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Analyst, Asset Management

Tricon Residential
$77,247 - $97,812 a year
Toronto, Ontario
Full time
3 weeks ago

Founded in 1988, and headquartered in Toronto, Tricon Residential is one of North America’s preeminent rental housing providers.

Tricon was one of the first movers to enter Toronto’s purpose-built rental apartment sector with scale in 2016 and is developing the highest quality multi-family portfolio in North America’s fastest growing city. Tricon is the leader and most active developer in the marketplace with a 6,000+ pipeline of new units. At Tricon, we are reimagining rental living – Tricon properties are concentrated in prime downtown Toronto locations, and are defined by design excellence, signature resort-quality amenities, exceptional customer service, and lifestyle programming that fosters connections and builds community. To learn more, please visit: Tricon Residential Toronto

Job Description

As a member of the Asset Management department this individual will be exposed to many facets of asset management for a large and growing nationwide residential income portfolio. This individual will play a key role to support the department across a multitude of portfolio services and other initiatives to optimize portfolio performance.

Essential Duties and Responsibilities:

  • Review pipeline of properties being considered for sale/disposition by collecting data from appropriate sources and analyzing it to prepare meaningful and concise reports that summarize the information.

  • Work with local teams to review scope of work, property condition reports, repair bids, historical financial performance, field recommendations and market conditions and provide hold/sell recommendations to management.

  • Manage property insurance claims processing, flood insurance and compliance, coordinate annual renewals, and prepare budgets and property allocations.

  • Review property tax administration including property assessments and valuations, tax appeals and budget forecasting.

  • Assist with transactions, coordination of BPO valuations, organizing property inspections, and other transaction materials.

  • Coordinate ancillary revenue initiatives across nationwide portfolio of single-family homes.

  • Support department by coordinating projects, maintaining central project files, communications support, developing presentations, tracking status, etc.

  • Perform other ad-hoc/special projects and duties as assigned.

  • Additional duties or job functions that can be performed safely may be required as deemed necessary by supervisory personnel.

Qualifications:

  • Strong organizational and problem-solving skills.

  • Excellent interpersonal and communication skills - written and verbal; ability to interface with top level executives.

  • Ability to multitask across various new and ongoing initiatives, while meeting deadlines.

  • Ability to work well with others in fast paced, dynamic environment.

Minimum Requirements:

  • Bachelor's degree from four-year college or university; and related experience and/or training.

  • 2-4 years of financial, property management or real estate experience.

  • Knowledge of the real estate industry (specifically residential real estate) is preferred.

  • Previous asset management experience is preferred.

  • Excellent communication skills both written and verbal.

  • Experience in MS Excel, PowerPoint, and Word; familiarity with Yardi a plus.

  • Must be detailed-oriented and a self-starter.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:

  • Frequently required to sit, talk, and hear.

  • Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch.

  • Occasionally lift, carry, and move up to 10 pounds.

  • Vision abilities required by this job include close vision, distance vision, and depth perception.

We are committed to fostering an inclusive and accessible recruitment process. If you require accommodations at any stage of the hiring process, please let us know, and we will work with you to meet your needs.

Tricon Residential Inc. is an owner, operator and developer of a portfolio of approximately 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential.

At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.

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