Portfolio Asset Manager

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.
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