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Portfolio Manager at BGC Partners

Posted in General Business 30+ days ago.

This job brought to you by eQuest

Type: Full-Time
Location: Morristown, New Jersey

Job Description:

Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level.

Together with London-based partner Knight Frank and independently-owned offices, NKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.

Job Description:

Enhance and maximize the value of the owner's investment in real estate in the district. Plan, organize, direct and control the activities of the properties under supervision so as to optimize the utilization of all resources available. Participate in formulation of overall property objectives, policies and plans appropriate to the scope of services on each specific assignment.

Essential Job Duties:

  • Senior liaison between owner/client and property management group. Assure appropriate Newmark Knight Frank assets are applied to each property.

  • Assist in design specifications, negotiation and implementation of all vendor contracts and capital projects. Evaluate and recommend alternatives to ownership via financial, operational and qualitative impact.

  • Formulate and implement fiscal, long-term operating, and capital budgets in conjunction with owner and property management.

  • Evaluate the feasibility of new or revised systems and procedures.

  • Monitor actual vs. budgeted performance results and continually enacts plans with property managers to maintain/exceed economic targets.

  • Oversee audits to ensure compliance with established property / company standards, policies, procedures, local codes, and legal regulations.

  • Work with leasing agent (where applicable) to assure operations and capital plan support leasing program.

  • Continually develop relationships with and actively seek referral business from company units and offices. Appropriately, solicit and build additional business with existing company clients.

  • Seek ways to develop and implement outstanding service programs for clients and tenants. Participate in the development of and implementation of staff planning and management development programs to meet on-going management and professional requirements, as well as ensuring that trained, capable personnel are provided a continuous product of such programs in all levels of the region for promotional progression.

  • Initiate and authorize expenditures, appropriations and commitments and pricing strategies which are within the limitations of delegated authority and for those outside this level, recommend appropriate action.

  • Develop policies to ensure that information requirements of each property are met accurately in a timely manner.

  • Supervise the operations of office building managers and staff to ensure that the administration, maintenance, repair, renovation and construction personnel and financial activities are within company guidelines as well as clients' needs.

  • Monitor Newmark Knight Frank compliance with the terms of the Management Agreement.

  • May perform other duties as assigned

Other Job Functions:

  • Prepare and conduct the performance review and make salary recommendations for all direct reports. As appropriate, review and approve staff performance reports.

  • Maintain familiarity with market conditions and competitive properties in order to make informed recommendations.

  • As appropriate, report to senior management on all aspects for the building operations through daily communications, reports, and staff visits. Communicate information regarding the building operations by fax, daily telephone communications and in writing as deemed appropriate, and in accordance with company policy

Skills, Education and Experience:

  • Bachelor's Degree in Business Administration or a real estate related field

  • CPM and/or RPA designation

  • Minimum 10 years previous experience in property management\

  • Senior management experience with a management firm, owner or developer of "Class A" property preferred

  • Human relations skills in addition to good written and verbal communication skills

  • Negotiating and communication skills, ability to perceive problems and react quickly to effect solutions with integrity

  • Broker or salesman license as required for property management in the state where transacting business

Benefits and Perks:

  • Industry leading Parental Leave Policy (up to 16 weeks)

  • Generous healthcare

  • Bright Horizons back-up care program

  • Generous paid time off

  • Education reimbursement

  • Referral Program

  • Opportunities to network and connect

Benefits/perks listed may vary depending on the nature of your employment with Newmark Knight Frank and the job location.

Working Conditions: Normal working conditions with the absence of disagreeable elements

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark Knight Frank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.