Associate, Real Estate Management

About this role

BlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management risk management and advisory services to institutional intermediary and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worlds capital markets. Our clients can access our investment solutions through a variety of product structures including individual and institutional separate accounts mutual funds and other pooled investment vehicles and the industry-leading iShares ETFs.

Business Unit Overview

The Enterprise Services team oversees the firms efforts around Safety Security Resilience Real Estate Travel and Executive Technology Support.

The Real Estate Portfolio Management team manages the global portfolio for all locations utilized by BlackRock. This includes offices data centers and business continuity sites in 31 countries. Included in the function are real estate strategic planning transaction management and lease administration.

Job Purpose/Background

The successful candidate will be primarily responsible for oversight of the lease administration function financial analysis modelling management of the teams data analysis and reporting facilitation of sublease payments and administrative support for the RE team The ideal candidate would be able to function in the fast-paced environment of a premier global financial services firm. This individual must be extremely organized detail-oriented and highly focused with a proactive mind-set. Additionally this person must be team-oriented resourceful and able to manage and prioritize multiple tasks completing them in a timely and efficient manner.

Key Responsibilities

Management of rent payment process: tracking submission of rent variance files from the lease administration team seeking approvals and then tracking payments to landlords

Ensure all invoices and approvals are saved to the appropriate databases

Coordinate with finance and AP colleagues to assist the lease administration team to reconcile any payment issues and proactively liaise with lease admin to resolve any invoicing issues

Serve as the primary liaison with the finance team for payment queries

Managing the outsourced lease administration team including submitting all lease documents to the team; monitoring the lease abstraction process; verifying the key points of the lease abstracts (or ensuring that the regional lead has verified) and then distributing key lease information to stakeholders and updating all relevant databases

Timely and accurately prepare and/or assist with monthly quarterly annual and ad hoc reports

Tracking all Tenant Improvement Allowances globally and assisting the Design and Construction team with seeking reimbursement

Support the RE team on all transactional activity

Provide necessary research for pending projects including desk top studies and contact with local brokers as necessary

Assist with or lead (depending on complexity) the preparation of the financial analysis for all lease acquisitions and dispositions

Assist with the preparation of the business case/deck for approval

Setting up and closing bank guarantees and/or security deposits for new and retired locations

Provide ongoing assistance and administrative support to the RE Team (in particular with regard to data operations)

Development Value

The chosen candidate will be a key player in a small team with the opportunity to work with and learn from highly experienced real estate leaders

Knowledge/Experience

Knowledge of commercial real estate documents and the leasing process

Experience with lease database software is preferred

High customer service orientation with demonstrated ability to build and maintain strong working relationships

Provide a high level of attention to detail for reliable accuracy

Must consistently demonstrate excellent communication (both verbal and written) organizational and analytical skills

Knowledge and understanding of the basic accounting and finance principles and familiarity with their applications flow and impact with respect to real estate analysis

Proficiency in PC based software especially MS Excel Word and PowerPoint; Must have the ability to accurately develop various types of logical reports

Exceptional interpersonal skills positive attitude friendly helpful and responsive

Skills/Qualifications

Bachelors degree in business or related field or equivalent experience

Strong financial/analytical background with proficiency in Microsoft office applications with emphasis on Excel and PowerPoint

Ability to prepare high level presentations and transaction summaries for senior executives

Proficiency in PC based software especially MS Excel Word and PowerPoint; Must have the ability to accurately develop various types of logical reports

Competencies

Ability to multi-task in a collaborative fast paced environment

Excellent verbal and written communication skills and interpersonal skills

Excellent organizational project management and people skills with the ability to openly convey information to team members in a timely concise manner

Self-starter with the ability to work independently to complete projects with remote oversight

Ability to effectively interact with all levels of the organization and management

Our benefits

To help you stay energized engaged and inspired we offer a wide range of benefits including a strong retirement plan tuition reimbursement comprehensive healthcare support for working parents and Flexible Time Off (FTO) so you can relax recharge and be there for the people you care about.

Our hybrid work model

BlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person aligned with our commitment to performance and innovation. As a new joiner you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock we are all connected by one mission: to help more and more people experience financial well-being. Our clients and the people they serve are saving for retirement paying for their childrens educations buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.

For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn: is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law.View theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our.