P3 Project Manager, Infrastructure Asset Management

Fengate Asset Management; Brampton; Hybrid; CAD 100,000 - 115,000; Full time

Job summary

Fengate Asset Management is seeking a Project Manager in its Infrastructure Group to lead delivery and asset management of a healthcare P3 asset in Brampton. The role supports compliance with contract obligations, manages subcontractors and coordinates with stakeholders.

The candidate will drive planning, budgeting and risk mitigation in a fast-paced setting, requiring strong leadership, integrity and the ability to work with minimal supervision in a hybrid work arrangement.

Qualifications

• Undergraduate degree in business, engineering or relevant field.
• 3+ years' experience in P3 infrastructure, facility management and/or construction in healthcare.
• Excellent interpersonal and communication skills.
• Ability to engage with clients and stakeholders with gravitas.
• Self-sufficient and able to work with minimal supervision.

Responsibilities

• Manage and administer contractual relationships with project stakeholders.
• Monitor compliance with obligations under Project Agreement and related contracts.
• Coordinate preparation and delivery of reports to Clients, Contractors and Lenders.
• Monitor operations, maintenance and service providers to meet performance standards.
• Identify, assess and track project risks; support mitigation strategies.
• Assist in developing annual business plans and budgets; monitor performance.
• Support insurance programs, claims management and security requirements.
• Monitor lifecycle planning and major maintenance to sustain asset value.
• Prepare materials for reporting to Board, Shareholders and Lenders.
• Support Corporate Governance and day-to-day administration of the Project Company.

Skills

P3 infrastructure

Facility management

Construction in healthcare

Interpersonal communication

Client engagement

Education

Undergraduate degree

Job description

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C$10 billion in capital commitments in support of more than C$40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia.

The firm believes that acting responsibly to its stakeholders and communities is fundamental. Fengate is a signatory of both the Institutional Limited Partners Association (ILPA) Diversity in Action initiative and the United Nations-supported Principles for Responsible Investment, integrating environmental, social and governance (ESG) principles into all stages of the firm’s investment process. In 2021, Fengate established its ESG Committee and its EBID (Equity, Belonging, Inclusion and Diversity) Think Tank, consisting of leaders and employees of all backgrounds and levels throughout the firm, to advance and govern the ESG and EBID objectives.

Fengate has achieved Platinum Club member status as one of Canada’s Best Managed Companies, retaining this designation since 2007, and has been certified as a Great Place to Work®. Over the past year, Fengate was named one of Canada’s Best Workplaces™ (#4 for companies with 100-999 employees) and as a Best Workplace™ for Financial Services & Insurance, Inclusion, Women, Today’s Youth, Mental Wellness, Giving Back, and Most Trusted Executive Teams.

The firm has also been recognized with Waterstone Human Capital’s 2022 Most Admired Corporate Cultures™ award. This program recognizes best-in-class organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. Only 50 organizations are awarded this prestigious corporate culture award each year.

Overview

This position is a hybrid role with the expectation of a minimum of three days per week at one of the asset locations in Brampton, Ontario.

Fengate is seeking a Project Manager in our Infrastructure Group, responsible for project delivery and asset management of infrastructure projects, with an initial focus on an operational healthcare Public-Private Partnership (P3) asset.

The Project Manager will be responsible for ensuring that all obligations under the various project contracts are met, optimizing performance of the asset, and overseeing the performance of the subcontractors in meeting their obligations.

The Project Manager will bring a proven ability to plan, organize and prioritize effectively to the role and will demonstrate integrity and ethical leadership. A proven ability to perform in a management capacity and multitask and problem solve in a fast-paced environment with limited resources is a must.

Key Responsibilities

• Management and administration of contractual relationships with project stakeholders, including Contracting Authority, Contractors, Shareholders, Lenders' Technical Advisor, and others through formal and informal engagement;
• Monitor compliance with the Project Company’s obligations under the Project Agreement, lending agreements, shareholder agreements, insurance requirements and other project contracts, and proactively address matters of non-compliance;
• Coordinate the preparation and delivery of required reports, notices and other communications to the Client, Contractors and Lenders in a timely and accurate manner;
• Monitor the performance of operations, maintenance, lifecycle and other service providers to ensure contractual obligations and performance standards are achieved and maintained;
• Identify, assess and track project risks, and support the development and implementation of mitigation strategies;
• Support the resolution of project issues, claims and commercial matters, working with internal and external stakeholders to mitigate risk and avoid escalation where possible;
• Assist in the development and execution of annual business plans and budgets, including monitoring project performance against financial and operational objectives;
• Support the administration of project insurance programs, claims management activities and other project security requirements, including letters of credit, bonds and guarantees, as applicable;
• Monitor lifecycle planning, major maintenance activities and capital rehabilitation programs to support long-term asset performance and value;
• Prepare materials and contribute to reporting for the Board of Directors, Shareholders, Lenders and other project governance forums;
• Support the Project Company Representative in the delivery of corporate governance activities, stakeholder communications and day-to-day administration of the affairs of the Project Company.

Key Qualifications

• Undergraduate degree in business, engineering or a relevant field of study.
• Preference will be given to candidates with 3+ years' experience in P3 infrastructure, facility management and/or construction within a health care setting, demonstrating a strong understanding of projects and associated risks.
• Excellent interpersonal and communication skills.
• Ability to engage with clients and all stakeholders, forming effective relationships, gaining their respect and confidence through all round gravitas.
• Ability to be self-sufficient and work with minimal supervision.

Pay Range: $100,000 - $115,000

Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in.

We are committed to providing accommodation for persons with disabilities. If you require accommodation, we will work with you to meet your needs.

We thank all applicants for their interest in this position; however only candidates selected for an interview will be contacted.