LondonJob Title : Assistant Asset ManagerLocation : LondonUK, Europe & AmericasReports To : Asset & Analytics ManagerACCOUNTOur banking client is recognized as one of CBRE’s leading global accounts and a unique partnership.
In addition to delivering Facilities Management, Project Management & Workplace in Asia, CBRE are responsible for Asset & Transaction Management globally.
This encompasses strategic portfolio advice, transaction execution, asset / estates management and lease administration with dedicated compliance oversight across the Bank’s portfolio.
CBRE deliver c.700 transactions per year in line with the bank’s objectives and governance protocols.JOB SUMMARYOur client have a Global Portfolio of which this role would support on the occupied office assets across UK, Europe and Americas region.
The Asset & Transaction Management team are responsible for managing these assets from a lease and ownership perspective.
As a key member of this team, the assistant asset manager will be responsible for supporting Asset Managers in governance and lease administration related activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following : Using Bank’s standard template, review lease documentation against bank’s standard terms to assess whether key clauses are captured.
Using Bank’s standard template prepare first draft of simple business cases including a basic cashflow.Using standard templates, abstract data from leases to upload onto bank’s lease administration database.
Working closely with the Asset Managers, regularly update CBRE’s Customer Relationship Management (CRM) tool Transact to ensure that system is up to date.
Act as Checker at the close out of transactions. This involves checking that the correct governance documentation is in place before lease documentation is signed.
Where necessary update the Bank’s risk management systemOn a monthly basis update Fee Forecasting tracker.Where required take meeting minutes and follow up actions from governance meetings including monthly portfolio review meetings and Business Reviews.
Where necessary assist with rental payment validation queriesAssist in the preparation of annual budgetsAssist in preparation of ad hoc presentations and reports.
Generate Ad-Hoc reports using Transact and the lease management database.ESSENTIAL SKILLS include the following : Excellent written and verbal communication skillsFamiliarity with commercial leasesBasic knowledge of accounting / budgetingBasic financial analysis skillsMulti-
tasking and sensitive to cross-cultural exposuresQUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The job requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable disabled individuals to perform the essential functions.
EDUCATION and EXPERIENCEBachelors Degree or equivalentDegree in Real Estate related discipline preferredAt least 2 years’ experience, ideally working in a multi-
national environmentCommercial Lease Transaction Experience would be preferredExperience with working with lease contracts an advantageCOMMUNICATION SKILLSAbility to comprehend complex business documents.
Ability to write reports with guidanceFluency in English and local languageEQUAL OPPORTUNITIESWe are an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
ABOUT CBRECBRE is the world’s leading commercial real estate services firm with offices located around the globe. CBRE currently employs roughly 90,000 people worldwide, with 2,750 working in the UK.
The Company’s core services include property sales, leasing and management, facilities and project management, investment management and, research and consulting.
In central London, CBRE advises on more commercial property than any other adviser and across the United Kingdom with offices in Aberdeen, Birmingham, Bristol, Edinburgh, Glasgow, Jersey, Leeds, Liverpool, Manchester, and Southampton.