Assistant Asset Manager

Transport for London; London; On-site; GBP 30,000 - 40,000; Full time

Job summary

Transport for London is seeking an Assistant Asset Manager to support their ambitious asset strategy. You will play a pivotal role in addressing significant challenges within London's transport assets, ensuring strategic direction and effective investment planning are achieved while working with various stakeholders.

Benefits

Final salary pension scheme

Free travel on the TfL network

75% reimbursement for National Rail travel

30 days annual leave plus public holidays

Hybrid working options

Private healthcare discounted scheme

Tax-efficient cycle-to-work programme

Discounted Eurostar travel

Qualifications

• Experience in physical asset management on mechanical and electrical assets.
• Ability to apply asset management techniques in a transport environment or similar.
• Competence in preparing reports for senior management.

Responsibilities

• Assist in setting strategic direction and investment needs for assets.
• Support maintenance of prioritized forward programmes for asset delivery.
• Conduct data analysis to inform capital investment planning.

Skills

Asset Management policy

Data Analysis

Investment Decision Making

Stakeholder Engagement

Numerate

Education

Relevant degree in Asset Management or similar field

Tools

MS Office

PowerBI

GIS

Job description

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Welcome to Transport for London Careers

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Key Information

Job title: Assistant Asset Manager

Salary: Up to £40k with excellent benefits

Contract type: Permanent

Reference: 1124

Location: Southwark

Application closing date: Tuesday 15th July 2025

Overview

Do you like your work to develop and stretch you? Do you want to work across Transport for London’s (TfL) vast and complex asset base to address some of London's biggest challenges? If so, we have a vacancy in our TfL Asset Strategy team that could be for you!

We are currently recruiting for an Asset Strategy Planner to provide clarity of thought and direction on Transport for London’s (TfL) most important asset challenges. We ensure the circa £1bn of investment we put into our assets every year is being done in a planned, conscious, and informed way. We operate flexibly, through a highly capable and supportive team that can actively approach challenges well and are known for producing high quality outputs.

Your role is to support work on important issues faced by the business, primarily; assisting in setting the strategic direction and investment needs of our assets, justifying and securing funding, initiating projects, improving asset management capability, analysing information to produce options and choices, getting stakeholders on board, helping the business make decisions and ensuring the impacts are understood.

The work in our team is varied, exciting and high profile; your work could include updating an asset strategy, translating strategies into short- and long-term plans, looking at whole life costing, modelling scenarios for investment planning or working with a range of stakeholders across the business to determine our future vision for assets.

You’ll help lead the translation of cross-asset and network level asset information, into a balanced Pan-TfL investment portfolio which meets the future strategic needs of TfL’s assets and effectively supports the organisations goals.

You will assist in develop policies, strategies, plans and prioritised programmes for one or more assets to deliver business outcomes and will work with key stakeholders in the directorate, Surface, TfL and externally to understand and incorporate key priorities and drivers.

Key Accountabilities

• Contributes towards the production of asset policies, strategies, plans and prioritised programmes for one or more asset types within the Surface Transport environment, through research and data collection and analysis
• Understand political constraints, customer insights, Greater London Authority (GLA) priorities, internal delivery commitments, private developer initiatives to inform the strategies and plans for selected asset types
• Interpret customer intelligence so that it can be translated into suitable measures for inclusion within the asset specific strategies
• Carries out data analysis to inform long term capital and operational investment modelling
• Supports the maintenance of a prioritised forward programme of works for one or more assets that deliver the strategy and best value
• Analyses Borough Principal Roads and Bridges data to inform long term capital investment plans and Local Implementation Plans (LIPs) investment
• Works with relevant stakeholders to inform asset data requirements to support the development of asset strategies, investment plans for selected asset types
• Promotes a culture that builds strong and sustainable customer relationships and promotes a culture that places the customer at the heart of everything that TfL delivers
  
  

Skills

Skills, Knowledge & Experience

• Apply whole life cost principles and appraise investment option - Supervised Practitioner
• Developing Asset Management policy and strategy - Supervised Practitioner
• Developing Asset Strategy - Supervised Practitioner
• Maintenance and Operations investment decision making (operational management) - Supervised Practitioner
• Capital investment decision making and value management- Supervised Practitioner
• Develop and monitor the delivery of Asset Management plans - Supervised Practitioner
• Asset information requirements and analysis - Supervised Practitioner
• Performance and reliability improvement - Supervised Practitioner
• Understanding the Customers needs - Supervised Practitioner
• Numerate and computer literate with strong MS Office skills, including MS Word, Excel, SharePoint and PowerBI – Practitioner
• Familiar with GIS for presenting and analysing geographical data - Supervised Practitioner
  
  

Knowledge

• Good understanding of the principles of asset management, PAS 55 and ISO 55000
• Understanding of transport issues affecting London’s road network and of the management and operation of a road network to deliver objectives
• An awareness of investment planning and value management techniques
• Understanding of the Mayor's Transport Strategy
• An awareness of financial management standards and practices in the public sector
• An understanding of asset investment best practice, including whole life costing/value, management of value, asset deterioration modelling and Capital Expenditure (CapEx) / Operational Expenditure (OpEx) trade-off.
  
  

Experience

• Experience working in the field of physical asset management on mechanical and electrical assets or structures or bus station or buildings
• Experience of applying asset management techniques within a transport/ construction / operational environment
• Experience of preparing and presenting reports to peers and senior management, to influence business decisions
  
  

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.

Application Process

Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. Word format preferred and do not include any photographs or images. Use the latter to tell us how your existing skills, knowledge and experience match the description above as shortlisting is carried out on the basis of how well you meet the criteria for the role.

Equality, diversity and inclusion

We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria.

Benefits

In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:

Final salary pension scheme

Free travel for you on the TfL network

Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket

30 days annual leave plus public and bank holidays

TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow

Private healthcare discounted scheme (optional)

Tax-efficient cycle-to-work programme

Retail, health, leisure and travel offers

Discounted Eurostar travel

Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements.

We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Non-profit Organizations

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