Real Estate Asset Manager

On behalf of Deutsche Bank DWS, we are looking for aReal Estate Asset Managerfor an initial 6 month contract based in the banks Canon street offices, on a hybrid working model of 3 days per week from the office and the rest working from home on a day rate PAYE engagement.

Deutsche Bank is a global banking business with strong roots in Germany and operations in over 70 countries. Their large but focused footprint gives an established position in Europe plus a significant presence in the Americas and Asia Pacific. There are four business divisions: the Corporate Bank, the Investment Bank, the Private Bank and the Asset Manager DWS. There are also a number of highly skilled functions performing key management tasks.

'Together we're sharing new perspectives and transforming what it means to be a bank.'

DWS Group (DWS) is one of the world's leading Asset Managers with EUR 880bn of assets under management (as of 30 September 2021). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management - as well as our deep environmental, social and governance focus - complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

You'll be working for the global property arm of DWS with Real Estate assets of approximately €60 billion AUM worldwide, including €7.9 billion AUM in the UK and Ireland. The UK team manages a wide range of accounts and strategies on behalf of a global client base of international investors, with the Asset Management team responsible for overseeing a portfolio of UK and Irish properties.

You will be assisting the existing Asset Managers with discrete projects across the portfolio, covering a range of property sectors.

Key responsibilities

It is expected that your involvement will focus on assets from the main commercial asset classes (offices, retail and logistics). There may also be some potential to assist with residential and student living initiatives.

You will assist the team by working on the following types of projects:

• Working with third parties (eg leasing agents; solicitors; managing agents; building surveyors) to complete asset management initiatives such as reletting; lease extensions; dilapidations and negotiations with outgoing tenants.
• Managing external property managers to ensure collection of rental income and compliance by tenants with lease covenants.
• Maintaining a good working relationship with tenants of the assets, and any other external stakeholders.
• Providing recommendations in accordance with client mandates including monitoring of investment performance and financial analysis.
• Preparing, annual asset business plans including capital and operational expenditure budgets.
• Writing and coordinating quarterly asset management reports to clients.
• Assisting with the tender, selection and appointment of external specialist advisors to provide professional services e.g. rent reviews, lease renewals, planning and legal advice, building surveying and technical services
• Conducting cash-flow modelling and financial analysis on specific transactions, including tenant covenant analysis.
• Where necessary, assisting with team-wide initiatives for the UK and European asset management teams.
• In each case, you will be trained on the relevant systems and processes used by the UK Asset Management Team.

Skills and Qualifications

• Extensive experience of UK commercial Real Estate.
• RICS qualified.
• Successful track record in the execution of Asset Management strategies across the UK, which includes skills in leasing, property operations, project management, refurbishment and redevelopment, negotiations, financial analysis and reporting, all while effectively managing risks
• Sound experience and knowledge of all aspects of UK Landlord, Tenant and Property Law.
• Experience of managing operational Real Estate is an advantage.
• Experience in managing external consultants teams.
• Strong analytical and financial modelling skills, including cash flow modelling and able to interpret financial statements and management accounting.
• Strong computer skills and capabilities.
• Strong written presentation skills
• A collaborative team player.
• Self-motivated and able to work to deadlines.
• Able to be an effective external ambassador for the team and for DWS.

Deutsche Bank's Values

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

This client will only accept workers operating via a PAYE engagement model.

AMS's payroll service is in partnership with Giant, we have worked with them for many years and have good processes in place to ensure you get the best service. If you are successful in your application for this role, your contract will be via Giant.