Director, Development, Nicola Real Estate
Top Benefits
About the role
About Nicola Wealth:
We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 98% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.
By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!
Purpose of the Role:: Reporting to the VP, Development, this role will oversee and drive the successful approval and execution of development projects within the Ontario portfolio for Nicola Real Estate. This includes managing all aspects of planning and municipal approvals, coordinating with third-party architects, consultants, and engineers, and leading negotiations with municipal staff to ensure timely and efficient processing of development applications. The role requires strong leadership to represent NRE at stakeholder events, manage internal resources, and prepare comprehensive reports, ultimately supporting Nicola Wealth’s strategic goals in urban development and investment. This role is 5-days per week in office.
Core Responsibilities:
- Managing all Planning Act Approvals including Plans of Subdivision, Site Plan Approvals, Official Plan Amendments (Regional and lower-tier), Re-zonings and Minor Variances
- Spearheading coordination with all NRE third party architects, consultants, engineers and others for all development applications, submissions and resubmissions;
- Leading negotiations and discussions with municipal staff influencing the approvals processes starting from pre-consultation checklists to final submission processing
- Creation, management & execution of project schedules and proforma’s
- Represent NWRE at stakeholder and community events
- Manage the review and execution of legal agreements associated with development projects
- Overseeing internal team resources for researching and reporting on various relevant policy changes and market information
- Preparation of monthly development reports for Ownership
- Tendering construction management, negotiating CCDCs and Supplemental Conditions
- Placing and managing insurance
- Tracking monthly progress draws and project budgets
- Detailed review and signoff on change orders, site instructions, etc.
- Bi-weekly in-person site meetings during construction
- Leading and mentoring more junior staff in the Development team and broader NRE group
- Other relevant and related responsibilities, as assigned and as the needs of the organization change.
Core Competencies:
- Problem Solving – Excels at problem solving. Resolutely and proactively identifies challenges, pinpoints root causes, and implements effective solutions.
- Resiliency – Maintains composure, demonstrating resiliency and adaptability to ensure timely and efficient outcomes, whilst tactfully managing challenging situations and stakeholders.
- Leadership – Contribute to a positive team culture through behavior and mentorship of others. Leads by example, providing timely feedback to promote learning and uphold high standards of performance.
- Stakeholder Management – Professional demeanor that builds trust and credibility; establishes and manages relationships with third-parties, municipalities and all other stakeholders. Maintains a respected presence.
- Communication – Exceptional communication, persuasive and confident communicator in written and verbal form. Excels in presenting ideas to diverse audiences in a highly professional manner.
- Execution – Entrepreneurial mindset, proactive, organized, takes ownership of project direction and excels at multitasking in fast-paced, dynamic environments.
- Collaboration – Effective team player, with exceptional interpersonal skills; utilizes internal and external resources to successfully solve problems and move work forward.
Experience & Qualifications:
- Experience: 8+ years of real estate experience in a progressively senior role - with a minimum of 5 years in the industry as a Development Manager, Senior Development Manager/Director.
- Demonstrated experience overseeing teams and leading complex mixed-use development projects from inception through to completion.
- Relevant post-secondary education in architecture, planning, engineering, urban land economics
- A strong understanding of real estate market trends, project launches and competitor awareness, and land regulation policies
- Well established and strong industry network is preferred
- An understanding of construction processes including knowledge of CCDCs, Change Orders Site Instructions, etc.
- Highly proficient in MS Office (especially Excel and Outlook)
- Proficient in MS Project
- Argus familiarity is an asset
- You are legally eligible to work in Canada for any employer
Compensation & Benefits Package:
This position comes with a base salary range of $160,000 - $190,000 plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.
At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.
This role is a current vacancy within Nicola Wealth.
Please include both a cover letter and resume in support of your application. We are an inclusive, equal opportunity employer. For more information about this and other roles: www.nicolawealth.com/careers . It is our priority to remove barriers to provide equal access to employment. Should you require reasonable accommodation during the recruitment process please contact us at accessibility@nicolawealth.com and we will work with you to meet your needs. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Nicola Wealth policies. Thank you for your interest in a career with Nicola Wealth!
About Nicola Wealth
Founded in 1994, Nicola Wealth Management Ltd (Nicola Wealth) has over 30 years of investment management experience and has navigated through numerous market cycles, economic downturns, and geopolitical events. Over that time, we have built a team of investment professionals, managing a broad range of investment solutions which span traditional asset classes, such as Canadian and global equities and fixed income, as well as private asset classes including hard asset real estate, infrastructure, private debt, mortgages, and private equity.
Today, Nicola Wealth is one of the largest independent (non-bank) private investment counselling firms in Canada, with approximately $16.8 billion of assets under management as of Jan 1, 2025.
For more information, please visit www.nicolawealth.com.
Nicola Wealth Management Ltd. (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions.
