Real Estate Portfolio Mgr, Sr

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

The Real Estate Portfolio Lead is responsible for managing and optimizing the Bank's real estate portfolio through asset management, transaction execution, financial analysis, and strategic planning. This role leads lease, acquisition, disposition, and portfolio initiatives while providing oversight of lease administration, lease accounting, and third-party service providers. The position partners closely with Facilities, Design & Construction, Legal, Finance, and business leaders to maximize portfolio performance, manage risk, and support the Bank's long-term real estate strategy.

Salary Range

The salary range for this position is $81,700/yr - $165,100/yr plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Duties and Responsibilities:

• Manage the Bank's leased and owned real estate portfolio.
• Monitor portfolio performance, lease obligations, operating costs, occupancy metrics, and market conditions.
• Track critical lease, property, and ownership dates and develop recommendations to support portfolio optimization.
• Manage relationships with landlords, tenants, brokers, governmental agencies, and external stakeholders.
• Oversee lease administration and lease accounting functions to ensure data accuracy, compliance, audit readiness, and effective reporting.
• Portfolio space management activities, including occupancy planning, utilization analysis, and workplace optimization initiatives.
• Manage property tax assessments and appeals in partnership with third-party consultants and internal stakeholders.
• Support management and disposition of OREO and other held-for-sale assets.
• Oversee property-related matters, including easements, encroachments, access agreements, deed restrictions, and other real estate rights and obligations.

• Lead lease, renewal, relocation, acquisition, disposition, and development transactions across the portfolio.
• Develop transaction strategies and buy-versus-lease analyses to support business and financial objectives.
• Coordinate due diligence, internal approvals, entitlements, and transaction documentation.
• Manage brokers, attorneys, appraisers, consultants, and other external service providers throughout transaction execution.
• Represent the Bank in negotiations…