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Principal Asset Management

Operations Analyst - Commercial Real Estate

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Brief description about the position:

We are looking for an Operations Analyst to join our Commercial Real Estate (CRE) Operations Teams. In this role you will be responsible for providing timely and efficient support for the regional equity team!

Responsibilities:

Review, analyze, identify and abstract terms and conditions of lease, lease-related documents and other contracts.

Review, analyze, process and monitor construction contracts, compared with terms of lease. Review and oversee the construction draw request process - note budget variances and other discrepancies to engineers and development managers.

Monitor and enforce property operational policies and procedures performed by third party property managers as they relate to regulatory, lender, client and internal requirements. Work with asset manager, senior operations manager, engineer or financial management.

Monitor and approve payment requests from third party vendors following the review and verification of substantiating documentation.

Responsible for accuracy and reconciliation of property occupancy, lease absorption and other commercial management data and reporting. Produce reports as needed and assist senior team members with client reporting needs.

Degrees/Licenses designations:

Bachelor's degree in a business-related field or equivalent

Qualifications/Special Skills:

Skills That Will Help You Stand Out

Ability to interact with various departments and levels of management

Work effectively with peers across regional teams and able to assume their responsibilities as needed during absences

Handle large volume of work and prioritize appropriately

Strong organizational skills and ability to effectively deal with a broad range of diverse real estate topics and many internal and external contacts

Self-starter with ability to work independently and with little direction

MRI, Yardi or other real estate database software knowledge helpful

Knowledge of Word, Excel and other basic programs

Minimum years of experience required:

1+ years of experience, internship included, preferably in a real estate related position

Contact: https://careers.principal.com/us/jobs/41613?lang=en-us