Asset Manager Job

Asset Manager Role Profile

Purpose of the Asset Management role:

Asset management is concerned with two goals - to add value and drive improved returns. An Asset Manager is tasked with the strategic management of a designated pool of assets. They will typically be accountable for the performance of the asset, formulating a strategy for each asset and ensuring delivery of this via the use of internal and external teams.

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Key Responsibilities of an Asset Manager:

The responsibilities of an Asset Manager will vary depending on the nature of the company they are employed by and the type of investment profile that company has - i.e., opportunistic, value add or core/core+. Roles where more value-add work is taking place will typically be more numerical in nature, for example. Typical role responsibilities include:

  • Work-up and deliver value-add projects supporting the short, medium and long term performance goals including (but not limited to) capex programmes, new lettings, lease regears, renewals, rent reviews, dilapidations and service charge strategy. Tasks within this include:

        • Leasing of properties, usually via external agents

        • Driving forward lease regears and renewals

        • Overseeing of projects - refurbishments, reconfigurations and redevelopment

        • Overseeing the delivery of arrears targets, rates mitigation and dilapidations through collaboration with the Property Management advisors.

        • Third-party management – instruct, lead, co-ordinate and supervise external professional teams (leasing agents, lawyers, project managers).

  • Overseeing the valuation process of assets.

  • Responsible for making commercially aware and financially robust recommendations to appropriate committees.

  • Maximise the financial performance, with key measures including NRI, valuation, return on investment and total return.

  • The production of quarterly reports and production of other internal reports as required

  • Deliver appropriate cost management against Business Plan.

Candidate Requirements:

  • A property degree

  • Qualified Chartered Surveyor

  • Experience in property management (if for a role which would be a first asset management position for the successful candidate) and asset management experience (if the role requires existing asset management experience)

  • Valuation experience/understanding

  • Negotiation and leasing skills

  • Strong writing, reporting and presentation skills

  • Strong commercial acumen and market awareness

  • Numerically able including skills for working with cashflows and asset level models (typically a requirement for more value-add focused positions, particularly when either working for a PE house or in a role with a JV relationship with one)

  • Well-presented and strong communication skills


Asset Management packages vary, normally influenced by the type of company the role is working for with a varying ratio of basic salary and bonus split. Typically, more opportunistic/ value add companies will have a higher bonus allocation than a more institutional platform who would favour a higher basic salary, but of course every company is different. Packages will almost always have some benefits attached to them as well as an annual discretionary bonus. Broad salary level ranges are detailed below:

Role Seniority

Average Salary

Junior Asset Manager (1st AM role)

​£50,000 - £60,000

Mid-level Asset Manager

£60,000 - £80,000

Senior Asset Manager

£80,000 - £100,000

Director level Asset Manager

£100,000 - £120,000

Head of Asset Management

£120,000 - £150,000

  • "Lucy was extremely responsive and diligent. A pleasure to work with, I would highly recommend working with Lucy."


  • "​Having spoken with a number of recruiters during my job search, John was certainly the most knowledgeable about the surveying industry and was able to properly advise on the job spec’s role and responsibility. My experience with others was that this wasn’t always the case. John was readily available on the phone when needed and never pushed unsuitable opportunities onto me."


  • ​"I would come back again and again. John once again understood exactly my criteria and would only put something in front of me which would be the right fit. John was incredibly engaging at every step of the process and I always felt like he gave me so much of his time. When it came to securing the deal, he worked to get the salary to where I wanted it to be. "


  • ​Working with John/ Falmouth Fairfax has been a pleasure and such a great experience. I have just accepted an offer at a wonderful and very exciting company. I found John very proactive, great at communication and updates throughout the process. Would recommend to anyone looking at their next career move.

    Kathryn M

  • "I've been very with both Bronwyn and Lucy. Communication has been great and I felt like you provided a balanced view on the pros and cons of the job and general market."​

    Noah K

  • ​"Falmouth Fairfax has gone over and above expectations. I would not change a thing! Falmouth Fairfax has played a critical role in helping me secure a new role. Bronwyn was diligent and listened to my requirements throughout the recruitment process and expertly matched me to a suitable client. The team at Falmouth Fairfax has been professional throughout whilst keeping a personal and supportive approach. I would highly recomend using their services!"


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