Director of Asset Services

CBRE Bahrain requires a Director of Asset Services to assist in managing an expanding portfolio of properties.

Job Summary

The Asset Services Director will provide strategic direction for a large mixed use portfolio with in excess of 400,000 square metres BUA across over 20 properties currently under management covering residential, office, retail and industrial sectors. Managing existing client relationships, as well as developing new business opportunities will be integral to the role, while overseeing day-to-day business operations of the department in order to meet revenue and operating income targets and managing the, currently 10 strong, Bahrain asset services team.

Essential Duties and Responsibilities

Our Portfolio

Oversee the FM of managed property portfolio, particularly Health & Safety and legal compliance related matters.

Client liaison at all levels to ensure sufficient client interaction and oversight of services provided by CBRE.

Review status of the Leasing & Management contracts, deal with negotiations/renewals.

Write/review/amend the Asset Services department policies and procedures.

Follow up any new regulations, laws as required and ensure our compliance and notify staff, clients as required.

Manage and undertake, as required, the initial stages of any new appointment.

Coordinate between Commercial Transactional Services / Asset Services teams on managed property matters.

Oversee leasing for residential properties.

Lease signatory for Landlord as instructed by clients.

Administer insurance of managed property portfolio.

Ensure periodic property inspections and documentation.

Ensure the delivery of accurate, timely, and comprehensive reports to clients.

Supervise the planning, budgeting and control of operating and capital expenditures for the properties.

Staffing

Oversee all Property Managers and Asset Services staff.

Staff appraisals.

Authorising PM staff expenses, holidays and other HR requirements.

Sourcing and interviewing potential new staff.

Periodic review of staff job descriptions.

Business Development

Develop new business opportunities, across all departments from client identification and solicitation to proposal development and presentation.

Prepare Asset Services proposals for new work, respond to RFP’s and general business development for Asset Services.

Draft and present proposals for Property Management related consultancy work and carry out work won.

Assist other (regional) offices on proposals if applicable.

Assist in acquisition underwriting and due diligence.

CBRE/Office

A key member of Bahrain office senior management team jointly overseeing all business activities.

Supervise the preparation of annual department budgets, forecasts, management plans, monthly performance reports, and variance reports.

Assist with overall office budgeting, forecasts etc.

Recommend strategy and tactics for achieving objectives.

Provide market analysis and asset positioning consultation.

Liaison with Asset Services EMEA, SEG meetings, Salesforce, data provision.

Collect Asset Services fee payments and ensure timely invoicing; and,

Cheque/authorised signatory for CBRE Bahrain accounts and client accounts.

Qualifications        

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education and Experience:          

Bachelor's degree from a recognised university and a minimum of 10 years related experience and/or training.

Certificates and/or Licenses:        

RICS certification

Languages:

Fluency in English, verbal and written. Arabic and other languages are advantageous.

Professional Certification/Licenses:          

Valid Driver’s license

About CBRE

CBRE Bahrain is a wholly owned branch of the world's largest real estate firm CBRE. We were established in the Kingdom in 2008 with a highly successful and experienced management team.

Our Employee Advantage

"Every day you are empowered and expected to be better. You have the freedom to make your own path. You always have a team behind you." At CBRE, you are empowered to take your career where you want it to go. Enjoy workplace flexibility with tremendous scale—in an inclusive, collaborative environment with supportive teammates. You will be challenged to grow and be at your best every day.