Lease Administrator

U.S. Bank • Minneapolis, MN

1d • Onsite

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Support lease activities throughout the lease lifecycle including executing, maintenance of abstract, lease renewals and lease terminations, communicating with tenants and landlords and managing critical dates. Coordinate lease activities with the assigned Transaction Manager. Coordination activities include interpret leases and legal documents, conduct document for completeness and accuracy, maintain the accuracy and completeness of the lease administration database and ensure the lease are compliant with risk management requirements. Conducts self-assessment of lease data to ensure completeness and accuracy. Create reporting that is shared with the Transaction Manager and decision makers. Works with Corporate Real Estate professionals, business line contacts to ensure the leases are compliant with established policies and procedures. Coordinates activities and other tasks supporting lease administration. Provides training on lease administration processes as applicable.

Requirements

• Bachelor’s degree, or equivalent work experience
• Typically three to five years of related experience
• Thorough knowledge of assigned business line or functional area
• Strong organizational and analytical skills
• Thorough knowledge of lease administration
• Ability to identify and resolve exceptions and to analyze data
• Demonstrated leadership skills

Responsibilities

• Support lease activities throughout the lease lifecycle including executing, maintenance of abstract, lease renewals and lease terminations, communicating with tenants and landlords and managing critical dates.
• Coordinate lease activities with the assigned Transaction Manager.
• Coordination activities include interpret leases and legal documents, conduct document for completeness and accuracy, maintain the accuracy and completeness of the lease administration database and ensure the lease are compliant with risk management requirements.
• Conducts self-assessment of lease data to ensure completeness and accuracy.
• Create reporting that is shared with the Transaction Manager and decision makers.
• Works with Corporate Real Estate professionals, business line contacts to ensure the leases are compliant with established policies and procedures.
• Coordinates activities and other tasks supporting lease administration.
• Provides training on lease administration processes as applicable.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees