Apply on Employer Site

CyrusOne · 3 days ago

VP, Asset Management

Dallas, TX

Full-time

Onsite

Director/Executive

12+ years exp

CyrusOne is a leading provider of data center solutions, and they are seeking a Vice President of Asset Management to oversee the commercial performance and strategy execution for their multi-region portfolio. This executive will be responsible for driving asset-level strategy, customer retention, capital planning, and ensuring compliance with legal and regulatory obligations while collaborating with various departments.

Data CenterInformation ServicesInformation TechnologyWeb Hosting

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

Qualification

Asset managementFinancial analysisPortfolio managementLeadershipData center experienceInvestment managementReal estate knowledgeNegotiation skillsTeam developmentCommunication skills

Required

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

Bachelor's degree in Finance, Real Estate, Business, or a related field required