Management Trainee

Simon Property Group•Concord, NC

About The Position

The Management Trainee learns and undertakes the role and responsibilities of a General Manager while supporting the General Manager in protecting and enhancing the value of the company’s real estate assets. The trainee assists in identifying center objectives and learns to translate them into operational, marketing, leasing, and other profit-enhancing strategies. The role requires completing all aspects of the established training program, demonstrating working knowledge of General Manager responsibilities, and becoming proficient in managing a shopping center. After successfully completing training, the trainee is expected to relocate to an assigned open position.

Requirements

Bachelor’s degree in a business-related discipline from a four-year college or university.
Sound verbal and written communication skills.
Comfort speaking in public.
Ability to adapt to a dynamic work environment.
Strong time-management skills and ability to meet assigned deadlines.
Willingness to relocate after successful completion of training to an assigned open position.

Responsibilities

Maximize EBITDA by increasing potential income sources while controlling expenses.
Understand and analyze financial reports, leases, REAs, and other information, and work with the mall team to implement strategies that achieve the property’s targeted EBITDA budget and growth rate.
Assist the General Manager in developing and implementing an Asset Improvement Plan and Property Operating Budget addressing the center’s opportunities and needs.
Learn all aspects of permanent leasing and participate in leasing activities from canvassing through lease execution.
Optimize short-term leasing performance while maintaining exceptional standards.
Understand the Simon security initiative and support the General Manager in developing and implementing the property’s public safety and security strategy.
Understand marketing and Simon Media & Experiences initiatives while driving revenue and retail sales.
Work with the mall team to create a best-in-class customer shopping experience by establishing and maintaining appropriate operating standards at a competitive cost.
Assist in developing and executing the five-year capital plan focused on asset preservation and life-cycle costs.
Develop skills to retain and motivate team members.
Develop and maintain strong, productive relationships with tenants, community partners, and stakeholders.
Gain in-depth knowledge of company policies and procedures.
Understand and demonstrate the qualities and characteristics necessary to be an effective leader.
Complete all aspects of the established training program and demonstrate working knowledge of General Manager responsibilities and shopping-center management.