Real Estate Portfolio Manager

5 days ago


Raleigh, North Carolina, United States First Citizens Bank Full time
Job Summary

We are seeking a highly skilled and experienced Real Estate Portfolio Manager to join our team at First Citizens Bank. As a key member of our Corporate Real Estate team, you will be responsible for overseeing the daily administration and management of our Corporate Real Estate portfolio.

Key Responsibilities
  • Manage the daily administration of real estate interests and other real estate (ORE) non-Bank properties, ensuring accurate and timely performance of lease and fee simple property responsibilities.

  • Oversee vendor engagements and valuations of bank property, as well as manage acquisitions and dispositions in alignment with corporate strategies.

  • Manage lease and fee-simple contract negotiations, execution, and performance, ensuring effective resolution of easement and condemnation matters.

  • Perform financial analyses and processing for real estate transactions, income, and expenses, as well as manage timely database updates and accuracy.

  • Perform budget forecasts and estimates, research, and report on budget variances, and advise on lease and fee simple property entitlements, ad-hoc property matters, and M&A initiatives.

Requirements
  • Bachelor's Degree and 6 years of experience in Real Estate Acquisition, Disposition, Lease Administration, or Commercial Property Management.

  • OR High School Diploma and 10 years of experience in Real Estate Acquisition, Disposition, Lease Administration, or Commercial Property Management.

  • Corporate/Commercial Lease and Portfolio experience.

  • People management experience.

  • Sound understanding of complex real estate terms, financial, and legal concepts.

  • Valid driver's license and occasional travel to other offices, customers, providers, etc.

  • Knowledge of MS Office suite products with specific emphasis on MS Word, MS Excel, MS PowerPoint, and MS Outlook.

  • Proactive, action-oriented, and highly organized.

  • Proven critical thinking and problem-solving skills.

  • Relationship and partnership building skills.

Preferred Qualifications
  • Property Accounting experience preferred.

  • Background in Corporate/Commercial real estate audit preferred.

  • Preferred Area of Study: Paralegal / Brokers License (inactive).

First Citizens Bank is an Equal Opportunity/Affirmative Action Employer/Minority/Female/Disability/Veteran. If you need special assistance or an accommodation in applying for employment, please contact our Human Resources department.



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