Analyst, Asset Management
Analyst, Asset Management
Apply locations: Toronto, Ontario
Time type: Full time
Posted on: Posted Yesterday
Time left to apply: End Date: December 3, 2024 (12 days left to apply)
Job requisition id: JR24101767
Reporting to the Senior Director, Asset Management, the Analyst, Asset Management is accountable for the efficient, on-time and accurate delivery of portfolio reporting and analysis with respect to all aspects of Manulife’s Eastern Canada portfolio. The role also involves making supported recommendations on leasing strategies, capital investment programs, operational efficiencies and other value enhancement initiatives throughout the portfolio.
Responsibilities
- Assist in creating and maintaining strategic asset plans for each property in the portfolio, including implementation of asset management led initiatives.
- Identify and recommend value initiatives within the assigned portfolio; including lease strategies, asset repositioning, development opportunities, supplier contracts, etc.
- Review and summarize leases and gain an understanding of the key legal clauses.
- Facilitate the quarterly and annual property review and budgeting process in conjunction with property management and leasing teams.
- Provide analytical support for major new and renewal tenant leases to facilitate negotiations.
- Build and maintain cash flow valuation models to assess the value and cash flow implications of prospective lease transactions, proposed developments and various capital projects.
- Provide support to investments teams during the due diligence process with respect to assets for sale or acquisition as needed.
- Assess, monitor and provide updates on project budgets and schedules, with focus on variance analysis and cash flow forecasts.
- Assist property management teams with building capital and operations related projects including cost benefit analysis, project status updates and other reports required for project approval and implementation.
- Assist internal and external parties with the coordination and review of quarterly third-party appraisal process.
- Attend property tours and inspections together with building relationships with brokerage community, appraisers, property, leasing and development managers and other partners.
- Keep current with market trends and prepare market reports and research for internal use.
- Support other real estate and portfolio related initiatives as assigned.
What we are looking for
- Minimum of 1 to 2 years of relevant commercial real estate industry experience with an operator, landlord or service provider.
- Undergraduate degree in real estate, business, math/statistics, urban planning, engineering or other relevant area of study.
- Knowledge of real estate portfolio leasing, administration, procedures and legal terminology would be welcomed.
- Candidates with knowledge of Argus Enterprise software preferred.
- High technical proficiency with Microsoft Excel and PowerPoint.
- Knowledge and demonstrated interest of financial and real estate markets.
- Well-developed communication and negotiating skills.
- Ability to meet multiple targets and work in a fast-paced working environment.
- Strong work ethic with a commitment to detail and accuracy.
When you join our team:
- We’ll empower you to learn and grow the career you want.
- We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team, we’ll support you in shaping the future you want to see.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better.
Manulife is an Equal Opportunity Employer
At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals.
Primary Location: Toronto, Ontario
Working Arrangement: Hybrid
Salary range is expected to be between: $74,000.00 CAD - $111,000.00 CAD
If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location.
Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans.
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Learn more at https://www.manulife.com/.