Senior Portfolio Manager and Senior Transaction Manager

Job Description

KEY RESPONSIBILITIES

She or he shall perform the following responsibilities under instructions and supervision by Head of Japan Real Estate.

Portfolio Management

•              Manage the invested asssets, monitor revenue and expense, instrut property managers to maximize the value of assets.

•              Protect investors' interests in all aspects of leasing, rent review, prepare annual business plan, leasing plan, capex plan and operating budgets for each asset

•              Approve leasing proposals and capital expenditures submitted by property managers and monitor the cash flow from properties

•              Review, approve and process monthly operational expense payment requests by property managers

•              Prepare and process quarterly payments by the asset holding GKs and TMK such as loan interests, asset management fees, administration fees and other fees

•              Ensure monthly and quarterly reporting requirements as required in the trust agreements and the loan/project agreements to trust banks and lenders are fulfilled timely on due dates

•              Compile quarerly KPI figures for quarterly asset management reports for submission to investors.

•              Obtain appraisal reports and submit it to lenders and investors

•              Execute non-recourse loan refinancing (once every 5 years) and conduct due diligence as required

•              Plan, obtain budget approval from investors and take ESG related actions. Compiling data for submissions to GRESB (Global Real Estate Sustainability Benchmark) susrvey once a year.

Real Estate Transaction Leadership (as Senior Transaction Manager)

•              Source and underwrite properties for acquisiton

•              Manage and lead investment process by negotiating with sellers, brokers and lenders.

•              Responsible for preparing quick scan (UW file) and investment memo for submissions to investors.

•              Responsible for leading due diligence processes from registering pipeline properties to the list, executing confidentiality agreements, receiving data, arranging due diligence venders such as tenants AML screening vend er, engineering surveyers, appraisers, boundary surveyers and judicial scrievenr.

•              Arrange and attend on-site visits by due diligence venders, lenders and trust banks.

•              Provide data to and respond queries from due diligence venders, lenders and trust banks.

•              Input key figures including rent roll information into underwriting excel files

•              Procure non-recource loans from lendres

•              Prepare and execute closing documents and closing payment

Risk Management

•              Maintain up-to-date knowledge of compliance and dealing procedures

•              Comply with all regulatory, legal, corporate and client mandates

Training and Development

•              Build and maintain knowledge of abrdn internal operational process

•              Participate and attend Continual Professional Development opportunities in order to maintain knowledge and skills

Key Attributes for the Role

•              A good bachelor's degree

•              Excellent command of Japaenese and English both in writing and speaking

•              Over 10 years' experience in the real estate industry

•              Results-oriented and able to multi-task effectively in an extremely fast-paced environment, and work well within a team as well as independently

•              High attention to detail and an excellent problem solver

•              Be flexible and willing to learn from both internal team members as well as external counterparties.

•              Collaborative nature as Senior Portfolio Manager will work with various external counterparties such as accounting firms, property managers, lenders and trust banks

•              Excellent communication and interpersonal skills

•              T earn player with ability to manage own workload

•              Flexibility, adaptability, and respect for others' views

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment.  We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance.  We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.