Senior Associate, Asset Management
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Job Location:
Monthly Salary:
Posted on:
18 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Who We Are BluevaleCapital
BluevaleCapital is a boutique real estate private equity firm that specializes in value-add development and special situational multi-residential projects. Over the past two years the firm has completed over $250M of transactions with the intention of creating a $1B real estate fund over the next 2-3 years. By working with government leaders and by partnering with our sponsors and lenders the companys vision is to create 10000 residential units with a focus on tackling the affordable housing crisis in North America. We are currently putting together a stellar team that will help achieve this goal.
Role Description
The Manager Asset Management supports the Director of Asset Management in overseeing the operational financial and compliance performance of the Ontario roleis responsible forexecuting portfolio-level initiatives driving asset performance and supporting value optimization strategies across all Ontario positionoperatesunder the direction of the Director with delegated authority as assigned. Strategic decisions material financial commitments and high-risk mattersremainunder the oversight of the Director.
The Manager contributes to maximizing net operating income (NOI) protecting asset value and supporting long-term portfolio strategy.
Key Responsibilities
Portfolio Oversight
- Implement operational strategiesestablishedby the Director
- Serve as primary Head Office contact for site-level matters
- Conduct regular site visits and operational reviews
- Ensure standardized processes across the portfolio
Financial & Performance Monitoring
- Review monthly financial reports andidentifyvariances
- Analyze property-level performance trends andidentifyopportunities to enhance NOI
- Support revenue optimization strategies within legislative parameters
- Participate in annual business planning and portfolio forecasting.
- Monitor operating margins and cost containment initiatives
- Monitor arrears and oversee implementation of collection strategies
- Review repair scopes vendor quotes and turnover plans
- Ensure expense control and adherence to approved budgets
- Escalate non-routine or material expenditures for review
Compliance & Risk Management
- Oversee preparation of LTB applications and enforcement processes
- Ensure compliance with the Ontario Residential Tenancies Act
- Monitor life-safety compliance requirements (Fire Code ESA TSSA etc.)
- Ensure proper documentation and incident reporting
- Escalate legal insurance-related or reputational risks
Maintenance & Capital Coordination
- Monitor preventative maintenance programs
- Coordinate vendor procurementin accordance withcompany policy
- Track capital projects and report on timelines and risks
- Identifybuilding-related risks requiring senior review
Staff Support
- Provideoperational guidance to site managers and leasing teams
- Reinforce policies and service standards
- Support onboarding and training initiatives
- Make recommendationsregardingperformance management matters
- Participate in recruitment
Reporting
- Prepare regular portfolio performance updates
- Track KPIs including occupancy arrears and compliance
- Maintain documentation standards across the portfolio
Qualifications
- 57 years multi-residential experience
- Strong knowledge of Ontario Residential Tenancies Act
- Experience reviewing budgets and operating statements
- Working knowledge of building systems
- Strong organizational and analytical skills
- Ability to travel within Ontario
Required Experience:
Senior IC
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
About Company
Bluevale Capital is a leading ESG-focused real estate investment firm with offices in Connecticut and Toronto. Specializing in sustainable and socially responsible investments, Bluevale Capital is committed to delivering long-term value while prioritizing environmental, social, and go ... View more
