Recruiting - Banner

Asset Manager

1 City Centre, One City Centre Drive, Suite 300, Mississauga, Ontario, Canada Req #912
Wednesday, November 20, 2024
GWLRA is a leader in both the commercial and multi-residential real estate industries. We believe in generating value by creating vibrant, sustainable communities that engage, excite, and inspire. Our people live our values through the work they do and the results they deliver. Our core values are keeping our word, working better together and embracing diversity.

We’re looking for an Asset Manager to lead both the development and implementation of asset strategy! This role drives the analysis and management of a variety of industrial and retail properties in a collaborative team-based environment. 

 

RESPONSIBILITIES

 

Planning + Strategy

  • Assess strategic opportunities, including developing both revenue enhancing and cost reduction strategies
  • Assess financial and operational asset performance on a monthly, quarterly, and annual basis
  • Participate in annual budget and performance target preparation
  • Prepare annual business plans

 

Valuation + Analysis

  • Lead appraisals and take an active role in the valuation process
  • Build and update valuation models for reforecasting returns, cash flow and scenario analysis 
  • Analyze lease deals to assess their impact on asset value
  • Assess the covenant of prospective tenants and take measures to appropriately mitigate risks
  • Work with internal teams during acquisitions, dispositions, and development

 

Research + Reporting

  • Prepare reporting for portfolio management on monthly, quarterly, and annual performance
  • Evaluate both the near-term and long-term capital projects, and value enhancing initiatives on the portfolio
  • Prepare hold/sell recommendations for non-core assets

 

Leadership + Collaboration

  • Work with the leasing team to ensure high levels of occupancy while maximizing returns
  • Collaborate with the property management team on operational and day-to-day management activities

 

Presentation Preparation

  • Support the preparation and delivery of quarterly client presentations and a variety of ad-hoc client requests

 

 

QUALIFICATIONS

 

  • 3+ years of senior-level commercial asset management experience
  • A bachelor’s degree in business or real estate; MBA is a plus
  • Extensive experience calculating real estate returns and investment performance
  • Argus Enterprise experience
  • Advanced MS Excel skills
  • Self-starter with a strong attention to detail
  • Demonstrate ability to work independently and establish priorities to meet tight deadlines  
  • Experience providing clear and actionable recommendations and solutions to a variety of complex financial, legal, and operational problems
  • Ability to build and maintain effective working relationships with both internal and external stakeholders

WHAT WE OFFER

  • 3 weeks of vacation per year
  • 3 paid personal days per year
  • Half-day every Friday before a long weekend
  • Eligible to participate in our annual performance based bonus program
  • A comprehensive health benefits plan that supports you and your family
  • Up to $2,000 annual education allowance
  • Up to $5,000 annual mental health coverage
  • A friendly, welcoming, and supportive culture
  • Many social and team events!

Our Business
 

Learn more about our commercial and residential businesses, our values, and careers at GWLRA.

Our Commitment to Diversity
 

GWL Realty Advisors is an equal opportunity employer. It prohibits discrimination based on age, color, disability, national origin, race, religion, gender, sexual orientation, and any other legally protected class in accordance with applicable federal, provincial and local laws. We are committed to creating and maintaining an inclusive and accessible workplace. If you are contacted for an interview and require accommodation during the interviewing process, please let us know.

Other details

  • Job Family Asset Management - Commercial
  • Job Function Asset Management
  • Pay Type Salary
  • Employment Indicator Regular Full Time
  • Travel Required Yes
  • Required Education Bachelor’s Degree
Location on Google Maps
  • 1 City Centre, One City Centre Drive, Suite 300, Mississauga, Ontario, Canada