Senior Corporate Real Estate Transaction Manager
4 weeks ago
The Senior Corporate Real Estate Transaction Manager will oversee the firm's efforts around Safety, Security, Resilience, Real Estate, Travel and Executive Technology Support. This includes offices, data centers and business continuity sites in 31 countries. The role involves interaction with key stakeholders, business leaders, management of outside vendors, partnership with groups within ES, as well as technology, finance, human resources, source and vendor management and risk, to name a few.
Key Responsibilities• Partner closely with ES colleagues and business partner clients in the acquisition and disposition of facilities, coordinating activities with the appropriate management and staff functions within various groups / locations
• Engage real estate agents/brokers as necessary
• Negotiate either through brokerage partners or directly with landlords to achieve market leading commercial terms
• Preparation of cash and P&L financial analysis to evaluate options and obtain approvals
• Effectively negotiate all lease terms for new leases, amendments, extensions and terminations as needed
• Work with in-house and outside legal counsel, as needed in preparing all required documentation relating to any transaction
• Coordinate lease reviews with different internal stakeholder groups, insuring open communication and responsiveness from team members
• Ensure proper documentation is in place for all transactions
• Ensure proper project close out, including the updating of the lease database and notification of all relevant internal stakeholders
• Track current lease contracts and manage process for critical date actions and utilization analyses
• Manage the outsourced lease administration team to ensure the efficient payment of rent and operating costs for all Americas locations
• Prepare monthly transaction and portfolio reports for the Americas region
• The chosen candidate will have a leadership role in managing the portfolio. The position includes partnership with various business units throughout the firm on projects including agreement on final recommendations up through executive approval. The ideal candidate will embrace an entrepreneurial environment with the willingness to take ownership of projects.
Knowledge/Experience• Minimum 5-10 years' experience managing corporate real estate transactions
• Demonstrate ability to successfully manage multiple real estate related projects throughout the regions with delivery of timely and quality results
• Ability to negotiate effectively on lease transactions for both cost benefit and tenant favorable legal terms
• Background in managing vendors and negotiating contracts with established relationships in the regions
• Strong ability to understand, interpret and abstract lease language
• Keen understanding of CAM, Operating Expenses, Service Charges, Real Estate Tax Escalation, VAT
• Proven track record of successful real estate transactions with high customer satisfaction
• Strong financial/analytical background with proficiency in Microsoft office applications with emphasis on Excel and PowerPoint
• Ability to prepare high level presentations and transaction summaries for senior executives
• Ability to multi-task in a collaborative, fast paced environment
• Excellent verbal and written communication skills and interpersonal skills
• Excellent organizational, project management, and people skills with the ability to openly convey information to team members in a timely, concise manner
• Self-starter with the ability to work independently to complete projects with remote oversight
• Ability to effectively interact with all levels of the organization and management
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work modelBlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRockAt BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
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