Regional Asset Manager, US

Siemens•Sacramento, CA
•$181,544 - $266,852•Hybrid

About The Position

The Regional Asset Manager leads the Regional Asset Management unit for Siemens Mobility in the United States and is accountable for portfolio performance and delivery of agreed real estate objectives. The portfolio includes owned and leased office and industrial sites totaling approximately 2.4 million square feet. The role reports directly to the Head of Siemens Mobility Real Estate in the US and leads a regional Operational Property Management team of seven employees, providing functional direction and people leadership. The position serves as a real estate expert and trusted partner to Siemens Mobility leadership and other internal and external stakeholders. It develops and implements asset and portfolio strategies aligned with Siemens Real Estate standards and business requirements; oversees property management performance; and identifies ways to optimize space utilization, operating costs, and overall portfolio performance. The role also manages real estate risks, site and lease transactions, service providers, maintenance and capital planning, and collaboration on sustainability and building innovation. The position may combine on-site and remote work depending on role and portfolio requirements. Regular presence at Siemens Mobility locations and business travel are required. The role is full-time and permanent. The listed annual pay range is $181,544–$266,852, with a target incentive of 20% of base salary; the actual wage may vary based on stated factors.

Requirements

  • Bachelor's degree in real estate, business administration, engineering, facility management, or a related field.
  • At least 15 years of relevant experience in corporate real estate, asset management, property management, facility management, real estate consulting, or a comparable environment.
  • Strong knowledge of commercial and industrial real estate, including leasing, portfolio strategy, operating costs, maintenance planning, and real estate transactions.
  • Demonstrated experience leading teams and managing internal and external service providers.
  • Ability to manage senior stakeholders, understand business requirements, and convert them into practical real estate solutions.
  • Strong negotiation, financial, analytical, and risk-management skills, including the ability to evaluate alternatives and make well-supported recommendations.
  • Understanding of current technology trends and ability to assess their implications for real estate, workplace, and facility operations.
  • Excellent written and verbal communication skills in English.
  • Willingness to travel regularly within the assigned region and to other Siemens locations as business needs require.

Nice To Haves

  • Experience supporting manufacturing, production, industrial, or technically complex office environments is preferred.
  • Customer-focused, reliable, and solution-oriented business partnership approach.
  • Strong collaboration and networking skills across functions, business units, and external organizations.
  • Proactive approach to portfolio optimization, cost improvement, sustainability, and risk mitigation.
  • Ability to manage multiple priorities in a complex, matrixed organization while maintaining accountability for results.

Responsibilities

  • Serve as the real estate expert and trusted partner to Siemens Mobility leadership, internal customers, external business partners, landlords, service providers, and public authorities.
  • Develop and implement long-term asset and portfolio strategies aligned with Siemens Real Estate standards, business requirements, and broader portfolio objectives.
  • Set objectives for Property Management and monitor performance to ensure reliable operations, service quality, cost effectiveness, and achievement of agreed targets.
  • Evaluate portfolio performance, identify sustainable optimization opportunities, and implement measures to improve space utilization, operating costs, and overall real estate performance.
  • Identify operational and real estate risks and initiate mitigation measures in coordination with business stakeholders and internal partners.
  • Lead site selection, option analyses, lease negotiations and execution, renewals, expansions, consolidations, terminations, and site or partial-site relocations.
  • Negotiate, prepare, and execute lease and service agreements, and ensure contractually agreed services and obligations are fulfilled.
  • Select, manage, and develop internal and external service providers, setting expectations for scope, performance, cost, and quality.
  • Partner with Transaction Management on complex real estate transactions, including acquisitions, dispositions, due diligence, and contract negotiations.
  • Define maintenance and capital measures for owned and leased locations and develop related budgets through multi-year planning.
  • Work with topic experts on sustainability and building innovation to provide future-proofed spaces for Siemens Mobility.
  • Build and maintain a network across Siemens Mobility, Siemens Real Estate, and other stakeholders to enable effective decision-making and successful real estate outcomes.
  • Lead and develop the regional Operational Property Management team of seven employees, with functional direction and people leadership.

Benefits

  • Health and wellness benefits
  • Continued professional and personal development through learning opportunities, cross-functional collaboration, and exposure to real estate and business challenges
  • Target incentive of 20% of base salary
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