JOB TITLE: Transaction Manager, SPAIN & PORTUGALREPORTING LINE: Head of Asset Management and TransactionTransactions Profile, Spain & Portugal, PropertyReporting to the Head of Asset Management and Transactions for Spain and Portugal, assist on the financial analysis of all investment opportunities, deal allocation and coordination of the execution of transactions on behalf of all mandates investing in Spain & Portugal. This will be carried out in line with abrdn's property investment approach, process and policies.This new role has responsibility for the screening of relevant deals from both on market and off-market sources from brokers, property companies, developers, REITs and others, summarising the information and discussing with the Head of Asset Management and Transactions for Spain and Portugal. Ideally, the new role would also have some knowledge of property asset management in the Spanish & Portuguese markets and be able to leverage from it when analysing investment opportunities.RESPONSIBILITIESHave good interaction with the wider property team (Head of Asset Management and Transactions for Spain and Portugal, Asset Management Team for Spain and Portugal, Fund Management, and Research and Strategy).Contribute to the funds' and mandates' performance by:Helping to develop financial analysis and cash-flow models for investment opportunitiesHelping to achieve the targets in investment plans related to transactionsHelping in selling and purchasing properties at the most favorable price and termsReducing legal and financial risk in transactionsScreening relevant and attractive investment opportunities in the transaction marketHaving regard to enhancing sustainability in portfoliosHelping to develop and follow up the Budgets, for the funds' and mandatesTo work with the Spanish Real Estate team and wider fund management team to analyze deals proactivelyTo carry out cash-flow modelling, coordinate execution of transactions, due diligence, input to investment committee approval, complete checklists, dialog with external advisors, etc.To register all incoming deals into PropexTo develop an internal Data Base with main data of all transactions analyzed and follow up of that deals in the marketTo coordinate and participate in the deals allocation meeting, and ensure all property introductions are responded to in a timely manner with clear indication of whether they are valid and whether they are being proceeded withTo assist in the assessment of offered properties/deals, including providing analysis and calculations with regards to valuation and riskTo assist in the preparation of investment - and divestment proposals (IC paper) prior to Fund Manager sign offTo oversee preparation of quarterly/annual valuations of the different assets.To assist in the hand-over of acquired properties to the asset management teamKnowledge and skillsA motivational, entrepreneurial and proactive approachA good understanding of the execution of transactionsA good level of understanding and knowledge of how the investment market in Spain, and ideally in Portugal, worksPractical experience and knowledge of the transaction process including the screening and analysis of investment opportunitiesA history of success in helping to closing dealsGood understanding of the sources of risk and return within a property portfolio from a single tenancy unit up to portfolio levelHigh level knowledge of Microsoft Excel with ability to create complex cash flows, IRR calculations, discounted cash flows and development appraisalsGood level knowledge of other Microsoft Tools such as Word or Power Point. Ideally, knowledge of ArgusFluent in EnglishKey Competencies5 years' experience of property in Spain and ideally in Portugal, as wellAbility to demonstrate business success and utilising the resources necessary to obtain business resultsQualified to degree levelGood understanding of financial modelling, investment and valuation backgroundGood analytical skillsMixed Commercial & Residential background ideallyCommunication skillsStrong attention to detailClient /Customer FocusTrust and IntegrityUses technical knowledge to informStakeholder managementStrong planning and prioritisationImpact and influenceIndustry and market knowledgeWe're committed to providing an inclusive environment.
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