Job Description
Job Title
Portfolio Manager
Role Purpose and Summary
This newly created role will play a crucial part in managing Group’s on-balance sheet investments comprising principally ca. 2,000 beds under sale and leaseback arrangements alongside minority interests in two Joint Ventures which equate to a further 1,665 PBSA beds.
The role has three distinct focuses:
1) Strategic management: of the Group’s investment interests in order to maximise long term value through exits,
2) Operational focus: day to day management of the portfolio, working collaboratively with key internal and external stakeholders to drive performance.
3) Growth strategies: Working with the Group Investment Director on new growth opportunities.
This role also includes the oversight of the existing landbank, alongside oversight of the “for sale” homes strategy.
Core Objectives – Specific Expectations of the Role
Portfolio Management
· Manages interests in joint ventures on a day to day basis.
· Actively looking to enhance value across the assets whilst also managing the Group’s risk profile.
· Overarching responsibility for successful delivery and mobilisation of projects.
· Working collaboratively with Project Services/Delivery to track progress and deal with operational issues.
· Work collaboratively with Homes team on “homes” strategy alongside landbank.
Reporting
· Implement and manage reporting on JV positions, liaising closely with Finance.
· Ensure effective management of Group’s land bank and homes assets.
· Maintain accurate records and prepare reports in the most appropriate format for various forums, meetings, committees and other groups, in line with reporting cycles.
Engagement
· Engage as required with internal stakeholders alongside external debt and equity partners.
· Attend industry events where appropriate and act as a spokesperson.
· Work with the Group Investment Director on new asset management opportunities.
Generic Business Expectations
o Finance & Value for Money
o Security
o Health & Safety
o Learning & Development
o Customer Focus.
Generic Leadership Expectations
o Line Management
o Leading by Example
o Inclusive Leadership
o People Development
Person Specification
Job Title - Portfolio Manager
Key Behaviours
Insight - Seeing the bigger picture
Collaboration - Working together
Improving & Change - Being better at what we do
Managing Quality - Process, procedures, compliance
Decision Making - Taking considered logical actions
Integrity & Responsibility - Doing the right thing
Communication & Influence - Being clear & using the right method
Pace & Planning - Delivering results on time
Equality & Diversity - Respecting difference & inclusivity
Role Specific Strengths
· Decisive
· Negotiator
· Networker
· Organiser
· Strategic
· Communicator
Training & Qualifications
Essential or Desirable
Educated to Degree Level in a related discipline OR significant and substantial experience in a relevant profession - Essential
Evidence of undertaking training, learning or other activities to maintain professional status or keep abreast of developments, trends and best-practice in the profession and industry - Essential
Holds chartered / registered / certified status in the profession - Desirable
Knowledge & Skills
Excellent interpersonal, communication skills and business acumen - Essential
Knowledge of asset management - Essential
Understanding of fiduciary responsibility - Essential
Knowledge of construction principles - Essential
Knowledge of residential capital markets - Essential
Ability to anticipate risks and provide sound, reasonable advice that stands up to challenge - Essential
Ability to act assertively to support a point of view, negotiate, influence decisions whilst maintaining respect and healthy, positive working relationships - Essential
Ability to compile reports and present information in an accurate, logical format - Essential
Knowledge of the construction and development industry - Essential
Ability to use Microsoft Office Applications - Essential
Experience
Experience of working in the Residential for Rent sectors - Essential
Experience of working within asset/portfolio management - Desirable
Experience of maintaining networks of key contacts and working with multiple internal and external stakeholders - Essential
Experience of working to tight schedules with competing priorities to deliver projects on time and in line with client requirements - Essential