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For Companies 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: Enjoy a full-time role with opportunities for growth and development.
- Why this job: Join a proactive team and make a real impact in residential asset management.
- Qualifications: Experience in residential asset management and strong leadership skills are essential.
- Other info: This is a mid-senior level position with a focus on compliance and operations.
The predicted salary is between 42000 - 84000 £ 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.
Residential Asset Manager employer: Criterion Hospitality
Contact Detail:
Criterion Hospitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Residential Asset Manager
✨Tip Number 1
Make sure to familiarize yourself with the latest trends in residential asset management. Understanding current market conditions and compliance regulations will give you an edge during discussions with the hiring team.
✨Tip Number 2
Network with professionals in the property management sector, especially those who have experience in residential asset management. Engaging with them can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed budgets and led teams in previous roles. Highlighting your leadership skills and financial acumen will resonate well with the hiring managers.
✨Tip Number 4
Research Criterion Hospitality and their portfolio thoroughly. Understanding their values and operations will help you tailor your conversations and demonstrate your genuine interest in the role.
We think you need these skills to ace Residential Asset Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Residential Asset Manager position. Make sure you understand the key responsibilities and qualifications required, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your proven experience in residential asset management. Provide specific examples of your budgeting, financial reporting, and compliance work that align with the responsibilities outlined in the job description.
Showcase Leadership Skills: Since the role requires strong leadership and team management abilities, include examples of how you've successfully led teams or projects in the past. This could be through managing lettings teams or overseeing operations.
Tailor Your Cover Letter: Craft a personalized cover letter that addresses the specific needs of Criterion Hospitality. Mention your understanding of the residential market and your ability to conduct market research, as well as your approach to managing relationships with external agents.
How to prepare for a job interview at Criterion Hospitality
✨Showcase Your Experience
Be prepared to discuss your previous experience in residential asset management. Highlight specific projects where you successfully managed budgets, compliance, and lettings operations.
✨Demonstrate Financial Acumen
Since budgeting and financial reporting are key responsibilities, be ready to explain your approach to cash flow analysis and how you've supported senior teams in appraising development opportunities.
✨Emphasize Leadership Skills
As a Residential Asset Manager, you'll need strong leadership abilities. Share examples of how you've directed teams, set priorities, and managed daily operations effectively.
✨Prepare for Compliance Questions
Expect questions about compliance and health & safety regulations. Be ready to discuss how you've collaborated with site teams to ensure risk assessments are completed and remedial actions are implemented.
