Financial Asset Manager Job Description

April 13, 20120 Comments

Financial Asset Manager Job Description and Profile

Every organization has assets that help in the growth of the organization. Financial assets of the organization are a major portion of the organization’s investments. A financial asset manager is the person who oversees all the transactions, legal documents and authorization with regard to organization assets.

Financial Asset Manager Duties and Responsibilities

  • Ensuring that the asset is legal and not under any kind of controversy from any government body or from a third party
  • Evaluating whether the acquisition of the property is worth for the organization
  • Estimating the market value of the asset
  • Ensuring that all legal documents with regard to the acquisition of the asset are in order
  • Presenting the reports regarding estimation and evaluation of assets to the executive body of the organization
  • Reviewing the value of assets and working towards increasing their value
  • Ensuring that payments are regularly received from assets that are leased or rented
  • Ensuring that all mortgage, lease and rent documents are in valid status and renewing them before the deadline
  • Managing the functions of staff and allocating responsibility
  • Documenting all data related to assets in an organized manner
  • Verify legal documents pertaining to ownership, sale and purchase of assets

Financial Asset Manager Education, Training and Qualifications

In order to be a financial asset manager, studying a management and administration course is essential. The applicant has to be trained in asset management by working as a subordinate to managers. Experience of work is very important since the job deals with practical aspects such as negotiations and bureaucratic procedures.

Financial Asset Manager Degrees, Courses & Certification

A bachelor’s in Business Management and Administration is the basic degree required and can get an applicant an entry level job. However, for faster career growth, a master’s degree in Business Administration is necessary. Applicants with a bachelor’s or masters in law are also eligible for the job.

Financial Asset Manager Skills and Specifications

  • A sound knowledge about various aspects of financial and real estate assets
  • Outstanding communication skills
  • Excellent management ability
  • Should have a keen sense of observation in order to spot hidden costs or other discrepancies from legal documents
  • Should be skilled in negotiations
  • Performance should be result oriented and prompt
  • Excellent computer skills

Financial Asset Manager‘s Salary/Wage

The salary of a financial asset manager ranges between $75,000 and $165,000 annually.

Download Financial Asset Manager Job Description in Word Format

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