Senior Project Loan Monitor

Steve Thomas
Toronto, Ontario
Negotiable DOE
Job Posted

A Senior Project Loan Monitor is required to work for a reputable consultancy firm in Toronto, Ontario.  The successful candidate will provide quantity surveying expertise, cost reviews and planning advice.

Project Details

The successful candidate will lead theproject loan monitoring on many of Toronto’s exciting new projects.

Projects will typically be high value, complex developments that can include new build, refurbishment and fit-out. They work across a wide range of sectors, including:

  • Commercial
  • Residential
  • Transportation
  • Institutional Infrastructure
  • Hospitality / Leisure

Responsibilities and Duties

The  senior project loan monitor role will focus on:

  • Preparing cost plans
  • Preparing cash flow projection
  • Assessing the project budget and time schedules
  • Reviewing and providing advice on all cost items and contractor commitments
  •  Reviewing project finance documents/conditions
  • Assisting the developer with agreement of lender requirements
  • Checking designs in the context of budget preparation
  • Preparation of contractor’s payment recommendations
  • Reporting on, measuring and valuing variations
  • Performing site inspections
  • Assessing valuation of construction work
  • Providing independent review and analysis of construction activities
  • Identifying any risk factors throughout the project

The role will also include responsibilities such as:

  • Supervising junior project loan monitors
  • Preparing and presenting cash flow and cost management advice to clients
  • Interpreting and offering cost planning advice regarding the financial feasibility of projects
  • Communicating on potential cost overruns and schedule delays

Desired Skills and Experience

Ideally candidates will come from a PQS background and demonstrate evidence of working at a senior consultant level

Qualifications/Educational Requirements

  • Qualified to Degree level in a relevant subject is essential
  • Professional membership of the RICS or a similar equivalent professional body is desirable

Employing Company Overview and Profile

The company are an independent real estate and cost consultancy advisory firm in Toronto, Ontario.

Additional Benefits Package and Incentives


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