Vice President, Deputy Fund Manager

Fiera Capital•Toronto, ON

11d•Hybrid

About The Position

Reporting to the Senior Managing Director and Fund Manager, this role supports portfolio strategy, execution, performance, investor communications, and governance for the flagship Fiera Real Estate CORE Fund. This is a C$5.2B open-ended Canadian real estate investment strategy focused on stable, long-term, risk-protected income from commercial and multi-residential assets for institutional investors. This is a highly visible role for a senior real estate investment professional seeking to help shape one of Canada’s leading open-ended core real estate strategies.

Requirements

Financial and property performance acumen, cash-flow analysis, valuation techniques and deep understanding of NOI, Cap Rates and IRR. Ability to review and critique complex financial models (using Excel and Argus) for acquisitions, developments, and dispositions
Utilize robust macro-economic and local real estate market research, forward modeling, and industry analytics, that culminate in strategies designed to drive outperformance and risk-aware investment decisions
Working knowledge across a variety of real estate asset types, products and strategies with an understanding of income producing, value-add and development asset profiles
Well respected within the real estate community and investment management industry, with the capacity to develop meaningful relationships with institutional investors, consultants, partners, and market participants
Solid broker and industry relationships nationally supporting research, investment and asset management activities
Working experience with a real estate investment manager, real estate investment trust, a consulting firm, investment bank or possibly an LP
An entrepreneurial spirit, self-motivated in sourcing and structuring capital to sustain company growth
Exceptional presentation skills, complemented by polished written and verbal communication skills
Team-oriented, bringing a collaborative approach to client development and management enabling coordination with in-house legal, compliance, ESG, accounting and finance teams, accordingly. Requires an ability to be resourceful and work across functional groups and build consensus
Bachelor’s degree in real estate/planning, economics, business or a related/equivalent field.
Travel and valid driver’s license required

Nice To Haves

An MBA or relevant Master’s degree is ideal

Responsibilities

Work closely with the Fund Manager and research teams to evaluate top-down market risks and opportunities, as well as bottom-up asset-level performance.
Assist with the development and execution of long-term business plans to maximize portfolio value and investment returns within the Fund’s parameters.
Monitor portfolio performance against established budgets and track Key Performance Indicators to mitigate risk and create value.
Oversee due diligence, financial modeling, and underwriting of potential property acquisitions/divestments, credit/debt facilities and key joint ventures.
Strong expertise in asset management and associated leasing, property management, sustainable investment.
Support the investor relations and sales teams with client facing interactions for retention and capital raising.
Assist the Fund Manager in client reviews, consultant updates, prospect due diligence, Investment and Advisory Committees, conferences and detailed RFPs.