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Residential Asset Manager - Nationwide PRS Portfolio

Employer
Madison Berkeley
Location
London (Central), London (Greater)
Salary
£40,000 - £60,000 + package
Closing date
14 Mar 2021

Job Details

London based Fund Management business with a number of separate funds are looking for an Asset Manager to focus on their PRS portfolio. The role will focus on the management and reporting of their growing residential portfolio, on a nationwide basis. The intention of the business is to continue growing their PRS AUM and they are continually looking for new investment and development opportunities. They are now looking to recruit a credible Residential Asset Manager who wants to join a small but very active team who offer great career potential. A key part of the role will be monitoring the performance of their external property managers and leasing agents, and making every effort to improve the overall operational property performance.

Responsibilities:

  • Work to maximise income and control operational expenses.
  • Identify and implement initiatives to add value to existing assets e.g. refurbishments to drive higher rents or sale values
  • Manage capital expenditure programmes by working closely with third party contractors
  • Assist in the acquisition of new opportunities by assessing suitability of schemes as a rental proposition and production of ERVs
  • Design, review and manage weekly, monthly and quarterly reporting system with property managers
  • Management of portfolio KPIs; particularly voids, arrears and expenditure
  • Manage third party property managers, working closely with them to make decisions, drive portfolio performance and address any performance issues
  • Implement processes as required to ensure effective management of portfolio
  • Use management information from property managers to analyse and optimise portfolio performance
  • Review and assist with quarterly valuation cycle

The Candidate

  • A background in a residential related Asset or Property Management positions is essential – PRS, BTR, Student, etc
  • Confident and willing to adopt a “hands on” approach to asset management
  • Ability to use initiative, self-motivate and work with minimal supervision
  • Committed to maintaining high standards and an eye for detail
  • Ability to think strategically
  • Financially numerate
  • Able to work as part of a team and optimise performance of subcontractors and managing agents
  • Able to combine commercial acumen with strong customer service skills to make decisions with both investors and tenants in mind
  • Eager to uphold high standards and work according to best practice at all times
  • Strong experience in residential property with deep knowledge of landlord and tenant legislation, health and safety legislation, and block management legislation

Company

Who we are

Madison Berkeley is a boutique real estate recruitment specialist, offering you a unique and personal approach to recruitment services within the property sector. We work with a variety of property clients from traditional property companies to forward-thinking new start-ups including developers, investors, institutions, funds, banks and consultancies. We recruit at all levels from recently qualified surveyors to CEO’s and have a global reach but a predominantly London focus.

The founding Directors, with over 20 years experience within this sector, have accumulated a unique and in-depth knowledge base and have an unrivalled network of connections. As industry experts, they are committed to providing you with a consultative and strategic approach, and guarantee they will always offer you honest and considered advice. Madison Berkeley strives to exceed your expectations with its responsive, professional and friendly attitude and focus on building long term and productive relationships.

Our Process

Our process is about getting to know you, understanding your aspirations and requirements and then working as a trusted advisor to help you achieve these goals.

Our Mission

We are passionate about property, and the future of the built world. We are committed to supporting industry growth and progress, and excited about the impact new technologies are having in the sector. We understand that innovation is key to success and our goal is to help organisations and individuals unlock their potential and continually advance. We hold a continued commitment to encouraging and facilitating diversity.

Company info
Website

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