Talent.com
OakNorth
Director Monitoring Surveyor – Workout & RestructuringOakNorth • London, England, UK
Director Monitoring Surveyor – Workout & Restructuring

Director Monitoring Surveyor – Workout & Restructuring

OakNorth • London, England, UK
30+ days ago
Job type
  • Full-time
  • Temporary
Job description

The Role

OakNorth is looking for a commercially sharp Monitoring Surveyor to join our Workout & Restructuring team. This is a hands-on risk-focused role with direct accountability for protecting the Banks capital across distressed real estate exposures.

The role requires deep quantity surveying experience combined with strong commercial judgement. The successful candidate will take ownership of cost risk delivery risk and funding integrity across a portfolio of challenged real estate loans providing clear decision-ready analysis to senior stakeholders.

This is not passive monitoring. Youll be actively interrogating cost risk challenging borrower assumptions and shaping recovery outcomes on complex high-value situations.

Youll report to a Senior Director within Workout & Restructuring working closely with Credit Legal and Portfolio teams.

What Youll Do

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 surveyors 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

What Were Looking For

  • 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

Why OakNorth

At OakNorth were on a mission to empower ambitious businesses and the communities they serve. Since 2015 weve lent over $21 billion across the UK and US helped create more than 58000 new homes and 36000 new jobs and supported hundreds of thousands of personal savers all while driving economic growth in the markets we serve.

Benefits & Perks

  • 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)
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

Director


Employment Type : Full-Time
Experience: years
Vacancy: 1
Create a job alert for this search

Director Monitoring Surveyor – Workout & Restructuring • London, England, UK

Similar jobs

Associate Director Building Surveyor (TDD focus), London

Turner Property RecruitmentGreater London, England, GB
Full-time

Turner Property Recruitment is delighted to be partnering with a leading property consultancy to appoint an Associate Director specialising in Technical Due Diligence for its London office.This is ... Show more

 • Promoted

Director Monitoring Surveyor - Workout & Restructuring

OakNorthGreater London, England, GB
Temporary

OakNorth is looking for a commercially sharp Monitoring Surveyor to join our Workout & Restructuring team.This is a hands‑on, risk‑focused role with direct accountability for protecting the Bank's ... Show more

 • Promoted

Monitoring Surveyor

Aldwych Consulting LtdCity Of London, England, GB
Full-time +1

Salary: £35,000 - £42,000 p/a + package.Are you a Monitoring Surveyor looking to build a long-term career in civil engineering on major infrastructure projects? Do you want to take ownership of you... Show more

 • Promoted

Monitoring Surveyor

SOCOTEC UK & IrelandGreater London, England, GB
Full-time

SOCOTEC’s Monitoring and Surveying teams deliver market-leading monitoring, surveying and data collection services across the UK.With over 30 years of experience, we support major infrastructure, c... Show more

 • Promoted

Associate Monitoring Surveyor (Client‑Facing, UK)

StaceGreater London, England, GB
Full-time

A leading surveying firm in London is seeking an experienced Associate – Monitoring Surveyor (MRICS preferred).This senior role involves leading commissions for clients throughout the UK while prov... Show more

 • Promoted

Associate Director - Building Surveying

TSA Surveying LtdBromley, ENG, GB
Full-time

An exciting opportunity has arisen for an experienced MRICS Building Surveyor to join a well-established multidisciplinary property consultancy as an Associate Director within its growing Building ... Show more

 • Promoted

Director – Leading Construction and Property Consultancy

PSD GroupGreater London, England, GB
Full-time

Our client, an established, independent construction and property consultancy is seeking to appoint a Director to join its senior leadership team.The business is known for delivering tailored advic... Show more

 • Promoted

Monitoring Surveyor

Aldwych ConsultingCity Of London, England, GB
Full-time +1

Salary: £30,000 - £37,000 p/a + package.Are you a Monitoring Surveyor looking to build a long-term career in civil engineering on major infrastructure projects? Do you want to take ownership of you... Show more

