Regional Manager, Corporate Real Estate

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The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

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The Manager, Corporate Real Estate directs corporate real estate activities within an assigned portfolio.

Supports business operations through the delivery of real estate solutions at optimal cost.

Responsibilities include:

• Negotiating of leases for the establishment, renewal, termination, subleasing, expansion, downsizing, and/or relocation of corporate offices over a geographically diverse portfolio.
• Management of all aspects of facility operations, interior design, tenant construction, furniture installation and move-in activities involving new or existing facilities, as assigned.

Requires extensive personal interaction with business unit leadership, as well as third party service providers.

• Determines office space requirements based on staffing projections and business plans.
• Oversees brokers and does market research to identify suitable office locations.
• Analyzes financial, demographic, and suitability aspects of available alternative sites.
• With assistance, prepares suitable presentation materials and presents alternatives to appropriate management staff.
• Prepares final recommendation narrative and financial analysis of alternative sites to management.
• Utilizes independent decision-making skills to negotiate lease terms, document language, and related issues to obtain the most favorable agreement available for the corporation.
• Utilizes appropriate resource personnel, including broker and legal support, as needed.
• Supports the Operational Response Team as necessary during crisis management events.
• Oversees day-to-day facilities outsourced providers
• Supports third-party facility and project management staff involved with the design, construction, and move activities, as assigned.
• Helps to manage the leasing schedule and budget process to provide optimal cost savings for the organization.
• Identifies opportunities to reduce unneeded space and manages the disposition process of same.
• Collaborates with peers in other departments such as IT, Legal, Human Resources, Security, etc. as needed to perform facility, leasing and project management responsibilities.
• Assists leadership with reporting and other projects, as assigned.
• Supports the Operational Response Team as necessary during crisis management events.
• Conducts moderately complex financial/business analysis including the preparation of financial presentations.
• Perform other duties as assigned.

• Bachelor's degree with concentration in business administration, real estate, finance or related field.
• Demonstrated ability to forecast and prepare budgets.
• General knowledge of financial terms and principles.
• Intermediate analytical skills, oral and written communication skills.

• 5 years experience in Commercial Real Estate, Facilities Management or related field.
• 2+ years experience in, or exposure to, the disciplines of Real Estate and Real Estate Law, Space Planning, or Facilities/Property Management.

• Health Insurance
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  Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
• Retirement:Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account.…