Job description
Job Title: Asset Manager, Operational Assets, Hotels
Work Location – 22 Bishopsgate, London (Hybrid)
Contract Type: Permanent
At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.
As a future Asset Manager you will report to the Head of Asset Management UK or a Senior Asset Manager and you will be part of AXA IM Real Estate, Asset Management & Development.
AXA Investment Managers’ teams have over 30 years’ experience investing in real assets. Our approach to investing and managing real assets is built on our unique 360° view of the real assets market, together with the strong convictions we have developed over past economic cycles.
Our convictions drive our product development and shape our investment decisions. Together, they represent our long-term approach to value creation in real assets investment and management.
With about 650 people in 14 offices operating in over 20 countries, we are a truly global firm in scale and resources, yet agile and flexible to meet clients’ needs. Our teams enable us to combine global strength across the full real assets investment spectrum with a substantial local operating presence.
DISCOVER your opportunity
The Asset Manager will be part of the 15-person UK Asset Management team and will be responsible for the management and value creating of a diverse, UK wide portfolio, consisting of operational assets (Hotels/Senior Living/Student Accommodation etc) with a focus towards the hotels sector. The Asset Manager will be part of the 15-person UK Asset Management team and will be responsible for the management and value creating of a diverse, UK wide portfolio, consisting of operational assets (Hotels/Senior Living/Student Accommodation etc) with a focus towards the hotels sector.
Responsibilities:
- The Asset Manager is responsible for implementing business plans and delivering best value initiatives for their portfolio, which includes:
- Define asset strategies and create annual business plans with corresponding financial models (DCF) ensuring consistency with investors’ strategy
- Regularly interact and present to key stakeholders, including Fund Managers and Investment Committee
- Create and implement successful business plans through proactive asset management initiatives and managing third-party consultants
- Have a good understanding of management agreements. Be able to challenge P&L’s and operator costs/budgets with a focus on enhancing performance
- Oversee the successful delivery of Capex projects, refurbishment or development programs, working closely with internal and/or external advisors
- Implement asset level ESG action plans and identify new opportunities to enhance ESG performance
- Manage and liaise with property managers to achieve asset level KPI’s, ensure adherence to best management practices and work closely to resolve any disputes
- Prepare, monitor drive value across asset budgets including revenues, capex and opex, with the property managers or hotel/asset operators
- Monitor external valuations
- Monitor asset KPI’s and provide performance metrics for investor reporting
- Prepare, manage and complete asset disposals, including valuations, data room aggregation and RFP processes
- Support investment underwritings led by the Acquisitions teams and the on-boarding of new assets
- Act as a Director of SPVs, where required
SHARE your unique expertise
We welcome different combinations of skills & experiences.
Education/Qualifications:
- Educated degree in business or real estate
- RICS accreditation would be a plus
Experience:
- Relevant experience in operational assets (Hotels/ Senior Living/ Student accommodation etc) with a specific focus on the hotel sector
- Proven track record in real estate and experience in an asset & investment manager / property company / letting or investment agent / professional advisory firm in the real estate industry
- Good knowledge of local real estate market
- Good understanding of legislations and financial techniques related to real estate investments
Competencies:
- Accomplished interpersonal skills and ability to work efficiently in a team
- Self-starter with an ability to work autonomously in a result driven culture
- Strong analytical skills with a good real estate finance and valuation understanding
- Excellent communications and presentation skills
- Creative thinking, capability to develop innovative solutions
- Fluent in English
We would love to know more about you. Let’s connect! Send us your CV.
The AXA Group is a global leader in insurance and asset management, with 160,000 employees serving 105 million customers in 62 countries.
We protect and advise our clients at every stage of their lives, offering products and services that meet their needs in the areas of insurance, personal protection, savings and asset management.
Our mission: to act for human progress by protecting what matters
Our values: Customer first, Integrity, Courage and One AXA
At AXA IM we are investing with a clear purpose – to make the world a better place. We act for human progress by investing for what matters. Our conviction-led approach enables us to uncover what we believe to be the best global investment opportunities across alternative and core asset classes. We are already entrusted by our clients with more than €887 billion in assets.
AXA Investment Managers | Home | AXA IM Corporate (axa-im.com)
AXA IM is an Equal Opportunity Employer, and we encourage candidates with disabilities or any other protected characteristic to apply. We are committed to providing reasonable accommodation to qualified applicants and employees with disabilities, when needed, to apply for a position or to perform essential job functions.
Inclusion and Diversity | Careers | AXA IM Corporate (axa-im.com)
We are committed to offer you an environment where you can:
Grow your potential: be part of a forward-thinking business with internal opportunities and personalized learning paths available to help constantly develop your skills and abilities.
Shape the way you work: work for a company which is highly committed to providing flexibility & balance to its employees, offering you a large range of benefits (hybrid working, competitive health benefits, among many others.).
Thrive within a diverse community: play a role within a responsible company that actively recognizes and values individual differences in a diverse and inclusive workforce.
Move the world forward: join a responsible employer that acts in favor of societal and environmental causes as an investor, insurer and company, notably through the AXA Heart in Action association. As part of our commitment to sustainability and environmental responsibility, we will celebrate your arrival by planting a tree.