17 Mar
2023
Full-Time Commercial Mortgage Asset Manager – Cairo
Job Description
Directly under the Principal of Progress, the Asset Manager is responsible for overseeing the operational elements of every project currently under development. When it comes to leasing, marketing, hiring, launching new initiatives and operational property performance – the Asset Manager is in charge of it all. Our ideal candidate is a self-starter with a strong sense of purpose who excels at problem solving while also paying attention to the smallest of details. It is also necessary to have excellent communication abilities, both verbally and in writing.
Job Title : Commercial Mortgage Asset Manager
Location : Cairo, Cairo, Egypt
Salary : $ 24.88 per hour.
Company : Zurich Insurance Company Ltd.
Job Type : Full-Time
Qualifications:
- All possible possibilities for the asset’s life cycle, from acquisition to disposal, as well as investor returns, should be included while modeling the asset. Begin and supervise the annual budgeting, strategic planning, and forecasting processes.
- The Public Works Department is actively promoting best practices in infrastructure asset management in a strategic and practical way. This involves educating employees on how to utilize and get the most from asset management software.
- For the purpose of distributing information to the public and county staff. Infrastructure asset management might be the county’s representative on a variety of boards, committees, and associations.
- Develop and execute daily operational, market position and disposal plans for each asset using strategic business concepts.
- A specific focus is made on pre-payments, balloon payments, and maturing loans, which are examined for affordability preservation and possible Business Development refinancing possibilities.
- Asset data, such as serial numbers and tags, must be accurately, comprehensively, and auditably recorded in a configuration management database (CMDB).
- From the time of procurement to retirement, develop and execute methods and procedures for recording and analyzing technical and financial data on business hardware.
- To get the most out of your investment and optimize your return on it, improve the usefulness of underused technology assets.
- To make sure that the company is getting good service from its tenants, the person in charge of these relationships should lead them. Leasing brokers, lawyers, and lenders can help you negotiate lease terms with high-profile tenants. Make sure you have good relationships with these people so that you can do this
- Use cash flow forecasts to recommend capital calls and dividends to investors. Keep escrow and operating cash accounts well funded to prevent overdrafts.
Skills:
- Knowledge of word processing, spreadsheets, databases, and presentations. Able to use MS Office and the internet (Microsoft Word, Excel, PowerPoint)
- The ability to operate effectively in a team setting and collaborate with coworkers, suppliers, and other cross-functional groups.
- Extensive hands-on expertise in contract administration or buying and procurement, covering all areas of strategy creation and implementation.
- English proficiency is required at a level that permits the employee to understand and express information so that job tasks may be completed safely and efficiently.
- At least five (5) years of experience managing infrastructure assets in government agencies and at least one year of supervisory experience are required for this job.