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- Tasks: Manage residential ground rent investments and oversee external asset managers.
- Company: Join a leading Pension Fund with £3bn AUM in diverse assets.
- Benefits: Enjoy competitive pay, professional development, and a collaborative work environment.
- Why this job: Be part of a dynamic team making a real impact in property management.
- Qualifications: Experience in residential property management and strong communication skills required.
- Other info: Opportunity to work on compliance with the Building Safety Act and fire safety legislation.
The predicted salary is between 48000 - 72000 £ per year.
We are recruiting for a Pension Fund with £3bn of AUM across commercial and residential assets. This role is dedicated to residential property assets within the Long Term Income Fund, which includes residential ground rent investments.
As Property Asset Manager, you will oversee the ground rent investment portfolio, ensuring consistent service delivery and effective management of external asset managers and professional building managers. You will have oversight of remediation teams on properties with cladding and fire safety concerns.
Key responsibilities include:
- Advising on Health & Safety legislation, particularly Fire Safety, ensuring compliance with the Building Safety Act.
- Assisting in the sale of ground rent asset class through disposals while maximizing value.
- Working closely with stakeholders to implement an efficient sales process.
- Overseeing and managing external third-party managers, designing and implementing disposal strategies, conducting regular reporting, site visits, and supporting remediation projects.
- Ensuring properties are maintained and operated in line with best practices in estate management and professional accounting standards.
- Acting as a proactive self-starter with strong experience in the residential property sector.
- Ensuring all reporting aligns with Key Performance Indicators (KPIs).
- Communicating effectively with stakeholders, including leaseholders across the ground rent portfolio.
Property Asset Manager - Residential employer: psd group
Contact Detail:
psd group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Property Asset Manager - Residential
✨Tip Number 1
Familiarise yourself with the latest trends in residential property management, especially regarding ground rent investments. Understanding the nuances of this sector will help you engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the property asset management field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at StudySmarter.
✨Tip Number 3
Brush up on your knowledge of Health & Safety legislation, particularly the Building Safety Act. Being well-versed in these regulations will demonstrate your commitment to compliance and safety in property management.
✨Tip Number 4
Prepare to discuss your experience with managing external teams and stakeholders. Highlight specific examples where you've successfully implemented strategies or improved processes, as this will showcase your leadership skills and ability to drive results.
We think you need these skills to ace Property Asset Manager - Residential
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in property management, particularly in residential assets. Emphasise any previous roles where you managed external asset managers or dealt with compliance issues related to health and safety legislation.
Craft a Strong Cover Letter: In your cover letter, express your passion for the residential property sector and detail how your skills align with the responsibilities of the Property Asset Manager role. Mention specific experiences that demonstrate your ability to oversee ground rent investments and manage stakeholder relationships.
Highlight Compliance Knowledge: Given the importance of health and safety legislation in this role, ensure you mention any relevant qualifications or experiences that showcase your understanding of the Building Safety Act and fire safety compliance.
Showcase Communication Skills: Since effective communication with stakeholders is crucial, provide examples in your application of how you've successfully communicated with various parties in past roles. This could include leaseholders, external managers, or other stakeholders.
How to prepare for a job interview at psd group
✨Know Your Portfolio
Familiarise yourself with the specific residential ground rent investments that the company manages. Be prepared to discuss how you would oversee and enhance the performance of these assets, demonstrating your understanding of the market and potential challenges.
✨Understand Compliance and Legislation
Brush up on relevant health and safety legislation, particularly the Building Safety Act. Be ready to explain how you would ensure compliance and manage risks associated with fire safety and cladding issues in residential properties.
✨Showcase Stakeholder Management Skills
Prepare examples of how you've effectively communicated and collaborated with various stakeholders in previous roles. Highlight your experience in managing external asset managers and building managers, as well as your approach to maintaining strong relationships with leaseholders.
✨Demonstrate Proactive Problem-Solving
Think of instances where you've identified issues and implemented solutions in property management. Discuss your ability to act as a self-starter and how you would approach challenges in overseeing the ground rent investment portfolio.
