Senior Cost Consultant, Loan Monitoring

• Visit construction sites on a monthly basis to review the contractor and subcontractor progress claims
• Deliver pre-development services to establish feasibility of the project and identify any risks
• Provide review of development schedule, such as overall progress of the project and anticipated completion dates to the lender
• Establish and track project budget, along with cost to date and cost to complete
• Develop cash flow projections and summaries
• Confirm borrower’s equity contributions
• Prepare and submit preliminary report to the lender before any loan advances are issued to the borrower
• Review construction contracts and other forms of commitments to minimize any risks of completion of the project
• Provide approvals on insured deposit advances and keeping the insurance lender up to date and provide access to the funds
• Process payment certification under construction contracts in compliance with the Provincial Lien Act
• Negotiate change orders with contractors in accordance to the terms of the agreed contract
• Perform reviews of all material financial project documentation implications

• Bachelor’s Degree in Construction Management, Quantity Surveying, Civil/Structural Engineering, Building Science or in a related field
• 4-6+ years of related experience in loan monitoring and project monitoring
• Strong understanding of RICS Project Monitoring guidelines and standards
• Superior communication and time management skills, along with the ability to manage multiple projects at any given time
• Intermediate level of understanding of construction estimates, development schedules
• In-depth knowledge of the construction industry - development, contracting & consultant services
• Working knowledge of the Provincial lien act and CIQS standard method of measurement – elemental/trade
• Strong understanding of standard contract conditions – CCDC

Working towards LEED, RICS/PQS certification

• competitive compensation
• incentive and bonus plans
• total rewards package prioritizing mental, physical, and financial well-being
• professional learning via Altus Intelligence Academy
• flexible work model (Activity-Based Work model)