Global Real Estate Manager (Finance)

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.

Role/ Department: Global Real Estate Manager/Corporate Real Estate

Responsible for managing the global real estate function, comprising transaction management, lease administration, portfolio management, go to market strategies and execution, governance and oversight, and also a shared service function.

Role is responsible for managing small team of 6 direct reports and the role reports into the global head of real estate, project management and workplace strategy. Portfolio comprises over 4MM sq ft of real estate across 20+ countries, predominantly commercial office portfolio. campaigns and programs.

The key responsibilities of the role include:
• Manages the global real estate function. Conducts the performance management process, identifies training development needs, and establishes performance standards for the unit.
• Oversees the process of acquiring/disposing of real property assets, includes hiring market consultants, attorneys, environmental consultants, etc. Oversees the real estate transaction management process.
• Accountable for Business unit liaison and development of a specific city's real estate strategy and working with regional real estate manager who are responsible for delivering on the strategies.
• Oversees lease administration function.
• Responsible for creating strong business case for strategies and individual transactions.
• Responsible for the vendor management of outsourced brokerage, and lease administration vendor
• Developing go to market strategies with business leaders for strategic direction of business function activities.
• Accountable and responsible for oversight and governance of the function including risk mitigation strategies.
• Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
• Responsible for inclusion of internal stakeholders such as internal clients, SMES in facilities management, finance and project management to align on recommended outcomes.
• Providing ongoing real estate expertise support during the term of lease arrangement to support local workplace service managers in property management activity
• Providing reporting and compliance supporting internal audit and governance

Skills/ Qualifications:
• A College or University degree and/or relevant proven work experience in real estate development or property management is required. Minimum 10 years' experience required in corporate real estate within the office sector.
• Excellent oral and written communication skills are required.
• In-depth real estate industry and property management knowledge is required. Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise
• Highly flexible and adaptable to change.
• Organizational skills with a demonstrated ability to plan own activities, the activities of others and prioritizing work appropriately with minimal guidance
• Knowledge of laws and regulations related to the real estate industry is required to acquire and dispose of real property assets.
• Knowledge of financial and budget accounting required to ensure project budgets are met. Negotiation and analytical skills are required to negotiate contracts.
• Knowledge of business strategy development is necessary to provide long term planning and to manage the profitability/performance of a major business segment. Leadership and organizational skills are required to direct the activities for the multiple units.
• Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity.
• Seasoned leader with extensive business experience, and broad functional expertise, with focus on proactive strategic leadership

Working Model: Hybrid (#LI-Hybrid)
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Salary Range:
$137,400 - 240,400 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .

We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.