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.
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:
We are currently recruiting for an Asset Manager to join a busy and dynamic team in Madrid (Spain) to support the Country Representative primarily in asset management and engage in other tasks including; underwriting, investment analysis, acquisitions and reporting.
Working closely with the Investment and Asset Management Team, you will assist with asset management and oversee developments for the Iberian region. In addition, you will support with transaction activities, for example, the acquisition and sale of new assets in Spain and Portugal, and work with the wider European Real Estate Team.
Working with M&G; in our Madrid office means becoming part of a brand with a integral reputation and an exciting vision: to become the best loved and most successful savings and investments business.
Key Work Level Accountabilities:
Experienced Colleague:
- Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
- For team leaders, accountable for ensuring the team the role supports are delivering a quality service or product
- Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
- Delivers outputs that are clearly defined, using discretion over how to achieve them
- Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations
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 master’s in engineering, Architectures, Real Estate or other related disciplines.
- 7-10 years’ experience working in Financial / Real Estate services.
- Experience in Value-Add actions with preference for VA Funds would be strongly valued.
- Fluency in Spanish and English is essential. Portuguese would also be an advantage.
- 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 A