At a Glance
- Tasks: Manage commercial properties, negotiate leases, and oversee financial operations.
- Company: Dynamic international player in the commercial real estate sector.
- Benefits: Competitive salary, annual bonuses, and strong benefits package.
- Other info: Opportunities for professional development and career advancement.
- Why this job: Join a supportive team and make an impact in commercial real estate.
- Qualifications: 5+ years in commercial asset management with strong negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
About the Client
Our Client is an exciting player in the commercial real estate sector, they're an International Buyside PropCo with over £1 Billion in Assets across Retail, Residential & Industrial properties.
Position Overview
They're seeking a proactive and detail-oriented Commercial Asset Manager to join their dynamic team. The ideal candidate will possess a strong background in commercial property management, with a focus on lease negotiation, compliance, and financial oversight. If you have a passion for commercial real estate and a track record of successful asset management, then this could be the role for you.
Key Responsibilities
- Lease Management: Monitor and negotiate tenant lease events, including rent reviews, break clauses, and expiries. Interpret and manage lease terms effectively.
- Vacant Property Management: Instruct and oversee letting agents on vacant commercial properties to minimize downtime.
- Financial Oversight: Review and negotiate Heads of Terms with prospective tenants and ensure accuracy of property data related to leases, service charges, and insurance.
- Insurance Management: Oversee annual insurance renewal, ensuring best value and managing billing of recoverable insurance premiums.
- Compliance & Audits: Ensure compliance with statutory audits, including health & safety and fire risk assessments, and manage all applications for tenant consent.
- Budget Preparation: Prepare and approve service charge budgets, demands, and apportionments, and liaise with the accounts department for reconciliations.
- Project Management: Communicate with tenants regarding ongoing projects and oversee repair quotes to ensure financial forecasts are accurate.
Requirements
- Minimum 5 years of comparable experience in commercial asset management.
- Comprehensive knowledge of relevant legislation and best practices.
- Strong commercial and financial acumen, with excellent attention to detail.
- Exceptional organizational skills, able to prioritize and manage time efficiently.
- Excellent communication, writing, influencing, and negotiation skills.
- Ability to work autonomously and exercise sound judgment in decision-making.
- Familiarity with Qube property management software is preferred.
What We Offer
- Competitive salary, annual bonus scheme and strong benefits package.
- Opportunities for professional development and career advancement.
- A collaborative and supportive work environment.
Commercial Asset Manager - Client Side in City of Westminster employer: Joshua Robert
Our Client is a leading player in the commercial real estate sector, offering a vibrant work culture that fosters collaboration and innovation. With a competitive salary, annual bonus scheme, and strong benefits package, employees are encouraged to grow professionally while managing a diverse portfolio of over £1 Billion in assets. This role not only provides the opportunity to excel in commercial asset management but also to be part of a dynamic team dedicated to excellence in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Asset Manager - Client Side in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to your contacts in the commercial real estate sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a job opening or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its assets. Understand their portfolio and be ready to discuss how your experience aligns with their needs. This shows you're genuinely interested and can hit the ground running.
✨Tip Number 3
Practice your negotiation skills! As a Commercial Asset Manager, you'll need to demonstrate your ability to negotiate lease terms effectively. Role-play with a friend or mentor to build confidence before those crucial discussions.
✨Tip Number 4
Don't forget to apply through our website! We make it easy for you to showcase your skills and experience directly to us. Plus, it helps us keep track of your application and gives you a better chance of standing out.
We think you need these skills to ace Commercial Asset Manager - Client Side in City of Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Commercial Asset Manager role. Highlight your experience in lease negotiation and financial oversight, as these are key aspects of the job. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for commercial real estate and detail your relevant experience. We love seeing candidates who can communicate their enthusiasm and fit for the role.
Showcase Your Achievements:When detailing your experience, focus on specific achievements rather than just duties. Did you successfully negotiate a lease that saved your previous employer money? Let us know! We appreciate candidates who can demonstrate their impact.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Joshua Robert
✨Know Your Numbers
Brush up on your financial acumen before the interview. Be ready to discuss how you've managed budgets, negotiated lease terms, and overseen financial oversight in your previous roles. Having specific examples at hand will show that you understand the financial intricacies of commercial asset management.
✨Master Lease Management
Since lease management is a key responsibility, make sure you can talk confidently about your experience with tenant lease events. Prepare to discuss how you've handled rent reviews, break clauses, and expiries in the past. This will demonstrate your expertise and proactive approach to managing leases.
✨Showcase Your Compliance Knowledge
Familiarise yourself with relevant legislation and compliance requirements in commercial real estate. Be prepared to discuss how you've ensured compliance with audits and health & safety regulations in your previous positions. This will highlight your attention to detail and commitment to best practices.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, especially when discussing project management and tenant interactions. Consider preparing a few scenarios where your communication skills made a difference in your previous roles.
