Executive Director, Asset Management

Executive Director, Asset Management Date Posted : 11 / 11 / 2025 Req ID : 45978 Faculty / Division : Operations & Real Estate Partnerships Department : Real Estate Department Campus : St. George (Downtown Toronto) Description The Executive Director, Asset Management is a senior leadership role within the University of Toronto’s Space and Experiences team, reporting to the AVP, Spaces and Experiences and managing a team that consists of a Director of Asset Management, Director of Leasing, Ecosystem Director, Assistant Director of Accounting, Leasing Analysts and Real Estate and Investment Associates. This position is responsible for overseeing the strategic, financial, and operational performance of the University’s income-producing and mission-aligned Spaces and Experiences and real estate assets. As Toronto continues to experience rapid growth and urban intensification, the University’s land holdings face increasing external pressures and opportunities. The Director is tasked with ensuring that these finite real estate resources are optimally stewarded to support the University’s long-term academic vision while delivering institutional value and resilience. The Executive Director plays a key role in aligning asset strategies within the Spaces and Experiences portfolio with evolving campus needs and market conditions, real estate operational partnership management, lease management, occupancy and operational optimization, capital planning, and value creation across a complex portfolio. This position will work in close collaboration with the investment and development and teams within the Real Estate group and more broadly with the Execute Director of Operations within the Spaces & Experiences team as well as across the broader Spaces and Experiences portfolio. Operating in a high-performing team environment, the Executive Director must lead multiple initiatives simultaneously while providing mentorship and oversight to Directors, Associates, and Analysts on the asset management team. The role requires frequent engagement with executive stakeholders, including the Managing Director, Real Estate, AVP Spaces & Experiences, Vice-President of Operations and Real Estate Partnerships, and Chief Financial Officer. The ability to influence senior decision-making through clear, data-informed recommendations is essential. The role will also require external facing touchpoints with the institution’s partners and broader real estate market. Essential Qualifications Education A bachelor’s degree in business administration, Finance, Real Estate, Economics, Urban Planning, or a closely related field is required. A master’s degree in business administration (MBA), Finance, or Real Estate, or Professional certification or training in real estate finance (e.g., CFA, CPM, CAIA, ULI, or CCIM) is considered an asset. Experience A minimum of 10 years of progressively senior experience in asset management and real estate underwriting, leasing, or operations, ideally within an institutional or complex real estate multi-asset class platform, with a minimum of 5 years in a senior leadership role within asset management. Experience in capital planning and portfolio level management across a portfolio that includes a mix of different asset classes. Direct asset management experience across a multi-residential or student housing portfolio would be a benefit. Demonstrated leadership experience managing cross-functional teams, with a track record of mentoring, performance development, and fostering analytical excellence. Proven experience in portfolio and asset performance analysis, including NOI modeling, amortization schedules, capitalization rates, and debt structuring. Experience navigating complex regulatory, legal, and stakeholder environments, including work with joint ventures, land-use policy, or institutional governance structures. Familiarity with market data benchmarking tracking, incorporating real-time trends into strategic planning and recommendations. Skills Direct asset management experience in a mixed-use portfolio that includes operational excellence and capital planning. Direct experience in a portfolio that includes multi-residential product and / or student housing. Direct capital planning experience across multiple asset classes that includes multi-residential product and / or student housing. Awareness and / or experience in leasing including retail, office and / or life sciences or other alternative asset classes. Advanced proficiency in financial modeling, including Excel-based DCF analysis, NPV / IRR scenarios, and sensitivity testing. Exceptional command of the Microsoft Office Suite, especially Excel, PowerPoint (for executive presentations), and Word (for high-impact reporting). Strategic communication skills with the ability to present complex financial insights to senior leadership and governance committees in a compelling, accessible manner. Strong organizational and project management skills to drive high-stakes, multi-stream initiatives forward under tight deadlines. Other Deep understanding of real estate market fundamentals, capital lifecycle planning, and institutional investment strategies. Ability to navigate ambiguity and adapt quickly to evolving market conditions, shifting internal priorities, and stakeholder expectations. Strong capacity to influence without authority, collaborating across academic, operational, and external partner landscapes with diplomacy and strategic foresight. Demonstrated commitment to equity, diversity, and inclusion in decision-making, stakeholder engagement, and leadership practices. High ethical standards and a track record of discretion in handling confidential and sensitive institutional information. Closing Date : 11 / 25 / 2025, 11 : 59PM ET Employee Group : Salaried Personnel Subarea : PM Appointment Type : Ancillary Operations Schedule : Full-Time Pay Scale Group & Hiring Zone : PM 7 Hiring Zone : $145,219 - $169,423 Broadband Salary Range : $145,219 - $242,032 Job Category : Facilities / Ancilliary Services Diversity Statement The University of Toronto embraces Diversity and is building a culture of belonging that increases our capacity to effectively address and serve the interests of our global community. We strongly encourage applications from Indigenous Peoples, Black and racialized persons, women, persons with disabilities, and people of diverse sexual and gender identities. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences, and expertise are essential to strengthening our academic mission. As part of your application, you will be asked to complete a brief Diversity Survey. This survey is voluntary. Any information directly related to you is confidential and cannot be accessed by search committees or human resources staff. Results will be aggregated for institutional planning purposes. For more information, please see Accessibility Statement The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission. The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities. If you require any accommodations at any point during the application and hiring process, please contact Job Segment : Civil Engineer, Financial, Project Manager, Strategic Planning, Urban Planning, Strategy, Technology, Social Sciences, Engineering, Finance #J-18808-Ljbffr