• Lease Administrator

    ID
    2019-7682
    Job Locations
    US-CA-San Francisco
    Category
    Administrative
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    At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here.

     

    Incredible teams doing exceptional work, every day.
    Administrative Services and Facilities comprises several groups supporting corporate office operations for First Republic, including Facilities, Corporate Purchasing, Mail Room, Reception, and Architectural Design & Development. Our people serve our colleagues’ in-office needs in multiple regions throughout the United States.

     

     

     

    Common goals, uncommon potential

    The Lease Administrator, as part of the Facilities and Administrative Services team, is responsible for managing and administering First Republic Bank’s real estate leases, reporting of portfolio key data and critical dates, maintaining the system of record, processing of rental payments and developing relationships with local property managers and landlords. This individual will work with many internal cross-functional business partners including Legal, Tax, Risk Management, Accounting and Finance. In addition, this individual will work with many external business partners such as outside legal counsel, third-party consultants and landlords.

     

    What you’ll do as a Lease Administrator:

    • Review and abstract leases, including obtaining market data/comps to perform lease classification tests
    • Review and approve monthly tenant statements including all rent, miscellaneous, CAM/Opex and true up charges
    • Own and track lease data
      • Tenant Improvement receivables
      • Lease expirations/renewal dates/option notification dates
      • CPI increases
      • Square footage of all lease spaces
    • Perform and analyze CAM lease audits and reconciliations
    • Analyze non-real estate contracts to determine if there is a lease per ASC 842
    • Act as a liaison with landlords and property managers
    • Detailed record keeping of lease files including blue ink originals, amendments, notices, etc.
    • Facilitate lease exhibit execution
    • Assist with Estoppel and SNDA (Subordination, Non-Disturbance, and Attornment) agreements
    • Manage quarterly lease team meetings
    • Act as a liaison between internal departments

     

    You could be a great fit if you have:

    • Hands-on Lease Administration experience
    • Ability to review, interpret and abstract legal real estate documents
    • Experience with database/records management
    • Attention to detail and strong interpersonal skills required
    • Proven financial, analytical and creative problem solving skills
    • Excellent oral and written communication skills
    • Understanding of lease accounting requirements a plus (ASC 842)

    Job Demands:

    • Must be able to review and analyze data reports and manuals; must be computer proficient.
    • Must be able to communicate effectively via telephone and in person.

    Own your work and your career — apply now
    Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career? If so, then come join us.

     

    We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

     


    Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.

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