Associate Director, Global Real Estate

Bristol Myers Squibb • Princeton, NJ

6d • Hybrid

About The Position

The Associate Director of Global Real Estate will lead the strategy & transactions for end-to-end real estate lifecycle activities across the portfolio (strategy, acquisitions/dispositions, M&A integrations, lease management, and optimization). This person partners with senior business and regional leaders to align and support real estate decisions with enterprise priorities across Commercial, Manufacturing & Supply Chain, R&D, Drug Development, and related Corporate Functions.

Requirements

• Minimum education of a bachelor’s degree in real estate, business, finance, urban planning or similar area of study is required.
• Minimum of seven (7) years of experience in corporate real estate strategy, portfolio management, transactions, and workplace solutions, with strong cross‑functional business acumen is required.
• Proven track record leading complex, multi‑region real estate initiatives across portfolio strategy, transactions, M&A integration, lease restructuring, and market entry/exit in global, matrixed environments.
• Demonstrated ability to manage multiple, concurrent portfolio operations end‑to‑end, integrating lease administration, space and occupancy strategy, capital delivery, and change management across a global footprint delivering clear, data‑driven recommendations that shape enterprise real estate strategy.
• Strategic and analytical thinker who synthesizes portfolio, market, and business inputs, with accountability for scope, resources, budget, and delivery.
• Strong financial acumen with a clear understanding of how real estate decisions impact enterprise performance, risk profile, and long‑term value creation.
• Demonstrated leadership, influencing matrixed teams and external service providers.
• Exceptional communicator with strong stakeholder management, negotiation, and presentation skills.
• Working knowledge of industry frameworks, platforms, and data sources including IWMS/lease systems, Tableau, PowerBI, dashboards, and reporting tools.

Responsibilities

• Lead global portfolio planning and optimization aligned to business strategy and operating model changes.
• Assess portfolio performance; recommend actions to improve capital efficiency, reduce risk, and lower total occupancy cost.
• Support global site/location strategy decisions across Commercial, Manufacturing & Supply Chain, R&D, and Development.
• Execute global transactions end to end: acquisitions, dispositions, new/renewal leases, restructure, and exits for assigned sites.
• Support M&A via diligence, integration planning, portfolio rationalization, and post-close execution, as required.
• Drive strategic reviews and lead complex divestitures (office, campus, industrial, specialized) balancing financial outcomes, continuity, and risk.
• Drive green leasing considerations partnering with EHSS, Sustainability and industry best practices.
• Lead lease strategy and negotiations (extensions, amendments, terminations) and ensure legal/financial compliance.
• Partner with Legal, Finance, EHSS, Tax, and regional Capital, Facilities, IT and Workplace/Operations teams on transaction structure and approvals.
• Maintain governance, controls, and documentation across the portfolio and transaction lifecycle.
• Manage lease administration activities, rent roll, options, escalations, key dates alerts, audits, property tax reviews and other lease administration operations.
• Drive sublease activities and offset recovery and monetization of assets.
• Serve as a trusted advisor to regional and functional leaders, influence decisions across competing priorities.
• Align stakeholders (Commercial, Operations, R&D, Finance, Legal, ESG, Workplace Services) on integrated solutions.
• Present clear, data-driven options and related financials to senior leaders, including trade-offs, risks, and financial impact.
• Partner with segment Finance to deliver value via cost reduction, capital optimization, balance-sheet efficiency, and long-term portfolio performance.
• Build business cases, financial models, and investment analyses to support executive decisions.
• Ensure strategies deliver measurable P&L benefit while enabling growth and resilience.
• Work with Technical Accounting to ensure financial considerations are comprehensive in lease strategy and actions, including write-offs, netbook value, asset history and inventory, and P&L impact timing.

Benefits

• Health Coverage: Medical, pharmacy, dental, and vision care.
• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
• Work-life benefits include: Paid Time Off US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees) Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
• Based on eligibility, additional time off for employees may include unlimited paid sick time, up to 2 paid volunteer days per year, summer hours flexibility, leaves of absence for medical, personal, parental, caregiver, bereavement, and military needs and an annual Global Shutdown between Christmas and New Years Day.
• All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager