Head of Asset Management ASA

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Singapore
SGD 125,000 - 150,000
Be among the first applicants.
5 days ago
Job description

Job Summary

Oversee development and implementation of a Real Estate Asset Management Strategy & Execution plan across SCB's ASEAN & (ASA) Footprint, aligned to SCB and Property Strategy which include key elements of a 5 year plan:

  1. Rental Escalation Plan
  2. Asset Acquisition/Divestment Plan
  3. 5 year Cash & P&L view
  4. Implementing the agreed 5 year Supply Partner Contract (annual value of approx. $3m) and planning for continuous improvement of the 3rd party strategy (incl. ownership of any Supply Partner RFP activity)

Business

  • Develop and Maintain key relationships with Asset Management partner functions, to develop and enable seamless execution of property plans, incl. but not limited to Global Leads within Finance, Risk, Compliance, Resilience, Treasury, Legal, OR and SCM.
  • Ensure that - where applicable - impact of material property decisions around Real Estate Assets are aligned with CIB and WRB client teams.
  • Develop and improve an Asset Management delivery platform across SCB ASEAN & ASA Footprint, which can accelerate and improve the execution of WRB's Retail Transformation agenda.
  • Alignment of key Asset Management success factors with ASEAN & ASA Business and Property stakeholders.

Processes, Risk Management & Governance

As the only SCB FTE role in Asset Management in ASEAN & ASA, the role is accountable for adherence to the Asset Management process framework within the Property Process Universe. This includes:

  • Sign off on process defined activities.
  • Oversight of Supply Partners process adherence.
  • Continuously seek to simplify the effectiveness of the governance framework in liaison with relevant Stakeholders and provide best practice & regional relevance to Global Framework reviews.

Key Responsibilities

People & Talent

  • Build a team of diverse, passionate and capable individuals, which includes people in SCB and our chosen supply partner.
  • Proactively support our partner in identifying gaps and strengths within the Asset Management teams, so people changes can be managed strategically, minimizing unforeseen attrition and business disruption.
  • Ensure the Regional teams are strongly connected across the bank and external organizations, enabling a sharing & learning culture around best practices.
  • Create a culture which enables staff (both SCB and 3rd party) to manage and prioritize workload, resulting in a productive and resilient workforce.

Partnership & Delivery

  • Create a working culture which makes SCB an account of choice, attracting the best market talents and reduce attrition.
  • Oversee and manage the ASEAN & SA budget of the Supply Partner dedicated resources and variable fees.
  • Manage and improve Supply Partners Performance by defining and actively monitoring key performance indicators.
  • Build & leverage core relationships with Developers / Landlords, and where applicable support or lead 'principle to principle negotiations on major Real Estate Transactions.
  • Oversee ASEAN & SA and Country driven key transactions, including alignment to global strategies and SCB Group Stakeholders.

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

  • Head of Property (ASA); Country Heads of Property across ASEAN & SA.
  • ASEAN & SA SCB Functional Leads (SCM, Treasury, Risk, Compliance, OCIR, Legal and Finance).
  • ASEAN & SA Property SME Leads (Supply Partner Management, Workplace, Security & Safety, Operational Risk, Data & Analytics, Process, Governance & Efficiency, Change & Transformation and the Property COO).
  • Where Asset Management activities could affect CIB clients, their respective Relationship Managers.
  • Member of the Asset Management Core Leadership Team, which sets out the strategic direction, partnerships, best in industry practices and brand recognition of the function.
  • Member of the ASEAN & SA Property Management Team, which oversees the development, alignment and delivery of the overall ASEAN & SA Property strategy which aims to implement new ways of working, enables a more innovative culture, becomes more sustainable and drives cost efficiencies.

Our Ideal Candidate

  • Bachelor's Degree in Commerce, Real Estate (Masters a plus), preferably a bachelor's degree in Real Estate or other business-related discipline.
  • 10+ years of experience in working for property-related businesses.
  • Knowledge of the facilities / real estate market and Supply Partners, as well as keen understanding of customer service principles.
  • Exceptional leadership capabilities and experience managing large multi-disciplinary teams.
  • Strong communication and influencing skills.
  • Exposure to working with multi-cultural/geographic teams.
  • Data-oriented personality with a client-centric mindset.

Role Specific Technical Competencies

  • People Development
  • Business Acumen
  • Finance
  • Operational Risk
  • Stakeholder Management
  • Strategy Development

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do.
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well.
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
  • Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
  • Flexible working options based around home and office locations, with flexible working patterns.
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits.
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers

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