VP, Asset Management

CyrusOne•Dallas, TX

About The Position

The Vice President, Asset Management, is responsible for leading the commercial performance, strategy execution, and value creation for a multi-region portfolio of CyrusOne data centers. This executive will drive asset-level strategy, customer retention and renewals, capital planning, and compliance with legal and regulatory obligations while partnering closely with Sales, Operations, Finance, Customer Success, Legal, Design & Construction, and Investments. The role requires strong financial acumen, decisive leadership, and the ability to balance long-term portfolio strategy with day-to-day commercial management to optimize NOI, cash flow, and risk-adjusted returns.

Requirements

Minimum 12–15 years of progressive experience in asset management, portfolio management, investment management, or commercial real estate, including leadership responsibility for multi-asset portfolios.
Strong financial and analytical capabilities with demonstrated ability to interpret financial statements, underwriting models, investment returns, and asset-level performance metrics.
Proven ability to lead cross-functional teams and drive outcomes in complex, fast-paced environments.
Strong negotiation skills and business judgment; ability to make well-reasoned decisions with incomplete information.
Exceptional written and verbal communication skills with demonstrated experience engaging senior stakeholders, customers, investors, and external officials.
Must be able to travel up to 25% or more, based on business needs.

Nice To Haves

Experience with data centers, digital infrastructure, or mission-critical real estate experience strongly preferred.
Experience with acquisitions, dispositions, joint ventures, and financing transactions.
Experience working in a managed hosting or colocation environment.

Responsibilities

Provide executive oversight for a portfolio of data center assets, ensuring performance aligns with company investment objectives, budgets, and regional/portfolio strategies.
Develop and execute asset and portfolio strategies to drive revenue growth, retention, renewals, and customer expansion in partnership with Sales, Customer Success, and Operations.
Own the annual business planning process for assigned assets, including operating budgets, forecasts, and value-add initiatives; review variances and drive corrective action plans.
Monitor and report asset performance against investment objectives, underwriting assumptions, market benchmarks, and key operational KPIs; proactively identify risks and opportunities.
Lead strategic capital planning, including evaluation and prioritization of capacity expansion, modernization, lifecycle replacement, and maintenance CapEx business cases in collaboration with Operations and Design & Construction.
Direct decision-making on asset-level capital allocation and recommend portfolio-level capital deployment and recycling strategies consistent with CyrusOne’s investment thesis.
Oversee compliance with licenses, permits, tax abatements, project commitments, and other regulatory or contractual obligations; ensure governance and audit readiness.
Serve as senior liaison with customers, investors, government officials, regulators, and community stakeholders to advance business interests and strengthen CyrusOne’s reputation in key markets.
Partner with Legal and outside counsel on transactions and legal matters, including customer agreements, acquisitions, dispositions, joint ventures, financing, and other required documentation.
Lead cross-functional governance for major customer commercial events (renewals, expansions, churn risk, contract modifications), ensuring appropriate executive escalation and timely decision-making.
Maintain a deep understanding of market dynamics, competitor positioning, pricing trends, and customer demand; translate insights into actionable strategic recommendations.
Build and develop a high-performing team, including goal setting, coaching, and driving accountability for performance and results.
Partner with Risk and Insurance functions to manage asset-level risk programs, claims, and mitigation initiatives; ensure appropriate controls and reporting.