Senior Asset Manager

The Old Oak and Park Royal Development Corporation (OPDC) is seeking a Senior Asset Manager with a salary of £67,715 per annum for a permanent position based at One West Point. The role involves overseeing OPDC's asset portfolio and ensuring effective property management, including lease agreements and financial administration. The ideal candidate will have a relevant professional qualification, a minimum of five years' experience in property asset management, and strong commercial acumen. OPDC offers a hybrid working arrangement and a comprehensive benefits package, including 30 days of annual leave and a pension scheme. Applications close on 21 July 2025.

Old Oak Park Royal Development Corporation

Senior Asset Manager

Reference: 1700

Salary: £67,715 per annum

Contract type: Permanent

Contract details: Permanent

Location: One West Point

The Old Oak and Park Royal Development Corporation (OPDC) is a Mayoral Development Corporation (MDC), established by the Mayor of London to bring forward the regeneration of the Old Oak Opportunity area, spanning land in three London boroughs – Ealing, Brent and Hammersmith & Fulham.

The Old Oak and Park Royal Opportunity Area is one of the most exciting and important regeneration opportunities in the UK – aiming to create an accessible, welcoming and well-connected urban district, centred around the new High Speed 2 station at Old Oak Common, with tens of thousands of new high-quality and affordable homes; good quality, well-paid jobs and shops; facilities, sustainable travel connections and public green space.

Delivery Directorate

The Senior Asset Manager will be part of the Delivery Directorate who are responsible for driving the physical, economic, and social regeneration of the Old Oak and Park Royal areas. This includes overseeing land assembly, infrastructure development, and the implementation of regeneration strategies alongside managing its existing assets.

The Directorate aims to create a successful and sustainable development in Old Oak and Park Royal with maximum benefits for local communities and the wider London areas.

About the team

The Asset Management team plays an important role in both the current and future delivery of OPDC’s vision and objectives for the area. The Senior Asset Manager will report to the Assistant Director of Development and will have one direct line report.

For OPDC, the core functions of asset management include the following (not in priority order):

• Strategic asset management function for OPDC – providing direction and planning in relation OPDC’s property related assets.
• Management of all leases in relation to OPDC properties, with the support of the Facilities Management function and Managing Agent partners Management of finances related to service charge accounts, with the support of the OPDC finance team as well as holding responsibility for a defined property budget.
• Close working relationship and liaison with OPDC Delivery team to support the development of the OPDC property portfolio to align with the organisation’s corporate objectives and regeneration strategy and emerging early activation and meanwhile use strategy ahead of the future delivery of the proposals for Old Oak.

OPDC currently has a number of property interests/ sites within its portfolio with more due to be acquired. They include both commercial and residential uses with a variety of different occupants.

About the role

We are looking for an experienced and engaging Senior Asset Manager to oversee OPDC’s portfolio of assets and estate. You will be responsible for ensuring compliant and effective property and estate management of the land and property portfolio that OPDC manages, as well as the organisation’s new acquisitions.

Working with managing agent partners, the Facilities Management function, and senior colleagues, the Senior Asset Manager will implement OPDC’s Asset and Estate Management Plan ensuring successful operational delivery of its asset management function, effective lease management including service charge administration, and will support the continuous improvement of the asset management function as the portfolio grows over time.

The Senior Asset Manager will be involved in decision making for all aspects of our assets, from , acquisition, maintenance, change, disposal and re-use, and will work closely with our specialists in these areas, both in house and through our valued supply chain.

This important role will provide leadership and direction, ensuring best practice and value for money are delivered in relation to asset management, property management, lease arrangements, and tenant liaison.

What your day will look like

Your day may involve but not be limited to the following activities:

• Managing lease agreements, renewals, and tenant communications, ensuring compliance with terms and addressing any concerns that arise.
• Collaborating with managing agents and facilities management teams to oversee maintenance, service charge administration, and ensure properties are meeting operational and regulatory standards.
• Collecting and analysing property performance metrics, financial indicators, and preparing reports to support strategic decision-making and continuous portfolio improvement.
• Assisting in property improvement initiatives, tenant relocation efforts, and acquisitions, helping to implement the broader asset and estate management strategy.
• Working alongside our Delivery team on opportunities for early activation and meanwhile use opportunities across the OPDC portfolio ahead of the future delivery of the Old Oak project.

