Head of UK Asset Management

Location: Euston, England Sector: Property & Housing Salary: Attractive basic salary plus bonus & benefits package Job Overview:This is a broad role and one that is strategic and requires a delegative mindset. An ability to create and manage team structures and develop and implement systems and processes to meet the needs of the business and its investors are key capabilities for the role. Occasionally, rolling up the sleeves and getting \”stuck in\” with the team to solve critical issues. Personal attributes are also important. To be successful in the role, the person will need to be highly collaborative, able to simultaneously challenge and support the team and effectively develop individuals and the team as a whole, balancing this with the Firm\’s desire for continual improvement at pace. ESR has c£5bn of assets across office and I&L and spread across a listed vehicle (Regional REIT), discretionary funds and third party mandates comprising large single assets or I&L portfolios. The UK asset management team offers a fully integrated asset, property and facilities management service to its investor clients. It is predominantly based in London and Glasgow, with offices in Leeds and Manchester and comprises c40 people. The Head of UK Asset Management is a senior member of the asset management team and will work closely with the Head of Asset Management. This relationship will be key for the role holder, working in an open and collegiate way, with a no surprises approach key to building trust. The successful candidate will collaborate with senior team members from other functions (particularly finance and investment) to develop the Firm\’s service offering and its systems/processes, with a focus on improving efficiency and driving consistency. Success in the role will see the role holder continue to develop a performance-oriented mindset across the team, in a way that drives transparency and identifies initiatives that drive value across the various investment vehicles under management, as well as ensuring the three teams under management (two working on the REIT (public market) and one working on private market instructions) allocate resources effectively to enable value to be delivered in line with approved business plans. Over time, the Head of Property Management is likely to report into the Head of UK Asset Management, so seeing value in the delivery of high-quality property management services is key, as is an interest in supporting the team to develop, implement and track KPI performance, in a way that supports business growth through the delivery of its fully integrated asset management service. Key Responsibilities:Developing the UK AM team in line with the strategic objectives agreed with the Head of Asset Management Managing the UK asset management team, comprising c40 people across asset, property and facilities management Direct line management of two people, and close engagement with five others Understanding the key value drivers across each investment vehicle and using this knowledge to embed a performance-oriented mindset across the team Driving transparency in workload across the function, ensuring resources are allocated effectively to maximise performance across the team Ensuring reporting deadlines are met by team members and that outputs to investors, internal stakeholders and others are of high quality Collaborating with senior team members from other functions to drive efficiency and continually develop the Firm\’s overall service offering Member of the Firm\’s Operations Committee At times, representing the Firm at investor pitches Ideally, an ability to lead the Firm\’s thinking around ESG (a strategy and framework are in place), until a full-time Head of ESG is appointed Skills & Abilities:Proven team management experience A high level of commercial awareness, with a strong grasp of the drivers of property returns Strong communication and influencing skills, verbal and written Delegative in mindset and able to simultaneously challenge and support teams being managed Highly collaborative Solid analytical skills Ability to work autonomously and as a part of a team Ability to work in a deadline-driven environment Detail-oriented and thorough Proficient in MS Word, Excel and PowerPoint Well-connected amongst professional service teams#J-18808-Ljbffr