Embassy Careers

Asset Management Associate

  • operation Asset Management
  • operation Bengaluru

COMPANY: Embassy Investment Management Services LLP

Job Purpose:

This position is responsible for providing insights during investment evaluations and managing the asset portfolio until exit. This role will also provide the opportunity to source, evaluate, structure, and present new transactions to the investment committee.

Key Responsibilities:

  • Be a part of the commercial real estate portfolio management function, formulating and delivering on the annual business plan for the operating portfolio
  • Responsible for preparation of quarterly review materials/investor reporting for the operating portfolio, combing asset and portfolio level performance updates along with relevant market updates and intelligence
  • Take responsibility for the annual portfolio-level budget; reviewing and approving asset-level budgets, business plans and assumptions, and consolidating these into the portfolio level budget for approval
  • Use a data-led approach to inform portfolio strategy, budgeting and forecasting; direct the relevant teams in collecting and analyzing property and market-level data in keeping with industry best-practice
  • Identify and implement various portfolio-level and asset-level initiatives to deliver on the investment strategy, including initiatives in the areas of data analytics, technology, sustainability, human resources, tax and structuring
  • Direct asset management, leasing and in-house / 3rd party property management teams in order to maximize revenues & collections, improve occupancy, and reduce operational / capital expenditures
  • Manage stakeholder relationships, overseeing debt negotiations, development and project management updates, lease closures as per targets, ensuring value maximization
  • Assist the financial controller in managing operating portfolio’s loan book, maintaining lender relationships, overseeing loan compliance, negotiating refinancing etc.
  • Review all leasing recommendations, funding requests etc. and presenting the same to the investment committee/contributors/board as required
  • Attend regular asset review meetings, acting as the senior-most owner’s representative and ensuring alignment with the established goals and KPIs
  • Oversee asset and portfolio-level performance measurement, valuation and hold/sell analysis
  • Support senior management in capital raising discussions
  • Ensure the highest level of corporate governance at all times, working in strict compliance with the company’s constitutional documents, procedures and policies
  • Additional investment responsibilities - Sourcing, evaluating, structuring potential transactions, and preparing notes to present to investment committee
  • Appointment of consultants for monitoring
  • Coordination with finance and other teams, etc for investment/divestments

Supervision:

  • Direct Reports
-
  • Dotted Line Reporting
-

Key Interfaces

  • Internal / Group
AIF Team, M&A, Debt, Leasing Team, Projects and Operations
  • External
IPCs, Consultants, Legal, Investors, Developers

Qualifications and Work Experience:

  • Qualified CA (First Attempt) /MBA from Premium A grade/Tier 1 institute a must
  • 5+ years (post qualification) with PE firms /investment banking/corporate finance/work with a big 4 consulting firm
  • Proficiency in Advanced MS Excel (financial modeling) and MS Powerpoint is a must
  • Sound knowledge of other MS Office applications and MIS/ business reporting systems.

Knowledge, Skills and Competencies:

  • Sound knowledge in real estate investment and development background
  • Well aware with regulatory guidelines & latest updates in the AIF regulations.
  • Deep understanding of real estate sector dynamics in India with a focus metro-cities
  • Excellent communication and influencing skills; And, strong written communication skills
  • Ethically very strong with high governance standards
  • Planning, organizing and management skills
  • Experience in working and delivering in matrix organization
  • Highly motivated and self- directed
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