Asset Manager

Asset Manager – Retail Asset ManagementAs an Asset Manager, Retail Asset Management, you will enhance and drive value creation and long-term performance across Choice’s retail portfolio in Eastern Canada. Reporting into the AVP, Retail Asset Management, you will be responsible for evaluating market trends and property specific information to develop strategies and financial models for each asset and region, including working with our leasing, operations, transactions, and development departments to execute on these strategies to ensure each asset reaches its full potential.Key ResponsibilitiesFinancial Performance & ReportingPartner closely with the AVP, Asset Management to optimize the financial performance of the portfolio and analyze and gain insights on portfolio performance and risk factors.Prepare quarterly reporting, including recommendations for provisions, market trends, and lease deals completed in the quarter with rent spread analysis.Play a key role in preparing the annual property budget and reforecast information required for reporting.Monitor, review, and communicate regional, monthly, and quarterly NOI results to ensure accuracy and gain insights on portfolio performance, risk factors.Create, enhance, and manage various internal reporting & analytics, often in cooperation and collaboration with other departments.Review landlord work, tenant improvements, and commissions payments to ensure we are tracking to budget.Perform financial evaluations, analysis and/or covenant reviews for all categories of lease transactions (new lease, renewals, surrender arrangements, lease buyouts, rent deferrals/abatements and terminations).Assist with implementation of asset plans for designated region and achieve financial objectives for Choice’s income property portfolio.Deliver detailed economic and financial analyses for major new and renewal tenant leases to enable informed negotiations, evaluate development opportunities, and support capital enhancement initiatives.Continuously assess market trends and competitive positioning to refine asset-level strategies and identify opportunities for performance optimization.Support other real estate and alternative asset portfolio related duties as assigned.Stakeholder & JV Partner ManagementStandardize operational reporting for JV partners, including but not limited to monthly revenue, AR reports, capital requests, budgets, and forecasts.Review lease activity, including data processing for approval workflow.Foster strong internal and external partnerships, ensuring alignment on priorities and timely execution of initiatives.Qualifications3+ years of experience in Asset Management and Leasing experience is considered an asset.In-depth understanding and knowledge of property valuation and cash flows process & principles.Superior organizational and time management skills and the ability to work independently and collaboratively.Ability to utilize your critical thinking, analytical and decision-making skills in a fast-paced environment.Keen attention to detail and a high degree of accuracy.Advanced analytical and technical skills (experience with Power BI, MS Excel and Argus Enterprise is considered a strong asset).Excellent communication and interpersonal skills with the ability to foster, develop, and influence internal and external relationships.Fluently bilingual in both French and English.Exhibits Choice Properties’ CORE values and Blue culture through leadership and collaboration to deliver results.Missing a few of the above skills? No problem, we would still love to hear from youChoice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.Number of openings: 1Location: Montreal, Quebec, CanadaSalary: CA$50,000–60,000Please note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application. #J-18808-Ljbffr