Senior Counsel - Real Estate

Fifth Third BankCincinnati, OH
Onsite

About The Position

Attorney supporting Enterprise Workplace Services (“EWS”), with a primary focus on complex ground lease transactions and related real estate matters that advance the Bank’s strategic expansion plans. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

  • Three to six years of relevant commercial real estate legal experience, including meaningful experience drafting and negotiating complex ground leases, purchase and sale agreements, and retail lease agreements.
  • J.D degree from accredited law school required
  • Admission to a state bar.
  • Exceptional organization skills, and communication skills (both written and verbal).
  • Ability to interface successfully with senior management.
  • Ability to handle a variety of internal client demands.
  • Strong drafting and negotiation skills, with the ability to identify and resolve legal, operational, development, financing, and property-level risks in ground lease transactions.
  • Ability to spot issues, assess risk, think critically, and problem solve.
  • Research capabilities.

Nice To Haves

  • Basic understanding of bank regulatory framework is preferred, but not required.

Responsibilities

  • Provide legal support to the Bank’s Enterprise Workplace Services (“EWS”) group across the real estate lifecycle, with significant responsibility for ground lease transactions.
  • Draft, review, and negotiate complex ground leases and related documents, work letters, memoranda of lease, recognition and nondisturbance agreements, estoppels, consents, amendments, assignments, and other ancillary instruments.
  • Lead ground lease negotiations and advise on key risk and business terms, including ownership of improvements, construction and delivery obligations.
  • Review and negotiate office and retail leases, lease amendments and renewals, purchase and sale agreements, ATM agreements, license agreements, construction-related agreements, and other ancillary real estate documents.
  • Interpret ground leases and other real estate agreements, resolve operational and construction-related questions, and support the management of defaults, disputes, and enforcement matters.
  • Collaborate with EWS stakeholders, including real estate, construction, design, facilities, finance, insurance, environmental, and risk partners, to structure transactions and meet critical project milestones.
  • Approach legal matters in a cooperative, practical, and collaborative manner, working constructively with business partners and other stakeholders to develop solutions that balance legal risk with business objectives.
  • Manage outside counsel and a high volume of sophisticated transactions while maintaining responsiveness, sound judgment, and accountability for deadlines.

Benefits

  • Comprehensive benefits
  • Differentiated compensation offerings
  • Incentive compensation plan
  • Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.
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