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COVID-19:

The health and safety of our colleagues and candidates for employment are our highest priority. Accordingly, Citi continues to monitor the COVID-19 situation closely. We have implemented precautionary measures across our firm globally, including conducting all candidate interviews virtually on a temporary basis until further notice where needed.

Corporate Real Estate Asset Manager - Vice President-California

Job Req ID 22581604 Location(s) Fountain Valley, California Job Category Corporate Services
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Location: Los Angeles, CA

Ownership and Value Add: Portfolio Management (75%):

Oversight of outsourced facilities personnel to ensure retail facilities are Safe, Productive, Appealing, and Cost-Effective (‘SPACE’). Perform quarterly audit inspections (field + desktop) and monitor KPIs. (20%)

Oversight of outsourced facilities project management to ensure infrastructure projects are thoughtfully delivered in a timely and cost-effective manner. (10%)

Active partnership with Citi Transactions Management (TM) and Design & Construction (D&C) to sustain business continuity and deliver incredible spaces. (20%)

Strategic and holistic optimization of portfolio expenses and capital expenditure. (10%)

Serve as main-point-of-contact to landlords and property managers as it relates to all escalations and leasehold obligations. (5%)

Review and approve non-recurring leasehold charges such as CAM reconciliations, property taxes, sundry charges, etc. (5%)

Reporting and Financial Analyses (25%):

Contribute to various reporting and analyses, presentations, financial document preparation, and other ad-hoc deliveries.

Review and approve capital budgets to support strategic planning of programs and projects.

Conduct regular financial reviews of budgeted and actual expenses to identify outliers and cost-reduction opportunities.

Develop a thorough understanding of various cost pools and categorizing expenses accordingly.

Client-Obsession:

Serve as key business liaison for all real estate activities within the assigned region. This involves frequent interaction with non-CRS stakeholders: retail branch leadership, network strategies, internal security, legal, etc.

Perform periodic site visits to ensure facilities are being properly maintained and client needs are being met. Some travel will be required.

Exhibit think-like-the-client mentality to proactively and effectively manage needs and exceed expectations.

Leadership:

Be a team player that leads by example via integrity, empathy, and work ethic.

Take pride and ownership in what you do no matter who notices.

Maintain an uncompromising high standard and continually enhance best practices.

Prioritize tasks effectively and delegate appropriately.

Continue learning and perfecting your craft.  

Deliver results timely and consistently.


Qualifications:

  • 6-10 years relevant experience
  • Comprehensive knowledge and expertise of building systems
  • Broad knowledge and understanding of real estate disciplines (architecture, construction, space planning, and engineering, etc.)
  • Comprehensive knowledge of and understanding of Finance principles in order to manage the P&L of the assets.
  • Knowledgeable of real estate law and related documents (contracts, deeds) coupled with the ability to apply them to complex business situations.
  • Assessment, planning and work organisation skills


Education:

  • Bachelors degree, potentially Masters degree


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Corporate Services

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Job Family:

Facilities Management

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Time Type:

Full time

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Primary Location:

Fountain Valley California United States

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Primary Location Salary Range:

$119,260.00 - $178,890.00

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

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