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Principal Asset Manager

Principal Asset Manager

locationEnfield EN1, UK
remoteOn-Site
ExpiresExpires: Expiring in less than 2 weeks
Full time
£55,452 - £70,452 per year
    We’re looking for an experienced Principal Asset Manager to help us optimise Enfield’s diverse commercial estate and support the delivery of excellent services for our residents.
    You’ll play a key role in managing and maximising income from a substantial commercial portfolio (part of a wider non-housing portfolio of over 1,100 assets, including c.625 commercial properties and a commercial investment portfolio currently generating around £8m p.a.).
    Reporting to the Head of Estates, you’ll lead on complex commercial asset management work, provide expert professional advice, and help shape and implement our Strategic Asset Management Plan (SAMP) and Commercial Asset Strategy.
    About the role
    As Principal Asset Manager you will:

    - Proactively manage a defined commercial asset portfolio (e.g. retail, industrial, rural or mixed-use), ensuring it is fully occupied, well-balanced and delivering optimal return.
    - Lead and manage a wide range of commercial property transactions, including lettings, lease renewals, rent reviews, service charges, landlord consents, dilapidations, breaches of covenant and income/debt management.
    - Identify opportunities to increase income, reduce voids and manage risk, ensuring full market rent is achieved wherever appropriate.
    - Support and challenge colleagues to develop innovative approaches to the use and optimisation of assets, including re-purposing assets and creating new income streams.
    - Work closely with the Head of Estates and Head of Disposals on option appraisals, disposals, acquisitions, development agreements and joint ventures, including business plans for vacant, surplus and retained assets.
    - Contribute to annual asset valuations and ensure compliance with RICS and CIPFA guidance, working closely with Finance on capital accounting requirements.
    - Provide specialist property advice to senior officers and Members, and support major regeneration and development schemes in the borough.
    - Represent the Head of Estates and deputise when required, including attending internal and external meetings, committees and partnerships.

    You’ll also help champion our corporate values and behaviours within Property Services – building a culture of trust, collaboration, continuous improvement and high performance.
    About you
    We’re looking for someone who can combine strong technical expertise with confident leadership and excellent stakeholder skills.
    You will have:

    - Extensive experience in asset/estate management and commercial/public sector surveying, including valuations, acquisitions and disposals, rent reviews, lease renewals, ratings, compensation and estate management across a diverse commercial or mixed-use portfolio.
    - A proven track record of managing large commercial/investment portfolios to generate growth, maximise income and realise commercial potential.
    - Experience of successfully delivering projects and programmes to time and budget, managing competing demands and external consultants where required.
    - Strong analytical and problem-solving skills – able to interpret complex data, see the bigger picture and make informed decisions.
    - Excellent negotiation, influencing, report-writing and presentation skills, with the ability to explain complex property issues clearly to a range of audiences, including senior officers, Members, partners and tenants.
    - A good understanding of relevant legislation (e.g. Local Government Act, Landlord and Tenant Act, Health & Safety legislation) and sound commercial and financial acumen.
    - The ability to engage, coach and motivate others, setting clear expectations and providing constructive feedback.
    - Experience of working collaboratively across services and with external partners, and an understanding of the political context and role of elected Members.

    Qualifications

    - Member or Fellow of the Royal Institution of Chartered Surveyors (MRICS or FRICS) with several years’ post-qualification experience.
    - A relevant RICS-approved property-related degree or equivalent professional qualification.
    - A clean uk driving licence and access to a vehicle (or suitable alternative travel arrangements) for site visits.

    Contact Details -
    If you would like to know more about the role, please contact James Raven on 02081320842 for an informal discussion or to arrange a visit to the team.
    If you have any difficulties accessing this information, please contact Farida Uddin on 0208 132 1027 or email farida.uddin@enfield.gov.uk
    We do not see your name or title when shortlisting your application. This is one of many initiatives to build a more talented and diverse workforce. However, if you put your name on your CV or Statement it will be visible to us. For this reason, we ask that you do not include your name on these documents. Please note it is your responses to the Essential/Desirable criteria, as detailed in the Job Description and Person Specification which is available on the job advert, that will determine if you are shortlisted for an interview, therefore we encourage you to always address the essential and desirable criteria in your application/CV.
    We are passionate about our people and how we deliver services to our community in Enfield. That’s why we encourage a culture that puts our customers at the heart of everything we do - by empowering our people to work together to find solutions, be open, honest and respectful, take responsibility and listen and learn. If you value these behaviours too, we’d love to hear from you - and of course we are always happy to talk flexible working, click here to find out more.
    Why it's great to work for Enfield Council:

    - An excellent pension through the Local Government Pension Scheme (LGPS).
    - Up to 32 days annual leave depending on grade and length of service. You will also get eight public holidays per year and an extra day off at Christmas.
    - A blend of remote and office based working for most roles.
    - Interest free season ticket loan repayable over three or ten months.
    - Career development and learning experiences from a range of training courses and learning methods.
    - Employee Assistance Programme to provide advice and counselling services. This is a free and confidential service available to staff and members of their family.
    - Health and leisure discounts and tax-free bikes for work.
    - 1 month's paid sabbatical for registered Social Workers working in Children's Social Care.

    We reserve the right to close this vacancy once a sufficient number of applications have been received. Therefore, we advise that you complete fully and submit your application as soon as possible to avoid disappointment.
    If you have previously applied for this role within the past 6 months, unfortunately, a second application will not be considered.

    Salary range

    • £55,452 - £70,452 per year