Commercial Asset Manager - Client Side

Joshua Robert Recruitment; City of Westminster; On-site; GBP 50,000 - 70,000; Full time

Job summary

A recruitment agency is seeking a proactive Commercial Asset Manager for a real estate company in the City of Westminster. The role involves ensuring effective lease management, financial oversight, and compliance. Candidates should have a minimum of five years of experience in commercial asset management and strong negotiation skills. The company offers a competitive salary, an annual bonus, and opportunities for career advancement in a collaborative environment.

Benefits

Competitive salary

Annual bonus scheme

Professional development opportunities

Strong benefits package

Qualifications

• Minimum 5 years of experience in commercial asset management.
• Comprehensive knowledge of relevant legislation and best practices.
• Strong commercial and financial acumen with attention to detail.

Responsibilities

• Monitor and negotiate tenant lease events effectively.
• Instruct letting agents for vacant properties to minimize downtime.
• Review and negotiate Heads of Terms with prospective tenants.

Skills

Commercial property management

Lease negotiation

Financial oversight

Excellent communication skills

Organizational skills

Negotiation skills

Tools

Qube property management software

Job description

About the Client:

Our Client is a exciting player in the commercial real estate sector, they're an International Buyside PropCo with over £1 Billion in Assets across Retail, Residential & Industrial properties.

Position Overview:

They're seeking a proactive and detail-oriented Commercial Asset Manager to join their dynamic team. The ideal candidate will possess a strong background in commercial property management, with a focus on lease negotiation, compliance, and financial oversight. If you have a passion for commercial real estate and a track record of successful asset management, then this could be the role for you.

Key Responsibilities:

• Lease Management: Monitor and negotiate tenant lease events, including rent reviews, break clauses, and expiries. Interpret and manage lease terms effectively.
• Vacant Property Management: Instruct and oversee letting agents on vacant commercial properties to minimize downtime.
• Financial Oversight: Review and negotiate Heads of Terms with prospective tenants and ensure accuracy of property data related to leases, service charges, and insurance.
• Insurance Management: Oversee annual insurance renewal, ensuring best value and managing billing of recoverable insurance premiums.
• Compliance & Audits: Ensure compliance with statutory audits, including health & safety and fire risk assessments, and manage all applications for tenant consent.
• Budget Preparation: Prepare and approve service charge budgets, demands, and apportionments, and liaise with the accounts department for reconciliations.
• Project Management: Communicate with tenants regarding ongoing projects and oversee repair quotes to ensure financial forecasts are accurate.

Requirements:

• Minimum 5 years of comparable experience in commercial asset management.
• Comprehensive knowledge of relevant legislation and best practices.
• Strong commercial and financial acumen, with excellent attention to detail.
• Exceptional organizational skills, able to prioritize and manage time efficiently.
• Excellent communication, writing, influencing, and negotiation skills.
• Ability to work autonomously and exercise sound judgment in decision-making.
• Familiarity with Qube property management software is preferred.

What We Offer:

• Competitive salary, annual bonus scheme and strong benefits package
• Opportunities for professional development and career advancement.
• A collaborative and supportive work environment