At a Glance
- Tasks: Manage property development and refurbishment projects while ensuring compliance and risk assessment.
- Company: Dynamic company in North London with a focus on innovative asset management.
- Benefits: Competitive salary up to £50,000, hybrid work, and professional growth opportunities.
- Why this job: Take on a high-impact role that influences portfolio performance and drives real change.
- Qualifications: Experience in property development and strong communication skills are essential.
- Other info: Join a fast-paced team and enjoy excellent career advancement potential.
The predicted salary is between 50000 - 50000 £ per year.
Location: North London Hybrid (At least 2 days a week in the office)
Salary: Up to £50,000 + Benefits
Hours: Monday to Friday 9:30 am to 5.30 pm
About the position of Asset Manager:
This is a high-impact role for someone who thrives on responsibility, has a strong understanding of development/refurb processes, and can confidently manage borrower relationships. You will work closely with underwriting, servicing, credit and senior management, and have a direct influence on portfolio performance and exit strategies.
Responsibilities for the role of Asset Manager:
- Development & Refurbishment Monitoring: Review and approve drawdown requests on active schemes. Monitor progress, cost-to-complete, variations, delays, and QS/monitoring surveyor reports. Escalate issues with structured mitigation plans.
- Pre-Completion Technical Assessment: Evaluate proposed schemes pre-funding, including scope, programmes, cost plans, drawings/specifications, insurance, and warranties. Identify gaps, buildability concerns, and risks to viability or delivery.
- Planning & Regulatory Compliance: Assess planning status, conditions, S106/CIL obligations, and discharge requirements. Liaise with architects, planning consultants, and local authorities. Ensure ongoing compliance throughout the loan lifecycle.
- Distressed & Underperforming Loans: Manage loans showing early signs of distress or scope deviation. Work with borrowers, QS, valuers, contractors, and solicitors to develop recovery strategies. Support enforcement, LPA receiver engagement, cost-to-complete reviews, and disposal strategies to protect GDV, timelines, and lender exposure.
- Portfolio Management & Reporting: Maintain borrower communication and team coordination. Produce concise internal reports for senior management and Directors. Contribute to credit committee packs for high-risk assets. Support underwriting with risk insights and exit planning.
Experience and skills required for the role of Asset Manager:
- Strong experience in property development, construction, development management, or refurbishment oversight.
- Ability to read and challenge programmes, cost plans, schedules of work and technical documentation.
- Working knowledge of planning processes, S106, CIL, building control and construction compliance.
- Robust risk assessment skills with confidence in making commercial judgments.
- Excellent communication skills with a variety of stakeholders.
- A team player who thrives in a fast-paced environment.
Desirable:
- Experience within property lending, development finance, monitoring surveyors or consultancy.
- Exposure to distressed asset management, enforcement or receivership.
- Familiarity with lender-side reporting and managing multiple schemes concurrently.
For more information regarding the role of Asset Manager, please get in touch.
Asset Manager in City of London employer: Stellar Select
Contact Detail:
Stellar Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset Manager in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you chat with folks in asset management, the better your chances of landing that dream job.
✨Show Off Your Skills
When you get the chance to meet potential employers, don’t hold back! Share specific examples of how you've tackled challenges in development and refurbishment. We want to see your problem-solving skills in action!
✨Tailor Your Approach
Every company is different, so make sure you tailor your pitch to fit their vibe. Research their projects and values, and highlight how your experience aligns with what they’re looking for. It shows you’re genuinely interested!
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us can give you an edge, as we love seeing candidates who are proactive and engaged. Let’s get you that Asset Manager role!
We think you need these skills to ace Asset Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Asset Manager role. Highlight your experience in property development and refurbishment oversight, and don’t forget to showcase your ability to manage borrower relationships. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this high-impact role. Mention specific experiences that relate to the responsibilities listed in the job description, and show us your passion for the industry.
Showcase Your Communication Skills: As an Asset Manager, you'll need to communicate effectively with various stakeholders. In your application, give examples of how you've successfully managed communications in past roles. We love seeing strong communication skills in action!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application gets to the right people. Plus, we’re excited to see what you can bring to the table!
How to prepare for a job interview at Stellar Select
✨Know Your Development Inside Out
Make sure you brush up on your knowledge of development and refurbishment processes. Be ready to discuss specific projects you've worked on, including challenges faced and how you overcame them. This will show your understanding and experience in the field.
✨Master the Art of Communication
Since you'll be liaising with various stakeholders, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated with borrowers, contractors, and senior management in past roles. This will demonstrate your excellent communication skills.
✨Prepare for Risk Assessment Questions
Expect questions around risk assessment and commercial judgment. Think of scenarios where you've had to make tough decisions regarding distressed loans or underperforming assets. Being able to explain your thought process will highlight your robust risk assessment skills.
✨Show Your Team Spirit
As a team player, it's important to convey your ability to thrive in a fast-paced environment. Share examples of how you've collaborated with others to achieve common goals, especially in high-pressure situations. This will illustrate your adaptability and teamwork skills.