Senior Lease Analyst

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Job description

Description

The role of the Senior Lease Analyst is to perform leasing and tax related activities for the bank's real estate portfolio. This role requires that the candidate be able to work both independently and as part of a team. The primary function is to ensure that lease data is abstracted in accordance with our requirements, critical dates are tracked, and the payments dictated by the lease are made in a timely and accurate manner. The role will interact heavily with our legal, strategy and finance partners as well as our brokerage team.

The Property Strategy and Leasing team is responsible for determining the proper strategy for each of our 1,200 branches and 150 office buildings, executing that strategy and managing the lease administration activities of these properties. This includes financial analysis and modeling, reporting, site selection, construction, acquisition and disposal, lease negotiations and document executions, sub-tenant interactions, lease payments, date tracking and responding to items such as Estoppels and SNDAs.

Responsibilities for this role will include, but will not be limited to:

• Working on key projects and/ or initiatives within the Bank, including but not limited to acquisitions, mergers and required changes such as lease accounting
• Ensuring accurate and timely payment of all lease related expenses, including Real Estate taxes
• Overseeing complete execution and abstraction of all lease documents
• Providing lease administration expertise to colleagues and cross divisional teams, including critical date tracking and management
• Approving rent commencement dates for new locations. Tracking branch or office opening, closing and possession dates. Ensuring databases reflect current and accurate lease data.
• Responding to requests and correspondence from landlords, property managers and other external contacts on lease-related issues.
• Conducting research on lease-related issues upon request.
• Partnering with Transaction Managers as subject matter experts and provide best practice language or research when negotiating new Lease or Amendments for each of the banks branches, offices and ATMs. This includes financial analysis, acquisition and disposal, document execution, sub-tenant interactions and occupancy costs.
• Managing the Subtenant Portfolio within the lease database which includes recording collection of rent, billbacks and reconciliations of AR & AP transactions to ensure accurate and current lease information is maintained.
  

Qualifications

• Current Lease Administration, Property and Vendor Management experience highly desired.
• Excellent communication skills, verbal and written
• Positive attitude and proven experience working as part of a greater team
• Financial acumen
• Intermediate Excel skills
• Experience changing the status quo and creating new, improved ways to get the job done
• Ability to work under pressure and maintain attention to detail with efficiency and accuracy
• Strong organizational and planning skills
• Ability to perform occasional out-of-state travel
• Proven leadership skills
  

Education

Bachelor's Degree Required, Master's Preferred

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

Citizens, its parent, subsidiaries, and related companies provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability or perceived disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer/Disabled/Veteran

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates. 219508