Head of Asset Management

7 days ago

Sandton, South Africa Growthpoint Properties Full time

Job Purpose

To systematically acquire, develop, refurbish, redevelop, and dispose of assets as well as manage assets held in order to achieve the greatest total return for the benefit of all stakeholders. The incumbent would report to the Head: SA Asset Management and would be required co-ordinate, liaise and collaborate with the Chief Operating Officer.

Who The Position Reports To

The Head of Asset Management: Retail reports to the Head: SA Asset Management: SA

Direct Subordinates

The position, currently, has the following 4 direct reports

a) 3 x Asset managers
b) Personal Assistant

Duties & Responsibilities

**1.** **Perform Asset Management Function**

a) Participate as member of SA Exco

b) Participate on the following committees:

- Deal Forum
- Property Committee

c) Compile reports, analysis and specific tasks as may be required by the Board, Property Committee, any Board Sub-Committee, Exco Committee or as directed by the Head: SA Asset Management: SA

d) Adhere to and ensure that direct reports adhere to relevant levels of authority.

e) Perform corporate management functions in accordance with policies, procedures and legal requirements

f) Perform corporate management functions within the allocated time frame

**2.**
**Manage Co-owned Properties**

2.1. Responsible for asset management function of co-owned properties:
a) Provide guidance to Portfolio Managers
b) Participate in Co-Owner meetings and attend ad hoc and development meetings
c) Provide strategic direction
d) Ensure accurate accounting for pro-rata profit share calculations and distributions
2.2. Manage co-owned properties in accordance with policies, procedures and legal requirements

**3.** **Perform Asset Management Function for External Clients**

a)Perform asset management function for external clients as per specific applicable asset management agreements

**4.** **Manage budget**:
a) Keep abreast of economy and market in order to identify key threats and opportunities.
b) Analyse the business plan and investment strategy for the Group to obtain budget guidance for the sector
c) Determine mandate for Asset Managers to achieve growth expectations for the Sector
d) Compile the consolidated budget, through collaboration with Asset Managers and Sector Accountant, in accordance with the budget guidelines
e) Submit the budget for approval to the Executive Directors and the Property Committee in accordance with policies and procedures
f) Monitor and control the expenditure against the budget to ensure that spending occurs within the budgetary restrictions
g) Ensure that spending is approved in accordance with procedures
h) Compile the monthly asset management and financial report

i) Monitor portfolio performance against budget on a monthly basis and take necessary remedial measures, if required

**5.** **Manage Human Resources**

a) Analyse the business plan to determine the human resources requirements, in accordance with the expected deliverables and monitor the implementation of recruitment and/or rationalisation programmes
b) Implement Growthpoint’s approved transformation plan
c) Conduct the Performance Planning and Performance Management for direct reports
d) Provide mentoring to senior staff members

**6.** **Investment Research & Strategy**

a) Collaborate with the Head: SA Asset Management to formulate an investment strategy for Growthpoint SA, across sectors and geographic location.

b) Conduct in-depth research, in consultation with the Head: SA Asset Management and the Research Department, in respect of
- Investment trends
- The Sector’s performance
- Threats and opportunities

c) Conduct SWOT analysis at building/shopping centre level in order to draft specific asset management strategy for each asset

d) Evaluate performance of each investment and make recommendations in respect of non-performing assets

e) Manage the implementation of the asset management in accordance with policies and in terms of Delegations of Authority

**7.**
**Maximize return on investment**

a) Manage assets
- Ensure that the Retail Sector performs in line or better than MSCI benchmarks
- Dedicated focus on maximising return on investment and capex
- Assisting in the drafting and implementation of policies and procedures applicable to the sector and the business as a whole

b) Manage acquisitions
- Identify investment opportunities meeting Growthpoint and the Sector’s investment criteria
- Conduct comprehensive feasibility studies and due diligence processes

c) Manage disposals
- Implement the Investment strategy as devised in terms of disposals
- Develop disposal strategy including compilation of sales budgets and price determination

d) Identify and manage development opportunities in collaboration with the Development division:

- Manage extensions and redevelopments of existing centres i.e. timing, feasibility, tenant liaison and financial control
- Analyse Greenfield developments to assess suitability in terms of location, viabi

  • Head: Sa Asset Management

    7 days ago

    Sandton, South Africa Growthpoint Properties Full time

    A. Job Purpose Develop an overarching investment strategy for the Growthpoint RSA investment property portfolio that coordinates the respective RSA property sectors strategies and oversees the execution thereof incorporating the impacts of developing market trends. Ensuring the investment property portfolio returns are optimised with a focus on meeting the...

  • Property Market Analyst

    5 days ago

    Sandton, South Africa Growthpoint Properties Full time

    **Job Title** Property Market Analyst **Job Purpose** Provide financial & strategic support and analysis to teams within departments to help them reach their strategic objectives. Further, support investment strategy decisions through quantitative and qualitative research mechanisms. **Reporting Manager** The Property Market Analyst reports to the Head...

  • Asset Administrator

    1 week ago

    Sandton, South Africa Broll Property Group Full time

    **POSITION PURPOSE** 1. The Asset Administrator is responsible for: a. Asset Label Management: Obtaining quotations and approval for quotations for asset labels and ordering once approval is obtained. Distribution of labels. Maintain label register of labels received and distributed. b. Clean-up of asset data: Review assets on Concept Evolution for Client...

