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 (CRE) portfolio.

Key Responsibilities
  • Property Administration

    Manage the daily administration of real estate interests and other real estate (ORE) non-Bank properties, including ordering, collecting, and monitoring property acquisition due diligence items, ensuring documentation is recorded, and that property files are accurately maintained in the lease management system.

  • Portfolio Management

    Manage lease performance, including landlord and tenant lease responsibilities, ensuring data integrity in the portfolio management system, and providing reports to management on portfolio status and profitability.

  • Property Finances

    Track, pay, and manage financial elements for Bank property, including related charges, tax appeals, and valuations, and investigate and report on budget variances.

  • Business Support

    Support internal and external audits of CRE processes, provide guidance on real estate-related matters, and assist in the planning and execution of other department initiatives as needed.

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.

  • 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.

  • Background in Corporate/Commercial real estate audit.

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



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