Asset Manager - Jobs in Calgary, AB

Job Description

THE ROLEJoin Triovest as an Asset Manager at our Calgary location. The primary objective of this role is to maximize asset value for the owner through the prudent generation and management of cash flow as well as development, and operating processes. This candidate will be working within the related business unit and will also work closely with the investment management team. The successful candidate will be exposed to all of the asset management functions that comprise the company’s fiduciary mandate including the principals of good governance and transparency.WHY CHOOSE TRIOVESTAt Triovest, we have clear guiding core values and principles, and we live by them every day in everything we do. When you join us, you will find that collaboration and trust go hand-in-hand, creating genuine relationships with colleagues, leaders, shareholders, and clients.As we grow and evolve, you can too. There is ample opportunity to build your skills and grow in your career while working on exciting, industry-leading projects. Your potential is limitless.Here are some of the great benefits that our employees enjoy:

• A comprehensive health benefits package, including a health spending account and personal spending account, access to virtual health, and an employee and family assistance program (EFAP)
• Personal & sick days
• National and local social committees – fun events, webinars, and team building activities held throughout the year for employees
• Speaker Series to support diversity, equality, and inclusion
• Corporate Charity Program – making a positive difference and supporting our communities through paid volunteering days and charity matching
• Tuition for training & development
• Employee Referral Program – our people are our greatest asset, we’re always looking to grow our teams, and we offer a substantial Employee Referral Program
• Discounted membership fees with GoodLife
• Cell phone plan discounts with Rogers

WHAT WILL YOU BE DOING

• Direct the preparation of the annual strategic asset management plan for the properties, monitoring the plans, and making recommendations to adjust the plans to meet our investment targets.
• Assist in the mapping and scheduling of all key annual activities required as part of the AM mandates.
• Work closely with our key investor accounts representatives to ensure key deliverables and client expectations are met.
• Work with Leasing, Property Management, and Development teams in the ongoing asset management and growth of the portfolio.
• Monitor and analyze the assets performance by way of regular meetings with the Property Management and Leasing teams, reviewing monthly reports, and performing ongoing reviews of leasing activity, major expenses, and capital programs.
• Prepare quarterly actual and forecast property level detailed asset management reports including, financial returns, cashflow, valuation, capital, operations, tenancy, market and leasing matters.
• Ensure compliance with Asset Management, Co-ownership and other executed agreements.
• Work with the Senior Vice President in the coordination and review of annual budgets for all third-party clients for both property and portfolio reporting.
• Coordinate and review of year-end presentation materials.
• Coordinate with Triovest’s Risk Management Team and report on environmental oversight and compliance.
• Assist the SVP with investor relations, including regular communications, distributions, meeting requests, cash calls and ad hoc investor inquiries and reporting requirements.
• Review all construction projects such as Landlords work, tenant work, and all capital expenditures; ensure approved tendering process is followed.
• Build and review proformas and conduct hold vs sale analysis on a regular and ad hoc basis. Manage and lead the internal valuation process along with the Investment Management Committee (IM).
• Conduct regular reviews of financial underwriting/proformas and recommend strategies or alternate courses of action to maximize investment returns targets.
• Support SVP with the deployment of capital including due diligence and transaction management with the Investment Management group.
• Work closely with the SVP in the rollout and ongoing management of a new private equity real estate fund, including assisting with growing the AM infrastructure/platform to support this new portfolio growth.
• Work closely with and support the various business unit leaders and management on various projects on an ad hoc basis.

WHAT ARE WE LOOKING FORWe believe success in this role will demonstrate itself through the following attributes and skills:

• The ideal candidate is highly organized with a keen eye for detail, strong financial acumen, a high level of business maturity and solid decision-making skills.
• The successful person will possess deeply rooted emotional intelligence and be a thoughtful and humble collaborator. As well, they must be self-starter, a strategic thinker and have a service-oriented attitude that will encourage continuous improvement of service and performance.
• Strong interpersonal skills with an outstanding level of integrity that will gain the trust and respect of staff and external stakeholders.
• Demonstrated organizational skills, and the ability to effectively prioritize in a demanding, high paced environment.
• Ability to resolve complex issues and unforeseen obstacles quickly and efficiently.
• Proven track record in successfully enhancing or repositioning properties.
• Must be inclusive and supportive of the diversity within the Triovest team.
• A strong communicator who can effectively address both small and large groups with empathy, credibility and trust.

To fulfill this role successfully, you should demonstrate the following minimum qualifications:

• Bachelor’s degree in business/commerce; a finance, CA, CMA or CFA designation is an asset.
• Minimum 3-5 years of asset management experience with significant exposure to investment management, transactions & due diligence, portfolio management and underwriting.
• Fund management & investor relations experience would be an advantage.
• Strong knowledge of the Alberta real estate market.
• Technical skill using Argus, MS Office, Yardi, and financial systems.
• Strong presentation skills with the ability to develop and deliver all investor reporting including in-person meetings.

ABOUT TRIOVESTTriovest is a Canadian investment manager and developer of institutional-quality commercial and residential properties. The company offers a full suite of complementary real estate services, including asset management, leasing, property management, sustainability, and risk-mitigation services. Its portfolio of office, industrial, residential, retail, and mixed-use properties is valued at over $12 billion, with $2 billion currently under development. With more than 45 million square feet of real estate assets under management on behalf of individual and institutional investors, Triovest is one of the largest privately-owned commercial real estate companies in Canada.We believe that the quality of our people directly impacts the quality of our work, therefore we place a high value on attracting and retaining exceptional individuals. Triovest fosters a hands-on approach to value creation for our clients through innovation and collaboration. Learn more about Triovest by visiting our website.Triovest is an Equal Opportunity EmployerWe believe in the power of diversity and we are dedicated to creating a diverse, equitable and inclusive environment at Triovest. Accommodation for applicants with disabilities is available upon request during the recruitment and selection process. For all internal and external applicants who require accommodation in the recruitment and selection process, please contact eboyack@triovest.com for assistance/support.Vaccination PolicyTriovest requires all employees to be fully vaccinated against COVID-19. An exemption from this requirement is provided on an exceptional reason, such as medical, creed or religious reasons in accordance with the relevant Human Rights legislation in the province in which you work.#LI-DNI#INDHPEducationPreferred

• Bachelors degree or better in Finance

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