Senior Asset Manager (Real Estate)

OTT Properties & Development Group, a member company of OTT Financial Group, is a fast-growing developer converting OTT's vast land reserves in Ontario into commercial, residential, and industrial properties.

OTT Financial Group is the parent organization of a group of financial services and investment companies. We leverage cutting-edge fintech innovations to bring excellent financial advice and best-in-class wealth management to our customers and business partners. Empowering 6,000+ merchants and hundreds of thousands of individual clients across Canada, we are the home to a wealth of expertise in forex and securities trading, mobile and cross-border payment, and investment fund management.

We are looking for a Senior Asset Managerto support our business growth in Toronto. The SeniorAsset Managerwill lead the in-house investment function. Reporting to the Group CFO, the Senior Asset Manager will help the team execute its aggressive growth plans across the GTA and Ontario and will have a strong track record in the commercial and residential Real Estate industry.

What's in it for you:

• Total Annual Compensation: $100-130K (based on experience)
• Performance Bonus
• Extended Health, Dental, and Vision Benefits
• Life and Disability Insurance
• Vacation Leave
• Centrally located modern and spacious offices close to Eglinton and Leslie
• Free use of onsite Gym and Sports Facilities, and regular Company Social Events
• Learning and Professional Development Support
• A chance to work in a dynamic, collaborative, progressive and high performing team
• Community involvement through the annual Terry Fox Run
• Tremendous opportunities for Growth and Development

How you will contribute:

• Preparation of asset management strategies and business plans for potential investments
• Completing strategic asset management initiatives to improve property values: refurbishments, redevelopment, lease negotiations, CAPEX projects
• Conduct detailed analysis for new investment opportunities, including preparing and reviewing proformas and other quantitative analysis, reviewing investment and leasing market reports, and preparing and presenting investment recommendations.
• Create and maintain financial models for investments, asset management and related initiatives.
• Evaluate development and IPP acquisition opportunities.
• Source, underwrite and coordinate due diligence for potential acquisitions, joint ventures, dispositions and other investment and portfolio initiatives.
• Play a key role in the mandate to source and partner with third party capital.
• Complete research on key markets and specific sub-markets for opportunities based on current and future investments and development strategy.
• Compliance with all regulatory matters in conjunction with internal compliance and external advisers
• Utilize your broad understanding and interest in strategic investment decision making, demographic trends and macroeconomics to evaluate opportunities.
• Assist in preparing internal reporting, investment committee memos, and asset plans.
• Prepare analysis and reports on various ad hoc initiatives.
• Coordinate and negotiate with counterparties and their brokers, advisors, and legal counsel through the pre-closing, closing and post-closing.
• Develop and maintain active working relationships with brokers, owners, influencers, and other industry professionals.
• Be a reliable resource for all levels of the company, including senior management.
• Assist in various asset management functions, as necessary.
• Recruit and train analysts to assist in modeling, underwriting and market research.

What you bring to the table:

• Bachelor's degree in business, Economics or Real Estate, or a related program.
• Completion of CFA, CPA, AACI, CCIM or MBA is an asset.
• At least 7-10 years' experience in a Real Estate investment role, with focus on Canadian asset management
• Member of NAIOP, SIOR or other commercial Real Estate organizations is an asset.
• A track record of success in negotiating Real Estate acquisitions, divestitures, development, re-development, and planning and zoning-related matters.
• A well-developed network and trusted relationships within the commercial Real Estate community.
• Exceptional financial modelling and underwriting skills, with a high proficiency in Microsoft Excel.
• Outgoing personality with exceptional presentation and communication skills, both oral and written; superior interpersonal skills.
• Strong attention to detail and organization is required.
• Self-motivated, open-minded, flexible and team-up personality.
• Demonstrate excellent strategic problem-solving and risk management skills, creative thinking, sound judgment, and a high level of integrity and dependability.

This is not a hybrid or remote position. The successful candidate will be working at our Leslie Street Head Office, Mon to Fri 900am to 530pm.

Visit our careers' page and apply now.

OTT Financial Group is committed to fostering an inclusive and accessible environment where all employees feel valued and respected, and where every employee can realize their potential. We are committed to providing reasonable accommodation, if required, and will work with you to meet your needs. We appreciate all applicants for their interest; however, only those candidates selected for an interview will be contacted.