Manager, Asset Management

at  OMERS

Toronto, ON, Canada -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate21 Nov, 2024Not Specified22 Aug, 2024N/AGood communication skillsNoNo
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Description:

Referred applicants should NOT apply directly to this role.
All referred applicants must first be submitted through Workday by a current OMERS and Oxford employee, and then must apply through the unique link received via their email.
Choose a workplace that empowers your impact.
Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be — and deliver — your best.
We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.
Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.
Don’t just work anywhere — come build tomorrow together with us.
We are looking for a highly motivated Manager, Asset Management to join our Canadian Asset Management team located in Toronto . In this role, you will be a key member of an engaged, high-performing team with a world-class culture that prioritizes people development and long-term growth. We take great pride in leading the industry by earning respect through every interaction, every day. We go above and beyond to protect and grow relationships by anticipating needs, being honest and considerate, and valuing customers as genuine partners.
The Manager, Asset Management will be part of the Canadian Asset Management team and primarily support the Canadian residential portfolio while also contributing to the retail and office portfolios. The Canadian Asset Management team is principally responsible for maximizing returns and asset values, managing co-owner relationships, developing asset management plans, and collaborating with key stakeholders, including operations, leasing, development, and investment teams, to drive asset values. The Manager, Asset Management will gain exposure to all facets of asset management including leasing, operations, financing, accounting, research, marketing, investments, and development.

Responsibilities:

RESPONSIBILITIES:

Oversee third-party residential property managers to ensure operating targets are achieved.
Lead the annual budgeting and ongoing reforecasting process for residential properties.
Lead a collaborative process with internal and external stakeholders to create, update, and maintain asset management plans and develop tools to track performance against plans.
Continuously improve analysis and reporting processes to provide actionable insights.
Analyze, report, and communicate financial variance and forecast reporting at the asset and portfolio level on a monthly and quarterly basis.
Establish and monitor operating, leasing, and capital expense targets.
Identify and implement process improvement initiatives within the residential portfolio, Asset Management team, and broader organization.
Work collaboratively to support and coordinate the execution of financing, development, and investment mandates.
Complete ad hoc projects, such as presentations for senior management, property tour packages, and materials for internal committees, as requested.
Engage in the broader Oxford and OMERS community through participation in company and industry events.
Mentor and train colleagues by providing training, coaching, and constructive feedback to a dedicated group of Analysts supporting the Canadian Asset Management team.

TO SUCCEED IN THIS ROLE, YOU:

Thrive in organizations that constantly evolve and adapt.
Embrace collaborative sharing of knowledge within a team environment.
Self-motivated with a strong work ethic and a high level of attention to detail.
Strong leadership, interpersonal, verbal and written communication, problem solving, and project management skills.
Proven analytical, financial modeling, and data analysis skills in Microsoft Excel.
Driven to achieving targets and continuously striving to deliver the highest performance through creative and critical thinking.
Ability to work well under pressure with multiple competing deadlines.
Undergraduate degree in Commerce, Finance, Real Estate, Urban Planning, or Engineering
6-8 years of work experience with a focus on residential real estate (asset management, leasing, appraisal, investments, or development), exposure to retail and office real estate considered an asset.
Proficient in Microsoft Excel and PowerPoint, knowledge of ARGUS Enterprise considered an asset.


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Real Estate/Mortgage

Accounts / Finance / Tax / CS / Audit

Real Estate

Graduate

Proficient

1

Toronto, ON, Canada