Overview

We are seeking to recruit an Interim Property Director to lead our Property team. This is an exciting opportunity for an individual to join a client-side team driving investment returns and charitable and social benefit for one of the UK’s largest place-based health endowments with just over £1 billion of assets. The role will be to lead the Foundations £400m property portfolio on an interim basis, being responsible for both the asset management of our existing portfolios and the delivery of our four major property developments.

Our management of the Endowment is both strategic and hands-on and thus represents an exceptional learning and development opportunity. 40% of our assets are invested in property around Guy’s and St Thomas’ hospital campuses where we are progressing an ambitious redevelopment programme. 60% of our assets are invested in a multi-manager, multi-asset class financial portfolio through a dynamic partnership with Partners Capital, a leading investment adviser. We have a long-term approach to investment strategy and seek the best investment managers in the world.

We aim to be at the cutting edge of how foundations operate across all our activities, both charitable and investment related, and we particularly wish to focus on developing places, buildings and schemes that deliver across a number of priorities including our direct charitable priorities, health and well-being more generally, the communities in which they sit and climate change. This role will have an important input into shaping that future for the Foundation and enhancing the Endowment.

About us

At Guy’s & St Thomas’ Foundation, our mission is clear – to build the foundations of a healthier society.

As part of our team, you will work alongside talented people from a mix of personal and professional backgrounds. We are a Living Wage employer and support flexible working, part-time roles and job shares. Though our ambitions are serious, this is a friendly place to work with lots of opportunities to meet and socialise with colleagues. We believe there is immense power in diversity and aim to recruit and nurture talent who think and act differently.

There is more information about working with us on our website, where you can read about:

•      how we approach recruitment

•      our team, culture and values

•      the benefits of working with us

•      and our approach to diversity, equity & inclusion, health & wellbeing, and learning & development

Job description

In order to progress our ambitious redevelopment programme and support the Foundation’s priorities, we are seeking to enhance the property team by recruiting an Interim Property Director to lead the team. The Property Director leads the team and is responsible for the whole of the property portfolio reporting to the Chief Investment Officer. The Interim Property Director will have line management responsibility for the ESG/ Development Surveyor, Asset Manager x 2, and the Secondment Surveyor.

The Interim Property Director will also be supported by the Business Manager.

Key responsibilities:

·        Lead/ be strategic decision maker on the Asset Management of the Commercial, Residential, Student and Agricultural portfolio – including being responsible for budgeting, the annual valuations, insurance renewal, leading the relationship with the external managing agents and tenants to ensure smooth running of the portfolio. Support will be provided on the asset management by the 2x Asset Managers in the team and the ESG/Development Surveyor.

·        Lead / be strategic decision maker on the progression of four of our major developments including Maple Cross, Royal Street and Snowsfield. Including progressing the planning/ development proposals, leading the commercial negotiations, liaise with key stakeholders, undertake stakeholder engagement events, and also being cognisant of reputational risk matters and reporting them to CIO where appropriate. Support will be provided on the asset management by the 2x Asset Managers in the team and the ESG/Development Surveyor.

·        Present matters for approval to Property Committee, and where appropriate Investment Committee members on relevant matters

·        Line manager to the team, overseeing day to day work but also providing coaching and mentoring

·       Support the Chief Investment Officer and wider executive team

·        Be responsible for budgeting, Valuations, KPIs and reporting to finance team where required

·        Lead on VAT matters in the portfolio where required

·        Identify new investment, development and asset management opportunities within existing portfolio and external

·       Implementing strategic priorities including incorporation property strategy and ESG integration, etc

Person Specification

·        Minimum 10 years’ experience in a property/asset management/development environment (desirable)

·        Understanding of Charity Property requirements (desirable)

·        Experience of financial modelling

·        Experience of asset management and development across use sectors, notably commercial, residential and student.

·        Preferably RICS qualified but other relevant qualifications considered

·        Appreciation of and passion for the Foundation’s mission particularly health and well-being, sustainability and climate change and the understanding of the importance of communities

·        Ability to lead a team effectively

·        Excellent analytical and numerical skills

·        Excellent political and reputational risk ‘antennae’

·        Strong communication and interpersonal skills including negotiating, networking,  managing and presentation – they will be an outward facing ‘Ambassador’ for the Foundation

·        Effective written communication, report writing ability and presentation skills

·        An interest in legal matters, policies and procedures

·        The ability to carry out development appraisals thoroughly and convincingly, especially financial viability

·        Outstanding commercial awareness and acumen and understanding of the property asset management and development sectors

·        A creative and innovative approach with an aptitude for problem solving

·        Ability to work under own initiative, be a self-starter and to deliver

·        Ability to deliver to the highest quality

Benefits

·        Up to 12% employer pension contributions (Employer pays double employee contributions capped at 12%. E.g., if employee pays 3%, employer pays 6%, etc.)

·        £1000 annual personal development budget including access to coaching.

·        Free access to LinkedIn learning courses and videos

·        Annual health and wellbeing personal allowance of £400

·        Relevant professional subscriptions paid for.

·        Enhanced maternity, paternity, and parental leave pay accessible without length of service requirements.

·        Support for healthy eating via fruit bowls and onsite lunch facilities.

·        Agile hybrid working and flexible hours options

·        IT kit/equipment for home working to support hybrid working.

·        Shower facilities and bike lock area.

·        Cycle to Work Scheme/Loan

·        Annual leave (27 days + bank holidays) · Up to £100 toward the cost of the optician’s eye test and corrective lenses.

·        Season ticket train loan facility to help employees purchase an annual season ticket to cover their journey to and from work.

·        Rent Deposit loan scheme to help employees with the deposits when renting new accommodation.

·        Life Assurance

·        Income Protection (Critical Illness Cover)

·        BUPA Employee Assistance programme

·        WeCare Employee Assistance programme

How to apply

Thanks for your interest in working with us.

We’re working hard to ensure we recruit great people and minimise unconscious bias in our selection process. To support this, we use the Applied platform, which anonymises applicants. To apply for the role, please go to:

 Interim Property Director - Guy's & St Thomas' Foundation - Applied (beapplied.com)

To find out more about the role, please contact jobs@gsttcharity.org.uk