Manager, Asset Management (REIT Property )

Malaysian Resources Corporation Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

A leading company in Malaysia is seeking a Manager for Asset Management to oversee property operational compliance, formulate budgets, and enhance asset strategies. The ideal candidate will have significant experience in asset management, strong leadership skills, and technical knowledge to support property negotiations. This is an opportunity to contribute to sustainability goals and engage in strategic asset acquisition.

Qualifications

• 8-10 years of experience in Office Building Asset Management.
• At least 5 years in a managerial role.
• Knowledge of the Strata Management Act & Project Management.

Responsibilities

• Oversee the building manager for property maintenance compliance.
• Formulate and manage the property's Annual Budget.
• Conduct market analysis for asset strategies and AEIs.
• Represent the company in JMB/MC committee meetings.

Skills

Interpersonal skills

Problem-solving skills

Leadership skills

Communication in English

Communication in Bahasa Malaysia

Technical knowledge

Negotiation skills

Education

Bachelor's degree in Asset Management

Bachelor's degree in Property Management

Bachelor's degree in Real Estate Management

Bachelor's degree in Business Administration

Job description

Manager, Asset Management (REIT Property)

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• Oversee the building manager to ensure adherence to standard operating procedures, effective maintenance of properties, and timely renewal of compliance certificates with relevant authorities.
• Formulate and manage the property's Annual Budget, ensuring alignment with operational objectives.
• Track and control all operational expenditures for optimal cost efficiency.
• Conduct market analysis to develop asset strategies and implement Asset Enhancement Initiatives (AEIs).
• Ensure AEIs are executed within approved budgets and timelines.
• Represent the company in JMB/MC committee meetings for stratified properties to safeguard corporate interests.
• Address stakeholder feedback and respond promptly to emergency situations.
• Provide technical guidance and support to the leasing team during negotiations and inquiries.
• Evaluate insurance coverage to mitigate risks and manage the claims process.
• Contribute to the company's sustainability goals by monitoring relevant performance indicators and proposing improvements.
• Participate in technical due diligence for prospective asset acquisitions.
• Supervise car park operations and ensure timely renewal of related contracts.
• Handle ad-hoc assignments, special projects, and other duties as assigned.

Requirements

• Bachelor's degree in Asset Management, Property Management, Real Estate Management, or Business Administration.
• 8-10 years of experience in Office Building Asset Management, with at least 5 years in a managerial role.
• Knowledge of the Strata Management Act & Project Management.
• Strong interpersonal, problem-solving, and leadership skills.
• Excellent communication skills in English and Bahasa Malaysia.
• Technical knowledge and negotiation skills for vendor submissions during procurement.

Additional Information

This job posting is active. Please include your expected salary and relevant qualifications in your application.