CareerFinders, on behalf of our client, a newly established company created to provide a full range of loan and real estate management services for one of Europe’s leading investors, we are seeking to recruit a highly experienced, dynamic and senior-level Head of Asset Management to join their team in Nicosia.

Key Duties/Responsibilities:
 

• Defines the long-term strategy for the large assets as well as the short-term objectives that are imperative to ensure assets achieve maximum liquidity.
• Identifies and executes value add opportunity within the portfolio.
• Prepares detailed projections of returns of various scenarios to access which strategy optimises returns.
• Oversees complex capex and builds out projects from a strategic and commercial perspective.
• Develops and executes lease up strategies for large commercial real estate asset.
• Oversees borrower led and JV development projects to ensure delivery of consensual workout strategies and control of cost.
• Liaises with the Head of Real Estate and prepare action plans for assets.
• Maintains close contact and assign work to external consultants in line with the existing action plan.
• Explores structured transactions and supervises the asset management team to execute.
• Supervises and manages the asset management team to enhance asset value and liquidity.
• Reviews teasers and action plans prepared by borrowers or the asset management team.
• Maintains communication with various associates across the Real Estate Management Unit and from other functions (i.e. legal, operational).
• Liaises and coordinates with other teams internally for the execution of actions, as part of the agreed asset action plans, and/or the asset disposal team to ensure the assets are placed in the market.
• Creates real estate portfolio budgets and provide regular financial forecasts.
• Provides senior management with asset management reports.

 
Key Skills/Experience:
 

• BA/BS in Finance, Real Estate or any other related field.
• 8+ years of professional experience in asset management.
• Strong background and understanding of asset management practices including budgets, operations, and maintenance.
• Track record in overseeing and/or maintaining mutually beneficial relationships with a range of third parties.
• Skilled at developing and executing on strategic solutions and systems, in support of asset management and business unit goals and objectives.
• Excellent knowledge of the local property market.
• Impeccable integrity and ethical standards.
• Organizational and time-management skills.
• Able to communicate clearly and effectively to all levels within and outside the Company.
• Advance Microsoft Excel is a must.
• Excellent command of the English language, both verbal and written.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the reference number CAR4344. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy