Job Summary

In this Director role, you will be accountable for the management and oversight of Corporate Real Estate's (CRE) retail transactions in partnership with RBC's Global Transaction Partner.

You will assist Physical Network Strategy (PNS), Regional Leads, Integrated Program Director (IPD) and Project Delivery teams to evaluate and execute real estate transactions that enable the business, control costs and mitigate risk. The role also supports PNS by developing locational parameters and strategy, space requirements, identifying suitable alternatives, recommending appropriate occupancy solutions, and negotiating lease and ownership terms on their behalf.

Job Description

What is the opportunity?

In this Director role, you will be accountable for the management and oversight of Corporate Real Estate's (CRE) retail transactions in partnership with RBC's Global Transaction Partner.

You will assist Physical Network Strategy (PNS), Regional Leads, Integrated Program Director (IPD) and Project Delivery teams to evaluate and execute real estate transactions that enable the business, control costs and mitigate risk. The role also supports PNS by developing locational parameters and strategy, space requirements, identifying suitable alternatives, recommending appropriate occupancy solutions, and negotiating lease and ownership terms on their behalf.

What will you do?

Work with Physical Network Strategy (PNS), Regional Leads, Integrated Program Director (IPD) and Project Delivery to :

• Provide subject matter expertise to business partners and CRE leaders as it relates to transaction management concerns, such as landlord issues, lease interpretation, forced relocations, early terminations, etc.
• Develop and execute portfolio wide and / or individual site real estate strategies and transactions that support our core business, capital plans, and objectives (e.g. expansion, consolidation, renovations, optimization, and transformation projects).
• Assist business with annual occupancy cost budgeting and variance analysis to ensure financial goals are met and risks are mitigated.
• Assist and / or oversee where necessary, collecting client requirements, obtaining market data, reviewing market reports, approving regional real estate broker partners, assist in creating requests for proposals (RFP's), review active offers in the form of letters of intent, renewal letters, leases, purchase and sale agreements, and other typical industry documentation, and assist in the preparation of approval packages for senior management.
• Interact with internal and external Corporate Real Estate partners (e.g. finance, tax, legal, design, construction & project delivery, portfolio administration, facility management, operations, and leasing documentation).
• Asset management of RBC's owned portfolio and the coordination of the disposition of assets where appropriate (valuations, business cases, listings & negotiations).

Work with Transaction Partner to :

What do you need to succeed?

Must-haves :

Nice-to-have

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Also :

Job Skills

Conceptual Thinking, Cost Analysis, Critical Thinking, Decision Making, Long Term Planning, Real Estate Closings, Real Estate Market Analysis, Real Estate Practice, Time Management