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Director - Long Income Origination, Real Assets - London

Employer
Aviva
Location
UK
Salary
Competitive
Closing date
5 May 2021

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Sector
Accountancy
Contract Type
Permanent
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Job Details

Director - Long Income Origination, Real Assets - London
We are currently looking for a Director - Head of Long Income Origination to join our Global Real Assets Team. You will work with the Head of Long Income, the Fund and Assistant Fund Managers of Lime, the REALM Funds, and our segregated long income mandates, helping to source, create and acquire suitable investments for the Funds.

The Role
In this role you will be expected to undertake investment acquisitions, financial and commercial structuring, and development funding. You will take accountability and responsibility for leading the end to end transaction process for acquisitions. You will also manage a small team of Long Income Origination Managers providing a leadership voice internally and a respected voice externally.

Responsibilities
  • Creating and enhancing external relationships with key stakeholders - public sector entities, corporate occupiers, developers, investment agents, real estate investors, Fund Valuers, lawyers, construction professionals, managing agents, etc.
  • Collaborating with colleagues (Fund Managers, Asset Managers, Origination Manager and Heads of Sectors) to structure, source, create and acquire suitable investment products that are in accordance with Long Income fund strategies.
  • Ensuring that internal documentation is prepared to a high standard to properly undertake the due diligence process.
  • Support financial modelling and analysis of all acquisitions.
  • Maximising performance and structural optimisation through value enhancement opportunities, sales and cost control.
  • Ensuring clear communication of Aviva Investors mandates' investment requirements to the wider real estate market.
  • Enhancing Aviva Investors profile and standing in the wider real estate market.
  • Working with the wider real estate team to effectively translate high level strategic views into portfolio composition.
  • Dissemination of market intelligence to the wider real estate business.
  • Working with the wider real estate team to present to existing and potential new clients to support the development of the Aviva Investors Real Estate business.
  • Identifying, creating and pursuing new acquisition opportunities in the UK by:
  • Supporting the end to end origination and transaction process.
  • Leading the due diligence process and securing internal approvals in accordance with funds' authority levels and in line with internal processes.
  • Preparing to a consistent high quality appropriate internal documentation to successfully complete the due diligence and internal approval processes.
  • Making sure that new acquisitions are underpinned by a robust and practical business plan that is supported and can be implemented by the asset management team.

Requirements
Essential
  • Development funding experience through structured finance or long lease property investment.
  • Knowledge of long lease property investment management, with a track record of identifying and delivering investment opportunities, on market and off market.
  • Solutions orientated, with experience of commercial negotiations.
  • Strong Risk Awareness and Risk Management
  • Experience of working with public sector and corporate entities.
  • Understanding of long lease structures and accounting and tax implications for investors and counterparties.
  • Degree
  • Member of Royal Institution of Chartered Surveyors or equivalent, or CFA / Accountancy qualification.

Highly Desirable
  • Extensive experience and knowledge of the investment acquisition process.
  • A broad and extensive network of contacts - investors, brokers, partners, service providers, owner occupiers etc.
  • A great collaborator with excellent team skills.
  • Strong appraisal and analytical skills. Financial modelling experience preferred.
  • Good presentation and communication skills - able to explain complex financial details to clients and customers in a straightforward way.
  • IMC or equivalent preferred.

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.

We'd love it if you could submit your application online. If you require an alternative method of applying, please send an email to GlobalRecruitment@avivainvestors.com

* 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.
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