Director, Global Real Estate - Leasing

WHAT MAKES US A GREAT PLACE TO WORK

We are proud to be consistently recognized as one of the world's best places to work, a champion of diversity and a model of social responsibility. We are currently ranked the #1 consulting firm on Glassdoor’s Best Places to Work list, and we have maintained a spot in the top four on Glassdoor's list for the last 12 years. We believe that diversity, inclusion and collaboration is key to building extraordinary teams. We hire people with exceptional talents, abilities and potential, then create an environment where you can thrive both professionally and personally. We are publicly recognized by external parties such as Fortune, Vault, Mogul, Working Mother, Glassdoor and the Human Rights Campaign for being a great place to work for diversity and inclusion, women, LGBTQ and parents.

WHO YOU WILL WORK WITH

You will, as the Director, Global Real Estate – Leasing, partner closely with the Bain executive team, office and functional leadership in the development and implementation of Bain’s Global real estate strategy. As a critical member of the Global Real Estate (“GRE”) team, which operates in a fast-moving, customer-facing environment, the Director will manage strategic aspects of Bain’s Global Real Estate Portfolio including corporate lease negotiations and renewals. This role will manage our relationships with landlords, third party real estate brokers, Bain Finance, Bain Legal and external legal counsel to ensure compliance with all lease terms and to manage lease administration matters.

WHAT YOU WILL DO

Global Leasing (70%):

• You will lead lease negotiations and execution for all global transactions through partnership with local brokers, outside counsel, GRE, Finance, and local Bain teams.
  1. Includes new leases, subleases, expansions, contractions, and renewals.
  2. You will ensure lease terms are appropriate with the current market, location, and other factors. Among other items, include consideration of:
     • Risk/exposure
     • Future flexibility, including options (expansion, contraction, cancellation, must-take), ROFRs and ROFOs
     • Rent, tax and operating expenses
     • P&L write-offs
     • Other key clauses
  3. You will establish positions with respect to legal/policy issues, for approval.
  4. You will confirm any required dilapidations/restoration cost coverage.
  5. You will partner with Bain Treasury to ensure insurance requirements.
  6. All formal documents should be saved in GRE lease administration system and key dates updated accordingly.
• You will collaborate with local brokers to obtain current market insights and activity in relevant buildings.

Lease portfolio administration (30%):

• You will proactively monitor all global leases with the aim to be looking out multiple years as space needs evolve. Leverage lease administration software and inform local office leadership of key dates to align on strategy. 
  1. Includes expirations, notices, expansions, and other lease opportunities.
  2. You will find sublease opportunities where there is under-utilized space in the portfolio.
• You will evaluate commercials for potential new sites in partnership with local leadership.
• You will manage fact base including rentable area, usable area, work seats and capital expenditure spend. Innovate with new metrics to benchmark across Bain offices and external data points.
• You will combine headcount projections, occupancy rates, lease data, and future growth assumptions to create options and strategize for future real estate needs.
• You will advise on other real estate contracts as needed (i.e. project management, architecture, construction agreements).
  
  
  
  ABOUT YOU
• Bachelor's degree required and a Master’s degree in business, law, economics or accounting is preferred; along with 10+ years of commercial real estate lease administration or lease negotiation experience.
• Demonstrated ability to negotiate contract terms in a forthright, professional, and tenacious manner for the benefit of the company is needed. 
• Working knowledge of major real estate markets is a requirement.
• Experience with lease management software is also required.
• Demonstrated capacity for gathering and scrutinizing data to identify issues, opportunities, patterns, and sustainable business solutions.
• A foundational understanding of lease accounting principles is required. 
• Proficient project planning skills, including the ability to organize, prioritize and control job responsibilities in order to meet deadlines in an environment with overlapping and potentially conflicting priorities.
• Proficient in MS Office applications, especially Word, Excel and PowerPoint
• Ability to work collaboratively and cross-functionally.
• Analytical, excellent organizational skills and strong attention to detail
• Must be willing to come into the office two (2) to three (3) days a week (hybrid)

Knowledge of SAP and/or Anaplan for capital expenditure reporting is preferred. Experience leading international transactions as well is preferred but not required. Corporate finance or accounting experience related to real estate including operating costs and capital expenditures would be very helpful in this role. Real Estate contract negotiation including Project Management, Architecture, and Construction is also preferred but not required.