At a Glance
- Tasks: Lead strategic management of a diverse commercial property portfolio in London.
- Company: Join a global real estate investment management firm with exciting growth opportunities.
- Benefits: Enjoy a competitive salary, discretionary bonus, and a dynamic work environment.
- Why this job: Perfect for those seeking a hands-on role with impactful responsibilities in asset management.
- Qualifications: 6+ years in property management; commercial experience essential; MRICS desirable.
- Other info: Office-based role, 5 days a week, ideal for proactive individuals ready for a challenge.
The predicted salary is between 75000 - 85000 £ per year.
Cobalt are pleased to be supporting a Global Real Estate Investment Management firm with their search for an Asset Manager at Senior Associate Director level. Due to the size of their existing portfolio and pending acquisitions, they are looking to hire a hands-on Asset Manager to join their Asset Management team in London.
You will be responsible for leading the strategic management of a diverse Commercial property portfolio of Office assets, located in Central London and throughout the UK. Once established, this role will also provide the opportunity to be involved with their Residential portfolio. This role is ideal for an existing Asset Manager that is seeking a new challenge on the client side.
Key Job Responsibilities:- Prepare and manage annual budgets and reports which cover the financial and operational performance of the assets, leasing status and rental collection.
- Develop asset plans for each asset including recommending asset enhancement initiatives and redevelopment plans where appropriate.
- Support with refurbishments, lease regears and rent reviews.
- Take a hands-on approach to the portfolio which includes interacting and negotiating with tenants and visiting sites.
- Work closely with the Property Manager to ensure that the asset is properly maintained, managed and compliant with regulations.
- Lead leasing meetings on smaller scale projects.
- Assist the Investment and Acquisitions teams with any information or assistance they require as and when necessary.
- MRICS is desirable but not essential.
- At least 6 years of experience in Property Management or lease management with good knowledge of the UK market.
- Commercial property experience is essential with familiarity of the Residential market.
- Proficient in Microsoft Excel. Candidate must demonstrate basic analytical capabilities.
Salary between £75,000 - £85,000 DOE + discretionary bonus. Role is 5 days a week in the office. If you are interested in hearing more about this position, then please apply directly with a copy of your updated CV in Word format.
Asset Manager - Senior Associate Director employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager - Senior Associate Director
✨Tip Number 1
Network with professionals in the real estate investment sector. Attend industry events, webinars, or local meetups to connect with people who work in asset management. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Familiarise yourself with the latest trends in commercial property management, especially in the UK market. Being knowledgeable about current market conditions and challenges will allow you to speak confidently during interviews.
✨Tip Number 3
Prepare to discuss your hands-on experience with asset management. Be ready to share specific examples of how you've successfully managed portfolios, handled tenant negotiations, or implemented asset enhancement initiatives.
✨Tip Number 4
Research Cobalt Recruitment and the Global Real Estate Investment Management firm they represent. Understanding their values, recent projects, and company culture can help you tailor your approach and demonstrate your genuine interest in the role.
We think you need these skills to ace Asset Manager - Senior Associate Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in property management and asset management. Emphasise your familiarity with the UK market and any specific achievements that demonstrate your capabilities in managing commercial properties.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your background aligns with the role, particularly your experience in preparing budgets, managing portfolios, and working with tenants.
Highlight Key Skills: In your application, clearly outline your proficiency in Microsoft Excel and any analytical skills you possess. Mention your experience with refurbishments, lease regears, and rent reviews to showcase your hands-on approach.
Follow Application Instructions: Ensure you submit your application in the specified format (Word document) and include all required documents. Double-check for any additional information requested in the job posting before hitting send.
How to prepare for a job interview at JR United Kingdom
✨Know Your Portfolio
Familiarise yourself with the company's existing portfolio and any recent acquisitions. Be prepared to discuss how your experience aligns with managing similar assets, particularly in the commercial property sector.
✨Demonstrate Financial Acumen
Since the role involves preparing and managing budgets, brush up on your financial management skills. Be ready to discuss how you've successfully managed budgets in the past and any strategies you've implemented to enhance asset performance.
✨Showcase Your Negotiation Skills
As the position requires interaction and negotiation with tenants, prepare examples of successful negotiations you've conducted. Highlight your approach to resolving conflicts and achieving favourable outcomes.
✨Engage with the Team
This role involves working closely with various teams, including Property Management and Investment. Be prepared to discuss how you collaborate with others and share examples of how teamwork has led to successful project outcomes in your previous roles.