Skills, knowledge and experience

To be considered for the role you must meet the following essential criteria:

• Professional qualification relevant to the role (e.g. RICS Chartered Surveyor, member of Institute of Asset Management, Chartered Institute of Building, or similar).
• Minimum of 5 years of experience in property asset management or related roles.
• Proven ability to build effective and successful teams.
• Strong commercial acumen, with financial management skills and expertise.
• Ability to provide complex property and asset management related technical advice and explain and communicate proposals in simple language to promote clear actions.
• Detailed knowledge and understanding of current developments in property asset management.

Behavioural Competencies

Building and Managing Relationships

…is developing rapport and working effectively with a diverse range of people, sharing knowledge and skills to deliver shared goals

Level 3 indicators of effective performance

• Actively engages partners and encourage others to build relationships that support GLA objectives.
• Understands the needs of others, the constraints they face and the levers to their engagement.
• Understands differences, anticipates areas of conflict and takes action.
• Fosters an environment where others feel respected.
• Delivers objectives by bringing together diverse stakeholders to work effectively in partnership.

Communicating and influencing

…is presenting information and arguments clearly and convincingly so that others see us as credible and articulate and engage with us.

Level 3 indicators of effective performance

• Encourages and supports teams in engaging in transparent and inclusive communication.
• Influences others and gains buy-in using compelling, well thought through arguments.
• Negotiates effectively to deliver GLA priorities.
• Synthesises the complex viewpoints of others, recognises where compromise is necessary and brokers agreement.
• Advocates positively for the GLA both within and outside the organization.

Organisational Awareness

…is understanding and being sensitive to organisational dynamics, culture and politics across and beyond the GLA and shaping our approach accordingly.

Level 3 indicators of effective performance

• Uses understanding of differences between the GLA and its partners to improve working relationships.
• Helps others understand the GLA and the complex environment in which it operates.
• Translates changing political agendas into tangible actions.
• Considers the diverse needs of Londoners in formulating GLA objectives.
• Helps others understand how the media and external perceptions of the GLA influence work.

Planning and Organising

thinking ahead, managing time, priorities and risk, and developing structured and efficient approaches to deliver work on time to a high standard.

Level 3 indicators of effective performance

• Monitors allocations of resources, anticipating changing requirements that may impact work delivery.
• Ensures evaluation processes are in place to measure project benefits.
• Identifies and consults with sponsors or stakeholders in planning work.
• Implements quality measures to ensure directorate output is of a high standard.
• Negotiates realistic timescales for work delivery, ensuring team deliverables can be met.

Research and Analysis

… is gathering intelligence (information, opinion and data) from varied sources, making sense of it, testing its validity and drawing conclusions that can lead to practical benefits.

Level 2 indicators of effective performance

• Proactively seeks new information sources to progress research agendas and address gaps in knowledge.
• Grasps limitations of or assumptions behind data sources, disregarding those that lack quality.
• Analyses and integrates qualitative and quantitative data to find new insights.
• Translates research outcomes into concise, meaningful reports.
• Identifies relevant and practical research questions for the future.

OPDC follows the GLA Competency Framework Guidelines. Further detailing each competency and the different level indicators can be found here: GLA Competency Framework

Benefits

OPDC staff are hybrid working up to 3 days a week in our offices and remotely depending on their role. As part of this, you will need to split your time between home working and coming into the office.

In addition to a good salary package, you will be paid every four weeks, providing frequent salary payments. We also offer an attractive range of benefits including 30 days’ annual leave, interest free season ticket loan, interest free bicycle loan and a career average pension scheme with the option to add to build up pension benefits with a separate provider alongside your LGPS pension via additional voluntary contributions.

Additional Information

Please note, all candidates will need to confirm that the information provided in this application form is true and correct. Should a candidate deliberately give false information, including the use of AI software, they understand that this would disqualify them from consideration.

Successful candidates must undergo a criminal record (DBS) check but some roles may require additional security screening.

Application closing date: 21 July 2025 at 23:59:00.