JLL empowers you to shape a brighter way.
Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Are you ready to shape the future of key JLL client portfolios and JLL’s Asset Management practices across Canada and create greater value for our clients and us? As the Director, Asset Management, you'll lead the company in optimizing portfolio performance, and providing a differentiated property management experience, resulting in better care and better business.
We will rely on your expertise to drive change through the development and implementation of cutting-edge property and asset management strategies, technology, and data analysis. This role offers a unique opportunity to make a significant impact on our Property and Asset Management business through enhanced leadership and elevated strategies. Some of our goals are portfolio performance and growth, progressive industry leadership, talent growth and expansion, service line excellence and best practices.
JLL stands at the forefront of transforming the Canadian property and asset management landscape. In this pivotal moment, the Director, Asset Management will play an instrumental role in steering our organization and clients towards unprecedented innovation and success.
WHAT YOU’LL BE DOING:
Work with JLL Property & Asset Management leadership team to achieve client goals
Lead and participate in client relationship management and account leadership
Lead and participate in the execution of the property and asset management mandate
Develop and ensure best practices and resources for the Portfolio are in place, and foster continuous improvement within the team
Lead and participate in client meetings as required, reporting on activities and value creation activities for our managed properties
Working with the client, lead the development, monitoring, and managing of annual budget(s) including: review leasing plans , review operating budgets, review capital plans, compare to the Asset Strategy Plans
Lead the development of asset strategies for the Portfolio including short, medium and long-term objectives for the PM group
Proactive oversight of execution of capital plans and monitoring of the capital expenditures for all assets in the Portfolio
Work and collaborate with Leasing group including: quarterback the daily collaboration between the Leasing team and the PM/Operations team to optimize investment performance. Analyze lease deals to assess their impact on asset value and make formal recommendations to the Client. Assess the covenant of prospective tenants and take measures to appropriately mitigate risks.
Manage the appraisal process including: Coordinate all real estate valuation processes and schedules being undertaken. Provide and/or coordinate the delivery of all necessary information to the appropriate appraisers in order to facilitate the undertaking of the valuation of the asset. Review all valuations to ensure that appropriate property level assumptions and market assumptions are being utilized. Undertake necessary variance analyses to determine the variance in valuations from the prior valuation and provide appropriate variance explanations. Present to the current valuations and variance explanations from the prior valuation, if any
Undertake property and Portfolio reviews with the objective to improve profitability, maximize revenues, and recommend asset enhancements
Establish and maintain effective and working relationship with internal and external constituents, such as senior PAM leadership to maximize returns of the portfolio
Drive ESG/sustainability performance and environmental, health and safety excellence, and innovation with the team
Provide an experiential approach which guides a differentiated property management experience, resulting in better care and better business
Contribute to the establishment and refinement of work quality, cultural initiatives and best practices to drive results as a team
Assist in continuous improvements in our JLL integrated national operations platform to serve Portfolio/client
Liaison and collaborate with JLL PM (USA), JLL XM and JLL Flex teams in order to seek opportunities to drive value in the Portfolio
Lead and participate in onboarding/transitions of new assets/portfolios, team members, and JLL best practices for the Portfolio
Assist in continuous improvements in our JLL integrated national operations platform to serve Portfolio/client including: Applying new technology and data to drive change. Contribute to the establishment and refinement of work quality, cultural initiatives and best practices to drive results as a team
Act as leader and ambassador for JLL Canada, serving as active member of the real estate community, participating in relevant organizations serving as a subject matter expert, board member, panelist, ambassador, charity events, etc.
Contribute expertise in a team-based work setting to various business opportunities conducted by other Company employees
Contribute to ongoing professional business development activities.
Contribute to the Company achieving its gross revenue and net operating income objectives
Contribute to the general business development efforts of the Company by representing the company
Participate in special projects and take on other duties, as needed
WHAT YOU BRING:
5-10 years of asset management experience
Direct office and industrial experience considered an asset
University degree in business administration or equivalent
Self-starter that thrives in an entrepreneurial environment
Fundamental understanding of real estate including leasing, operations and accounting/reporting
Strong analytical and financial skills
Great communication skills; ability to clearly and concisely communicate to internal teams and external stakeholders
Strong knowledge of Argus
Hard working and energetic; ability to prioritize workload and manage competing priorities
Excellent attention to detail and organizational skills
Ability to collaborate and build positive relationships within a team environment
Results oriented and able to identify value creation opportunities
WHAT’S IN IT FOR YOU
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being
Location:
On-site –Toronto, ONIf this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements. We’re interested in getting to know you and what you bring to the table!
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