Asset Manager

CWG; Greater London; Hybrid; GBP 54,000 - 66,000; Full time

Job summary

Canary Wharf Limited is seeking an Asset Manager to coordinate office asset management across CWG holdings. You will work with partners to execute asset business plans aimed at maximizing NOI, cash flow and value, while engaging investors and end users.

Salary is circa £60,000 and the role requires hybrid work with 4 days in the office and one day from home. You will collaborate with investment teams, manage budgets, support valuations, and drive ESG and sustainability initiatives across the

Qualifications

• MRICS with at least 2-3 years PQE.
• Strong asset management experience with portfolio knowledge.
• Ability to analyse business/financial data and develop solutions.
• Ability to manage multiple stakeholders effectively.
• Excellent written and verbal communication and reporting skills.
• Entrepreneurial attitude with a focus on client and stakeholder satisfaction.

Responsibilities

• Collaborate with stakeholders to deliver on CWG's strategic objecties for holdings.
• Optimise asset performance and prepare annual budgets and multi-year plans.
• Work with teams to implement a clearly communicated operational vision.
• Maintain up-to-date market knowledge and share insights with stakeholders.
• Support investment team on asset performance, underwriting, leasing and disposals.
• Assist with acquisitions/disposals and align asset budgets with stakeholders.
• Support quarterly valuations and lender valuations with accurate inputs.
• Maximise performance, tenant mix, covenants and lease terms; control costs.
• Contribute to ESG, community initiatives and the environmental strategy.
• Oversee capital expenditure plans to enhance asset value and growth.

Skills

Asset management

Stakeholder management

Financial analysis

Reporting

Education

MRICS with 2-3 years PQE

Tools

Yardi

Argus

Job description

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 comprehensive ESG Strategy. It is imperative that all staff members understand and adopt this strategy into their respective roles. This includes adhering to environmental regulations, minimising waste, supporting nature within our urban environment, and facilitating positive change for those in need within our community and utilising our volunteering.

Quality Management Responsibilities

In line with the latest ISO 9001 requirements and our dedication to quality management, all staff are mandated to comply with system requirements as detailed within the Company Quality Manual & Policies. Additionally, it's vital to ensure the effective implementation of all Procedures, Plans, and Forms within our Electronic Document Management Systems (EDMS) to meet the ISO 9001: Quality Management Standard.

Company Values

Commit to Excellence

• Act with integrity and deliver high performance
• Put our customers at the heart of what we do
• Resolve issues by providing high quality solutions

Foster Collaboration

• Find opportunities to collaborate with others across the business to achieve shared goals
• Encourage inclusive networks and treat others with respect and fairness
• Use knowledge to work effectively with suppliers / contractors to meet shared goals

Encourage Engagement

• Confident in making decisions appropriate to the role
• Learn from mistakes and listen to constructive feedback to improve performance
• Prioritise safety and actively support community, wellbeing and sustainability programmes

Take Ownership

• Take pride in delivering high quality service which exceeds expectations
• Committed to opportunities for self-development
• Take responsibility for my own performance and look for ways to improve

Embrace Innovation

• Embrace change and innovation
• Proactively suggest ways to improve our business and encourage others to share ideas
• See new challenges as opportunities to deliver effective change

What We Offer

Diversity and Inclusion

We recognise the importance of embracing diverse experience, skills and perspectives at all levels and operating in an inclusive working environment, in order for everyone to reach their full potential. We also recognise that it makes business sense, since being an inclusive employer leads to better business performance and higher levels of employee engagement and satisfaction. We welcome applicants with diverse backgrounds, perspectives and skills and are committed to fostering a culture whereby everyone can reach their full potential.

Flexible Working

As an inclusive employer, we recognise the positive impact flexible working can have on an individual, their wellbeing, engagement and productivity. Therefore, we are open to consider flexible working arrangements, both temporary or permanent.

Learning and Development

At Canary Wharf Group, our employees receive a wide range of support to help improve their skills and achieve their career goals. We offer development opportunities through classroom and e-learning training, mentoring, cross department experience and on the job learning. We heavily invest in our staff attaining accreditations to develop existing and new skills, support chartered status, sponsorships and provide further educational opportunities which are job and business related. We never stand still and continually invest in developing skills and knowledge to ensure individual and company growth.

Other Benefits

We are committed to building a safe, happy and healthy community for our employees and we offer a comprehensive range of benefits, all designed with our employees and their wellbeing in mind. From generous pension and insurance plans, to health benefits, subsidised gym membership, store discounts and family leave, our benefits package allows our employees to choose the benefits that suit them and their individual needs.