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Added 5 mins ago
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Senior Project Manager
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Infrastructure Ontario

Portfolio Asset Manager

Toronto, ON, Canada

We offer a competitive salary range of $105,700 to $116,000 (P5 level), pay will align with skills, knowledge and experience of the candidate.

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Job details

Pay: We offer a competitive salary range of $105,700 to $116,000 (P5 level), pay will align with skills, knowledge and experience of the candidate.
Apply by: Nov 16, 2026
Posting language: English
Posted: Nov 2, 2026

Original job description

Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate. IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario.

Position Purpose:

Infrastructure Ontario is seeking a Portfolio Asset Manager to provide strategic leadership in the stewardship, optimization, and long-term sustainability of the Government Real Estate Portfolio. This role is accountable for developing asset management strategies, portfolio optimization initiatives, and multi-year investment plans that support evidence-based decision-making, financial stewardship, and long-term infrastructure performance. The Portfolio Asset Manager integrates asset condition, risk, utilization, functional adequacy, and financial information to influence portfolio priorities, capital investment decisions, and organizational objectives across a large and complex real estate portfolio.

Work Location Options: This position offers flexibility to work from any of our established office locations in Toronto, Ottawa, Guelph, Kingston, Thunder Bay and Sudbury.

What You Will Do:

Develop and implement asset management strategies and portfolio plans that optimize the performance, sustainability, and value of government real estate assets.
Lead the development of portfolio-level asset plans by integrating asset condition, risk, utilization, functional adequacy, and financial data to inform investment and portfolio decisions.
Establish asset prioritization methodologies, risk frameworks, and performance metrics that enable transparent and evidence-based capital planning.
Coordinate the development and review of Asset Management Plans, Building Baseline Assessment Reports, tactical plans, technical studies, and investment recommendations to ensure alignment with corporate and ministry objectives.
Provide expert advice and recommendations on asset investment priorities, capital renewal programs, lifecycle planning, portfolio optimization, and risk mitigation strategies.
Review building condition assessments, technical studies, and portfolio performance information to identify renewal requirements and recommend intervention strategies.
Develop annual, multi-year, and long-range capital renewal and reinvestment plans supporting assets with replacement values exceeding billions of dollars and capital investment programs exceeding hundreds of millions of dollars annually.
Evaluate project proposals, business cases, and investment alternatives to maximize lifecycle value, optimize available funding, and achieve value-for-money outcomes.
Collaborate with ministry partners, operational teams, project delivery teams, and service providers to align investment decisions with strategic priorities and operational requirements.
Champion continuous improvement in enterprise asset management practices, governance frameworks, data standards, and portfolio planning methodologies.

What We Are Looking For:

We're interested in candidates who have developed the following capabilities through professional learning, industry training, certifications, and practical experience:

Significant experience in enterprise asset management, capital planning, portfolio optimization, infrastructure management, facilities management, or a related field.
Knowledge of building systems, commercial building operations, asset lifecycle management, asset condition assessment practices, and capital renewal planning.
Experience administering and utilizing Asset Management Information Systems and asset data governance frameworks.
Demonstrated ability to conduct detailed examinations and interpretations of technical, operational, utilization, risk, and financial information and convert findings into strategic recommendations.
Experience developing asset management plans, investment strategies, business cases, prioritization frameworks, and long-term capital plans.
Strong financial acumen with experience evaluating capital investments, lifecycle costs, funding strategies, and value-for-money opportunities.
Ability to build collaborative relationships and influence outcomes with executives, management teams, ministry partners, consultants, service providers, and other key partners.
Experience developing governance methodologies, performance measures, portfolio analytics, and decision-support frameworks.
Professional learning or certifications related to asset management, engineering, planning, architecture, project management, data governance, infrastructure management, or information management are considered assets.
Certifications such as P.Eng., PMP, Certified Asset Management Professional (CAMP), Asset Management Practitioner (AMP), or IAM qualifications are considered assets.

What We Offer:

Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee’s annual salary, with an option for IO to match an additional 5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
Access to our $1000 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being.IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
Access to a suite of virtual healthcare options to support non-urgent medical needs.
A convenient, central location at 1 Dundas St West, easily accessible by public transit.

We offer a competitive salary range of $105,700 to $116,000 (P5 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on November 16, 2026 at 11:59 pm.

Interviews will occur on a rolling basis until the role is filled.

Exact compensation may vary based on skills, knowledge and experience.

This posting is for a current active vacancy. We are actively recruiting to fill this position.

After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each others’ differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you would benefit from any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates of any race, gender, sexual orientation, ability, religion, place of origin or any other community are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.

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More about this job

Responsibilities

Develop portfolio asset strategies and long-term capital plans by integrating condition, risk, utilization, functional adequacy, and financial information. Advise on investment priorities, renewal programs, lifecycle planning, and portfolio optimization while coordinating with ministries, operational teams, delivery teams, and service providers.

Requirements

Candidates should have significant experience in enterprise asset management, capital planning, infrastructure or facilities management, and knowledge of building systems, asset lifecycle practices, and capital renewal. They should be able to analyze technical and financial information, develop investment plans and governance frameworks, and influence stakeholders; relevant professional certifications are considered assets.

Skills

Enterprise Asset Management
Capital Planning
Portfolio Optimization
Infrastructure Management
Facilities Management
Asset Lifecycle Management
Asset Condition Assessment
Asset Data Governance
Financial Analysis
Lifecycle Costing
Risk Management
Investment Planning
Business Case Development
Portfolio Analytics
Stakeholder Collaboration
Governance Frameworks

Benefits

Group Retirement Savings Plan
Group Tax-Free Savings Account
Health Insurance
Dental Insurance
Vision Insurance
Out-of-Country Medical Coverage
Paramedical Services
Pregnancy and Parental Leave Top-Up
Healthcare Spending Account
Lifestyle Account
Professional Development
Virtual Healthcare

Visa sponsorship

Not detected in the job text

Keywords

Enterprise Asset Management
Asset Management Information Systems
Asset Data Governance
Asset Management Plans
Building Baseline Assessment Reports
Building Condition Assessments
Capital Renewal Planning
Lifecycle Planning
Portfolio Optimization
Capital Investment
Investment Strategies
Risk Frameworks
Performance Metrics
Portfolio Analytics
Business Cases
Value For Money
Building Systems
Commercial Building Operations
Asset Condition Assessment
Functional Adequacy
Utilization Analysis
Governance Frameworks
Data Standards
P.Eng.
PMP
Institute of Asset Management (IAM) Qualifications

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