Director of Real Estate
Director of Real Estate
Posted yesterday
SENIORITY
Manager
About the role
- Set Strategy For The Branch Real Estate Portfolio Develop and execute a multi-year real estate strategy aligned with the Company's growth, relocation, consolidation, and acquisition objectives. Own the lease portfolio pipeline, including expirations, renewals, relocations, and closures, so that decisions are made well ahead of critical dates. Partner with Operations leadership (Regional Vice Presidents and District Managers) and Analytics to use branch performance and market data in open, relocate, merge, and close decisions. Establish and maintain Company standards for site selection (co-tenancy, visibility, ingress/egress, exclusive use), branch layout, and branch appearance.· Oversee Lease Negotiation And Portfolio Management Oversee site selection, letters of intent, and lease negotiations for de novo, relocation, and renewal branches, and personally lead high-value or complex transactions. Set negotiation parameters and approval thresholds, and ensure all required corporate approvals are obtained before lease execution. Partner with the Legal department to define standard lease terms, acceptable risk positions, and template language. Direct early lease buyouts and the disposition of excess or vacated property to minimize remaining lease liability. Ensure accurate handoff of executed leases to lease administration and the integrity of lease data and critical dates, and partner with Accounting on lease accounting requirements (ASC 842).· Direct Facilities And Branch Build-OutOversee signage, furniture, flooring, and build-out for new, relocated, remodeled, converted, and acquired branches, delivering projects on schedule, within budget, and to brand standards. Own vendor strategy, including selection, contracts, pricing, quarterly business reviews, and performance management. Ensure permits, code requirements, and landlord approvals are secured for all branch projects. Oversee branch repair and maintenance, enforcement of landlord maintenance obligations, the national document-shredding program, and Branch Service Center facilities and mailroom operations. Partner with Marketing and Operations on rebranding and branch modifications so the branch network presents a consistent look.· Manage Budget, Cost Control, And Reporting Develop and manage the occupancy, facilities, and capital budgets, and track actual spend against budget. Report portfolio metrics to senior leadership, including occupancy cost per branch, upcoming lease expirations, project status, vendor spend, and realized savings. Review and approve invoices and lease-related payments within delegated authority. Identify and pursue opportunities to reduce occupancy and facilities costs across the portfolio.· Lead And Develop The TeamLead, coach, and develop the real estate and facilities teams. Set goals for the function and define clear roles and handoffs among the real estate, facilities, and locations teams. Drive continuous improvement in processes, systems, and tools used across the function.· Lead And Assist With Ad Hoc Projects As Needed.
Before you apply
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Your profile is current
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A number in mind
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Your notice period
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