Portfolio Manager-Portfolio Operations- Transaction Management
JLL
Gurgaon, Haryana, India
JLL supports the Whole You, personally and professionally. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally. Portfolio Manager-Portfolio Operations- Transaction Management What this job involves: 1. The candidate will work with our clients as well as account leads to monitor and mitigate portfolio risk, enhance governance, provide consistency and efficiencies, while proactively building portfolio strategies to optimize portfolios and reduce costs. The candidate will need to leverage internal JLL resources and tools to introduce and integrate best market practices; work closely with internal, external and service provider teams to assemble relevant data and information; and interact with internal and external stakeholders to solicit their feedback to refine and finalize the strategies and develop portfolio strategies across the regions. Examples of portfolio strategies are: Scenario or Metro plans, as relevant, for a city or combination of cities to identify opportunities for portfolio rationalization, in view of intrinsic business, and extrinsic market factors. Lease vs own recommendations for an asset or a portfolio of assets Cost optimization opportunity assessment in view of business strategies and operations. 2- The candidate needs to work with local brokers to help our clients define space requirements, identify suitable alternatives, recommend appropriate occupancy solutions, and negotiate contract terms on their behalf – all guided by data and analytics to provide relevant insights. Prepare a critical lease events tracker and initiate projects on time through the JLL Account lead. Follow a strict process to carry out a lease transaction or exit. Prepare all materials required in the transaction process not limited to appointment letters; market comparable reports; notices under the lease; letters of offer; financials; client business cases, close out reports in liaison with JLL Account lead. Prepare rent budgets and stay versus go analysis using a cash flow and NPV (net present value) approach. Maintain transaction information and evidence of compliance to the transaction process within JLL and client reporting systems. Regularly communicate status of all active transactions per an agreed cadence and forum. Review lease agreements and ensure inclusion of all standard clauses identified and/or approved by the client i.e. JLL Account lead. Verify any stamp duty, registration charge and coordinate registration Complete transaction close outs and assess performance against pre agreed success measures such as savings, cycle time, compliance adherence, quality of deliverables. Support the JLL Account lead on all regional reporting. Prepare commission forecasts for all JLL appointed transactions. May be required to present recommendations to client stakeholders. Performance objectives Collaborate with Client’s Real Estate Leads to understand the long- and short- term business and portfolio goals and identify opportunities and risks (portfolio, operational, and financial, et.al.) to maximize performance and outcomes Accountable for a mixed asset portfolio with Fortune 500 clients, the successful candidate will develop their knowledge of multi country real estate and market practices. Interacting with JLL local expertise, account and regional leadership this role entails lease event monitoring, comparing lease terms to market, development of negotiation strategies and (reporting into the JLL Account lead) then managing a process to either renew leases, conduct rent reviews or exit sites. Key skills Transaction Management Portfolio Strategy Financial Analysis Presentation and report deliverable development (PowerPoint, etc) Sound like you? To apply you need to be: Degree holder in Real estate Real Estate transaction experience of at least 2 years Strategic thought processes are vital in processing and analysing data in order to reach key conclusions Advanced financial literacy Strong attention to detail, well organised, ability to prioritize work within tight operational and financial deadline High proficiency in Microsoft Excel, PowerPoint, Word Fluency in spoken and written English essential
