Asset Manager

We’re looking for a motivated Asset Manager who will contribute to the day-to-day management and analysis of a growing portfolio. In this role, you’ll have the opportunity to lead the development and implementation of the asset strategy including the on-going analysis and management of 2,500+ rental units located within Montreal, Ottawa, and Nova Scotia. This successful candidate will be a motivated, self-starter with a passion for real estate. Skills required in this position include a strong work ethic, well developed analytical and interpersonal skills and a team-oriented approach.  
 
RESPONSIBILITIES 
                                                                                                          
Planning & Strategy 

• Represent GWLRA Residential in Eastern markets to all internal and external stakeholders
• Provide strategic portfolio planning + prepare asset plans
• Assess strategic opportunities for various assets and investments, including developing revenue enhancing and cost reduction strategies
• Assess financial and operational performance of assets on a monthly, quarterly, and annual basis
• Evaluate historical and projected operation performance and participate in the preparation of annual budgets and performance targets
• Take on an advisory role in pre-development pipeline and development transitions to IPP

Valuation & Analysis 

• Build and maintain cash flow and valuation models in Argus using a variety of approaches including discounted cash flow (DCF) analysis
• Prepare analysis and reports for various internal committees. 
• Work with internal teams during acquisition, disposition, and development phases and participate in the due diligence process 
• Lead appraisals and take an active role in the valuation process. 
• Evaluate return performance of assets and compare with market benchmarks 

Research, Presentation & Reporting 

• Lead market research to support hold/sell strategies
• Evaluate new technology, capital projects, value enhancing initiatives and their near and long term impact on the portfolio
• Evaluate investment and return performance of various assets and investments and compare with market benchmarks
• Prepare monthly, quarterly, and annual performance reporting for portfolio management

Presentation Preparation:

• Support the preparation of quarterly client presentations and ad hoc client requests

People Leadership:

• Provide guidance and training to other employees in department
• Direct workflow, assign and delegate work and/or projects appropriately
• Participate in supervisory functions including staff admin processes (contribute to performance evaluations, etc.)

 
QUALIFICATIONS 

• Minimum of 3 years experience gained from a similarly positioned role in commercial and/or residential asset management, investment analysis, brokerage or appraisal 
• University education in a related discipline such as finance, real estate or accounting. 
• Expertise in calculating real estate returns and investment performance 
• Advanced Excel skills as well as previous Argus Enterprise experience 
• Experience providing clear and actionable recommendations and solutions to a variety of complex financial, legal, and contractual problems 
• Proven track record for building and maintaining effective working relationships with a variety of internal and external stakeholders 
• Bilingual in French and English