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Director, Development, Nicola Real Estate
Top Benefits
About the role
About Nicola Wealth:
We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 98% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.
By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!
Purpose of the Role:: Reporting to the VP, Development, this role will oversee and drive the successful approval and execution of development projects within the Ontario portfolio for Nicola Real Estate. This includes managing all aspects of planning and municipal approvals, coordinating with third-party architects, consultants, and engineers, and leading negotiations with municipal staff to ensure timely and efficient processing of development applications. The role requires strong leadership to represent NRE at stakeholder events, manage internal resources, and prepare comprehensive reports, ultimately supporting Nicola Wealth’s strategic goals in urban development and investment. This role is 5-days per week in office.
Core Responsibilities:
- Managing all Planning Act Approvals including Plans of Subdivision, Site Plan Approvals, Official Plan Amendments (Regional and lower-tier), Re-zonings and Minor Variances
- Spearheading coordination with all NRE third party architects, consultants, engineers and others for all development applications, submissions and resubmissions;
- Leading negotiations and discussions with municipal staff influencing the approvals processes starting from pre-consultation checklists to final submission processing
- Creation, management & execution of project schedules and proforma’s
- Represent NWRE at stakeholder and community events
- Manage the review and execution of legal agreements associated with development projects
- Overseeing internal team resources for researching and reporting on various relevant policy changes and market information
- Preparation of monthly development reports for Ownership
- Tendering construction management, negotiating CCDCs and Supplemental Conditions
- Placing and managing insurance
- Tracking monthly progress draws and project budgets
- Detailed review and signoff on change orders, site instructions, etc.
- Bi-weekly in-person site meetings during construction
- Leading and mentoring more junior staff in the Development team and broader NRE group
- Other relevant and related responsibilities, as assigned and as the needs of the organization change.
Core Competencies:
- Problem Solving – Excels at problem solving. Resolutely and proactively identifies challenges, pinpoints root causes, and implements effective solutions.
- Resiliency – Maintains composure, demonstrating resiliency and adaptability to ensure timely and efficient outcomes, whilst tactfully managing challenging situations and stakeholders.
- Leadership – Contribute to a positive team culture through behavior and mentorship of others. Leads by example, providing timely feedback to promote learning and uphold high standards of performance.
- Stakeholder Management – Professional demeanor that builds trust and credibility; establishes and manages relationships with third-parties, municipalities and all other stakeholders. Maintains a respected presence.
- Communication – Exceptional communication, persuasive and confident communicator in written and verbal form. Excels in presenting ideas to diverse audiences in a highly professional manner.
- Execution – Entrepreneurial mindset, proactive, organized, takes ownership of project direction and excels at multitasking in fast-paced, dynamic environments.
- Collaboration – Effective team player, with exceptional interpersonal skills; utilizes internal and external resources to successfully solve problems and move work forward.
Experience & Qualifications:
- Experience: 8+ years of real estate experience in a progressively senior role - with a minimum of 5 years in the industry as a Development Manager, Senior Development Manager/Director.
- Demonstrated experience overseeing teams and leading complex mixed-use development projects from inception through to completion.
- Relevant post-secondary education in architecture, planning, engineering, urban land economics
- A strong understanding of real estate market trends, project launches and competitor awareness, and land regulation policies
- Well established and strong industry network is preferred
- An understanding of construction processes including knowledge of CCDCs, Change Orders Site Instructions, etc.
- Highly proficient in MS Office (especially Excel and Outlook)
- Proficient in MS Project
- Argus familiarity is an asset
- You are legally eligible to work in Canada for any employer
Compensation & Benefits Package:
This position comes with a base salary range of $160,000 - $190,000 plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.
At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.
This role is a current vacancy within Nicola Wealth.
Please include both a cover letter and resume in support of your application. We are an inclusive, equal opportunity employer. For more information about this and other roles: www.nicolawealth.com/careers . It is our priority to remove barriers to provide equal access to employment. Should you require reasonable accommodation during the recruitment process please contact us at accessibility@nicolawealth.com and we will work with you to meet your needs. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Nicola Wealth policies. Thank you for your interest in a career with Nicola Wealth!
About Nicola Wealth
Founded in 1994, Nicola Wealth Management Ltd (Nicola Wealth) has over 30 years of investment management experience and has navigated through numerous market cycles, economic downturns, and geopolitical events. Over that time, we have built a team of investment professionals, managing a broad range of investment solutions which span traditional asset classes, such as Canadian and global equities and fixed income, as well as private asset classes including hard asset real estate, infrastructure, private debt, mortgages, and private equity.
Today, Nicola Wealth is one of the largest independent (non-bank) private investment counselling firms in Canada, with approximately $16.8 billion of assets under management as of Jan 1, 2025.
For more information, please visit www.nicolawealth.com.
Nicola Wealth Management Ltd. (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions.