in-depth knowledge of the real estate development process and development finance market, with first-hand experience of the preparation of IMS reports or working as a QS on residential developments. 

Key Role Responsibilities

• For complex and higher value new to bank deals, working closely with the Development Finance Origination team to provide advice on all aspects relating to the development pre-funding.
• Once funded, provide in-house advice on those development deals which may be off-track or seeking further extensions to loan maturity.
• Advise on problem loans or exit names – in these situations working closely with the Non-Performing Loan team.
• Undertake periodic reviews on a sample of performing cases, across a range of IMS firms, to ensure all timelines are being met in accordance with external IMS reporting and/or all issues identified by the portfolio manager, together with specific focus on the quality of the IMS report
• Providing training and coaching across the Development Finance team.
• For those customers within the existing Speciality Finance portfolio who are involved in Development Finance – provide greater focus and oversight of the underlying deals which form part of our borrowing base / security.
• Maintaining and developing contacts with external IMS / QS firms – ensuring these advisors are challenged appropriately and following instructions and terms of engagement, together with supporting the on-boarding of new IMS firms.

Qualifications

• Experience working with a Developer, Consultancy or Main Contractor/Construction Manager in a QS/Commercial Management/Project Management role will be considered.. Ideal candidate to have knowledge and experience of development finance from the perspective of a lending bank and experience as an Independent Monitoring Surveyor.
• Degree qualification in Quantity Surveying or another RICS accredited construction degree qualification. Chartered status is preferred but not essential for the right candidate.
• The role requires in-depth knowledge of the development finance market with first-hand experience of the preparation of IMS reports or working as a QS/CM/PM on residential developments.
• Strong analytical skills, including good knowledge of Excel, being able to manage and handle complex issues.
• Good commercial awareness of the property / development finance market.
• Excellent team player, with strong interpersonal skills and ability to interact and build rapport with individuals/stakeholders at various levels of the organisation, both internally as well as externally.
• Influencing skills and the ability to communicate effectively both orally and in writing with all levels of management, external advisors and committees.
• Influencing skills and the ability to communicate effectively both orally and in writing with all levels of management, external advisors and committees.
• Adherence to bank’s policies, compliance with all regulatory requirements, remaining in good standing with regulatory agencies.

Additional Information

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace, a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done