Senior Practitioner Lease Abstraction

Year    Chennai, Tamil Nadu, India

Job Description


Introduction
At IBM, work is more than a job - it\'s a calling: To build. To design. To code. To consult. To think along with clients and sell. To make markets. To invent. To collaborate. Not just to do something better, but to attempt things you\'ve never thought possible. To lead in this new era of technology and solve some of the world\'s most challenging problems.

Your Role and Responsibilities
As Senior Practitioner -Lease Abstraction, you will be responsible for analysing and extracting critical information from commercial real estate lease documents, abstracting lease information into a database, and ensuring the accuracy of the abstracted data. Your Key Responsibilities will include:

  • Review and analyse complex lease documents to extract critical data including lease terms, rent schedules, renewal options, and tenant and landlord obligations
  • Input lease data into a database, ensuring that it is accurate, complete and consistent with the lease document
  • Identify and resolve discrepancies in lease data between the lease document and the database
  • Communicate with clients, attorneys and leasing agents to clarify lease provisions and resolve any lease-related issues
  • Ensure timely delivery of lease abstraction reports to internal and external clients
  • Stay up-to-date with industry standards, regulations and best practices related to lease abstraction and commercial real estate leasing
Required Technical and Professional Expertise
  • Graduate with 2-4 Years of experience in lease abstraction, commercial real estate or property management
  • Strong analytical skills and attention to detail
  • Proficiency in Microsoft Excel and experience with lease management software will be preferred
  • Excellent communication skills, both written and verbal
  • Ability to work independently and manage multiple tasks and priorities in a fast-paced environment
  • Experience of working in a BPO/Shared Services environment with exposure to Global Clients
Preferred Technical and Professional Expertise
  • Knowledge of Commercial Real Estate Leases
  • Prior experience utilizing a lease database

IBM

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Job Detail

  • Job Id
    JD3081594
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year