Specialist, Corp Real Estate in Cleveland, OH at Key Bank- Corporate

Date Posted: 1/30/2018

Job Snapshot

Job Description

ABOUT THE JOB (JOB BRIEF)

This position is responsible for processing and maintaining all real estate contracts and related documents for 500+ properties within KeyCorp’s portfolio. The portfolio has an annual rental obligation and income of approximately $151 million and $8 million, respectively. The positon is accountable for timely processing, meticulously maintaining and accurately reporting all Key facility-related real estate contracts in compliance with departmental guidelines.

ESSENTIAL JOB FUNCTIONS

  • Timely and accurately processing within the portfolio administration system all existing and new real estate contracts and related documents received from team members within Corporate Real Estate Solution that include, but are not necessarily limited to the following primary functions:
    • Abstracting contracts
    • Recording, processing and maintaining all property contract charges (security deposits, improvement allowances, recurring charges, CPI adjustment calculations and one-time costs)
    • Accurately maintain critical dates
    • Preparing all contract notification letters (commencement date agreements, option notices and other such communications with landlords and tenants)
    • Coordinating and processing with legal representatives estoppel and Subordination and Non-disturbance Agreements (SNDA) requests
    • Tracking lease expirations and activities with facility managers for return of premises
    • Researching contract information as requested by other departmental employee
  • Secondary functions include the following:
    • Updating the portfolio administration system database for all:
      • property cost center updates
      • landlord and tenant address changes
      • vendor changes (includes coordinating such changes with Key’s Accounts Payable Department)
    • Processing check requests
    • Determining and archiving to Key’s off-site storage annually all expired or inactive property, tenant and billing files
    • Assisting other team members in the completion of their essential job functions, as necessary

REQUIRED QUALIFICATIONS

  • Bachelor’s Degree or equivalent industry experience
  • 1 to 3 years of commercial real estate lease administration, accounting or paralegal experience and possessing a notary designation preferred
  • Excellent written and verbal communication skills
  • Exceptional organizational and computer technology skill
  • Demonstrated ability to prioritize a high-volume workload and follow-through on activities and requests
  • Ability to work within a fast-paced team environment


ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
KeyBank has administrative services in place that help support the business. These include: Finance, Human Resources, Legal, and Marketing. KeyBank’s Corporate Center supports strategic initiatives through multiple teams which provide distinctly different, yet interrelated, disciplines for the KeyBank Leadership team and its business groups. The Corporate Center protects and enhances Key’s brand through thoughtful and deliberate messaging and responsible banking. Our proactive approach and significant expertise engage both internal and external constituents – employees, clients, shareholders, investors, regulators, legislators, community advocates – by adding value, positively influencing their perceptions, and instilling a sense of confidence in Key.

FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

JobID: 27251BR