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Real Estate Transaction Manager
Citizens Bank
Johnston, RI, United States
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Description
The role of the Transaction Manager is to manage ATM related property transactions including the identification, selection, and procurement of new locations, as well as sales of existing properties and relocations. This role requires that the candidate be able to work both with a team and in an autonomous self-directed manner. The primary function is to analyze multiple scenarios for complex real estate deals with the goal of optimizing the best cost scenarios while meeting the needs of various business lines. The role will interact heavily with our legal, retail banking, and finance partners as well as our brokerage team. They will manage RFPs with help from our sourcing department, work with vendors, and internal partners, and interface on a daily basis with our retail banking and ATM teams.
Responsibilities for this role will include, but will not be limited to:
• Determining ATM property strategies through scenario analysis designed to provide the most efficient use of our real estate, while being cost-effective
• Negotiating deal terms with landlords and reviewing lease documents to ensure the bank is getting the best terms possible
• Providing guidance to our brokerage team and retail banking partners on preferred locations
• Finding financial and other benefits while meeting business line needs to reach the best long-term outcomes
• Working towards and supporting the success of organizational initiatives and goals
• Improving, enhancing, and simplifying the existing processes
• Working closely with other property teams including Space Planning, Project Management and Operations to leverage their knowledge and providing them with the information they need to operate
• Ad Hoc analysis and reporting for assigned projects as well as assistance in various other roles as needed
The Property Strategy and Execution team is responsible for determining the proper strategy for each of our 1,200 branches, 100 office buildings, and 2,000 ATMs, executing that strategy, building new branches, and managing the non-facilities related aspects of these properties. This includes financial analysis and modeling, reporting, site selection, acquisition, and disposal, lease negotiations, sub-tenant interactions, and responding to items such as Estoppels, and SNDAs.
Qualifications
Required Skills/Experience:
• 1 – 3 years of real estate leasing experience
• Excellent communication skills - verbal and written
• Positive attitude
• Financial acumen – affinity for numbers
• MS Office Proficiency – Intermediate to advanced Excel skills required
• Desire to change the status quo and create new, improved ways to get the job done
• Ability to work under pressure with efficiency and accuracy
• Strong organizational and planning skills
Education, Certifications and/or Other Professional Credentials:
• Bachelor's degree required
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday through Friday 8:30AM - 5:00PM
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.
Equal Employment Opportunity
It is the policy of Citizens Bank to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer/Disabled/Veteran
Citizens Bank is a brand name of Citizens Bank, N.A. and each of its respective subsidiaries.