Associate - Property Management in London

Associate - Property Management in London

London Full-Time 45000 - 55000 £ / year (est.) No working from home possible
Jones Lang Lasalle

At a Glance

  • Tasks: Manage property finances, oversee supplier performance, and ensure high standards across portfolio sites.
  • Company: Join JLL, a leader in real estate and investment management, shaping a better world.
  • Benefits: Competitive salary, career growth opportunities, and a supportive work environment.
  • Other info: Embrace diversity and inclusion while contributing to innovative projects.
  • Why this job: Be part of a dynamic team making a real impact in the property management sector.
  • Qualifications: Experience in property management and strong financial acumen required.

The predicted salary is between 45000 - 55000 £ 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.

Key Responsibilities

  • Financial Management including service charge: Ensure accuracy of all financial data and reporting, including occupier charges. Manage financial accountability including liaison with clients and tenants to manage cashflow (charge raising, managing service charge recoverable and non-recoverable expenditure, supplier payments etc.). Oversee and support credit control process. Process invoices, meeting KPIs on Accounts Payable actions. Demonstrate strong cost management and financial acumen i.e. reviewing service charge cash flow and budget regularly to ensure all supplier payments are made in time. Prepare and reconcile budgets in accordance with RICS guidelines.
  • ESG: Lead on ESG initiatives and implementation. Align client's ESG strategy with JLL's roles and responsibilities under the PMA.
  • Data and Systems Management: Maintain all data held on internal systems to ensure accuracy within JLL and client KPI’s. Maintain accuracy of all occupier data, including managing and reporting on key lease event data. Proficiency in MS Office and JLL property management systems.
  • Supplier and Facility Management: Manage performance of third-party suppliers alongside FM colleagues and/or third-party FM providers.
  • Inspections: Ensure all portfolio sites maintain high standards of presentation using the JLL Vision inspection tool to report, manage and resolve any issues efficiently. Ensure that all properties are present to a high standard using the JLL site presentation tool as a means to record and manage and issues.
  • Transactions: Handle transitions in/out at client and property level. Supporting with property management due diligence in relation to any purchases. Ensuring properties are ready for sale and support with disposal.
  • Client reporting: Manage client reporting timelines and issue reports as per the PMA. Attend and take notes at client meetings, including preparing reports and taking minutes. Understand and adhere to the client PMA, their asset strategies and KPIs.
  • Lease and Legal Management: Manage lease and license process, including drafting recommendations and instructing solicitors. Support wider transactional activity, including sales and lettings (i.e. CPSE's). Ensuring tenant compliance with lease covenants, recommending remedies to breaches and managing any issues through to conclusion.
  • Occupier engagement: Proactively engage with occupiers in order to maintain high levels of customer satisfaction. Gather intelligence on tenant business activity to feed into client business plans.
  • Specialisation: Recognition as a Subject Matter Expert.
  • Headleases: Provide general advice and recommendations in respect of landlord’s obligations under headleases. Manage Properties in a manner consistent with any relevant headlease covenants.
  • Health & Safety: Understand Health & Safety compliance and implement necessary measures.
  • Insurance: Supports insurance renewal process by ensuring accuracy of renewal data. Able to lead and manage complex insurance claims. Manage and implement insurance risk mitigation measures.
  • Void property management & monitoring: Monitor vacant property and undertake necessary management actions including those specified by the Client’s insurer.
  • Business development: Play an active role in winning new business and expanding existing client relationships.

Additional Responsibilities

  • Contribute towards BAU/JLL projects and working groups.
  • Assist in preparing and delivering property management reports as required.
  • Awareness of wider JLL service lines and demonstrates a proactive in approach identifying and facilitating cross selling opportunities.
  • Contribute towards team budgets for cross-selling, asset management fees and surveying fees.
  • Liaise with third party specialists in relation to management issues as required.
  • Investigating and remedying defects or errors in property management matters originating prior to the Commencement Date including but not limited to accounting matters (including reconciliations), tenant disputes (including in relation to arrears) and matters relating to other third parties including freeholders, neighbours and statutory bodies.

