Senior Specialist-Real Estate
IDFC FIRST Bank — Mumbai, MUMBAI
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Job Description
Job Requirements About the Role
The Senior Specialist – Real Estate will be responsible for identifying and acquiring properties for bank branches and offices across India. The role involves strategic space management, deal structuring, stakeholder coordination, and ensuring compliance with legal and internal standards. The incumbent will play a key role in optimizing real estate investments and supporting business operations through effective property management.
Key Responsibilities
Primary Responsibilities
- Identify suitable properties for bank branches and offices across Pan India.
- Optimize space utilization and ensure alignment with business requirements.
- Structure real estate deals in the best interest of the bank.
- Ensure commercial terms are in line with the prevailing micro-market conditions.
- Coordinate with internal and external stakeholders for approvals and consents.
- Ensure all documentation is completed in accordance with the bank’s legal guidelines.
- Adhere to Standard Operating Procedures (SOPs) and maintain compliance.
- Conduct financial analysis and feasibility studies for real estate projects.
- Visit properties to assess condition and recommend alterations or maintenance.
- Maintain accurate and complete documentation for all real estate transactions.
- Build and manage strong relationships with landlords and negotiate favorable contracts.
- Support administrative and field staff to enhance operational performance.
- Collaborate with legal teams to address real estate-related legal matters.
- Ensure compliance with all real estate service regulations.
- Provide necessary materials and services to business/support units for smooth operations.
- Foster a collaborative work environment that encourages shared learning and ownership.
Secondary Responsibilities
- Address landlord queries related to payments, TDS, GST, and maintenance.
- Manage stressed assets effectively.
- Coordinate with the design team to optimize layout designs based on site conditions and business needs.
What We Are Looking For
Education
- Graduation in B.Tech
- Post Graduation in M.Tech
Experience
- Minimum 4 years of experience in real estate acquisition, property management, and deal structuring.
- Experience in handling legal documentation and compliance in real estate.
- Familiarity with micro-market analysis and commercial negotiations.
Skills and Attributes
- Strong analytical and financial modeling skills.
- Excellent negotiation and stakeholder management abilities.
- Knowledge of legal and regulatory frameworks related to real estate.
- Effective communication and interpersonal skills.
- Ability to work collaboratively across teams and departments.
- Attention to detail and commitment to compliance.
- Proactive approach to problem-solving and decision-making.
Managerial & Leadership Responsibilities
- Ensure adherence to established benchmarks and processes for finalizing commercial terms and other key parameters.
Key Success Metrics
- Timely roll-outs of real estate projects.
- Zero escalations from business units and external stakeholders.
- No Internal Audit (IA) observations.
- Effective cost control measures.
Frequently Asked Questions
What are the eligibility criteria for the Senior Specialist-Real Estate job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 5-10 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Senior Specialist-Real Estate at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Specialist-Real Estate at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 5-10 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Senior Specialist-Real Estate role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.
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