Job Title
Portfolio Manager (Commercial Real Estate Asset & Transaction Management)
Job Description Summary
As Property & Transaction Manager, you will be responsible for managing a national property portfolio primarily consisting of office spaces in the USA, comprising around 70 sites on behalf of an international financial services client. You will be part of a global team servicing the client and will report to an Account Manager located in London.
Key Responsibilities:
- Oversee transaction management service delivery for the client (lease renewals, acquisitions, dispositions, subletting, early surrender, freehold acquisition/disposition) and valuations.
- Understand and advise the client on commercial market rent changes, indexation risks, and other real estate market insights to help the client optimize their real estate operating budget.
- Oversee or perform transactions for the client (renew leases, negotiate rent changes, lease acquisitions, etc.).
- Ensure all necessary reporting and business case approval is done for the client to execute leases.
- Liaise with the lease data management team to provide lease contracts and information related to the lease terms & conditions.
- Oversee property management service delivery, acting as the intermediary between landlords and tenants to ensure uninterrupted use of the client's premises.
Daily Tasks would include:
- Be the main contact for landlords regarding notices and access to buildings for repairs, ensuring buildings are managed per lease conditions.
- Ensure cost-effective operational running of properties.
- Ensure adherence to lease terms and compliance with statutory requirements, advising the client accordingly.
Work within a global account team to ensure:
- Service delivery meets performance standards.
- Track and report all data required for performance (KPI) reporting.
- Actively participate in and gather all required data & insights for the portfolio planning process.
- Identify and drive cost savings for the client.
- Lead and ensure effective client relationship management for client stakeholders in the assigned geography and scope of service.
Key Performance Indicators:
- Contribution to achieving client and regional targets.
- Client satisfaction.
- Delivery of regular and accurate client reports.
- Services undertaken within the client budget.
- Continuous improvement, operational efficiency opportunities, and innovation.
Knowledge & Experience:
- 5+ years of portfolio management experience, preferably with finance sector experience.
- Experience with a similar type of portfolio, preferably within the finance sector.
- Up-to-date knowledge of legislation regarding property management in key USA states (NY, California).
- Demonstrable technical competence in property management.
- Basic IT skills (word-processing and spreadsheets).
- Experience in property management, preferably with an international firm.
Skills & Qualifications:
- Forward Planning - Plans and prioritizes own workload to achieve property management deliverables.
- Enabling Delivery - Capable of delivering property management effectively and thoroughly within agreed standards.
- Commercially Minded - Seeks efficiencies and cost savings for the client.
- Building Relationships - Establishes and nurtures harmonious relationships with clients, their advisers, and colleagues.
- Degree-level estate management qualification or equivalent desired.
- Membership of RICS.
Compensation:
The compensation for the position is: $102,000.00 - $120,000.00.
Equal Opportunity Employer:
Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or any other characteristic protected by state, federal, or local law.
Accommodation:
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com. Please refer to the job title and job location when you contact us.
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