Candidate profile

  • Professional Background: Proven track record in property management, with broad sector experience and preferably at least 5 years PQE. Maintains knowledge of commercial property legislation and industry best practices.
  • Strategic Capabilities: Demonstrates strategic thinking and the ability to craft innovative solutions for complex challenges.
  • Commercial Acumen: Skilled at building and maintaining client relationships. Proactive in identifying and pursuing new business opportunities.
  • Results-Driven Approach: Sets and achieves ambitious targets consistently. Balances efficiency with effectiveness in driving continuous improvement.
  • Leadership and Collaboration: Self-motivated professional who thrives on challenges. Adept at fostering teamwork and building trust across diverse groups. Demonstrates leadership through example and initiative. Recognised as a key figure on client instructions i.e. being an escalation point and/or support for junior team members.
  • Interpersonal Effectiveness: Combines diplomacy with assertiveness to influence stakeholders. Possesses strong negotiation skills and communicates persuasively.
  • Personal Qualities: Projects confidence and maintains a positive outlook. Makes sound decisions that instill confidence in others. Upholds high ethical standards and demonstrates unwavering integrity. Exhibits intellectual curiosity and a willingness to innovate.
  • Technical Proficiency: Advanced IT skills, particularly in property management systems. Sharp analytical and problem-solving abilities. Excels in financial planning, budgeting, and operational reporting.
  • Behavioural Skills: Strong leadership skills, a deep understanding of property and asset management, and a commitment to driving innovation and inclusive practices within both PAM and the wider JLL organisation.
  • People and Work Management: Adhere to JLL Working Practices guidelines, ensuring all correspondence and communication is executed to a high professional standard, with tasks completed in a timely manner. Provide line management for direct and matrix reports, ensuring compliance with JLL and client KPIs. Mentor and train team members to maximise individual skills and abilities.
  • Value Creation: Implement added value initiatives for JLL operations and property management work. Demonstrate comprehensive knowledge of JLL services and market trends. Share expertise with clients and colleagues.
  • Team Collaboration: Maintain a strong presence within the regional and wider Property & Asset Management (PAM) team. Contribute positively to office culture.
  • Process Improvement: Participate in project-based initiatives to enhance PAM processes. Engage in cross-functional projects within the regional office, including social activities, business development, and continuing professional development (CPD).
  • Diversity, Equity, and Inclusion (DEI): Promote and encourage DEI within PAM and JLL. Actively participate in company DEI initiatives, including training, supporting Business Resource groups, and fostering open conversations.

Location: On-site – London, GBR

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!

Associate - Property Management in London employer: Jones Lang Lasalle

At JLL, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored career development opportunities and the chance to work alongside industry experts in the heart of Birmingham and London. Join us to be part of a forward-thinking team that values your contributions and empowers you to make a meaningful impact in the real estate sector.

Jones Lang Lasalle

Contact Details:

Jones Lang Lasalle Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate - Property Management in London

Get Involved in Local Property Events

Dive into local property expos and networking events! Real estate thrives on connections, so attending these events helps us meet potential employers and industry leaders, plus it's a chance to show off your enthusiasm for the field.

Connect with Local Agents on Social Media

Follow and engage with local real estate agents and firms on platforms like Instagram and LinkedIn. Sharing their posts and commenting with your insights can put you on their radar and might even lead to job opportunities at companies like Jones Lang Lasalle.

Don’t Underestimate the Power of Cold Outreach

Got your eye on a specific company like Jones Lang Lasalle? Don't hesitate to send a direct message or an email expressing your interest. Personalise your approach, maybe mentioning a recent listing or project of theirs, and it could set you apart from other candidates.

Utilise Property Management Platforms

Check out property management platforms and job boards tailored for the real estate sector. They often have exclusive listings, especially for full-time roles. Don't forget to visit Jones Lang Lasalle's careers page directly; we love seeing passionate candidates applying through our website!

We think you need these skills to ace Associate - Property Management in London

Financial Management
Service Charge Management
Client Liaison
Budget Preparation and Reconciliation
ESG Initiatives Implementation
Data Management
MS Office Proficiency

Some tips for your application 🫡

Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!

Quantify Your Achievements:In real estate, numbers speak volumes! When detailing your past roles, use concrete figures to demonstrate your achievements. For example, mention how many properties you sold, the percentage increase in client satisfaction, or any successful negotiations. These metrics can give your application that extra punch it needs!

Tailor Your Documents for the Job:Every application should feel personal. When applying for the Associate - Property Management role at Jones Lang Lasalle, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!

Keep It Professional Yet Approachable:While we want you to show off your expertise, don't forget to let your personality shine through in your cover letter. A touch of friendliness can set you apart, especially in real estate where client interaction is key. Show that you're ready not just to work with the property but also with people!

How to prepare for a job interview at Jones Lang Lasalle

Know Your Market Trends

In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where Jones Lang Lasalle operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.

Prepare for Scenario Questions

Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.

Showcase Your Connections

In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to Jones Lang Lasalle. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.

Demonstrate Technical Savvy

Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at Jones Lang Lasalle.