Asset Management Consultant

Roles and Responsibilities

• Manage the asset management investment process, manage the underwriting on new potential acquisitions, disposals and development opportunities.
• Manage a portfolio of operational assets driven by a strategy of providing strong financial returns (including NOI and Value) as well as adding value to our communities.
• Manage the relationships with property managers of assigned retail assets, track the strategic and financial performance of assets within the portfolio and identify further opportunities for operational excellence.

Roles And Responsibilities

• Take charge of asset management investments proposals across all stages of the transaction from sourcing to execution.
• Responsible for building financial and valuation models and assisting with budgeting, forecasting, and assessing financial results, in addition to valuing intangible assets and determining purchase price allocations.
• Prepare presentation materials/memoranda and financial and impact assessment reports for the executive management.
• Track/monitor the portfolio’s business performance and provide periodic reports to the line manager.
• Monitor the matrix to support Asset Ops during asset operations, review and recommend adjustments in case of deviations.
• Receive constant updates from retail General Managers on asset performance.
• Coordinate with other Retail GMs to develop and recommend synergies between various assets.
• Undertake deep dives into the business operations/financial performance and prepare recommendation papers to management, highlighting areas of organizational and operational improvement and efficiencies, revenue generation and cost saving.
• In coordination with the senior management, implement the financial and strategic metrics to establish the positioning of the portfolio, and ensure alignment of the operating plans.
• Assist in developing the strategic & five-year business plan, risk registers and mitigation plans for the portfolio.
• Assist in the yearly valuation cycle of the portfolio.

Qualifications & Experience

RELATED YEARS OF EXPERIENCE:
Min of 6+ years of related experience in managing retail asset properties with annual revenue more than AED 100 million.

FIELD OF EXPERIENCE:

• Experience in retail management i.e., malls and community retail.
• Strong exposure to GCC real estate market.
• Real estate valuation and management consultancy.

KEY RESULTS AREAS:
Accurate financial modeling and valuation.
Annual and YoY growth of occupancy level of assigned retail assets.
Realized NOI as % of target profits.
Revenues and NOI growth of assigned retail assets vs previous year.

Desired Candidate Profile

1. Portfolio Management: Assisting in the management of investment portfolios, including monitoring performance, asset allocation, and rebalancing strategies.

2. Performance Analysis: Conducting detailed analysis of asset performance and market trends to identify opportunities for improvement and growth.

3. Risk Management: Evaluating and mitigating risks associated with investment portfolios, ensuring compliance with relevant regulations and policies.

4. Client Relations: Engaging with clients to understand their investment objectives, providing updates on portfolio performance, and addressing inquiries.

5. Reporting: Preparing regular reports on asset performance, market conditions, and investment strategies for internal stakeholders and clients.

6. Research: Conducting market research to identify potential investment opportunities and industry trends that could impact asset management strategies.

7. Collaboration: Working closely with other departments, including finance, compliance, and investment teams, to ensure cohesive management of assets.

8. Investment Strategy Development: Contributing to the development and implementation of investment strategies that align with the organization’s goals.

9. Regulatory Compliance: Ensuring adherence to relevant regulations and industry standards in all asset management activities.

10. Team Support: Assisting in the mentorship and training of junior team members, promoting a collaborative and high-performance culture.

Skills

1. Investment Knowledge: Strong understanding of asset management principles, investment strategies, and financial markets.

2. Analytical Skills: Exceptional analytical abilities to assess data, evaluate investment performance, and make informed decisions.

3. Communication Skills: Excellent verbal and written communication skills for engaging with clients and presenting complex information clearly.

4. Risk Assessment: Proficiency in identifying and mitigating risks associated with investment portfolios.

5. Project Management: Ability to manage multiple projects and priorities effectively while meeting deadlines.

6. Technical Proficiency: Familiarity with financial modeling, data analysis tools, and asset management software.

7. Interpersonal Skills: Strong relationship-building skills to collaborate effectively with internal teams and external stakeholders.

8. Detail-Oriented: High level of accuracy in conducting analyses and preparing reports.

9. Regulatory Awareness: Understanding of relevant regulations and compliance requirements in the asset management industry.

10. Adaptability: Flexibility to adapt to changing market conditions and organizational priorities.