At a Glance
- Tasks: Manage a portfolio of 1,367 flats, focusing on budgeting, compliance, and lettings.
- Company: Criterion is a dynamic London-based property company with diverse investments.
- Benefits: Gain hands-on experience in asset management and work in a collaborative environment.
- Why this job: Join a proactive team and make a real impact in residential asset management.
- Qualifications: Experience in residential asset management and strong financial skills are essential.
- Other info: Opportunity to lead a team and develop valuable industry relationships.
The predicted salary is between 43200 - 72000 £ per year.
Criterion is a London-based property company with residential, commercial and hotel investments.
We are looking for a pro-active-driven Residential Asset Manager for our 1,367 flats portfolio across multiple residential buildings.
Key Responsibilities:
Budgeting and Valuations:
- Preparing building budgets.
- Supporting the senior team in appraising development opportunities.
- Preparing reports for the management team and lenders.
- Conducting basic cash flow analysis.
Compliance / Health and Safety:
- Collaborating with site teams to ensure risk assessments are completed.
- Implementing compliance-related remedial actions.
- Keeping maintenance reporting up to date.
- Ensuring periodic certification is current.
Lettings Management:
- Directing the lettings team, setting priorities, and managing daily operations.
- Managing relationships with external agents.
- Conducting market research to determine market rental figures.
- Organizing marketing materials for properties periodically.
- Keeping records of lettings-related expenses and managing contracts with third-party lettings service providers.
Parking:
- Managing relationships with third parties that offer parking in the residential portfolio.
- Overseeing the contract with the parking enforcement company.
- Ensuring building teams actively rent car parking to tenants and local businesses.
Utilities:
- Leading meter and utility-related queries.
- Applying for new meters and disconnecting meters no longer needed.
- Managing the utilities recharging process for certain properties in the portfolio.
Qualifications:
- Proven experience in residential asset management.
- Strong budgeting and financial reporting skills.
- Knowledge of compliance and health & safety regulations.
- Excellent leadership and team management abilities.
- Strong communication and relationship management skills.
- Ability to conduct market research and analyze rental markets.
- Experience in managing utilities and parking operations.
Join our team at Criterion PRS and play a vital role in managing our residential assets, ensuring compliance, and driving our lettings and utilities operations.
Asset Manager - Residential employer: Criterion Hospitality
Contact Detail:
Criterion Hospitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - Residential
✨Tip Number 1
Familiarize yourself with the specific residential asset management practices in London. Understanding local market trends and regulations will give you an edge when discussing your experience and insights during the interview.
✨Tip Number 2
Network with professionals in the property management sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the Asset Manager position.
✨Tip Number 3
Prepare to discuss your experience with budgeting and financial reporting in detail. Be ready to share specific examples of how you've successfully managed budgets in previous roles, as this is a key responsibility for the position.
✨Tip Number 4
Showcase your leadership skills by preparing examples of how you've effectively managed teams in the past. Highlight any successful projects where you directed a team towards achieving specific goals, especially in lettings management.
We think you need these skills to ace Asset Manager - Residential
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in residential asset management, budgeting, and compliance. Use specific examples that demonstrate your leadership and team management skills.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Criterion. Mention how your background aligns with their needs, particularly in managing residential portfolios and ensuring compliance.
Showcase Relevant Skills: Emphasize your strong communication and relationship management skills. Provide examples of how you've successfully managed teams or collaborated with external agents in previous roles.
Research Criterion: Familiarize yourself with Criterion's portfolio and values. Understanding their approach to property management will help you tailor your application and show that you're a good fit for their team.
How to prepare for a job interview at Criterion Hospitality
✨Show Your Budgeting Skills
Be prepared to discuss your experience with budgeting and financial reporting. Bring examples of budgets you've prepared or managed in the past, and be ready to explain your approach to financial analysis.
✨Demonstrate Compliance Knowledge
Familiarize yourself with health and safety regulations relevant to residential asset management. Be ready to discuss how you've ensured compliance in previous roles and any specific actions you've taken to address compliance issues.
✨Highlight Leadership Experience
Since the role involves directing a lettings team, share examples of your leadership style and how you've successfully managed teams in the past. Discuss any challenges you've faced and how you overcame them.
✨Research the Market
Conduct thorough market research before the interview. Understand current rental trends and be prepared to discuss how you would approach market analysis for the properties in Criterion's portfolio.