At a Glance
- Tasks: Support asset management strategies and implement initiatives for optimal portfolio performance.
- Company: Join JLL, a leader in real estate shaping a better world.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Other info: Collaborative team of 55 asset managers with exciting projects across the UK.
- Why this job: Make a real impact in the dynamic world of asset management.
- Qualifications: Relevant experience in real estate or related fields is a plus.
The predicted salary is between 37800 - 46200 £ per year.
JLL empowers you to shape a brighter way. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Team Overview: This role is for an Asset Manager working on the business space portfolio, which consists of industrial, office, retail and living assets across the UK. The overall team consists of 55 asset managers who are responsible for approximately 14.8bn of AUM.
Role and Accountabilities: The successful candidate will be supporting a director on a multi sector portfolio. The focus of the role will be in creating and implementing value-add initiatives and risk mitigation strategies for portfolios to deliver optimal asset performance.
- Business Planning: working with the team to devise and recommend the strategy (inc. hold/sell) and specific initiatives for individual assets. This will entail creating an annual business plan and running a projection in Argus Enterprise, Excel or other proprietary systems.
- Asset Management Strategy: formulating and executing asset management strategies and plans for the portfolio. Responsible for the overall positioning of assets as well as the enhancement of cashflow and asset value; whilst maintaining good relationships with occupiers.
- Acquisitions/Disposals: responsible for the sale process including appointment of agents, decision on marketing strategy and management of lawyers and others in the legal process. These processes will also entail preparation of the investment committee recommendation. For acquisitions it will be working alongside the wider team such as the portfolio manager and solicitors in providing assumptions to be used in cashflow projections and ensuring comprehensive due diligence is undertaken.
- Asset Management Initiatives: Implementing initiatives identified in the business plan, including marketing strategies, refurbishment/redevelopment projects, rent reviews, lease re-gears/renewals, consideration of alternative uses and all other opportunities to create and protect value. The individual will also be required to recommend and justify these initiatives for approval.
- Managing External Property Managers: Overseeing property management and ensuring accountability and performance through regular management meetings and quarterly performance reviews with reference to agreed KPI’s.
- Managing External Agents: Working with consultants and external agents to understand the business space markets (trends, values, competition etc.). Monitoring and rewarding good performance and creative advice. Building on and utilising relationships with the consultants and agents to drive portfolio performance.
- Reporting: having responsibility for drafting monthly and quarterly reporting on specific clients.
- Valuation: managing the valuation process for specific clients and providing information to valuers as required.
- Fund Performance: having responsibility for managing the MSCI process for specific clients.
- Environmental and Sustainability: ensure compliance with sustainability policies in asset management initiatives.
Associate- Asset Management in London employer: Jones Lang LaSalle
At JLL, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London office provides a vibrant environment where surveyors can thrive, with flexible and hybrid working options that support a healthy work-life balance. We are committed to employee growth, providing opportunities for professional development in the affordable housing sector, while making a meaningful impact in the community through our work in social housing.
StudySmarter Expert Advice🤫
We think this is how you could land Associate- Asset Management in London
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like Jones Lang LaSalle, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like Jones Lang LaSalle.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like Jones Lang LaSalle.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including Jones Lang LaSalle, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Associate- Asset Management in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like Jones Lang LaSalle want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to Jones Lang LaSalle.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at Jones Lang LaSalle will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to Jones Lang LaSalle. Numbers speak louder than words!
How to prepare for a job interview at Jones Lang LaSalle
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like Jones Lang LaSalle want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withJones Lang LaSalle.
