Wealth Planning

Bessemer Trust • Woodbridge Township, NJ

399d

About The Position

The Real Estate Operations Associate at Bessemer Trust plays a crucial role in supporting the Real Estate Advisory group by facilitating the day-to-day operations related to the management of discretionary real estate assets. This position involves a variety of responsibilities including asset management support, regulatory compliance, and lease administration, all aimed at ensuring the prudent administration of real estate assets held in trusts and estates.

Requirements

• Bachelor's degree with 5+ years of related business experience required
• Basic Knowledge of Real Estate & Fiduciary concepts
• Knowledge of property insurance administration a plus
• Knowledge of vendor contract administration a plus
• Superior analytical & independent problem solving skills
• Excellent written and verbal communication skills
• Demonstrated teamwork qualities
• Results driven, detailed oriented and a motivated self-starter
• Working knowledge of Yardi Property Management
• Strong organizational skills and ability to manage multiple tasks
• Strong proficiency with Microsoft Office - Excel, Outlook, PowerPoint, Word
• Proficiency in or willingness to learn company applications and electronic filing system.

Nice To Haves

• Knowledge of vendor contract administration
• Knowledge of property insurance administration

Responsibilities

• Support real estate Asset Managers and Client Advisors with real estate asset onboarding, account management, due diligence, and record keeping for discretionary real estate asset management.
• Assist with obtaining periodic property inspections and valuations for discretionary real estate assets.
• Coordinate internally with Client Advisors and Asset Managers for retaining, administering and scheduling outside professionals.
• Support the senior Real Estate Operations member with account opening workflow process, maintaining Real Estate Advisory's property management software system, internal reporting, and recurring regulatory responsibilities.
• Preparation of materials and critical date tracking for internal reporting to fee department, banking committees, internal audit, vendor management, business continuity, and other internal departments.
• Assist Asset Managers with administration of residential and commercial leases and occupancy agreements.
• Monitor lease critical dates, payment of rent, and compliance with lease provisions.
• Oversee the administration of insurance associated with real property including property and liability insurance, tenant insurance, evidence of insurance for vendors and service providers.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees