ABRDN

Asset Manager, Japan Real Estate

Tokyo Full time

Job Description

Job Description

Who we are

Aberdeen Investments is part of Aberdeen Group plc, one of the UK’s leading Wealth & Investments groups.

Strengthening talent and culture is one of our strategic priorities. We strive to make Aberdeen a great place to work so that we can attract and retain the industry’s best talent.

Our people put our stakeholders at the heart of everything they do by helping us to make a positive difference to the lives of our clients, customers, colleagues, shareholders and society.

We are repositioning our specialist asset management business to meet client demand and are committed to providing excellent client service, supported by leading technology and talent.

As a global business, Aberdeen consists of three divisions: Investments, Adviser, and interactive investor (ii). Each division is dedicated to meeting and adapting to our clients' evolving needs.

Our Asia Pacific Investments business has a large, dedicated and highly experienced investment team which has been investing across the region since 1985, and manages all our Asian products, including regional, country, smaller companies, and sustainable investing propositions.

The team has a strong regional footprint with offices in Singapore, Bangkok, Kuala Lumpur, Tokyo, Hong Kong, Shanghai, Seoul, and Sydney. This breadth gives us close proximity to the companies we own and the markets we invest in. Our APAC operations have been based in Singapore since 1992. We invest in Asian companies to grow with them and to help them to become better investors

Reporting functionally to the Head of Japan Real Estate with a dotted line to the Country Head Japan.

KEY RESPONSIBILITIES

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

Asset Management

  • Manage the invested assets, monitor revenue and expense, instrut property managers to maximize the value of asset teams
  • Protect investors’ interests in all aspects of leasing, including performing rent review, review and approve the 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 the properties
  • Review, approve and process requests for payment of monthly operational expenses by property managers and prepare payment instructions to trust banks
  • 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
  • Provide quarterly KPI figures to Portfolio Manager who compiles quarterly asset management reports to investors.
  • Obtain appraisal reports and submit it to lenders and investors one a year.
  • Assist the team to execute non-recourse loan refinancing (once every 5 years)  and arrange due diligence as required
  • Learn and execute ESG related actions and assist the team in compiling data for submissions to GRESB (Global Real Estate Sustainability Benchmark) survey once a year.

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 aberdeen 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 or an associate degree (2-year college degree)
  • Excellent command of Japanese language both in writing and speaking
  • Over 5 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 the Asset Manager will work with various external counterparties such as accounting firms, property managers, lenders and trust banks
  • Excellent communication and interpersonal skills
  • Team player with ability to manage own workload
  • Flexibility, adaptability, and respect for others’ views
  • Basic English skills

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.