Company: 1011 United Overseas Bank Ltd
About UOB
United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.
Job Description
Role Purpose
The Leasing & Transaction Management Manager is responsible for the end-to-end management of UOB's real estate transactions across the regional portfolio, including office, branch, retail, operations, and special-use facilities. The role ensures that real estate decisions are aligned with business requirements, financial objectives, workplace strategies, and corporate governance standards.
The incumbent will lead lease negotiations, renewals, acquisitions, disposals, consolidations, and workplace transformation projects while partnering closely with business units, Finance, Legal, Procurement, and external landlords and consultants.
Key Responsibilities
Real Estate Transaction Management
- Manage end-to-end real estate transactions including:
- New leases
- Lease renewals
- Rent reviews
- Expansions and contractions
- Acquisitions and disposals
- Early terminations and exit strategies
- Develop transaction strategies that support UOB's business growth and workplace objectives.
- Conduct market assessments and benchmarking to identify opportunities for portfolio optimization and cost savings.
- Prepare business cases and recommendations for management approval.
Leasing & Commercial Negotiations
- Lead negotiations with landlords, developers, property owners, and agents to secure favorable commercial outcomes.
- Negotiate:
- Rental rates
- Incentives and rent-free periods
- Capital contributions
- Lease terms and conditions
- Renewal and extension options
- Ensure contractual commitments align with UOB's operational and financial requirements.
Stakeholder Management
- Partner with senior business leaders to understand evolving business requirements and translate them into real estate solutions.
- Act as the primary real estate advisor for assigned business divisions.
- Collaborate with:
- Finance
- Legal
- Procurement
- Risk Management
- Technology
- Project Management teams
Financial & Commercial Management
- Develop financial analysis, lease evaluations, and transaction models.
- Prepare:
- Net Present Value (NPV) assessments
- Cost-benefit analyses
- Occupancy cost forecasts
- Annual Budget submissions
- Track transaction savings and portfolio performance metrics.
Governance, Risk & Compliance
- Ensure all transactions comply with UOB policies, regulatory requirements, and delegated approval authorities.
- Manage lease documentation and contractual obligations.
- Support audit requirements and maintain proper transaction records.
- Identify and mitigate transactional and contractual risks.
Market Intelligence
- Monitor market trends, emerging workplace strategies, and real estate developments.
- Maintain relationships with key landlords, consultants, and industry partners.
- Provide market insights and recommendations to management.
Success Measures
The successful candidate will be expected to deliver:
- Occupancy cost optimization and savings targets.
- Effective lease renewals and transaction outcomes.
- Timely execution of strategic real estate initiatives.
- Reduced portfolio risk and contractual exposure.
- Enhanced stakeholder satisfaction.
- Improved space utilization and workplace efficiency.
Qualifications
- Degree in Real Estate, Estate Management, Business, Finance, Facilities Management, or a related discipline.
- Professional qualifications from RICS, MIV, SIOR, CoreNet Global, or equivalent will be advantageous.
Experience
- 8 to 12+ years of relevant experience managing complex real estate transactions across multiple locations and stakeholder groups.
Experience in the following areas would be advantageous:
- Corporate occupier real estate
- Banking or financial services environment
- Commercial office leasing
- Retail and branch network strategy
- Regional portfolio management
- Workplace transformation programs
Key Competencies
Technical Competencies
- Lease negotiation
- Transaction management
- Portfolio planning
- Real estate financial modelling
- Market analysis
- Contract management
- Space strategy
Leadership Competencies
- Strategic thinking
- Business partnering
- Stakeholder engagement
- Commercial acumen
- Influencing and negotiation
- Problem solving
- Project management
Personal Attributes
- Highly analytical and commercially focused.
- Strong negotiation and communication skills.
- Able to influence senior stakeholders and drive decisions.
- Comfortable operating in a fast-paced and evolving environment.
- Strong attention to detail with a governance mindset.
Additional Requirements
Be a Part of the 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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