Leasing Senior Manager Majid Al Futtaim UAE

Majid Al Futtaim presently has a job opening for highly qualified and experienced candidate for position of a Leasing Senior Manager. The selected candidate will be responsible for ensuring the implementation of the defined and approved leasing strategy for asset, maximizing overall leasing revenue, ensuring implementation of best practices defined by the AMBU Leasing and overseeing performance of Leasing team, and managing key tenant relationships.

Duties of Leasing Senior Manager

• Contribute to the definition of the overall strategy for the asset, with specific focus on the leasing one, ensure its current implementation and execution (together with AM and MM).
• Accountable for maximizing overall leasing revenue across the relevant portfolio.
• Leads the way by owning and driving the planning and budgeting process.
• Develop road maps and secure delivery through a clear execution strategy.
• Provide a mitigation plan to secure compliance to budget and leasing business plan when needed.
• Secure a timely closure of renewals, avoid holdovers aging and submit quarterly vacancies management plan.
• Ensure integration and utilization of pricing tools to support the decision making.
• Adopt and ensure the team is adopting the digital tools.
• Plan and manage a valuable prospects pipeline for the asset within the asset strategy.
• Drive impact by making decision efficiently, acts with urgency and fosters accountability and responsibility.
• Escalate only major issues and concerns with potential solutions and way forward to Senior Director, Leasing UAE as appropriate for timely resolution.
• Provide inputs to feasibility studies as requested including estimated rental value and potential tenant mix.
• Ensure timely implementation of department policies, procedures and controls covering all areas of the department activities, so that all activity takes place in an efficient and controlled manner.

What You’ll Do More?

• Actively contribute in developing and enhancing the leasing policies and procedures and play the role of a catalyst in reaching process excellence.
• Thinks group by proactively contributing for the benefit of MAFP beyond his/her asset.
• Create and sustain a high performing team, empowers people and build the next generation of MAFP.
• Build the capability of direct reports by providing timely feedback including annual review on performance and identify areas of improvement or reinforcement for further development.
• Build leasing capabilities in collaboration with the Senior Director, Leasing UAE.
• Ensure compliance with the MAFP SMBU’s Code of Conduct, Departmental policies and HR Policies and Procedures at all times.
• Be the advocate and ambassador of aligning and cascading the MAFP values in the assigned area of responsibility.
• Manage, the Leasing team reporting into and take full responsibility in identifying potential talent and timely supporting professional development.
• Thrive to create an honest and open work environment where individuals collaborate /support each other as a team and are passionate to achieve a common business objective.
• Build healthy relationships with stakeholders and ensure the team is following MAFP collaboration strategy.
• Develop a continuous market intelligence through internal reports and market feedback.
• Demonstrate a detailed understanding of the asset Market.
• Review along with clear differentiation points with other key assets across MAFP and other competitors.
• Develop and build long term relationships with tenants.
• Demonstrate the ability to handle all tenants’ profiles, proactively mitigate tenants’ issues and handle the escalated ones.
• Engage with key tenants to understand their challenges and collaboration opportunities.

Eligibility Requirements

The eligibility requirements for role of a Leasing Senior Manager are as under:

• Master’s degree in Business Administration or equivalent field.
• Minimum 12-15 years of progressive experience in managing all aspects of Leasing function in a highly dynamic organization.
• Retail or large Shopping Malls / major Real Estate in GCC or abroad with at least 4-8 years in a similar role.

Speciality Leasing Manager Majid Al Futtaim UAE