  • Asset Liability Risk Manager

    5 days ago

    Sandton, South Africa Independent Insurance Agents of Wisconsin (IIAW) Full time

    Job Description:The primary objective of this role is to ensure the effective management of asset and liability risk within our organization. This includes providing expertise in risk supervision and regulation, specifically relating to liquidity risk and interest-rate risk in banking and insurance companies.Key Responsibilities:Review and evaluate insurance...

  • Head Credit: Commercial Asset Finance

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary The...

  • Head: Collections and Arrears Management

    6 days ago

    Sandton, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: As the custodian of the collections function, the Head of Collections and Arrears Management (HCAM) plays the crucial role of overseeing the collections process for company Asset Finance. The HCAM must work closely with key stakeholders within the company Group to develop and implement policies and practices aimed at recovering...

  • Head: Data Management and Governance

    3 days ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...

  • Head of Research

    2 weeks ago

    Sandton, South Africa Scorpex Recruitment Full time

    **Head of Research (JSE-Listed Property & Food)** - Coordinate JSE-Listed Food and Property research function for Asset Management clients - Produce research on listed food producers - Develop and market an analyst enterprise development program - Develop a sponsored research offering to JSE and other exchange-listed stocks with no...

  • Head: Fleet Sales

    7 days ago

    Sandton, South Africa Bidvest Bank Full time

    **To our future Head: Fleet Sales** Do you enjoy solutioning for customers, are you adept at managing large corporate fleets and believe you are unparalleled when it comes to delivering on executive sales strategies? At Bidvest Bank we know that to achieve our strategic objectives and deliver on our vision to change the way banking is done, we need new...

  • Head of Treasury

    1 week ago

    Sandton, South Africa Bright City Talent Full time

    The HEAD OF TREASURY is ultimately responsible for supporting the business cash requirements to ensure money is in the right place at the right time to achieve the business’ cash goals. Treasury specific tasks include cashflow forecasting, liquidity management, day to day cash management activities, and weekly and monthly reporting. The Head of Treasury...

  • Global Multi-asset Investment Analyst

    1 week ago

    Sandton, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To assist the Head of Global Multi-Asset Strategy in researching global macro and investment trends to further understand the drivers of investment performance across asset classes globally**experience and qualifications**: - Bachelors Degree in Investments, Economics,...

  • Head of Energy

    5 days ago

    Sandton, South Africa Growthpoint Properties Full time

    **Job Title**: Head of Energy **Job Purpose** To lead and manage energy initiatives across Growthpoint assets, focusing on rooftop solar installations, power purchase agreements, and renewable energy expansion. This role ensures energy efficiency, sustainability, and operational excellence while contributing to reduced energy costs and environmental...

  • Executive Head of Kitchen Operations

    4 days ago

    Sandton, South Africa Chef International Company Full time

    About The JobAs the head of our culinary department, you will be responsible for ensuring the highest quality standards are met across all our menus. You will work closely with our team to estimate food requirements, manage kitchen staff, and oversee the entire culinary operation.Your expertise in menu modification and creation, cost estimation, and...

  • Head Data Management: Global Markets

    4 days ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...

  • Risk Management Product Strategist

    4 days ago

    Sandton, South Africa Nedbank Head Office Full time

    Key Responsibilities- Define and prioritize the product backlog with focus on AML.- Collaborate with stakeholders to refine AML-related backlog items, ensuring risk and compliance needs are addressed.- Ensure the backlog is visible, transparent, and clear to all.- Align AML features with regulatory expectations and business needs.This is an exciting...

  • Programme Manager: State Asset Optimisation

    3 weeks ago

    Sandton, South Africa IDC Full time

    **Job Description** JOB PURPOSE**: This role entails facilitating the maximisation of government’s property portfolio to increase public sector infrastructure investment and development, in line with the National Infrastructure Plan 2050 and other national objectives. This will be done through the Refurbish, Operate and Transfer Programme that is aimed at...

  • Head of Actuarial

    7 days ago

    Sandton, South Africa Boikago Group Full time

    **Job Details**: - Department Actuarial- Minimum experience Director- Company primary industry Financial Services- Job functional area Management- Salary R1 100 000 - R1 600 000 per annum**Introduction** A financial services company offering short term insurance solutions is looking for a Head of Actuarial to be based in Sandton, JHB North**Purpose of the...

  • Head of Programme: Law

    2 weeks ago

    Sandton, South Africa The Independent Institute of Education Full time

    The IIE (Pty) Ltd is the registered provider of higher education which is offered through the following educational brands: Varsity College, Vega, Rosebank College and the IIE MSA Campus. The Independent Institute of Education’s Central Academic Team is responsible for the academic leadership and governance of the work done at the brands while each brand...

  • Head of Actuarial Reporting

    5 days ago

    Sandton, South Africa Sanlam Full time

    About UsWe're a leading provider of financial services in Africa, operating in 27 countries. Our focus is on life insurance, general insurance, retail credit, health, bancassurance, and asset management. At Sanlam, we pride ourselves on having a dynamic and inclusive culture.Job SummaryThe successful candidate will report to the Sanlam Head of Actuarial...

  • Investment Banker: Special Asset Management

    2 weeks ago

    Sandton, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary As...