Real Estate Portfolio Mgr, Sr.

Old National Bank•Evansville, IN

3d•$81,700 - $165,100

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

8+ years of progressive commercial real estate experience, including portfolio management, transactions, asset management, lease administration, or corporate real estate.
Demonstrated experience managing a multi-site real estate portfolio consisting of leased and owned properties.
Proven experience leading lease negotiations, acquisitions, dispositions, renewals, and complex real estate transactions.
Strong understanding of commercial real estate principles, market dynamics, lease structures, and transaction processes.
Knowledge of lease administration, lease accounting requirements, and real estate financial analysis.
Ability to analyze financial statements, real estate valuations, occupancy costs, investment returns, and buy-versus-lease scenarios.
Familiarity with zoning, land use regulations, municipal approval processes, property taxes, easements, deed restrictions, and related property rights issues.
Proficiency in Microsoft Excel, PowerPoint, and real estate portfolio management systems.
Strong negotiation, relationship management, and influencing skills.
Ability to communicate complex real estate concepts effectively to executive leadership and business partners.
Proven ability to manage multiple projects and priorities in a fast-paced environment.
Strong analytical, strategic thinking, and problem-solving capabilities.
Demonstrated ability to lead cross-functional teams and build collaborative partnerships across business units.
Excellent written and verbal communication skills with strong attention to detail.

Nice To Haves

Experience supporting real estate aspects of mergers, acquisitions, consolidations, and portfolio optimization initiatives.
Experience working with financial institutions, corporate occupiers, or highly regulated environments.
Experience managing third-party brokers, consultants, attorneys, appraisers, and service providers.
Working knowledge of lease accounting standards (ASC 842).
Experience utilizing data analytics and reporting tools to support portfolio decision-making.
Certified Commercial Investment Member (CCIM)
Certified Corporate Real Estate Executive (MCR, SLCR, or CERC)
Real Property Administrator (RPA)
Certified Property Manager (CPM)
Active real estate broker's license, where applicable

Responsibilities

Manage the Bank's leased and owned real estate portfolio.
Monitor portfolio performance, lease obligations, operating costs, occupancy metrics, and market conditions.
Track critical lease, property, and ownership dates and develop recommendations to support portfolio optimization.
Manage relationships with landlords, tenants, brokers, governmental agencies, and external stakeholders.
Oversee lease administration and lease accounting functions to ensure data accuracy, compliance, audit readiness, and effective reporting.
Portfolio space management activities, including occupancy planning, utilization analysis, and workplace optimization initiatives.
Manage property tax assessments and appeals in partnership with third-party consultants and internal stakeholders.
Support management and disposition of OREO and other held-for-sale assets.
Oversee property-related matters, including easements, encroachments, access agreements, deed restrictions, and other real estate rights and obligations.
Lead lease, renewal, relocation, acquisition, disposition, and development transactions across the portfolio.
Develop transaction strategies and buy-versus-lease analyses to support business and financial objectives.
Coordinate due diligence, internal approvals, entitlements, and transaction documentation.
Manage brokers, attorneys, appraisers, consultants, and other external service providers throughout transaction execution.
Represent the Bank in negotiations with landlords, sellers, buyers, developers, governmental entities, and community stakeholders.
Lead real estate acquisitions and dispositions, including financial evaluation, contract negotiation, due diligence, closing activities, and post-transaction integration.
Manage municipal requests and approvals, including zoning matters, variances, permits, right-of-way issues, and other local government requirements that impact the portfolio.
Support development and execution of corporate real estate, occupancy, and workplace strategies.
Provide data-driven recommendations and insights to senior leadership regarding portfolio performance, risk management, and optimization opportunities.
Assist with merger and acquisition real estate due diligence, integration planning, and portfolio rationalization efforts.
Mentor team members and foster collaboration across Corporate Real Estate and partner functions.
Provide oversight and strategic direction to lease administration, transaction management, tax appeal consultants, and other third-party service providers to ensure high-quality service delivery and alignment with organizational objectives.