 • Promoted

Director of Surveying Services (DoSS)

AmTrust InternationalGreater London, England, GB
Permanent

Applications are considered on a rolling basis.Director of Surveying Services (DoSS).Reporting into the Senior Leadership Team, the Director of Surveying (DoSS) will provide strategic, technical, a... Show more

 • Promoted

Associate Director - Quantity Surveyor - Infrastructure

Turner & TownsendGreater London, England, GB
Full-time

Turner & Townsend is one of the leading consultancy providers to the Infrastructure sector, and we are looking to recruit an Associate Director level, Senior Quantity Surveyor / Commercial Manager ... Show more

 • Promoted

Director of Surveying & LDI Risk Leadership

Marley Risk ConsultantsCity Of London, England, GB
Full-time

Marley Risk Consultants is seeking a Director of Surveying Services (DoSS) to lead their Surveying function, manage technical services for LDI, and ensure compliance and professional standards.This... Show more

 • Promoted

Director, Centralized Monitoring

Ipsen GroupGreater London, England, GB
Full-time

Director, Centralized MonitoringApplylocations: London (UK): Paristime type: Full timeposted on: Posted Todayjob requisition id: R-22014**Title:**Director, Centralized Monitoring**Company... Show more

 • Promoted

Tunnels Director United Kingdom London Application Deadline 08 August 2026

COWI A/SGreater London, England, GB
Permanent

Bristol / Derby / Glasgow / London / York.Do you want to design a more sustainable future? Can you lead on complex tunnel and underground space projects? Then, this could be the next adventure in y... Show more

 • Promoted

Monitoring Surveyor

SOCOTEC UK LtdWest London, ENG, GB
Permanent +1

About Monitoring and Surveying.SOCOTECs Monitoring and Surveying teams deliver market-leading monitoring, surveying and data collection services across the UK.With over 30 years of experience, we s... Show more

 • Promoted

Director of Building Surveying Dilapidations Specialist

Rainford BerryCity of London, ENG, GB
Full-time

Rainford Berry is recruiting on behalf of a leading independent property consultancy for an experienced.Director of Building Surveying.This is an excellent opportunity for a commercially minded sen... Show more

 • Promoted

Associate Director – Building Surveyor – Up to £75K DOE

Pinnacle Recruitment LtdCity Of London, England, GB
Full-time

Associate Director – Building Surveyor – Up to £75K DOE.Associate Director – Building Surveyor – Up to £75K DOE.Home » Construction » Associate Director – Building Surveyor – Up to £75K DOE.Being a... Show more

 • Promoted

Engineering Surveys and Monitoring Manager

Equans UK & IrelandGreater London, England, GB
Full-time

Engineering Surveys and Monitoring Manager.Equans UK is looking for a new.Surveys and Monitoring Manager.Equans Digital Business based from our London office on a hybrid working arrangement.Equans ... Show more

 • Promoted

Fund Monitoring Surveyor - Chartered QS/Building (Remote)

EC Property Recruitment LtdCity Of London, England, GB
Remote
Full-time

EC Property Recruitment Ltd is seeking a Chartered Building or Quantity Surveyor to transition into a Fund Monitoring Surveyor role in West End, London.This position involves advising banks on deve... Show more

 • Promoted

Senior Building Surveying Director: Strategy & Delivery

WSP in the UK & IrelandGreater London, England, GB
Full-time

A leading engineering consultancy is seeking a building surveying technical and business lead to enhance their Advisory team.The role, based in Greater London, Birmingham, or Manchester, involves m... Show more

 • Promoted

Director

Foster & MayGreater London, England, GB
Full-time

An ambitious and rapidly expanding Quantity Surveying consultancy is looking to appoint an experienced Quantity Surveying Director who is excited by the opportunity to establish and lead a new Lond... Show more