Asset Manager

AXA

Jan 16

Applications are closed

Job
Full-time
Mid & Senior Level
Real Estate & Property
Banking & Finance
Madrid

Requirements

Educated degree in Business or Real Estate
RICS accreditation would be a plus
Previous experience (4-5 years) working for an asset & investment manager / property company / professional advisory firm in the real estate industry with a specific reference to the residential sector
Good knowledge of local real estate markets (Spain/Portugal)
Good understanding of legislations and financial techniques and modelling related to real estate investments.
Accomplished interpersonal skills, ability to work efficiently in a team in an international and matrix environment
Autonomous, initiative, entrepreneurial and result driven culture
Strong analytical and synthesis capacity
Verbal and written communications and presentation skills
Creative thinking, capability to develop innovative solutions
Fluent in English
Fluent in Portuguese would be a plus

Responsibilities

The Asset Manager propose and implement the best value creation strategy for each asset of his / her portfolio and is responsible for:
Define the asset strategy, prepare annual business plans including action plans and corresponding financial models (DCF), ensure consistency with investors’ strategy, present, argument and obtain approval from investors or Investment Committee and follow-on the implementation of the action plan.
Prepare, optimise, and monitor the asset budget (revenues, opex and capex) with the property managers or asset operators.
Monitor external valuations.
Monitor asset KPI’s and contribute to reporting of the investors.
Manage property managers and all external servicers related to the asset.
Supervise the property, manage tenancy issues, claims and supervise potential lawsuits with legal advisors.
Define and implement the marketing and letting strategy and conduct lease negotiations.
Collect and analyse all relevant and updated data / documentation at asset level (technical, legal, tax and commercial data) and ensure the legal conformity and the liquidity of assets.
Propose relevant product evolutions or asset repositioning.
Manage refurbishment or development programs coordinating with internal and/or external development experts.
Set-up and implement ESG action plans.
Coordinate all internal and external stakeholders, represent the investor in co-ownership.
Prepare documentation necessary for disposals (data room, valuation, RFP, etc...).
Contribute to disposal processes in coordination with Transactions Team.
Support some investments underwritings led by the Acquisitions teams and on-board new assets.
Visit frequently the assets and travel when necessary.

FAQs

What is the job title for this position?

The job title is Asset Manager.

Where is the position located?

The position is located in Madrid, Spain.

What type of contract is being offered?

A permanent contract is being offered.

Who will the Asset Manager report to?

The Asset Manager will report to the Sector Lead Residential.

What is the primary focus of the role?

The primary focus of the role is the management and value creation of a portfolio consisting of residential assets in Iberia (Spain & Portugal).

How many people will the Asset Manager work with in the team?

The Asset Manager will be part of a team of 15 people (local & EMEA).

What are the key responsibilities of the Asset Manager?

The key responsibilities include defining asset strategy, preparing annual business plans, managing budgets, monitoring asset KPIs, managing property managers, conducting lease negotiations, and proposing relevant product evolutions or asset repositioning.

What qualifications are required for this position?

A degree in Business or Real Estate is required, and RICS accreditation would be a plus.

How many years of experience are needed in the real estate industry?

Previous experience of 4-5 years in asset & investment management, property company, or professional advisory firm in the real estate industry is needed.

What language skills are preferred for this role?

Fluency in English is required; fluency in Portuguese would be a plus.

What kind of company culture does AXA IM promote?

AXA IM promotes a culture that is diverse, inclusive, and encourages personal growth and development.

Are there opportunities for career development within the company?

Yes, the company is committed to offering internal opportunities and personalized learning paths for skill development.

Does AXA IM have a stance on environmental responsibility?

Yes, AXA IM actively recognizes and values sustainability and environmental responsibility as part of its commitment.

Will the Asset Manager need to travel for the job?

Yes, the Asset Manager will need to visit assets frequently and travel when necessary.

Are there benefits associated with this position?

Yes, the position offers a range of benefits, including hybrid working and competitive health benefits.

How does AXA IM support diversity and inclusion?

AXA IM encourages candidates with disabilities or any other protected characteristic to apply and is committed to providing reasonable accommodations as needed.

AXA

Finance

Industry

10,001+

Employees

1816

Founded Year

Mission & Purpose

We always start with our customers. As one of the largest global insurers, our purpose is to act for human progress by protecting what matters. Protection has always been at the core of our business, helping individuals, businesses and societies to thrive. And AXA has always been a leader, an innovator, an entrepreneurial company, fostering progress in all its dimensions. Our purpose also links back to the Group's roots. From the outset, AXA has been committed to acting as a force for collective good. From solidarity-based actions with AXA Hearts In Action to work on prevention issues with the AXA Research Fund and the fight against climate change, AXA has always been attentive to its social environment and embraced its responsibility as an insurer: responsibility for taking action upstream in order to better understand risks, with one goal in mind: to ensure better protection.