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Key Information
Job title: Assistant Asset Manager
Salary: Up to £40k with excellent benefits
Contract type: Permanent
Reference: 1124
Location: Southwark
Application closing date: Tuesday 15th July 2025
Overview
Do you like your work to develop and stretch you? Do you want to work across Transport for London’s (TfL) vast and complex asset base to address some of London's biggest challenges? If so, we have a vacancy in our TfL Asset Strategy team that could be for you!
We are currently recruiting for an Asset Strategy Planner to provide clarity of thought and direction on Transport for London’s (TfL) most important asset challenges. We ensure the circa £1bn of investment we put into our assets every year is being done in a planned, conscious, and informed way. We operate flexibly, through a highly capable and supportive team that can actively approach challenges well and are known for producing high quality outputs.
Your role is to support work on important issues faced by the business, primarily; assisting in setting the strategic direction and investment needs of our assets, justifying and securing funding, initiating projects, improving asset management capability, analysing information to produce options and choices, getting stakeholders on board, helping the business make decisions and ensuring the impacts are understood.
The work in our team is varied, exciting and high profile; your work could include updating an asset strategy, translating strategies into short- and long-term plans, looking at whole life costing, modelling scenarios for investment planning or working with a range of stakeholders across the business to determine our future vision for assets.
You’ll help lead the translation of cross-asset and network level asset information, into a balanced Pan-TfL investment portfolio which meets the future strategic needs of TfL’s assets and effectively supports the organisations goals.
You will assist in develop policies, strategies, plans and prioritised programmes for one or more assets to deliver business outcomes and will work with key stakeholders in the directorate, Surface, TfL and externally to understand and incorporate key priorities and drivers.
Key Accountabilities
* Contributes towards the production of asset policies, strategies, plans and prioritised programmes for one or more asset types within the Surface Transport environment, through research and data collection and analysis
* Understand political constraints, customer insights, Greater London Authority (GLA) priorities, internal delivery commitments, private developer initiatives to inform the strategies and plans for selected asset types
* Interpret customer intelligence so that it can be translated into suitable measures for inclusion within the asset specific strategies
* Carries out data analysis to inform long term capital and operational investment modelling
* Supports the maintenance of a prioritised forward programme of works for one or more assets that deliver the strategy and best value
* Analyses Borough Principal Roads and Bridges data to inform long term capital investment plans and Local Implementation Plans (LIPs) investment
* Works with relevant stakeholders to inform asset data requirements to support the development of asset strategies, investment plans for selected asset types
* Promotes a culture that builds strong and sustainable customer relationships and promotes a culture that places the customer at the heart of everything that TfL delivers
Skills
Skills, Knowledge & Experience
* Apply whole life cost principles and appraise investment option - Supervised Practitioner
* Developing Asset Management policy and strategy - Supervised Practitioner
* Developing Asset Strategy - Supervised Practitioner
* Maintenance and Operations investment decision making (operational management) - Supervised Practitioner
* Capital investment decision making and value management- Supervised Practitioner
* Develop and monitor the delivery of Asset Management plans - Supervised Practitioner
* Asset information requirements and analysis - Supervised Practitioner
* Performance and reliability improvement - Supervised Practitioner
* Understanding the Customers needs - Supervised Practitioner
* Numerate and computer literate with strong MS Office skills, including MS Word, Excel, SharePoint and PowerBI – Practitioner
* Familiar with GIS for presenting and analysing geographical data - Supervised Practitioner
Knowledge
* Good understanding of the principles of asset management, PAS 55 and ISO 55000
* Understanding of transport issues affecting London’s road network and of the management and operation of a road network to deliver objectives
* An awareness of investment planning and value management techniques
* Understanding of the Mayor's Transport Strategy
* An awareness of financial management standards and practices in the public sector
* An understanding of asset investment best practice, including whole life costing/value, management of value, asset deterioration modelling and Capital Expenditure (CapEx) / Operational Expenditure (OpEx) trade-off.
Experience
* Experience working in the field of physical asset management on mechanical and electrical assets or structures or bus station or buildings
* Experience of applying asset management techniques within a transport/ construction / operational environment
* Experience of preparing and presenting reports to peers and senior management, to influence business decisions
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.
Application Process
Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter. Word format preferred and do not include any photographs or images. Use the latter to tell us how your existing skills, knowledge and experience match the description above as shortlisting is carried out on the basis of how well you meet the criteria for the role.
Equality, diversity and inclusion
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria.
Benefits
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the level of role but mostly include the below:
Final salary pension scheme
Free travel for you on the TfL network
Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
30 days annual leave plus public and bank holidays
TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
Private healthcare discounted scheme (optional)
Tax-efficient cycle-to-work programme
Retail, health, leisure and travel offers
Discounted Eurostar travel
Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4 week period. Hybrid working arrangements can evolve subject to business requirements.
We will make every effort to give you as much notice as possible, however some interviews/assessments could be organised at short notice.
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