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.
What this job involves:
Manage RE Portfolio across the APAC region:
The position will be part of the team that manages the real estate portfolio of leading clients. 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.
Paradigm 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
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.
- Cost optimization opportunity assessment in view of business strategies and operations.
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.
Teamwork:
The role will require a large amount of coordination with the different teams within JLL as well as working with the different teams of the client to coordinate and deliver together. It will also at times, leading and leveraging JLL India’s 3X platforms to deliver client’s requirements with the other members of the larger JLL platform that services the client.
Research and Analytics:
You will also focus on related goals aimed at improving the overall approach in financial reporting and market analysis, by conceptualizing best-in-class frameworks and analytics for the client. This will include, though not limited to, the following:
Provide portfolio optimization strategies to the client.
Update the client on the real estate market (e.g. supply-demand) changes impacting its portfolio.
Highlight real estate benchmarking data/analysis that could impact the risk profile of the client.
Client and Competitor Intelligence
Periodically as part of the reporting carried out for the client, you will be expected to leverage off the JLL system to educate the client on the latest information regarding the client’s competitors as well as the new and recent trends in the real estate industry.
Winning our clients’ trust
As one of the regional coordinators, you’ll be working frequently with clients, so you’ll need to build strong relationships with them. Likewise, you’ll need to be proactive and engaging; and make sure that the clients’ expectations are met each and every time. You will also be the go-to person for any reporting-related concerns.
Sound like you? To apply you need to be:
Being Analytical
Along with portfolio management, the role will have the responsibility of incorporating Strategic thought processes that are vital in processing and analyzing data in order to reach key conclusions
This will include, though not limited to, the following:
Analyze and implement the use of technology and automation for portfolio performance.
Proactively engage with various client teams for risk mitigation & resolution of operational & strategic issues.
Key Skills
Transaction Management
Portfolio Strategy
Advanced Financial Literacy and Analysis
Presentation and report deliverable development (PowerPoint, etc)
Meticulous
You must pay attention to detail and have excellent problem-solving skills, well organised, ability to prioritize work within tight operational and financial deadline. We are the delivery arm for the client, and they depend on us ensuring we are infallible.
Qualifications
You will require to have a post graduate degree in Real Estate with at least 4 years of work experience While real estate portfolio/transaction management exposure is preferred, it is the ability and experience in establishing deep client connect / relationship management and proven ability to deliver regular out-of-the box solutions is an essential skill requirement for this role. Fluency in spoken and written English is essential.
An eye for detail, and emotional intelligence to personality-manage clients in different cultures and geographies will be a differentiator for this role. High Proficiency in MS excel skills with grip on financial variables for developing a business paper, and an ability to appropriately articulate messaging along with conflict resolution with multiple real estate stakeholders, are necessary capability requirements.
What we can do for you:
At JLL, we make sure that you become the best version of yourself by helping you realise your full potential in an entrepreneurial and inclusive work environment. We will empower your ambitions through our dedicated Total Rewards Program, competitive pay and benefits package.
Apply today!
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below. We’re interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.
About JLL –
We’re JLL—a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That’s why we’re committed to our purpose to shape the future of real estate for a better world. We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.
Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.
Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.
