Regional Real Estate Portfolio Manager Full Time NEW

Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

We have an exciting opportunity for a Regional Corporate Real Estate Portfolio Manager to join the Global Corporate Real Estate Team based from our Maidenhead Office. This role will be responsible for managing and directing a corporate office real estate portfolio of multiple offices spread over multiple countries including the UK and EMEA. This position will provide a strategic approach to strategic portfolio planning, leasing and facilities management for a regional portfolio in line with the Company’s growth strategy, risk appetite, cost controls and environmental footprint. It will also be responsible for managing the capital and operating expense budgets for the assigned region.

Responsibilities include leading complex lease negotiations and fit-out projects for multimillion dollar budgets, acquisitions of new offices and disposition of excess leased office locations. This role will lead an internal and external team consisting of project managers, facilities managers and administrators. This role will have responsibility for ensuring delivery and governance of all aspects of property management, physical security and health & safety (in coordination with the Corporate EHS team) across the assigned portfolio and will influence decision making through accurate, timely reporting to executive and senior leadership.

Key Responsibilities Include

• Provide strategic, business focused advice and consultative solutions to executive and team members on design and delivery of regional corporate real estate programs. Coordinates other aspects of facilities such as health and safety, security, business continuity and insurance.
• Responsible for regional portfolio OpEx and Capex budgets. Work with the Finance Department to update and close out projects while tracking changes and planned versus actual costs. Work with internal and external consultants to project costs.
• Prepare and present business cases that evaluate real estate options based on cost analysis for executive decision making, approval and implementation. Prepare annual housing budgets for assigned regional offices.
• Manage all regional brokerage relationships. Conduct market research and drive new lease negotiations. Review, maintain and administer lease contracts to ensure lease obligations are met by the local offices.
• Develop and maintain a solid customer relationship with all FM field office management.
• Direct all aspects of project management, i.e. legal, financial, contractual and technical. Accountable for end-to-end delivery of all new capital buildouts from a cost and quality perspective. Results will be measured via financial results as compared to plan; achieving operational objectives as defined by Operations Manager; and, strict adherence to approved standards and procedures. Identifies and resolves complex real estate problems, exercising strong judgement within established governance.
• Collaborates with internal and external legal advisors on the design and delivery of corporate real estate programs. Responsible for maintaining accurate and complete legal documentation of all lease transactions and leased property.
• Attracts, manages and develops strong internal teams in region and provides appropriate leadership, structure, coaching and development.

Qualifications

• Bachelors Degree in Real Estate, Business or related field.
• Minimum 10 years experience managing corporate real estate in the UK and ideally across the EMEA territory.
• Experience negotiating a wide range of real estate, construction and facilities contracts
• Demonstrated ability to understand business strategy and translate it into portfolio, location, and workplace decisions that balance cost, risk, and growth
• Ability to complete financial analysis and budgeting
• Understanding of operation reconciliation process, real estate taxes and insurance
• Understanding of architectural design, workplace strategies, construction practices and project finances
• Decisive leadership of multidisciplinary, cross-functional teams, drawn from external and internal resources
• Excellent understanding of legal issues surrounding lease language and conducting business internationally
• Excellent communication and organizational skills
• Strong customer service orientation
• Proven ability to build strong relationships both internally and externally
• Ability to operate effectively through periods of ambiguity and complexity
• Familiarity with Yardi is a plus.

In return, you will receive a competitive salary and benefits package which includes:

• Final Salary Pension Scheme
• Private medical insurance contribution
• Incentive Plan
• Fitness Reimbursement Plan
• 2 Global Well-being days per annum
• Annual Volunteer Day
• Emotional well-being and mental health assistance programme

FM is a people-driven business. It is our ability to harness the power of our diversity that allows us to create the unique, world-class services we’re known for.

We’re committed to attracting a talented and diverse workforce and fostering a culture of inclusion that allows diversity to thrive and seed innovation.