Vice President, Retail Asset Management

KingSett Capital Inc.; Toronto; On-site; CAD 170,000 - 190,000; Full time

Job summary

KingSett Capital Inc. in Toronto seeks a Vice President, Retail Asset Management to lead value creation for the retail portfolio. You will oversee strategic planning and direct engagement in leasing, operations, AR, marketing, and community programs to drive performance.

Reporting to the SVP, Retail and Asset Resilience, you will coordinate annual portfolio plans, manage capital budgets, and supervise property managers while building relationships with brokers and external partners.

Qualifications

• Undergraduate degree in business or real estate.
• 12+ years in retail real estate with leasing and operations.
• Experience with enclosed malls, open air, and high street assets.
• Strong relationships with external stakeholders.
• Advanced Excel, Word, and PowerPoint skills.

Responsibilities

• Strategy and portfolio planning across leasing, operations, marketing, and community programs.
• Prepare and review annual portfolio plans and budgets; manage operating capital.
• Conduct monthly property reviews to align with capital projects and objectives.
• Oversee leasing negotiations and relationships with the brokerage network.
• Coordinate with Development Managers on tenant improvements and projects.
• Ensure property management services, insurance, and risk controls.
• Produce internal reporting on operations, leasing, capital, and market outlook.

Skills

Excel

Word

PowerPoint

Education

Undergraduate degree in business or real estate

Tools

Excel

Word

PowerPoint

Job description

KingSett Capital is seeking a Vice President, Retail Asset Management to join the Toronto team. Reporting to the Senior Vice President, Retail and Asset Resilience, you will oversee the value creation strategies on a property-by-property basis for KingSett’s retail portfolio.

Location

Toronto, ON

Role Responsibilities

Provide strategic portfolio and property planning, including direct engagement in leasing, operations, AR, marketing, community, and amenity programs including making recommendation on leasing contracts and property operations.

Assist in the preparation of the Annual Portfolio Plans and reviewing and approving Annual Property Budgets; and managing operating capital for long-term asset preservation.

Conduct monthly property reviews to ensure timely delivery of property results and alignment and advancement of key property objectives.

Ensuring the delivery of property management services and other services to increase property values and returns.

Support the acquisition and disposition of Properties on an as required basis.

Oversee the negotiation and execution of all retail property leases. Work closely with the brokerage network to build productive, professional relationships.

Act as KingSett’s designated representative in most dealings with Property Managers, Leasing Agents, Consultants, Governmental Authorities, and other key individuals; Recommend the appointment of the Property Manager for each of the properties and coordinate and supervise the performance of all such services.

Work closely with the team’s Development Managers through the review and approval process for all contracts for construction of tenant improvements and other projects.

Review in detail any reports, budgets, or other information prepared by Property Managers.

Manage environmental matters, risk and liabilities and assist with insurance and other risk management ensuring, without limitation, that the properties are insured.

Oversee property managers as they develop monthly performance reports and manage annual property budgets; monitor budgets on a regular basis to ensure that they are maintained; and, develop long-term plans for major capital projects.

Oversee preparation of comprehensive internal reporting on all facets of the assets (operations, leasing, marketing, capital) and including market outlook.

Candidate Profile

Undergraduate degree in business, real estate or related field.

12+ years of experience in retail within the real estate industry, with an established track record, including exposure to leasing, operations and strong understanding of financial concepts such as recoveries.

Experience working on enclosed malls, open air and high street retail assets.

Proven experience in identifying value creation opportunities and building relationships with external stakeholders.

Advanced proficiency in Excel, with strong skills in Word and PowerPoint.

Adaptable, organized, and decisive, with the ability to manage multiple priorities, pivot quickly, and perform under pressure.

Strategic, analytical thinker with collaborative mindset and ownership mentality.

Excellent verbal and written communication and presentation skills across all levels.

Compensation

Base salary range of $170,000-$190,000.
Total compensation includes salary, variable discretionary bonus, benefits, & other perks.

Application Process

KingSett Capital is committed to accommodating applicants with disabilities throughout the hiring process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA).