Asset Monitoring Manager

Job Description:

Asset Monitoring (Mumbai)

Reporting To:

Head - Asset Monitoring

Experience:

7 - 10 years, with atleast 5 years in real estate asset monitoring, fund/portfolio management, or real estate private equity.

Role Overview:

We are looking for experienced Asset Monitoring professionals to manage a portfolio of real estate investments across their lifecycle - from onboarding and monitoring through to value creation and exit. The role requires strong analytical rigour, hands-on project and stakeholder management, and the ability to work closely with developers, lenders, and internal investment teams. This is a high-visibility role within a founder-led organisation, offering significant ownership and direct exposure to fund-level decision-making.

Key Responsibilities:

- Manage end-to-end asset monitoring for a portfolio of real estate investments (residential, commercial, and mixed-use projects), ensuring alignment with fund investment objectives and risk parameters.

- Monitor and present dashboards on project execution, construction progress, sales velocity, and cash flows against approved business plans; flag deviations and recommend corrective actions.

- Conduct periodic asset-level financial analysis, including cash flow modelling, IRR/return tracking, budget vs. actual variance analysis, and valuation reviews.

- Liaise closely with developer partners, project management teams, contractors, and channel partners to safeguard business goals and drive project milestones.

- Track compliance with loan covenants, escrow mechanisms, RERA requirements, and other regulatory/contractual obligations across the portfolio.

- Prepare investment committee notes, quarterly asset performance reports, and investor reporting inputs in coordination with the investment and finance teams.

- Support due diligence, structuring, and documentation for new investments, exits, and refinancing transactions as needed.

- Identify and drive value-creation and risk-mitigation initiatives across assets, including cost optimisation, sales strategy inputs, and timeline acceleration.

- Coordinate site visits and on-ground reviews for assets within the assigned geography (Mumbai / Pune and surrounding markets).

- Showcase strong stakeholder management with lenders, auditors, legal counsel, and other external stakeholders, relevant to asset performance.

Eligibility Requirements:

- Bachelor's degree in Civil Engineering. Post Graduation from NICMAR.

- 7 - 10 years of relevant experience in real estate asset monitoring, real estate private equity, fund management, or a closely related investment/real estate finance role.

- Strong understanding of real estate project finance, cash flow modelling, and return metrics (IRR, equity multiple, DSCR, etc.).

- Working knowledge of RERA, real estate documentation, loan/escrow structures, and standard industry compliance requirements.

- Proven track record of managing external stakeholders - developers, lenders, contractors - with strong commercial judgement.

- Advanced proficiency in Excel/financial modelling; comfort working with data-heavy reporting and dashboards.

- Strong written and verbal communication skills, with the ability to prepare investment committee-ready reports and presentations.

- Ability to work independently in a lean and fast-paced environment with an ownership mindset.

- Willingness to travel locally for site visits as required by the portfolio.