Senior Associate, Asset Management

Heitman LLC; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global real estate investment management firm in London is seeking an experienced Asset Manager to oversee a portfolio focused on residential and student accommodation investments. The ideal candidate should have at least 5 years of experience in asset management, with strong expertise in financial modelling and strategic planning. This role involves managing investments, preparing budgets, and collaborating with internal teams and external partners. The position offers competitive compensation, including bonuses and a comprehensive benefits package.

Benefits

Competitive compensation

Bonus eligibility

Human-centric benefits package

Qualifications

• Expertise in residential and/or student accommodation sectors.
• Proven track record in driving asset performance.
• Experience in leading capital projects and leasing strategies.

Responsibilities

• Manage a portfolio of residential and student accommodation investments.
• Lead execution of business plans and value-add strategies.
• Monitor investment performance and update financial model projections.

Skills

Detail-oriented

Strong experience in budgeting

Excellent communication

Analytical skills

Stakeholder management

Organized

Self-motivated

Proficient in Microsoft Office Suite

Education

5+ years of experience in real estate asset management

Tools

Excel

Argus

Power BI

Job description

Description

This Opportunity

We are seeking an experienced Asset Manager to join our London-based team. The ideal candidate will bring expertise in the residential and / or student accommodation sectors to help execute value-add strategies across our UK and European portfolio. This role requires a detail-oriented and collaborative individual who can work closely with internal teams—such as Portfolio Management, Acquisitions, and Finance—as well as external stakeholders, including operating partners and consultants.

Responsibilities

• Manage a portfolio of residential and student accommodation investments across the UK and Europe to drive performance and long-term value creation.
• Take full ownership of assigned investments and lead the execution of business plans, including leasing strategies, capital projects, ESG initiatives, and value-add activities.
• Lead the preparation of annual budgets in collaboration with internal stakeholders and operating partners.
• Manage internal and external valuation processes, working closely with Finance, operating partners and external valuers, and present recommendations to the Valuation Committee.
• Monitor investment performance and regularly update financial model projections, including the incorporation of actuals, supporting strategic decision-making and informing revisions to business plans.
• Deliver quarterly reporting to Portfolio Management and Finance teams, including variance analysis and updated projections aligned with evolving business plans.
• Present key performance insights, strategic developments, and investment updates to senior leadership as part of the quarterly investment review process.
• Conduct regular site visits and oversee third parties—including operating partners, property managers, and leasing teams—to ensure alignment with asset strategies and operational goals.
• Perform financial modelling to support strategic decision-making, conduct scenario analysis, and optimize asset performance.
• Collaborate with internal teams to perform detailed hold / sell analyses, manage refinancing processes, and execute exit strategies, including presenting recommendations to senior leadership.
• Maintain strong relationships with joint venture partners, consultants, and service providers.

Qualifications

• Minimum of 5 years’ experience in real estate asset management, with a focus on residential and / or student accommodation assets.
• Proven track record in driving asset performance through strategic planning and operational oversight.
• Detail-oriented, with strong experience in budgeting, forecasting, and performance analysis.
• Advanced financial modelling and analytical skills, with proficiency in Excel.
• Excellent communication and stakeholder management skills, with the ability to influence cross-functional teams.
• Highly organized and experienced in managing capital projects, leasing strategies, and day-to-day asset operations.
• Self-motivated and adaptable, with the ability to work independently and collaboratively in a fast-paced, entrepreneurial environment.
• Proficient in Microsoft Office Suite (Excel, PowerPoint, Word); experience with Argus and Power BI is a plus.

Job Location and Travel

• This position is based in our London office.
• Occasional travel within the UK and Europe required.

We are looking for great candidates who have a unique combination of experiences, traits, and talents. We couldn’t describe you in a list of bullet points, so consider this posting a conversation starter. If you check some, but not all, of our boxes, we still want to talk! Please apply for this role if much of this job description describes you.

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The Firm

Founded in 1966, Heitman is a global real estate investment management firm. Our mission is to lead the evolution of real estate through investments that fulfill the needs of people and communities in a world of constant change. To learn more about our organization and culture, click here.

Total Rewards (Benefits & Perks)

At Heitman, we believe that our success is driven by the success of our team members. That's why we use market data to ensure competitive compensation for every role, reflecting our commitment to investing in our team. In addition, all of our team members are bonus eligible and participate in a generous annual bonus plan, with the percentage varying based on your role and level, ensuring that your contributions are recognized and rewarded. When we grow, you grow!

In alignment with our People First core value, we offer rewarding careers that focus on both personal and professional growth. We are dedicated to helping you and your family thrive, both in the office and at home. To support this, we provide competitive compensation and a leading-edge, human-centric benefits package. Click here to view the details of our benefits.