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Rent Management Specialist

2 months ago

London, Greater London, United Kingdom Legal & General Full time
Position Overview

At Legal & General, we are dedicated to fostering a secure, affordable, and welcoming environment for all individuals seeking a place to call home. Our commitment to this mission drives us to collaborate with esteemed developers, housing associations, and public sector entities nationwide, channeling new investments into the affordable housing sector.

As a proud member of the Legal & General Group, which boasts a rich history spanning over 180 years, we have established ourselves as a premier financial services organization. We are at the forefront of institutional investment in the housing market, ensuring exceptional service and high-quality residences.

Our primary focus lies in the Shared Ownership and affordable rental markets, as we aspire to be recognized as the UK's foremost private affordable housing provider, distinguished by our commitment to service excellence and quality living spaces.

Key Responsibilities

We are currently seeking a Rent Management Specialist to join our team. This role offers a competitive salary and the possibility of occasional travel. You will assist the Rent and Nomination Manager, as well as collaborate with both internal and external stakeholders, to ensure that appropriate rental rates are established for all new projects undergoing the approval process. Additionally, you will support the annual review of rental and service charges in conjunction with our external partners and internal stakeholders.

Your Responsibilities Will Include:

  • Conducting rent reviews prior to the second phase of our internal project approval process, ensuring all comments from the initial stage are addressed.
  • Performing rent reappraisals before handover for final approval by the Rent and Nominations Manager.
  • Updating our internal Housing Management System, Brolly, with finalized rental figures ahead of property letting.
  • Generating performance reports, including quarterly valuation movement reports and key performance indicators (KPIs).
  • Maintaining the rent dashboard in collaboration with finance colleagues.
  • Ensuring rent-setting models are current to facilitate rent appraisals and SDR reporting.
  • Conducting assessments for re-let rents.
  • Contributing to internal and external audits and regulatory submissions.
Candidate Profile

We are looking for individuals who possess:

  • Demonstrated experience in rent setting.
  • A solid understanding of the significance of building and nurturing relationships for the mutual benefit of all parties involved.
  • Knowledge of key legislation related to rent setting within the affordable housing sector.
  • Experience and familiarity with the affordable housing industry.
  • Proficiency in working with Housing Management Systems and an appreciation for the importance of maintaining accurate information within these systems.
  • A keen interest in developing systems that enhance business operations related to rent setting and reporting.

Benefits

At Legal & General, we recognize and reward performance and behavior with a comprehensive benefits package that prioritizes your needs. Our offerings include:

  • Participation in our annual performance-related bonus plan and valuable share schemes.
  • Generous pension contributions.
  • Life assurance coverage.
  • Private medical insurance for permanent employees.
  • A minimum of 25 days of annual leave, in addition to public holidays.
  • Competitive family leave policies.
  • Access to our electric car scheme, allowing employees to hire a new electric vehicle through a tax-efficient salary sacrifice program.
  • A variety of discounts on our products and at numerous high street retailers and online.
  • Modern office spaces designed to foster collaboration and prioritize employee wellbeing.
Company Culture

Legal & General is a leading financial services organization and a significant global investor, recognized as Britain's Most Admired Company. We are committed to building a better society for the long term by investing our customers' funds in initiatives that enhance quality of life.

Joining our team means becoming part of a welcoming culture that values diversity and encourages collaboration among individuals with varied backgrounds and perspectives. Our leaders prioritize integrity and care about your future and wellbeing, empowering you through initiatives that support career development and excellence.

We are dedicated to being open, mindful, and inclusive, and we are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you are interested in learning more about this opportunity, we would be pleased to hear from you.