Department: Office Leasing ______________
Company: Canary Wharf Limited ______________
Reporting to: Associate Director - Office Asset Management ______________
Job Summary
Reporting to the Associate Director - Office Asset Management coordinating asset management activities of real estate assets from acquisition to disposal. Responsible for executing asset business plans with business partners across CWG to mitigate risk and maximise returns in line with requirements, to maximise performance, net operating profit, asset growth and value whilst enhancing investors, end¬ user, third party stakeholders and community satisfaction.
Salary: circa £60,000
This role is minimum 4 days a week in the office, with up to 1 day per week from home.
Main Responsibilities
- To collaborate closely with stakeholders across the business to deliver on the strategic objectives for the holdings of CWG, its shareholders and external Investors.
- To optimise asset performance and, to ensure that accurate annual budgets for assets are created and approved in addition to rolling strategic plans (multiple years).
- To collaborate closely with the relevant stakeholders to implement a clearly communicated operational vision.
- To maintain up to date office sector knowledge, market intelligence, best practices and innovation, ensure this is shared with colleagues and key internal stakeholders.
- Working together with the investment team and in relation to the investment performance of existing assets to include, underwriting of deliverable asset business plans and supporting in the leasing and any disposal process.
- To support the investment team and on the acquisition or disposal of any assets by CWG or its shareholders.
- Assist with the preparation of annual asset budgets and align and agree such plans with stakeholders to ensure efficient execution to deliver an asset's agreed performance including NOI and cash-flow distribution.
- Support the internal and external quarterly valuations and lender valuations through provision of information and verifying inputs through Argus
- Assist with maximising performance, tenant mix and covenants, and lease terms while optimising asset costs.
- Working closely with colleagues across the business specifically in the areas of Sustainability, Operations, Communities, Customer Experience, Marketing and other stakeholders to identify, agree and deliver specific targets to deliver our environmental strategy and to benefit the communities we serve .
- Support the execution of the annual capital expenditure plans required to enhance asset value and drive growth.
- Ensure that appropriate finance is allocated to deliver asset business plan and to maximise end-user and stakeholder's satisfaction. Particularly ensure that property management , leasing management, client relationship management, community management and accounting are maintained to the highest possible standards.
- Focusing on data, to ensure that information is provided to the relevant systems in place in a timely, clear accurate and concise manner as per the in-scope planning. When required, communicate asset plans and outcome to the program team(s) and investors.
- To contribute, together with the operations team, to the improvement of the tools required to execute the underwriting under maximum efficiency and cost optimisation.
- To support and mentor more junior members of the business in preparing for RICS APC Assessment
Person Specification
- Relevant office asset management experience is desirable with good knowledge of financial asset and portfolio terms and principles.
- MRICS with at least 2-3 years PQE
- Ability to analyse business/financial data and develop innovative solutions.
- The ability to manage a variety of stakeholders at any one time.
- Strong inter-personal skills, with the ability to communicate at all levels.
- Ability to draft reports using clear and distinctive style.
- Must have an entrepreneurial attitude and a modern perspective to maximise customer satisfaction.
- Ability to negotiate agreements with third parties.
- Must be a team player with a willingness to help others.
- Flexible, organised and calm approach to work is essential, with the ability to work under pressure.
- Understanding and good working knowledge of IT systems e.g., Yardi, Argus.
Health Safety and Welfare Responsibilities
All staff are required to fulfil their legal duty to take reasonable care for the health and safety of themselves and others who may be affected by their acts and omissions, and to follow all guidance and instructions given in this respect. Further details regarding Health & Safety responsibilities are set out in the Health & Safety Policy in the Administrative Rules and Procedures, and the Health, Safety & Welfare Manual.
Environmental, Social & Governance (ESG) Responsibilities
Recognising the centrality of ESG principles within our organisation, we have developed a compreh