Fund Manager – European Real Estate Long Income Part Time

Aviva
Fund Manager – European Real Estate Long IncomeGlobal – Role will be based in London, Frankfurt or Paris and the preferred candidate will have to be a global thinker and have a high level of awareness of global issues affecting real estate performance of European real estate over the long term (economics, financial market, business/consumer trends, technology etc). The Role We are seeking a Fund Manager to join our successful Real Estate Long Income team within the Aviva Investor Real Assets Team. The role will involve working alongside the Head of Long Income, the broader Long Income team, the Global Client Service Team and the Origination, Asset Management and Operational Teams. The role will be visible to investors and their advisors, particularly in the current growth phase of the mandate. The successful candidate will be expected to be well known in the European real estate industry and to participate in industry and client events to further advance the firm’s reputation and profile. The Team This is a great opportunity to join a high performing Real Estate Fund Management team. Aviva Investors is one of the top 20 Real Estate Asset Managers by assets under management. We are in a phase of growth and development and are looking for an experienced entrepreneurial Fund Manager to join the team. Responsibilities Act as a Real Estate Fund Manager in accordance with fund management agreements to achieve agreed performance objectives.Take a lead role in marketing activity with both existing and potential clients and help shape the direction and strategy of the broader European Long Income real estate business to be a best in class fund manager.Management of the existing portfolio of European long lease assets, together with sourcing, creating and acquiring of suitable investments and growth of the Fund. The role will also involve supporting the Investment Specialist and Global Client Service Teams in maximising profitable fee income through retaining existing clients and securing new clients. Taking ownership of funds under management to deliver or exceed expected performance for clientsAnalysing market conditions and understanding the investment environment to start to develop informed investment opinions.Contributing to the development of the overall fund management processUndertaking Real Estate fund management within the terms of the fund management agreements to achieve client’s desired outcomes.Working collaboratively with colleagues across Aviva Investors to implement innovative strategies to manage risk, optimize profits and enhance performance.Building relationships to keep up to date with industry trends and investment insight.Identifying and implementing value enhancement opportunities, including developments.Providing guidance and support to the team to enable them to maximise rental income and optimising lease terms to deliver long secure income to investors with low volatility of returns.Driving the creation and updating of Fund Strategy Plans and communicating these to investorsExperience within a multi-asset house is a plus, but not essential.Having clarity of the restrictions and guidelines in place for funds managed and acting as a role model in adherence.Identifying and implementing sales in accordance with stated fund strategy and business plans. Requirements EssentialDirect experience in the management of relevant European real estate funds. This experience should cover regulated open-end funds and investing in a variety of property types.Extensive knowledge of long lease property investment management, with a track record of identifying and delivering investment opportunities, on market and off market.Deep knowledge of fund accounting issues, fund structures and key tax issues relating to structures/investor-types and knowledge of raising/managing debt and managing currency hedging strategies within real estate funds.Recognized and highly respected in the European institutional investor community.An extensive amount of relevant real estate fund management/investing experience.MBA or CFA is a preference. MRICS a plus. Ideally IMC or equivalent (if no CFA).Strong analytical skills.Extensive development funding experience through structured finance or long lease property investment.High quality planning and organizational skills used effectively to manage change and innovation.A great communicator who can readily deploy verbal, written and presentation skills.Experience within a multi-asset house is a plus, but not essential.Excellent English language skills required, and preferably other European languages would be an advantage.About youLeadership – Demonstrably strong leadership and management skills. An outward personality and ambitious drive are essential. A strong collaborator, but not afraid to make controversial recommendations/decisions when necessary. You must have a dynamic, entrepreneurial attitude, capable of driving and effecting change. You must embody succession potential and be highly motivated.Service Orientation – Experience working with prospective investors in raising capital, strong consultant and distributor relationships.Investment Fiduciary – With a strong reputation as an investor and trusted fiduciary, you will have an excellent understanding the investor mind-set and investor relations. As a qualified candidate you will be highly attuned to the issues of risk management, portfolio diversification and value creation through active portfolio management.Investment Acumen – You will have the reputation of being a shrewd investor, known in the investment management industry to be very astute, consistently delivering performance targets through the cycle. You should exhibit an understanding of the risk-return attributes of financial investments in general as well as within real estate.Personal qualities and drive – You need to be emotionally intelligent, team oriented, intellectually curious, an outstanding communicator (through a range of media), and a natural leader. Able to establish strong relationships with both internal and external stakeholders at senior and operational levels including asset managers, property agents, valuers, investment agents, corporate finance advisors and lawyers. Analytical rigour and personal integrity are essential qualifications. Alignment with the firm’s purpose, vision and investment philosophy is also necessary, as is the ambition to support the delivery of our bold business growth strategy with energy.In this role you’ll be ‘Certified’ under the Financial Conduct Authority / Prudential Regulation Authority’s Senior Managers and Certification Regime (SMCR). This means that we’ll need to complete some regulatory background checks on you before you take up your role and we’ll need to ask you some questions on an annual basis to make sure you remain ‘fit and proper’ and competent to carry out your role. We’ll provide training on what holding a SMCR role means when you join us and annually thereafter. Working at Aviva Investors Aviva Investors is a global asset manager with broad and deep expertise across all major asset classes. As part of the Aviva Group – the UK’s largest insurance company – we are uniquely positioned to combine our insurance heritage with our investment capabilities to deliver the outcomes that matter most to today’s investor. More than 1,500 people work across the globe, bringing it all together for today’s investor. When everyone feels part of a unified team, in an environment of fairness, inclusion and positivity, we all achieve more. We care deeply about this, which is why we encourage applications from people with diverse backgrounds and experiences. At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow. We bring this to life by ensuring managing risk is at the heart of how we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take responsibility, and who make good decisions. The way we do this is important too. We’re all about our people – that’s you – so we can be pretty flexible. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area’s needs vary. So, it’s up to you to discuss working hours during your interview. We interview every disabled applicant* that meets the minimum criteria for the job . Just send us an email once you’ve applied stating that you have a disclosed disability, and we’ll make sure we interview you. You will be assessed against the Aviva values: care more, kill complexity, never rest and create legacy. We’d love it if you could submit your application online. If you require an alternative method of applying, please send an email to * As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.