Asset Management Associate

**_Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you. _**

**Working Arrangement**

Hybrid

**The opportunity**

Manulife Investment Management manages approximately 10.5 million square feet of real estate assets in Western Canada on behalf of both Manulife’s general account and third-party funds and accounts. Our West region includes a mix of office, retail, industrial and multifamily properties, ranging from core to value-add assets.

Manulife Investment Management is seeking an Asset Management Associate, Western Canada, to play a key role within the Asset Management team. The team is responsible for creating and executing the business plans in the company’s Western Canada portfolio ($3B AUM). The Associate is responsible for financial modeling and analysis and will work closely with the Asset Manager in overseeing leasing, property management and capital projects. The position reports directly to the Director of Asset Management.

**Responsibilities**:

- Provide financial analysis and support for asset-level decision-making and transactions
- Conduct quantitative and qualitative analyses and reporting across the region’s portfolio, delivering forward-thinking analysis to support decision-making and strategy
- Conduct and/or support analysis for evaluation of leasing opportunities, capital projects, and tenant credit. Develop and present findings for Senior Management and Portfolio Managers as required
- Assist with acquisitions and dispositions when applicable
- Play an integral role in identifying market trends and extracting insights for the regional portfolio, contributing to market commentary produced by regional Asset Managers. Present and review with Senior Management and Portfolio Managers as required
- Assist in creating and maintaining strategic asset plans for each property in the assigned portfolio, including implementation of asset management led initiatives
- Support asset-level business plans and valuation models.
- Support Asset Manager with coordination, production, and presentation of annual business plans to Senior Management and Portfolio Managers.
- Develop and maintain quarterly Argus models and support hold vs. sell analyses conducted by regional Asset Managers. Undertake model audits, quality assurance reviews, and support best practices compliance
- Coordinate appraisal review and commentary by regional Asset Managers and conduct variance analysis to external appraisals
- Support Asset Manager in oversite of leasing, property management, and capital projects.
- Manage interface with leasing brokers, review LOIs, leasing documents, and outside broker listing agreements
- Review and selectively audit asset-level financial reporting submitted from Property Managers, including capital commitment forecasts, expense recovery calculations, and funding projections. Oversee timeliness of Yardi financial and accounting information submitted from Property Managers
- Assist on an ad-hoc basis for ongoing capital projects across the region
- Assist with training & mentoring analysts

**What motivates you?**
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.

**What we are looking for**
- Undergraduate degree in Finance, Accounting or Economics from top academic institution
- MBA or Master’s Degree with concentration in Commercial Real Estate is preferred
- Minimum of 4-6 years of relevant experience preferably from one of the top capital markets brokerage firms or other institutional real estate organizations
- In-depth knowledge of real estate investment, asset management, accounting and administration concepts
- Ability to develop investment strategies and provide recommendations for changes or enhancements to improve investment objectives. Ability to integrate top-down and bottom-up perspectives into investment recommendations
- Capable of managing competing priorities and maintaining strong attention to detail under strict deadlines
- Superior analytical and critical thinking skills (both quantitative and qualitative).
- Able to successfully work in a team-oriented environment and partner with different functional groups
- Demonstrated leadership skills and a strong sense of ownership
- Strong work ethic, a high level of integrity, and the desire to take initiative
- Excellent written