Associate, Real Estate Management

BlackRock•Atlanta, GA

19h•$80,000 - $105,000•Hybrid

About The Position

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. The Enterprise Services team oversees the firms’ efforts around Safety, Security, Resilience, Real Estate, Travel and Executive Technology Support. The Real Estate Portfolio Management team manages the global portfolio for all locations utilized by BlackRock. This includes offices, data centers and business continuity sites in 31 countries. Included in the function are real estate strategic planning, transaction management and lease administration. The successful candidate will be primarily responsible for oversight of the lease administration function, financial analysis modelling, management of the team’s data analysis and reporting, facilitation of sublease payments and administrative support for the RE team. The ideal candidate would be able to function in the fast-paced environment of a premier global financial services firm. This individual must be extremely organized, detail-oriented, and highly focused with a proactive mind-set. Additionally, this person must be team-oriented, resourceful and able to manage and prioritize multiple tasks, completing them in a timely and efficient manner.

Requirements

Knowledge of commercial real estate documents and the leasing process
High customer service orientation with demonstrated ability to build and maintain strong working relationships
Provide a high level of attention to detail for reliable accuracy
Must consistently demonstrate excellent communication (both verbal and written), organizational, and analytical skills
Knowledge and understanding of the basic accounting and finance principles and familiarity with their applications flow and impact with respect to real estate analysis
Proficiency in PC based software, especially MS Excel, Word, and PowerPoint; Must have the ability to accurately develop various types of logical reports
Exceptional interpersonal skills, positive attitude, friendly, helpful and responsive
Bachelor's degree in business or related field, or equivalent experience
Strong financial/analytical background with proficiency in Microsoft office applications with emphasis on Excel and PowerPoint
Ability to prepare high level presentations and transaction summaries for senior executives
Proficiency in PC based software, especially MS Excel, Word, and PowerPoint; Must have the ability to accurately develop various types of logical reports
Ability to multi-task in a collaborative, fast paced environment
Excellent verbal and written communication skills and interpersonal skills
Excellent organizational, project management, and people skills with the ability to openly convey information to team members in a timely, concise manner
Self-starter with the ability to work independently to complete projects with remote oversight
Ability to effectively interact with all levels of the organization and management

Nice To Haves

Experience with lease database software is preferred

Responsibilities

Management of rent payment process: tracking submission of rent variance files from the lease administration team, seeking approvals and then tracking payments to landlords
Ensure all invoices and approvals are saved to the appropriate databases
Coordinate with finance and AP colleagues to assist the lease administration team to reconcile any payment issues and proactively liaise with lease admin to resolve any invoicing issues
Serve as the primary liaison with the finance team for payment queries
Managing the outsourced lease administration team including submitting all lease documents to the team; monitoring the lease abstraction process; verifying the key points of the lease abstracts (or ensuring that the regional lead has verified) and then distributing key lease information to stakeholders and updating all relevant databases
Timely and accurately prepare and/or assist with monthly, quarterly, annual and ad hoc reports
Tracking all Tenant Improvement Allowances globally and assisting the Design and Construction team with seeking reimbursement
Support the RE team on all transactional activity
Provide necessary research for pending projects, including desk top studies and contact with local brokers as necessary
Assist with or lead (depending on complexity) the preparation of the financial analysis for all lease acquisitions and dispositions
Assist with the preparation of the business case/deck for approval
Setting up and closing bank guarantees and/or security deposits for new and retired locations
Provide ongoing assistance and administrative support to the RE Team (in particular with regard to data operations)