Head of Real Estate Strategy, Solution and Transaction Management, Technology & Operations

Business Function

Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels. In Corporate Real Estate Strategy and Administration (CRESA), we managed the Bank Portfolio and delivered the best Real Estate solution for both our customer and employee.

Key Accountabilities

• To be responsible to create Real Estate Strategic and Solutions for HKG via portfolio management in both office and retail
• To drive real-estate business cases that cover lease renewal/restructuring / new lease acquisition for relocation of the bank’s premises.
• To maintain strategic partnership with Retail Banking Team by enforcing closer interactions with them and coordination among CRESA teams through retail council
• To collaborate with portfolio demand management and portfolio data analytics peers to maintain optimum lease and occupancy costs for the bank’s footprint.
• To manage and partner with bank’s dedicated real estate service providers in implementing key leasing strategies and solutions that bring optimal value to the bank’s portfolio of business premises
• To collect and analysis market data and provide long term real estate strategy to the bank to optimize the best footprint and real estate cost
• To manage portfolio of each Business unit in both long term and short term, define real estate strategy and solution
  
  

Responsibilities

Processing office leasing matters, surplus property disposal, and portfolio data management.

• Devise long term occupancy plan, taking into account the effect from headcount projection, business needs, business adjacency/workflow, to achieve an overall cost saving on occupancy for the bank
• Act as the Service Delivery Manager to ensure the outsource partner delivers the real estate service at expected service level
• Manage office / retail leases, including acquisition, renewal and surrender, aim to ensure in line with business needs and strategies
• Review periodically on the property asset owned by the bank, devise suitable asset management plan, aiming at maximizing the value of the asset
• Develop the long-term real estate strategy and solution to meet the Bank’s occupancy needs
• Devise financial model and P&L analysis to justify the proposal to management
• With support from CRESA Finance, formulate financial model and P&L analysis in the justification of the real estate proposals to the management
• Review lease management as well as CRESA’s operational needs and improve current process and procedures to meet the changing business environment and requirements of the Bank
• Ensure that the SLA is effective to drive service delivery performance of the dedicated service provider.
  
  

Requirements

• Degree holder in Real Estate and Finance or other related discipline (qualified surveyor is preferred)
• Professional Qualification in Real Estate (eg. Chartered Surveyor in HKIS / RICS)
• Over 10 years experience in leasing, property transaction, portfolio management and vendor management
• Strong technical competencies in term of knowledge of the Corporate Real Estate S&P
• Strong negotiation, Lease terms analysis skills, strategic planning and communications skills
• Strong market sense in property market and have good connection with landlords
• Good knowledge on general accounting principles in order to manage the P&L of the assets and annual budgeting
• Good technical knowledge in particular related to fitting out and renovations
• Broad knowledge of other related disciplines include facilities management, building regulations, risk and control and best practice
• Good problem / issue resolution capability
• Good in powerpoint and excel worksheet
• Good written and spoken English
  
  

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Primary Location

Hong Kong-Two Harbour Square

Job

Corporate Services

Job Posting

Apr 29, 2024, 9:22:14 AM