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Associate- asset management

London
Jones Lang LaSalle Incorporated
Asset manager
€65,000 a year
Posted: 27 April
Offer description

**JLL empowers you to shape a brighter way**.Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.**Asset Manager – Associate****Team Overview:**This role is for an Asset Manager working on the business space portfolio, which consists of industrial, office, retail and living assets across the UK. The overall team consists of 55 asset managers who are responsible for approximately £14.8bn of AUM.**Role and Accountabilities:**The successful candidate will be supporting a director on a multi sector portfolio. The focus of the role will be in creating and implementing value-add initiatives and risk mitigation strategies for portfolios to deliver optimal asset performance.Specifically, the responsibilities will include:* **Business Planning:** working with the team to devise and recommend the strategy (inc. hold/sell) and specific initiatives for individual assets. This will entail creating an annual business plan and running a projection in Argus Enterprise, Excel or other proprietary systems.* **Asset Management Strategy:** formulating and executing asset management strategies and plans for the portfolio. Responsible for the overall positioning of assets as well as the enhancement of cashflow and asset value; whilst maintaining good relationships with occupiers. .* **Acquisitions/Disposals:** responsible for the sale process including appointment of agents, decision on marketing strategy and management of lawyers and others in the legal process. These processes will also entail preparation of the investment committee recommendation. For acquisitions it will be working alongside the wider team such as the portfolio manager and solicitors in providing assumptions to be used in cashflow projections and ensuring comprehensive due diligence is undertaken.* **Asset Management Initiatives:** Implementing initiatives identified in the business plan, including marketing strategies, refurbishment/redevelopment projects, rent reviews, lease re-gears/renewals, consideration of alternative uses and all other opportunities to create and protect value. The individual will also be required to recommend and justify these initiatives for approval.* **Managing External Property Managers:** Overseeing property management and ensuring accountability and performance through regular management meetings and quarterly performance reviews with reference to agreed KPI’s.* **Managing External Agents:** Working with consultants and external agents to understand the business space markets (trends, values, competition etc.). Monitoring and rewarding good performance and creative advice. Building on and utilising relationships with the consultants and agents to drive portfolio performance.* **Reporting:** having responsibility for drafting monthly and quarterly reporting on specific clients.* **Valuation:** managing the valuation process for specific clients and providing information to valuers as required.* **Fund Performance:** having responsibility for managing the MSCI process for specific clients.* **Environmental and Sustainability:** ensure compliance with sustainability policies in asset management initiatives including taking account of the refurbishment and redevelopment guidelines.* **Data and technology:** Being able to request the relevant information and data to support business plans. Expressing a desire to acquire the knowledge and expressing an interest in the latest technology and IT that drives operational effectiveness for the assets.**Required Qualifications & Experience:*** BA or BSc degree with strong record of academic achievement.* An understanding of property fundamentals (property management, leasing and development), particularly for office and industrial assets.* At least two years of post qualification experience in the office, retail and industrial sectors with a good network of contacts across these sectors.* Strong interpersonal skills and good verbal and written communication skills with an ability to work collaboratively.* Knowledge of the impact of sustainability on the property industry.* Strong numeracy, financial and computer skills including MS Excel and an ability to understand key performance drivers for fund performance.* Adaptable team player with the ability to operate autonomously when needed.* Able to manage multiple tasks effectively and prioritise as required to meet expectations.* Must be able to fit in with an established team and contribute to goals outside of their role for the benefit of the firm.**Location:**On-site –London, GBRIf this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.***JLL Privacy Notice***Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our .For additional details please see our career site pages for each country.Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at HRSCLeaves@jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page > I want to work for JLL.At JLL, we give you the opportunity, knowledge and tools to own your success, because we value what makes each of us unique. We help our people thrive, grow meaningful careers and find a place where they belong. Together, we strive to be exceptional and shape a better world.For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500(R) company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit .
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