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Senior VP/First VP, Real Estate Portfolio Strategy, Group Real Estate Services

Posting Date:  22-Feb-2023

Raffles Place, Singapore, SG

Company:  United Overseas Bank Limited

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

The Finance and Corporate Services function manages the financial and administrative needs of the Group to help achieve its business goals.


Corporate Real Estate Services

We manage and administer matters relating to real estate on behalf of the Group. These include lease management, facilities management, as well as security and general service matters.

Job Responsibilities

  • Leveraging on UOB’s real estate service provider, to work with a team of estate mangers and external brokers to manage a large and diverse regional portfolio of owned and leased assets. 
  • Responsible for developing and refining the overall end to end delivery of lease management model across the local and regional portfolio in line with UOB Real estate policy and relevant authorities
  • Act as the go to individual for all lease management transaction activities across UOB’s diverse portfolio. 
  • Develop strategic plans to deliver adequate & appropriate workspaces. Ensure market plans & business cases are documented, presented & approved.
  • Provide support to UOB business unit to develop strategic retail network distribution plan with the objective to optimize rental and real estate value.
  • Formulate and implement marketing, leasing plans and go-to market strategy for UOB lease out portfolio, this will include negotiating on rental and lease terms for new and renewal leases.
  • Work with CRES finance department on rental arrears matters, property tax and financial reconciliation work (if any)
  • Preparation of the overall annual budgetary exercise, including management of financials on rental expenses and income
  • Develop and maintain “tenant stickiness” initiatives for our current building occupants.

Job Requirements

  • Degree in Real Estate Management or related discipline and with Royal Institution of Chartered Surveyors (RICS)  or Masters of Corporate Real Estate (MCR) qualifications will be an added advantage
  • Min 15-20 years of relevant experience working for corporate landlords and/or financial institutions
  • Extensive experience in portfolio planning and strategies, real estate transactions, project and program management, facility management, asset enhancement and leasing positions
  • Possess strong stakeholder engagement skills; exposure to senior management / C-suite will be added advantage
  • Excellent spoken and written communication and presentation skills
  • Strong analytical, influence and negotiation skills

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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