Key Responsibilities Portfolio Monitoring & Risk Management Oversee the performance of a development and transitional loan book. Track covenant compliance, construction milestones, cost forecasts and project KPIs. Review valuation updates, monitoring surveyor reports and sponsor performance. Identify emerging risks, trends or underperformance, escalating issues where necessary. Asset & Loan Management Manage borrower relationships post‑execution, acting as the primary point of contact. Coordinate and approve drawdown requests and development funding in line with facility terms. Evaluate and recommend covenant waivers, amendments and consents. Collaborate with external advisors including surveyors, valuers and technical consultants. Workouts & Special Situations Take a proactive role in managing challenged or distressed loans. Support restructuring discussions and renegotiation of terms. Work closely with external legal counsel on enforcement pathways if required. Formulate recovery, mitigation and downside protection strategies. Reporting & Governance Produce periodic portfolio, risk and performance reporting for senior stakeholders. Contribute to investor updates and internal committee materials. Maintain internal risk ratings, provisioning assessments and monitoring frameworks. Experience & Background Candidates will typically bring 5-12 years from one or more of the following areas: Real estate debt funds Development finance or specialist lenders Bank structured finance, credit risk or workout teams Real estate private equity with asset/portfolio management exposure You should have direct experience with: Managing development or transitional real estate loans Construction monitoring, budget tracking and drawdown processes Handling covenant breaches, restructurings and distressed scenarios UK real estate lending, security structures and enforcement processes Technical Skills Strong grasp of development financing structures and deal mechanics. Ability to analyse development appraisals, cashflow models and sensitivity scenarios. Proficiency in Excel and financial modelling. Comfortable interpreting valuation reports, MS reports and technical due diligence. Understanding of senior, stretch, mezzanine and intercreditor arrangements. Strong judgement around credit risk and borrower performance. Personal Attributes Highly analytical with exceptional attention to detail. Commercially minded with sound risk awareness. Calm, structured and solutions‑oriented in pressured or complex situations. Confident and assertive, yet relationship‑driven. Strong sense of accountability and ownership. Excellent written and verbal communication skills.