About the Opportunity

KingSett Capital is seeking a Director, Asset Management to join the Vancouver team reporting to the Senior Vice President, Office based in Toronto. In this role you will be responsible for overseeing the value creation strategies on a property-by-property basis primarily for Office within KingSett’s Western Canadian portfolio, currently encompassing Vancouver and Calgary.

This role will appeal to you if you are a strategic thinker who is passionate about real estate, possess a true sense of ownership, take great pride in the quality of work you do and demonstrate integrity, humility, and respect in every interaction. You must be a solutions-oriented team player, have an entrepreneurial spirit, and enjoy working in a fast-paced, transparent environment.

Location

Vancouver

Compensation

Base salary range of $150,000-$200,000.

Total compensation includes salary, bonus, benefits, and other perks.

Role Responsibilities

  • Provide strategic portfolio and property planning, including direct engagement in leasing, operations, AR, marketing, and amenity programs including making recommendations on leasing contracts and property operations.
  • Focus on revenue generation primarily for the Office portfolio across multiple fund structures.
  • Assist in the preparation of the Annual Portfolio Plans and reviewing and approving Annual Property Budgets; and managing operating capital for long-term asset preservation.
  • Conduct monthly property reviews to ensure timely delivery of property results and alignment and advancement of key property objectives.
  • Ensure the delivery of property management services and other services to increase property values and returns.
  • Support the Investments team with the acquisition and disposition of Properties on an as required basis.
  • Oversee the development and execution of all Office property leases. Work closely with the brokerage network to build productive, professional relationships and maximize value.
  • Act as KingSett’s designated representative in most dealings with Property Managers, Leasing Agents, Consultants, Governmental Authorities, and other key individuals. Recommend the appointment of the Property Manager and Listing Agents for each of the properties and coordinate and supervise the performance of all such services.
  • Work closely with the team’s Construction Managers through the review and approval process for all contracts for construction of tenant improvements and other projects.
  • Review in detail any reports, budgets, or other information prepared by Property Managers.
  • Manage environmental matters, risk and liabilities and assist with insurance and other risk management ensuring, without limitation, that the properties are insured.
  • Oversee Property Managers as they develop monthly performance reports and manage annual property budgets; monitor budgets on a regular basis to ensure that they are maintained; and develop long-term plans for major capital projects.
  • Preparation of comprehensive internal reporting on all facets of the assets (operations, leasing, marketing, capital) and including market outlook.

Candidate Profile

  • Undergraduate degree, business commerce is a strong asset.
  • Minimum of 7 years of experience primarily in Office within the real estate industry, with an established track record, including exposure to leasing, operations and strong understanding of financial concepts such as recoveries.
  • Advanced proficiency in Excel, Word, PowerPoint and VTS.
  • Excellent written and verbal communication skills, with the ability to engage diverse individuals at various levels.
  • Proven experience in identifying value creation opportunities and building relationships with external stakeholders.
  • Strong relationships with the brokerage community and a strategic understanding of market activity.
  • Able to thrive in a fast-paced, dynamic environment, effectively managing multiple competing tasks under tight deadlines.
  • Strong ethical standards, demonstrating both professional and personal integrity.
  • Collaborative team player with a positive attitude and exceptional interpersonal skills.
  • Analytical and strategic thinker, adept at assessing complex situations and making effective recommendations.
  • Detail-oriented, well-organized, and resourceful with a high level of dedication.
  • Proactive self-starter, comfortable working under pressure and with senior management teams.
  • Embodies humility and respect in all professional interactions.

About KingSett Capital

Founded in 2002, KingSett Capital is a Canadian private equity real estate investment business which creates and co-invests in real estate investment solutions to deliver sustainable premium risk weighted returns. KingSett manages $18 billion in assets across its Growth, Income, Urban, Mortgage, Residential Development and Affordable Housing strategies.

Application Process

If you are interested in this opportunity, kindly submit your resume in confidence via email to [email protected]. Your resume should be in PDF format with “DIRECTOR, ASSET MANAGEMENT” as the email’s subject.

KingSett Capital is committed to accommodating applicants with disabilities throughout the hiring process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA).