Junior Portfolio Analyst, Global Corporate Real Estate

Pearson ,
London, Greater London
Job Type: Full-time

Overview

Junior Portfolio Analyst, Global Corporate Real Estate Description About the Company Pearson is a global education company that helps people around the world to make progress in their lives through learning. With a rich heritage that combines 150 years of experience in publishing with the latest learning technology and digital services, we help people to learn whatever, wherever and however they choose. Our strength comes from our outstanding people; our strong relationships in the education world; our expertise in using technology to help people learn; our global footprint and local reach; and our position as a profitable, global company with a unifying sense of purpose. Pearson organises itself into Lines of Business, Geographies, and Enabling Functions and operates in a highly matrixed way. The Geographical markets are comprised of; North America, Core ((UK, Italy, Australia, Asia (exc. China), Asia and Africa (exc. South Africa)) and Growth (India, Greater China, Brazil, Hispano America, South Africa and Middle East). About the Group The Corporate Property group is an Enabling Function and facilitates the delivery of a more centralised, strategic real estate function within the organisation. Included within the “Property Pillar” are Portfolio Management, Global Projects and Programmes, and Global Governance, Policy and Process Optimisation. Closely aligned with the Pillar are Property/Operations teams within the Geographies who manage most of the larger corporate properties as well as some warehouses and retail locations. Lines of Business manage some corporate properties and the majority of the retail properties. Job Purpose To support the Director Real Estate Portfolio Management UK, EMEA, APAC and the Director, Real Estate Portfolio Management Americas, tracking, management, analysis and delivery of all Active Pearson Real Estate Transactions across the entirety of the portfolio. The role will involve assistance in strategic analysis in advance of upcoming critical dates and expiry dates to aid the rationalisation or expansion of the portfolio in line with business requirements. Pearson has partnered with a third-party Lease Administration provider that enables leases to be abstracted in the language of the lease to promote improved data quality and completeness and to provide more flexibility of resources when required. Part of the role will be to manage this third-party relationship and to ensure the success of the Lease Administration partner and that the lease information is synchronised with all other property data. Qualifications Key Performance Areas Functional Outputs and Associated Activities Transaction Management - Support the Global Real Estate Portfolio Management Team Become familiar and develop knowledge in real estate transactions analysis, negotiation, process and strategy Maintain and manage the departments chosen transactional management database and deliver necessary reporting requirements for PEM documentation Working primarily in a support role on acquisitions for leased and owned property on a global scale. The analyst will take on responsibility for portfolio analysis as well as low risk/low value (LVLR) transactions as instructed by direct report. Assisting to run portfolio level strategic reviews at global, regional and business unit level to identify opportunities. To run gap analysis on existing Pearson technology tools and identify areas for improvement and potential future management software solutions for the Real Estate Team across transactions, projects and lease administration. To aid the development and implementation of a global transaction management solution once chosen. This would involve acting as the system administrator and ‘gate-keeper’ for internal and external parties. To aid the portfolio directors develop and analyse the qualitative matrices in the building selection process alongside quantitative analysis of potential locations. Researching companies, landlords and potential tenants/subtenants. Gather and evaluate real estate market and property data. Onboarding of landlords and other necessary vendors as required to Pearson payment systems. Support effectiveness of third-party Lease Administration Partner Ensure Lease Administration processes/Standard Operating Procedures are up to date, being followed and produce the desired result Ensure that communication between Pearson and Third Party is unfettered Provide third-party Lease Administration partner access to all relevant systems Assist Lease Administration partner in providing routine/ad hoc reports Audit output by third-party Lease Administration Partner for accuracy and completeness. Monitor SLA’s of third-Party lease Administration partner and keep their work on track. Escalate concerns promptly to VP Governance, Policy and Process Optimisation Key Stakeholders and Relationships Director, Real Estate Portfolio Management UK, EMEA, APAC: Reports to this stakeholder - first escalation level, routine reporting Director, Real Estate Portfolio Management, Americas VP Real Estate Governance: Provide reporting on request Mgr. Property Standards and Procedures: First escalation level, routine reporting 3rd Parties & Professionals: Lease Administration Partner, other 3rd party consultants Functional Heads of P&FM: Data provision/reporting to GREAM, Projects and Programmes Regional Heads of P&FM: SOX compliance, data confirmations, Lease process Local Heads of P&FM: Data improvement, lease process Stakeholders: Global Real Estate Asset Management Summary of Competencies Qualifications ? Good education, University degree, Real Estate knowledge and Background ? Good knowledge of Microsoft operating systems, Adobe and Microsoft Office suite of products Desired Work Experience ? Lease Administration/Corporate Real Estate background a plus, Facilities Management experience acceptable ? Experience using Real Estate and Facilities Software, particularly lease administration systems a requirement: Particularly Manhattan / CenterStone ? 4-5 years work experience Desired Skills ? Strong Analytical skills - highly proficient in Excel ? Adapt procedures, proces