Asset Manager

Winnipeg, MB, CA, Canada

Job Description

Position Title:

Asset Manager

Department:

MMI Asset Management

Employment Type:

Full-Time

Application Deadline:

December 1, 2025



PURPOSE



Building trust through excellence.

VISION



Relentlessly advancing commercial real estate to provide remarkable experiences.

CULTURE



Stewardship and empowerment; integrity and fair play; remarkable experiences; mutual respect and authenticity; relationship-driven success; internal recognition and role clarity; fun!

About the Company:



MMI Group Inc. is a full-service commercial real estate firm in Winnipeg, Manitoba that provides solutions in brokerage, asset management, property management, and advisory services. Our Asset Management team specializes in acquisition, development, and management of quality commercial properties.



We are looking for an Asset Manager to join our team. If you are a detail-oriented professional looking for a fun, hardworking and collaborative team that supports learning and continuous improvement, we want to meet you!

Summary:



The Asset Manager for MMI ideally has 3-5 years of property management experience, with a background in investment and financial management. The Asset Manager works in conjunction with the VP of Asset Management helping to oversee the overall performance and growth of assets within the MMI portfolio and reporting regularly to the business and to stakeholders. Working cross-functionally with property management, brokerage, development, and finance and accounting teams, the Asset Manager supports the planning, execution, and financial performance monitoring of MMI's real estate investment and development portfolio. This role would also assist in underwriting, financial modeling, reporting, forecasting, and analysis to drive data-informed and strategically aligned decisions. The position combines both strategic and operational aspects of commercial real estate investment and debriefs on lessons learned and outcomes to continuously improve as the organization scales its growth.



This role reports directly to the Vice President, Asset Management.



Required Skills and Abilities:




Post-secondary degree in Business, Commerce or a related field; a combination of education and related work experience will be considered. Chartered Professional Accountant (CPA) or Chartered Financial Analyst (CFA) designation considered an asset. Minimum three to five (3-5) years of direct commercial real estate experience, with exposure to investment management. Strong financial acumen, including budgeting, reviewing financial modeling and proforma analysis, as well as cost forecasting. Experience with transactions, due diligence, portfolio management and underwriting, in a commercial real estate setting. Knowledge of the Manitoba real estate market. Demonstrated proficiency with financial and investment management systems (Yardi, and Juniper Square). Intermediate to advanced skills using Microsoft Outlook, Excel, Word and other Microsoft Office programs is required. Project management skills, including a foundation understanding of construction processes, risk management, scheduling, budgeting in real estate development, and the ability to manage multiple projects simultaneously is considered an asset. Naturally curious, seeks to understand, apply critical thinking, make data informed recommendations, with strong ability to problem solve and execute. Ability to work effectively in a rapidly growing/changing environment with a high degree of resourcefulness and adaptability Strong communicator (verbal and written) with a collaborative mindset, dedicated to delivering impactful solutions that drive scalable, strategic outcomes. Relationship Skills -Ability to develop and sustain cooperative working relationships at all levels of the organization Organizational Skills - Ability to allocate one's time effectively and manage tight deadlines; ability to work under pressure and achieve quality results; ability to handle multiple demands and competing priorities. Decision Making Skills - Ability to resolve problems using facts and sound reasoning; ability to achieve goals using a strategic approach; proven innovation with a willingness to manage and adapt to change.




Duties and Responsibilities:




Monitor and analyse property-level financial performance, including NOI, occupancy, leasing activity and capital expenditures, creating an annual and multi-year plan. Prepare monthly, quarterly, and ad hoc financial performance reports across the portfolio. Analyze variances and key financial indicators to evaluate trends and inform asset strategies. Identify trends, risks, opportunities to optimize portfolio performance. Support the VP of Asset Management in developing business plans, strategies and ongoing management of asset-level and portfolio-level forecasts. Assist with feasibility studies and scenario modeling (i.e. Sensitivity testing, IRR, equity multiple and NOI, etc.) for investment, development and repositioning opportunities within the portfolio. Collaborate with finance and accounting teams to validate data integrity and reporting consistency. Assist with the annual budgeting process for assets under management, in collaboration with property management, leasing, and development teams. Assist with capital planning and cash flow forecasting. Track variances between actual performance and budget and forecast, providing actional insights. Contribute to long-range financial planning and scenario analysis for the real estate portfolio. Conducts business in a fiscally responsible manner, considering budget and potential costs. Assist in due diligence for acquisitions, dispositions and financing activities. Review third-party reports (i.e. appraisals, environmental studies, lease abstracts, etc.) and assess financial impact. Assist in analyzing new development opportunities, including pre-development financial modeling and ROI projections. Monitor development budgets and support monthly draw reporting and lender packages. Prepare internal reporting packages that summarize project progress and financial performance. Conduct market research and comparable analysis to inform assumptions in financial models. Stay informed of real estate trends, cap rates, valuations, and economic indicators relevant to the portfolio. Review and recommend strategies as necessary to mitigate risks and seize opportunities. Support the preparation of investor updates, quarterly performance summaries, and presentation materials. Collaborate to ensure transparent, accurate, and timely communication of portfolio performance to investors. Assist in developing content for investor reporting packages and capital call or distribution notices. Collaborates with the VP Asset Management on legal related matters as needed. Ensure compliance with Asset Management, Co-ownership and other executed agreements. Assist with ensuring that compliance with all relevant regulations, including zoning, environmental standards, construction codes, KYC and AML, etc. are adhered to. Helps with managing due diligence and development checklists for all legal and regulatory compliance tasks (zoning, permits, environmental impact, etc.), related to the properties and developments.




Cushman & Wakefield | Stevenson is committed to principles of anti-oppression and employment equity. We strongly encourage members of Indigenous, ethno-racial, 2SLGBTQQIA, female-identifying, Francophone, immigrant, refugee, differently abled and other equity seeking groups to apply and self-identify. If accommodation is required during the hiring process, please inform us once selected for an interview.

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Job Detail

  • Job Id
    JD3112753
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Winnipeg, MB, CA, Canada
  • Education
    Not mentioned