Senior Asset Manager

Department:
Office Leasing

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Company:
Canary Wharf Limited

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Reporting to:
Managing Director - Residential

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Reporting to the Director – Asset Management coordinating asset management activities of real estate assets from acquisition to disposal. An integral part of the team responsible for and leading for the residential sector on 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 Range: £80,000 - £100,000

4 days a week in the office, with upto 1 day a week from home.

• Collaborate closely with stakeholders across the business to deliver on the strategic objectives for the holdings of CWG, its shareholders and external Investors.
• Develop and implement property management strategies to maximise asset value.
• Support the operations team in monitor property performance metrics, including occupancy rates, rental income, and operating expenses.
• Contribute to maximising performance, tenant mix and lease terms while optimising asset costs.
• Support the investment and leadership team on the acquisition or disposal of any assets by CWG or its shareholders, ensuring assets are ready for sale with documentation all in order.
• Manage handover processes from the development team and ensure smooth transitions of assets into the portfolio, closing out any legacy issues on previous developments.
• Work with the retail leasing team on lettings in residential buildings, leading on neighbourly matters and ensuring commercial uses contribute positively to residential value and operations.

• Support in producing the initial underwriting including long term asset business plan (ABP) of each asset.
• Prepare and analyse asset management reports, including budgets, forecasts, and variance analyses (Alongside commercial finance).
• Conduct regular financial performance reviews of properties and identify areas for improvement.
• Assist in the preparation of annual business plans and review operating budgets for each property.
• Co-ordinate and manage valuation processes for relevant assets, working across internal teams and responding to external valuers to ensure rigour and accurate valuation reports.
• Produce and coordinate investor reporting as required.

• Identify and oversee capital improvement projects to enhance property value and appeal.
• Execute the annual capital expenditure plans required to enhance asset value and drive growth.
• Forecast future capital projects, furniture refresh and refurbishment requirements.

• Implement risk management strategies to protect assets and minimise liability

• Conduct market research to stay informed about industry trends and competitive properties.
• Use market insights to advise operations team on thoughts for rent pricing, marketing, and property enhancements.
• Support sales strategies for residential buildings and work with the sales team to divest of units as efficiently and profitably as possible.
• Maintain up to date residential sector knowledge, market intelligence, best practices and innovation, ensure this is shared with colleagues and key internal stakeholders.

• Must have residential asset management experience with knowledge of financial asset and portfolio terms and principles.
• Sound knowledge of landlord and tenant law.
• Ability to analyse business/financial data and develop innovative solutions.
• The ability to manage a…