Asset Manager -Real Estate

Job Description:

Job Description

JOB SUMMARY

The Asset Manager will be responsible for day to day management of the Standard Chartered Bank portfolio under CBRE SCB Asset Management Team (Project Kingfisher), managing the returning/handover of leased sites to Landlords, processing associated documentation, negotiating new licences and easements, arranging lease renewals with the landlord for commercial and residential leases, undertaking lease surrenders at the expiry of the lease, working with the CBRE Strategy and Transaction Management teams to undertake portfolio optimization initiatives and keeping and storing accurate files.  

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Stakeholder Management
• Lease renewal or extension of current contracts
• Sublease Renewal (if applicable) where no marketing and only minor negotiation required
• Lease termination (lease disposal e.g. executing end of term termination, executing a right to terminate)
• Purchase options/right of first refusal (advice regarding an existing option/right
• Monitoring all lease critical dates to ensure that all SCB contractual obligations are met
• Develop relationship and work closely with SCB RPM, Head Property, Internal or external Legal, Property team, Audit/ Operational Risk and SCB’s supply partners
• Working with Country AM Lead to develop initiatives, strategy at country level
• Managing the handover of SCB assets on owned and leased property with support of FM / PM
• Performing site inspections (as needed)
• Prepare business approval documents and related financial analysis
• Managing the eviction process for delinquent lease-out tenants (at SCB’s instruction)
• Ensure consistent application of property management standards
• Organise and manage property revaluation (as and when required)
• Support Country AM Lead in preparation of budget and forecast exercises
• Support Country AM Lead in audits, reporting, portfolio planning and finance management
• Build good relationship with SCB landlords/ tenants and resolve AM issues
• Document AM activities with designated software or reporting formats
• Ensure payments are as per contract obligations
• GPMS - input details in GPMS abstracts form for the transactions handled.  Review GPMS updates created by Portfolio Administration and give inputs (as and when required).
• Primary “go to” point for the Shared Services Hub/ Finance and lease administration team (where applicable)
• Other duties may be assigned.

ESSENTIAL SKILLS include the following:

• Accounting / budgeting
• Account planning
• Driving Customer Service Levels
• Proactively managing customer relationships
• Full financial analysis skills
• Demonstrates excellent understanding of customer needs
• Commercial acumen
• Excellent presentation skills
• Multi-tasking and sensitive to cross-cultural exposures
• Organising and prioritizing a large and varied workload
• Strong Communication (verbal & written) and Negotiation skills, Diplomatic but assertive

SUPERVISORY RESPONSIBILITIES

Coordinate and review work of the AM Analyst (where applicable)