Portfolio Manager - Owned Assets

About the Role

This position is designed to oversee and enhance the performance of New Zealand Ministry of Foreign Affairs & Trade's international property portfolio. The Portfolio Manager will lead the stewardship of a diverse and complex set of owned assets supporting New Zealand's global presence. The role is based in Wellington and is a permanent, full-time position focused on transforming current asset management practices by integrating strategic, financial, operational, and risk considerations.

Key Responsibilities

• Take full accountability for portfolio performance, managing risks, asset lifecycles, and outcomes.
• Convert strategic objectives into practical investment decisions, including portfolio planning, prioritization, and optimization.
• Integrate financial, commercial, technical, and operational data to improve decision-making quality.
• Enhance outsourced service delivery by strengthening contract management and simplifying service arrangements globally.
• Effectively manage complexity in the international asset environment by making pragmatic choices and communicating risks appropriately.
• Contribute to the Asset Management Division’s strategy, performance, and evolution as a leadership team member.

Candidate Profile

The ideal candidate is an experienced leader in asset, property, or infrastructure portfolio management with strong commercial and practical delivery skills. They excel in interpreting complex data, balancing investment risk and performance, and providing clear, actionable insights to senior leadership. Candidates should demonstrate:

• Substantial experience managing complex asset, property, or infrastructure portfolios.
• Expertise in portfolio planning, lifecycle management, and investment decision-making.
• Strong commercial and financial acumen to balance investment, performance, and risk factors.
• Proficiency in procurement, contract administration, and outsourced service management.
• Ability to synthesize complex information into clear recommendations and actions.
• Credibility and collaborative skills with senior stakeholders.
• A history of leading teams, driving performance improvements, and managing organizational change.
• Understanding of The Treaty of Waitangi/Te Tiriti, Te Reo Māori, and Māori customs and protocols is advantageous.

Additional Information

This role offers a total remuneration package ranging from $174,699 to $205,530, including the KiwiSaver employer contribution. Some international travel may be required occasionally. The role requires New Zealand citizenship and the ability to obtain and maintain a Top Secret security clearance. The security clearance process involves background checks in countries where reliable information can be obtained. This position is centrally Wellington-based and is a specialist corporate role, not involving foreign policy or diplomatic duties. However, opportunities to take on overseas specialist postings may arise through competitive processes.

Organizational Environment

The Ministry is committed to leadership, talent development, training, and flexible working arrangements. It is Rainbow Tick accredited and values diversity, inclusivity, and a supportive workplace culture. Employees contribute to advancing New Zealand's national interests globally by fostering international relationships and providing government policy advice.

Application Process

Interested applicants should submit their CV and cover letter promptly, as applications will be reviewed continuously. Support is available for applicants requiring accommodations during recruitment. Applications close at midnight on Wednesday, 21 October 2026.