Vice President, Asset Management

Vice President, Asset Management page is loaded## Vice President, Asset Management locations:
1040 W Georgia St #2000, Vancouver, BC V6E 4H1time type:
Full time posted on:
Posted 8 Days Agotime left to apply:
End Date:
January 30, 2026 (13 days left to apply) job requisition :
JR04843
* The purpose of this role is to oversee the performance of a portfolio of assets managed from the Vancouver office, with a primary focus on multifamily properties and additional expertise in industrial, retail, and office assets. The role will execute property-specific business plans to maximize value through strategic leasing, expense management, and capital improvements. There will be direction to leasing and property management teams with accountability for financial performance and variance analysis.

They should provide oversight and mentorship to an Asset Manager supporting additional properties within the portfolio and work collaboratively with another Vice President, Asset Management and their direct report to ensure consistent approaches and shared learning across the broader portfolio while maintaining alignment with the Company's investment objectives.
*** Key responsibilities
** To perform this role successfully, an individual must be able to perform each key responsibility satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability needed. This includes the following; other duties may be assigned as needed within skill sets or if additional responsibilities are added.

Portfolio Management & Strategy
* This role includes oversight of the asset management function of Grosvenor’s Canadian Investment property portfolio, including our Annacis Island industrial portfolio comprising ±188 acres of prime industrial property/land, our best-in-class mixed use retail/residential portfolio including The Rise, Connaught, and Ambleside, and our high-profile mixed-use/residential asset,
** Brentwood Block**, Grosvenor’s largest commitment to the North American housing market to date.  Brentwood Block is a 7.9-acre, pedestrian-focused, master-planned community in Burnaby, BC, featuring over 3,500 homes (including 2,450 rentals), 250,000 sq. ft. of commercial space, and a new urban community centre.
* Develop annual leasing, marketing, and capital plans for the Canadian Investment property portfolio, with emphasis on value enhancement opportunities, particularly in the industrial and multifamily sectors, including collaborating with our Development team and third-party management firms for Annacis Island and Brentwood Block.
* Identify and implement innovative industrial, retail and residential management concepts that enhance tenant experience and maximize returns.
* Create market-responsive business plans for each asset withi the portfolio, with special attention to the Vancouver residential and commercial market dynamics.
* Maintain strong relationships with joint venture partners through regular communication and comprehensive reporting.

Property Operations
* Oversee and manage the asset management team located in Vancouver, BC.
* Select and manage third-party property management firms with focus on residential expertise; establish performance metrics and evaluate results.
* Perform regular property inspections and ensure resolution of deficiencies.
* Manage tenant improvement processes, renovation projects, and capital upgrades.
* Collaborate with legal counsel on lease negotiations, assignments, amendments, and compliance with BC's residential tenancy laws.
* Coordinate with risk management to maintain health, safety, and sustainability standards across properties.
* Support sustainability initiatives and community engagement strategies aligned with Grosvenor’s 2030 Net Zero Operational Carbon Commitment.

Financial Management
* Oversee preparation of financial analyses including budgets, cash flow projections, and business forecasts; recommend strategies for cost savings and revenue enhancement
* Review property financial statements, address variances and report on significant deviations from budget
* Deliver insightful quarterly and annual updates with recommendations on capital…