Work Environment
Asset Managers typically work in the following Career Sectors:
Videos & Interviews
Videos on the Web
- Asset Manager- from: Youtube Search
Most commonly reported Work Activities
- Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
- Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
- Updating and Using Relevant Knowledge Keeping up-to-date technically and applying new knowledge to your job.
- Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
- Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
- Performing Administrative Activities Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.
- Communicating with Persons Outside Organisation Communicating with people outside the organisation, representing the organisation to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
- Selling or Influencing Others Convincing others to buy merchandise/goods or to otherwise change their minds or actions.
- Making Decisions and Solving Problems Analysing information and evaluating results to choose the best solution and solve problems.
- Identifying Objects, Actions, and Events Identifying information by categorising, estimating, recognising differences or similarities, and detecting changes in circumstances or events.
The Work
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Act as liaisons between on-site managers or tenants and owners.
- Meet with prospective tenants to show properties, explain terms of occupancy, and provide information about local areas.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Prepare detailed budgets and financial reports for properties.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
Most commonly reported Work Tasks
- Sell, for a fee, real estate owned by others.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Manage or operate real estate offices, handling associated business details.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Rent properties or manage rental properties.
Qualities - Asset Manager
- Good communicator
- Determined and motivated
- Persistence
- Patience
- Strong drive to deliver
- Numeracy
- Negoatiation skills
- Analytical skills
Interests - Asset Manager
This occupation is typically suited for people with the following Career Interests:
Enterprising
Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.
Administrative
Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.
They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.
Social
The Social person's interests focus on interacting with the people in their environment. In all cases, the Social person enjoys the personal contact with other people in preference to the impersonal dealings with things, data and ideas found in other groups.
Many will seek out positions where there is direct contact with the public in some advisory role, whether a receptionist or a counsellor. Social people are motivated by an interest in different types of people and like diversity in their work environments. Many are drawn towards careers in the caring professions and social welfare area, whilst others prefer teaching and other 'informing' roles.
Entry - Asset Manager
The Asset Manager role requires significant knowledge and experience. Many Managers start their careers in sales or customer service and then progress.
The most relevant degree subjects include business, management and marketing. Likewise also an engineering mindset. Although a degree may sometimes be required, experience and track record are often as important to an employer.
Training & Development Pathways
Training can also help you progress and there are both undergraduate and postgraduate courses in business and management which can support you in your career.
FET Centre Traineeship: Business Admin, Customer service, Management available around Ireland at NFQ Levels 5-6 Search FET Courses
FET PLC Courses: Business Management, Sales, Marketing, Commerce, and Accounting available around Ireland at NFQ Levels 5-6 Search FET PLC Courses
Apprenticeship: Accounting, Finance, Management, and Sales Apprenticeship options at NFQ levels 6-9 Search Apprenticeships
Higher Education CAO Entry: Business & Management, Commerce, Economics, Maths & Statistics, Accounts & Finance available around Ireland at NFQ Levels 6-8 Search CAO courses
Postgraduate Study Options Sales, Business, Accounts, Management, Financial advice NFQ level 9
Professional Organisations Training or networking events:
International Financial Services Skillnet Network
Irish Banking & Payments federation
The 30% club: Growth Through Diversity
Qualified financial Advisers
On-the-job training continuous professional development is complemented by study for the Chartered Financial Analyst (CFA) qualification. Three levels of examination measure a candidate's ability to apply the fundamental knowledge of investment principles at a professional level.
Last Updated: April, 2023
Pay & Salary - Asset Manager
Salary Range (thousands per year)* 45k - 120k
Salaries vary by employer, location, duties, role, and experience.
Data Source(s):
Brightwater / Morgan McKInley/ Lincoln/ Azon
Last Updated: July, 2024
* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
View Salary information from Indeed.ie
Note: data not aways available
Labour Market Updates - Asset Manager
This information has been derived from the Solas National Skills Bulletin (2023).
Despite a strong employment growth rate for this occupation, employment levels fell between 2021 and 2022. Employment is spread across a number of roles including marketing associate professionals, buyers & procurement officers, conference/expo managers and estate agents. Employment permits issued in 2022 were primarily for roles in the ICT sector such as digital marketing and accounts managers with language skills required for some.
The Recruitment Agency Survey highlighted issues in sourcing candidates for procurement roles. The number of job adverts for this role grew in 2022, driven by increases for buyers/procurement officers and conference organisers etc. In addition, procurement/tendering documentation skills were not confined to this occupation, but were also in demand outside of sales roles, albeit in small numbers.
Useful Contacts - Asset Manager
-
Aviva Direct Ireland Limited
- One Park Place, Hatch Street, Dublin 2, Ireland, D02 E651.
- (01) 898 7950
- Click Here
-
FSU Financial Services Union (former IBOA)
- Stephen Street Upper, Dublin 8, D08 DR9P
- (0)1 4755908
- [email protected]
- Click Here
-
Insurance Institute of Ireland
- Insurance Centre, 5 Harbourmaster Place, IFSC, Dublin 1, D01 E7E8
- (01) 645 6600
- [email protected]
- Click Here
-
Society of Chartered Surveyors Ireland
- The Society of Chartered Surveyors Ireland, 38 Merrion Square, Dublin 2
- (01) 6445500
- [email protected]
- Click Here