Senior Legal Role - Real Estate Monetization

This role is responsible for managing the total administration of a Depot with the objective of adequate and timely supply of the good to the market.

TYPICAL ROLE REQUIREMENTS - 

Qualification: - Graduate /Post Graduation in commerce, management,engineering and architecture related fields

Experience: - 8 - 12 years experience in a real estate role

- Experienced in various models of real estate transactions, strategy development and commercial analysis for real estate transactions

Knowledge & skills: 

- High level of professionalism, integrity and commitment

- Knowledge and Experience in dealing with matters related to optimizationof real estate portfolio of a large organisation

- Knowledge on contract management, legal aspects and financial parameters related to Real Estate Assets

Best suited for someone who

- Can resolve complex issues in creative and effective ways

- Has a strong commercial focus

- Has a practical approach to getting things done

- Can juggle multiple high priority tasks simultaneously and flawlessly

- Has strong ability to influence key stakeholders

- Can explain complex real estate issues in a layman term

AREAS OF RESPONSIBILITY

1. Asset optimisation strategy and plans

- Review the real asset portfolio of USL at predetermined periods and identify non core assets in consultation with functional groups.

- Study best practices and opportunities for managing non core assets

- Prepare long term plans for each property taking into account regulatory, labour and any other local constraints.

- Align all business groups to the long term asset optimisation strategy

- Prepare a plan for resources required to execute the long term plans. Carry out a budgeting exercise for the required resources

2. Expedite transactions process with help from service providers - Be an inspirational real estate leader to direct reports and also act as a great coach and support to all service providers and also cross-functionally in raising the capabilities and awareness of USL's team for efficient real estate management

- Minimise legal risk for USL in the areas of Anti-Bribery and Corruption and anti-trust using strong knowledge of these fast-evolving areas

- Develop processes, formats and checklists for transactions to standardise ways of working with property consultants 

- Develop activity networks and monitor these closely to meet overall targets

3. Bring paperwork/title for properties to 'go to market' stage 

- Organise title search and due diligence reports on properties as a prework 

- Prepare and execute mitigation plans for identified gaps in title with help from legal, finance and company secretary teams

- Carry out/organise realistic valuations of properties

- Prepare business cases for various sceanarios of real estate transactions and make suitable recommendations

- Coordinate various approvals for the business proposals as per SOA

- Estimate financial and time related risks to the plans and prepare plan B etc

- Maintain all critical data/records / information systematically for future reference/audit purposes

4. Financial Responsibilities 

- Deliver on OP targets

- Manage overheads as per budget