Asset Manager - Real Estate (Germany)

M&G plc.
Frankfurt am Main, Germany
Jul 07, 2022
Jul 21, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

The Role:
The M&G Real Estate team in Germany are recruiting for an Asset Manager to join their busy and dynamic team in Frankfurt. The Asset Manager will support the country representative primarily in asset management by working closely and assisting with the Investment and Asset Management team to oversee developments for Germany and Central and Eastern Europe (Poland). Other tasks for this role include accompanying investment transactions e.g., the acquisition and sale of assets and reporting.
This is an excellent opportunity for someone to become a part of and contribute to M&G's global reputable brand with an exciting vision: to become the best loved and most successful savings and investments business.

Key Responsibilities for this role:
  • Assist with the implementation of existing asset strategies
  • Support in the property management, leasing management, capital expenditure, health & safety responsibilities and sustainability initiatives of the managed portfolio
  • Provide oversight of the investment pipeline to identify potential investment opportunities and assist with the initial screening using financial modelling
  • Collaborate and maintain regular reporting to the London based Fund Management team, Finance team and external valuation team
  • As appropriate, participate in selected site visits and meetings with tenants, property managers, letting agents, vendors and advisers
  • Support with -
    • the preparation of and tracking of asset plans and asset budgets.
    • compliance of policy and procedures.
    • presentation preparation.
    • accurate filing of all property related documentation.
    • monitoring of development projects.
  • In time, transition into providing support as part of the due diligence stage of selected acquisitions/sales, including participation in the selection and monitoring of external advisers, the production of reports, liaison with FM and relevant teams within M&G, etc.
  • Work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G's operational risk.

Key Knowledge, Skills & Experience:
  • A bachelor's or master's degree in Engineering, Architectures, Real Estate or other related disciplines.
  • Fluency in German and English is essential.
  • 5 years of experience working in Financial / Real Estate services.
  • Experience in CORE and in the Residential property segment (PRS).
  • Direct experience with developments, refurbishments for all commercial asset classes as well as a good understanding of the Residential, PRS and Student Housing asset class would be highly regarded.
  • Technical knowledge of financial modelling including MS Excel, and knowledge of Yardi and/or Argus is beneficial.
  • Demonstrable quantitative analytical skills through experience or studies.
  • Excellent communication and interpersonal skills.
  • Ability to work autonomously and in a small team.

Key Work Level Accountabilities - Manager or Expert
  • For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
  • For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
  • Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
  • Manages conflicts that may impact delivery
  • Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
  • Identifies and anticipates need for changes to continuously improve quality and efficiency of output
  • Manages resources and risks using expert judgment, know-how and experience

Work Level: Manager / Expert
Recruiter Name: Suzie Threlfall
Closing Date: 30th July 2022

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things

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