Director, Asset Management

Toronto, ON, Canada

Job Description


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 youxe2x80x99ve got deep experience in commercial real estate, skilled trades or technology, or youxe2x80x99re 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 JLLxe2x80x99s 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 YOUxe2x80x99LL BE DOING:Work with JLL Property & Asset Management leadership team to achieve client goalsLead and participate in client relationship management and account leadershipLead and participate in the execution of the property and asset management mandateDevelop and ensure best practices and resources for the Portfolio are in place, and foster continuous improvement within the teamLead and participate in client meetings as required, reporting on activities and value creation activities for our managed propertiesWorking 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 PlansLead the development of asset strategies for the Portfolio including short, medium and long-term objectives for the PM groupProactive oversight of execution of capital plans and monitoring of the capital expenditures for all assets in the PortfolioWork 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 anyUndertake property and Portfolio reviews with the objective to improve profitability, maximize revenues, and recommend asset enhancementsEstablish and maintain effective and working relationship with internal and external constituents, such as senior PAM leadership to maximize returns of the portfolioDrive ESG/sustainability performance and environmental, health and safety excellence, and innovation with the teamProvide an experiential approach which guides a differentiated property management experience, resulting in better care and better businessContribute to the establishment and refinement of work quality, cultural initiatives and best practices to drive results as a teamAssist in continuous improvements in our JLL integrated national operations platform to serve Portfolio/clientLiaison and collaborate with JLL PM (USA), JLL XM and JLL Flex teams in order to seek opportunities to drive value in the PortfolioLead and participate in onboarding/transitions of new assets/portfolios, team members, and JLL best practices for the PortfolioAssist 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 teamAct 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 employeesContribute to ongoing professional business development activities.Contribute to the Company achieving its gross revenue and net operating income objectivesContribute to the general business development efforts of the Company by representing the companyParticipate in special projects and take on other duties, as neededWHAT YOU BRING:5-10 years of asset management experienceDirect office and industrial experience considered an assetUniversity degree in business administration or equivalentSelf-starter that thrives in an entrepreneurial environmentFundamental understanding of real estate including leasing, operations and accounting/reportingStrong analytical and financial skillsGreat communication skills; ability to clearly and concisely communicate to internal teams and external stakeholdersStrong knowledge of ArgusHard working and energetic; ability to prioritize workload and manage competing prioritiesExcellent attention to detail and organizational skillsAbility to collaborate and build positive relationships within a team environmentResults oriented and able to identify value creation opportunitiesWHATxe2x80x99S IN IT FOR YOUJoin an industry leader and shape the future of commercial real estateDeep investment in cutting-edge technology to power your workComprehensive and competitive benefits planA supportive, caring and diverse work environment designed for your growth and well-beingLocation:On-site xe2x80x93Toronto, ONIf this job description resonates with you, we encourage you to apply, even if you donxe2x80x99t meet all the requirements. Wexe2x80x99re interested in getting to know you and what you bring to the table!JLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLLxe2x80x99s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our .For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy .Jones Lang LaSalle (xe2x80x9cJLLxe2x80x9d) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process xe2x80x93 including the online application and/or overall selection process xe2x80x93 you may contact us at . This email is only to request an accommodation. Please direct any other general recruiting inquiries to our page
I want to work for JLL.

Jones Lang LaSalle

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Job Detail

  • Job Id
    JD2357240
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned