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- Tasks: Maximise asset value through strategic planning and performance analysis.
- Company: Join a dynamic team focused on optimising commercial assets.
- Benefits: Enjoy competitive pay, flexible work options, and professional development opportunities.
- Why this job: Be part of a role that impacts financial success and tenant satisfaction.
- Qualifications: 5 years in asset management or related fields; strong analytical and negotiation skills required.
- Other info: Ideal for those passionate about property markets and financial strategies.
The predicted salary is between 43200 - 72000 £ per year.
Position Overview:
The Commercial Asset Manager is responsible for maximizing the value and performance of a portfolio of commercial assets. This includes developing and executing strategic plans, optimizing lease and contract structures, managing key stakeholder relationships, and ensuring the assets achieve financial and operational objectives.
Key Responsibilities:
- Asset Strategy & Performance
- Develop and implement asset business plans to maximize income, capital growth, and efficiency.
- Analyze asset performance and recommend improvements.
- Conduct regular asset valuations, risk assessments, and return-on-investment analyses.
- Commercial & Financial Management
- Lead on budgeting, forecasting, and financial reporting for assigned assets.
- Identify and pursue value-add opportunities including lease renegotiations, capital improvements, and operational enhancements.
- Oversee service charge and operational expenditure to ensure cost efficiency.
- Stakeholder & Tenant Management
- Act as primary liaison for tenants, partners, joint venture stakeholders, and service providers.
- Negotiate lease terms, renewals, and commercial agreements.
- Maintain high levels of tenant satisfaction and retention.
- Reporting & Compliance
- Produce regular reports for internal and external stakeholders on asset performance.
- Ensure compliance with relevant legislation, internal policies, and lease obligations.
- Support audits and due diligence processes as required.
- Transaction Support
- Contribute to acquisitions, disposals, and refinancing strategies.
- Assist in financial modeling and due diligence for new investments.
Required Qualifications & Experience:
- 5+ years’ experience in asset management, investment, leasing, or commercial property management.
- Strong understanding of property markets, lease structures, and financial modeling.
- Proficiency in Excel and property management software
- Strong analytical, negotiation, and communication skills.
Commercial Asset Manager employer: MCR Property Group
Contact Detail:
MCR Property Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Asset Manager
✨Tip Number 1
Network with professionals in the commercial property sector. Attend industry events, webinars, or local meetups to connect with potential colleagues and mentors who can provide insights into the role of a Commercial Asset Manager.
✨Tip Number 2
Familiarise yourself with the latest trends in asset management and property markets. Subscribe to relevant publications or follow industry leaders on social media to stay updated on best practices and emerging opportunities.
✨Tip Number 3
Prepare to discuss your analytical skills and experience with financial modelling during interviews. Be ready to share specific examples of how you've maximised asset performance or improved financial outcomes in previous roles.
✨Tip Number 4
Demonstrate your negotiation skills by preparing case studies or scenarios where you successfully managed stakeholder relationships or renegotiated lease terms. This will showcase your ability to handle the responsibilities of a Commercial Asset Manager effectively.
We think you need these skills to ace Commercial Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset management, investment, and commercial property management. Use specific examples that demonstrate your understanding of property markets and financial modelling.
Craft a Compelling Cover Letter: Write a cover letter that outlines your passion for the role of Commercial Asset Manager. Discuss how your skills in budgeting, forecasting, and stakeholder management align with the responsibilities outlined in the job description.
Showcase Analytical Skills: In your application, provide examples of how you've successfully conducted asset valuations, risk assessments, or return-on-investment analyses in previous roles. This will demonstrate your analytical capabilities.
Highlight Communication Skills: Since the role involves liaising with tenants and stakeholders, emphasise your strong communication and negotiation skills. Include instances where you successfully managed relationships or negotiated lease terms.
How to prepare for a job interview at MCR Property Group
✨Know Your Assets
Familiarise yourself with the specific commercial assets the company manages. Be prepared to discuss how you would maximise their value and performance, drawing on your past experiences and successes.
✨Demonstrate Financial Acumen
Since the role involves budgeting and financial reporting, brush up on your financial modelling skills. Be ready to explain how you've successfully managed budgets or improved financial performance in previous roles.
✨Showcase Stakeholder Management Skills
Prepare examples of how you've effectively managed relationships with tenants and stakeholders. Highlight your negotiation skills and any successful lease renegotiations or tenant retention strategies you've implemented.
✨Be Ready for Technical Questions
Expect questions about asset valuations, risk assessments, and compliance. Review relevant legislation and internal policies that may apply to the role, and be prepared to discuss how you ensure compliance in your work.
