Manager, Property Acquisition and Disposal Management

Manager, Property Acquisition and Disposal Management

Apply locations HLT-Hong Leong Tower time type Full time posted on Posted 5 Days Ago job requisition id JR0000019405

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The Acquisition and Disposal Management Manager’s key responsibilities are to acquire new properties and dispose of existing or foreclosure properties as aligned to Board and Management policies and governance, Standard Operating Procedures (SOP), regulatory bodies and appropriate authorities. The successful candidate will report to Senior Manager, Branch Real Estate (BRE).

Job Responsibilities

• Support in the execution of real estate strategies, not limited to portfolios;
• Partner with business units to decisively identify strategic key locations for the Bank’s franchise expansion/consolidation, and ensure periodic updates of acquisition and disposal progress.
• Keep abreast of the market trends in property industry landscapes, perform market research, mapping and analysis studies to support the Bank’s properties footprints movement/developments planning as well conduct presentation/recommendations of land acquisition proposals including financial modeling to facilitate investment strategies of the Bank’s property business.
• Support in sales/purchase contracts negotiations and dealing with solicitors to ensure the required agreements in facilitating the disposal, acquisition, and foreclosure activities are appropriately executed.
• Execute strategies in assets acquisition and disposal from cradle to grave including valuation exercise and actively collaborate with the Project Team in any asset repositioning, fit-out, yielding-up, and enhancement from a contract lease/tenancy management perspective.
• Assist in drafting contract negotiations, conduct due diligence on properties to be acquired, vendors, buyers, sellers, and resolve the title notes on property ownership and legal documentation.
• Deliver effective landlords/tenants, buyer/seller, agents, government liaisons, solicitors (internal and external) engagement to ensure the Bank’s interests are protected and ensure the best practice of records keeping i.e. all salient documents, titles, deeds, contracts, agreements, approvals of ongoing/past property transactions for audit exercise purposes.

Job Requirements

• Malaysian citizen.
• Degree/Master Holder in Business/Finance/Real Estate/Asset Management or equivalent.
• 3 years and above experience involvement in property acquisition and disposal management. Working within the property industry will be given preference.
• Proficient in English (written and spoken) and Microsoft Office applications (Word, Excel, PowerPoint).
• Willing to travel throughout Malaysia to locations as directed, branches and centers.

Special skills

• Good knowledge of contracts, building by-laws, safety and technical policies as well sustainable green building requirements.
• Strong competency in managing a large pool of vendors, problem-solving skills and hardworking with the ability to work independently.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.

Realise your full potential at Hong Leong Bank by applying now.

About Us

Hong Leong Bank (“HLB”) stands proudly as a leading financial services institution based in Malaysia, providing a wide range of comprehensive and innovative financial solutions across the region. These services are delivered through both digital and traditional means, via online and mobile banking, as well as our digital branch concept to provide customers with an efficient and seamless experience aided by technology.

As the service and financial landscape changes rapidly with the ever-increasing use of technology, staying attuned to customers needs and desires becomes even more critical to HLB’s operations. To stay ahead of these dynamic changes, the Bank has adopted the approach of reimagining banking by embedding digital considerations and customer centricity in every aspect of our operations, from products and services as well as customer care and engagement.

HLB’s ethos of being Digital-At-The-Core powered by customers-at-the-forefront will continue to lead us to innovate offerings in line with our aspiration of being a highly digital and innovative financial services organization.