Job Details

Associate Real Estate Portfolio Manager

The Associate Real Estate Portfolio Manager will act as a team lead in the negotiation, financial evaluation, problem solving and legal research associated with Ryders Real Estate Portfolio. This is primarily an asset management role that is responsible for all real estate activities. Successful candidate must drive consistent corporate real estate objectives for the business units and perform specialized projects as assigned. Responsibilities include complex real estate financial analysis, deal negotiation, and finalizing real estate contract terms and conditions, analyze broker opinions of value (BOV) along with multiple methods of valuation as required for transactions in order to guide the organization through the decision making process. This position will provide real estate subject matter expertise to internal business customers and drive management decision making at the BU, Region, and HQ level by developing and communicating the strategy needed to successfully achieve real estate goals to manage business needs. Position is primary point of contact with Ryder Legal, Environmental, Risk, Safety, Operations, Business Development and BU Leadership to ensure all transactions follow Ryder policies and are executed in a timely manner. The position will report to the Sr Manager of Real Estate and continuously evaluate the assigned portfolio and processes related to real estate for each business segment to improve real estate deliverable and create continuous improvement and efficiencies.

Essential Functions:

• Manage real estate transactions start to finish. Source brokerage services based on qualifications needed, then collaborate with brokers to locate new properties and complete valuations. Analyze and prioritize potential real estate opportunities, then negotiate and execute transactions for assigned business units.
• Work with management team to develop and then execute diverse real estate strategies for designated assigned portfolio areas. Make time sensitive decisions to facilitate completion of real estate transactions. Lead internal cross functional team and execute changes based on discussions, through dynamic selection process, including members from Ryders legal, operations, risk, tax, environmental departments in order to complete projects successfully. Manage teams of external consultants such as architects, engineers, and brokers in evaluating real estate assets, Lead departmental teams for the selection, evaluation, and completion of real estate transactions.
• Work with the broader real estate Facility Planning and Construction team to coordinate and ensure completion of assigned portfolio projects that require construction or equipment installation.
• Evaluate assigned real estate portfolio needed improvement initiatives.
• Work with real estate management and support department on specialized portfolio projects.
• Drive portfolio process improvement projects.
• Ensure Ryder portfolio records are accurate and current in RE database.
• Ensure that all real estate transaction processes conform to Ryder internal approval controls. Comply with RCE process and Sarbanes Oxley requirements.

Additional Responsibilities:

• Evaluate the facilities in the assigned portfolio to develop short and long term strategic plans.
• Develop detailed action plans based on the business strategy as it pertains to Real Estate.
• Conduct market tests to ensure alternatives are evaluated and all economics are competitive.
• Continuously evaluate processes related to Real Estate to drive out waste.
• Performs other duties as assigned.

Skills and Abilities:

• Project management skills
• Effective negotiation skills
• Ability to exert influence on changing the status quo and exercise leadership in bringing about new directions
• Ability to create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)
• Ability to work independently and as a member of a team
• Flexibility to operate and self-driven to excel in a fast-paced environment
• Capable of multi-tasking, highly organized, with excellent time management skills
• Detailed oriented with excellent follow-up practices
• Excellent collaboration and team building skills
• Team driven character with a desire to grow through ongoing improvement

Qualifications:

• Bachelors degree required in real estate, business, finance, or related field.
• Masters degree preferred in real estate or related field.
• Five (5) years or more professional experience in commercial real estate related jobs required.

Travel: 10-20%

Job Category: Real Estate & Construction

Compensation Information: The compensation offered to a candidate may be influenced by a variety of factors, including the candidates relevant experience; education, including relevant degrees or certifications; work location; market data/ranges; internal equity; internal salary ranges; etc. The position may also be eligible to receive an annual bonus, commission, and/or long-term incentive plan based on the level and/or type. Compensation ranges for the position are below:

Pay Type: Salaried

Minimum Pay Range: $70,000

Maximum Pay Range: $90,000

Benefits Information: For all full-time positions only: Ryder offers comprehensive health and welfare benefits, to include medical, prescription, dental, vision, life insurance and disability insurance options, as well as paid time off for vacation, illness, bereavement, family and parental leave, and a tax-advantaged 401(k) retirement savings plan.

Important Note: Some positions require additional screening that may include employment and education verification; motor vehicle records check and a road test; and/or badging or background requirements of the customer to which you are assigned. Security Notice for Applicants: Ryder will only communicate with an applicant directly from a [@ryder.com] email address and will never conduct an interview online through a chat type forum, messaging app (such as WhatsApp or Telegram), or via an online questionnaire. During an interview, Ryder will never ask for any form of payment or banking details and will never solicit personal information outside of the formal submitted application through www.ryder.com/careers . Should you have any questions regarding the application process or to verify the legitimacy of an interview or Ryder representative, please contact Ryder at ...@ryder.com or 800-###-####. Current Employees: If you are a current employee at Ryder, please click here to log in to Workday to apply using the internal application process.