Job Description
About the Opportunity
Job Title: Portfolio Manager
Role Purpose and Summary: This newly created role will play a crucial part in managing Group’s on-balance sheet investments comprising principally ca. 2,000 beds under sale and leaseback arrangements alongside minority interests in two Joint Ventures which equate to a further 1,665 PBSA beds.
The role has three distinct focuses:
- Strategic management: of the Group’s investment interests in order to maximise long term value through exits.
- Operational focus: day to day management of the portfolio, working collaboratively with key internal and external stakeholders to drive performance.
- Growth strategies: Working with the Group Investment Director on new growth opportunities.
This role also includes the oversight of the existing landbank, alongside oversight of the “for sale” homes strategy.
Responsibilities
- Manages interests in joint ventures on a day to day basis.
- Actively looking to enhance value across the assets whilst also managing the Group’s risk profile.
- Overarching responsibility for successful delivery and mobilisation of projects.
- Working collaboratively with Project Services/Delivery to track progress and deal with operational issues.
- Work collaboratively with Homes team on “homes” strategy alongside landbank.
Reporting
- Implement and manage reporting on JV positions, liaising closely with Finance.
- Ensure effective management of Group’s land bank and homes assets.
- Maintain accurate records and prepare reports in the most appropriate format for various forums, meetings, committees and other groups, in line with reporting cycles.
Engagement
- Engage as required with internal stakeholders alongside external debt and equity partners.
- Attend industry events where appropriate and act as a spokesperson.
- Work with the Group Investment Director on new asset management opportunities.
About You
Person Specification:
Key Behaviours
- Insight - Seeing the bigger picture
- Collaboration - Working together
- Improving & Change - Being better at what we do
- Managing Quality - Process, procedures, compliance
- Decision Making - Taking considered logical actions
- Integrity & Responsibility - Doing the right thing
- Communication & Influence - Being clear & using the right method
- Pace & Planning - Delivering results on time
- Equality & Diversity - Respecting difference & inclusivity
Role Specific Strengths
- Decisive
- Negotiator
- Networker
- Organiser
- Strategic
- Communicator
Eligibility
Training & Qualifications
- Educated to Degree Level in a related discipline OR significant and substantial experience in a relevant profession - Essential
- Evidence of undertaking training, learning or other activities to maintain professional status or keep abreast of developments, trends and best-practice in the profession and industry - Essential
- Holds chartered / registered / certified status in the profession - Desirable
Knowledge & Skills
- Excellent interpersonal, communication skills and business acumen - Essential
- Knowledge of asset management - Essential
- Understanding of fiduciary responsibility - Essential
- Knowledge of construction principles - Essential
- Knowledge of residential capital markets - Essential
- Ability to anticipate risks and provide sound, reasonable advice that stands up to challenge - Essential
- Ability to act assertively to support a point of view, negotiate, influence decisions whilst maintaining respect and healthy, positive working relationships - Essential
- Ability to compile reports and present information in an accurate, logical format - Essential
- Knowledge of the construction and development industry - Essential
- Ability to use Microsoft Office Applications - Essential
Experience
- Experience of working in the Residential for Rent sectors - Essential
- Experience of working within asset/portfolio management - Desirable
- Experience of maintaining networks of key contacts and working with multiple internal and external stakeholders - Essential
- Experience of working to tight schedules with competing priorities to deliver projects on time and in line with client requirements - Essential