11 Sep
|
Embassy REIT
|
Noida
11 Sep
Embassy REIT
Noida
Job Purpose: The Senior AGM – Asset Management will be responsible for the overall management, operations, maintenance and commercial performance of the Noida Parks portfolio, including Embassy Oxygen and Embassy Galaxy .
The role will have end-to-end responsibility across client and tenant management, leasing support, handover, technical operations, park maintenance, budgeting, project execution, statutory and regulatory compliance, risk management and business continuity .
The position requires strong commercial and technical acumen, sound understanding of commercial real estate and asset operations, and the ability to effectively manage clients, tenants, service partners and cross-functional stakeholders.
Key Responsibilities:
Asset & Operations Management
- Take overall responsibility for the day-to-day operations and effective management of the assigned commercial assets .
- Ensure smooth, safe and efficient functioning of the parks through effective coordination of facility management, engineering, security, housekeeping and other operational teams.
- Drive operational excellence, service quality, cost optimisation and continuous improvement across the assets.
- Establish and monitor operational standards, SOPs, KPIs and service-level requirements.
- Ensure business continuity and uninterrupted operations across the parks.
2. Client & Tenant Management
- Act as the senior interface between the Company and key clients/tenants, ensuring a high level of engagement, service delivery and satisfaction.
- Build and maintain strong relationships with clients, tenants, occupiers, service partners and other stakeholders .
- Proactively address tenant concerns, escalations and operational issues and ensure timely closure.
- Analyse client and tenant feedback and drive initiatives to continuously improve service levels and customer experience.
- Drive a strong customer-centric culture across the park
3. Leasing & Occupancy Management
- Work closely with leasing and commercial teams to optimise occupancy and minimise vacancy and revenue leakage.
- Coordinate lease documentation, registration and related processes with the Manager – SEZ and relevant stakeholders.
- Ensure seamless coordination of tenant move-in, move-out and occupancy processes .
4. Handover & Transition Management
- Lead and coordinate handover of buildings, floors, common areas and facilities from project/development teams to operations.
- Ensure that handover is completed with appropriate documentation, drawings, asset registers, warranties, AMC details, O&M; manuals and statutory approvals.
- Identify and drive closure of technical and operational snags prior to handover.
- Ensure smooth transition from project execution to steady-state operations with minimal disruption to clients and tenants.
- Coordinate with Projects, Engineering, Facility Management, Leasing and other stakeholders during handover and transition.
5. Technical & Engineering Management
- Oversee technical operations and maintenance of MEP, HVAC, electrical, DG, fire & life safety, BMS, lifts, plumbing and other building systems .
- Ensure preventive and corrective maintenance programs are implemented effectively.
- Monitor equipment reliability, energy efficiency, asset performance and lifecycle requirements.
- Ensure compliance with applicable technical standards, statutory requirements and safety norms.
- Review technical issues and drive timely resolution of critical breakdowns and operational risks.
- Work closely with engineering and technical teams to improve reliability, efficiency and lifecycle performance of assets.
6. Park Maintenance & Infrastructure
- Oversee maintenance and upkeep of parks, landscaping, roads, external infrastructure, common areas and other site facilities .
- Ensure high standards of cleanliness, aesthetics, landscaping, hygiene, safety and overall asset presentation.
- Monitor service partner performance and ensure adherence to defined SLAs and quality standards.
- Drive preventive maintenance and asset preservation initiatives to protect long-term asset value.
- Identify opportunities for improvement in infrastructure, amenities and common areas to enhance client and tenant experience.
7. Budgeting & Financial Management
- Prepare and manage annual budgets for the Noida Parks, including Opex, maintenance and project expenditure .
- Drive cost optimisation while maintaining required service, quality and safety standards.
- Coordinate vendor payments, accruals and financial requirements with Finance and Accounts.
8. Projects & Opex Works
- Oversee Opex projects and improvement works, ensuring delivery within approved cost, timelines, quality and safety parameters .
- Monitor project progress, contractor performance and quality of execution.
- Ensure appropriate project documentation, approvals, compliance and closure.
- Lead special projects and strategic initiatives assigned by management.
9. Statutory, Legal & Regulatory Compliance
- Ensure compliance with applicable statutory, legal, environmental, safety and regulatory requirements .
- Coordinate with statutory authorities and external agencies as required.
- Ensure effective monitoring and closure of SEZ and other regulatory compliances .
- Maintain appropriate records, documentation, approvals and statutory certifications.
10. Procurement & Vendor Management
- Coordinate with Procurement, Finance and Accounts for procurement of goods and services.
- Evaluate and monitor service partner performance against contractual and SLA requirements.
- Ensure effective vendor governance, cost control and timely resolution of performance issues.
- Support commercial negotiations and contract management with key service providers.
11. Risk, Safety & Business Continuity
- Proactively identify technical, operational, commercial, statutory and reputational risks across the assets.
- Develop and implement appropriate mitigation and contingency plans.
- Ensure adherence to health, safety,
fire and emergency response requirements.
- Drive business continuity and emergency preparedness across the parks.
- Ensure timely escalation and resolution of critical operational issues.
12. Cross-Functional & Stakeholder Management
- Serve as a key point of contact for internal and external stakeholders on asset-related matters.
- Drive effective coordination with Leasing, Projects, Engineering, Facility Management, Finance, Accounts, Procurement, Legal, HR, Security and other functions .
- Build strong relationships with clients, tenants, consultants, vendors, statutory authorities and business partners.
- Demonstrate strong ownership, accountability and decision-making in managing complex and time-sensitive issues.
Key Deliverables
- High levels of client and tenant satisfaction and retention .
- Effective management and maintenance of Embassy Oxygen and Embassy Galaxy.
- High standards of technical, engineering and operational performance .
- Seamless building/facility handover and transition to operations .
- Optimised occupancy and effective leasing support.
- Effective budgeting, cost control and Opex management.
- Timely delivery of projects and improvement works.
- Strong statutory, SEZ, safety and regulatory compliance.
- Improved asset reliability, efficiency and long-term asset value.
- Effective vendor and stakeholder management.
- Proactive risk management and uninterrupted business operations.
Qualifications and Work Experience:
- BE/B.Tech in Civil Engineering, Mechanical/Electrical Engineering, Architecture or equivalent qualification.
- 12–15 years of relevant experience in Asset Management, Property Management, Commercial Real Estate, Facility Management or Operations.
- Experience with a real estate developer, commercial/retail asset owner, IPC or international project/property management organisation is preferred.
- Solid experience in managing large commercial assets, client/tenant relationships, technical operations, maintenance and handover .
- Experience in managing multiple stakeholders and cross-functional teams.
- Armed Forces background is preferred.
Knowledge, Skills and Competencies:
- Strong understanding of commercial real estate, asset management, property operations and technical services .
- Strong knowledge of building systems, MEP, facility operations, maintenance and infrastructure management .
- Sound understanding of leasing, commercial, legal, statutory and regulatory aspects of real estate.
- Strong financial and commercial acumen, including budgeting, cost control and cash-flow management.
- Excellent client, tenant and stakeholder management capabilities.
- Ability to build and strengthen partnerships with clients, tenants, service partners and internal teams.
- Strong problem-solving and decision-making ability, particularly in high-pressure and time-sensitive situations.
- High degree of ownership, accountability and execution orientation .
- Proactive approach to risk identification, mitigation and business continuity.
- Ability to balance customer experience, operational excellence, commercial objectives and asset value creation .
📌 Senior AGM - Asset Management (Noida)
🏢 Embassy REIT
📍 Noida