Leasing Officer - Mandaluyong

SM Supermalls (Shopping Center Management Corporation); Metro Manila; On-site; PHP 600,000 - 1,000,000; Full time

Job summary

SM Supermalls (Shopping Center Management Corporation) is seeking a Leasing Operations Associate to support the implementation and monitoring of strategies that maximize tenant occupancy across SM Megamall and The Podium.

The role involves negotiating leasing terms, liaising with tenants, preparing MOA/LOA, coordinating deposits, and ensuring compliance with company policies and regulatory requirements.

Qualifications

• 3 years’ experience in leasing or retail management.
• Graduate of BS/BA Degree in Management, Business Administration, Marketing or any other business-related courses.
• A related master’s degree is not required but will be an advantage.

Responsibilities

• Provide over-all support in the implementation and monitoring of strategies and projects for leasing operations that will increase, improve, and maximize tenant occupancy.
• Negotiate and establish rapport with tenants and attend to their requirements and concerns.
• Closes the deal in negotiations of leasing terms and conditions including rates, and other charge.
• Assist on the general concern on lease contracts/MOA.
• Coordinate with tenants/exhibitors to submit requirements and ask approval from Head Office for the account creation/updates.

Education

BS/BA Degree in Management

Business Administration

Marketing

Job description

Provide over-all support in the implementation and monitoring of strategies and projects for leasing operations that will increase, improve, and maximize tenant occupancy of the handled mall/s guided by organization protocols and regulatory requirements of the country

DUTIES & RESPONSIBILITIES

INCOME GENERATION

• Provide support on the implementation of the developed budget / targets covering exhibitors/short term tenants by Sourcing for prospective short-term tenants/exhibitors.
• Negotiate and establish rapport with tenants and attend to their requirements and concerns.
• Closes the deal in negotiations of leasing terms and conditions including rates, and other charge.
• Assist on the general concern on lease contracts/MOA.
• Initiate ACRF and facilitates the processing of security deposit refund for exhibitors in order to produce rental income that will help achieve financial targets through promotion and marketing of rentable space in the mall.

CONCEPTS MANAGEMENT

• Implement conceptualized concept management strategies in sourcing of new concepts that have potential for short term leasing

CREDIT & COLLECTION

• Provide support to check outstanding balance from accounting and inform/email to tenant
• Prepare security deposit roll over forms for the incoming exhibitors and have it approved to be able to know if the deposit is still intact and determine credit worthiness and reduction of credit risks.

LEASE MANAGEMENT

• Provide support on maintaining positive relationship with handled short-term tenants/exhibitors.
• Implementation of approved business propositions that will improve existing mall activities in order to maximize all venues for income generation that shall help in attaining the business income goals.
• Provide over-all coordination for lease deferment, rental concession, rental freeze, pre-termination, and Non-Renewal for short term tenants in order to achieve the occupancy plan and high-quality tenants.

LEASE ADMINISTRATION & DOCUMENTATION

• Consolidation of Signed MOA and award notice received for encoding of charges in the system.
• Coordinate with tenants/exhibitors to submit requirements and ask approval from Head Office for the account creation/updates.
• Prepare MOA/LOA for the incoming exhibitors in order to ensure compliance to contractual obligations and/or changes in company policies and procedures affecting the terms and conditions of their lease, resulting to management and tenants' business-relation satisfaction.

EXPERIENCE & EDUCATIONAL REQUIREMENTS

• With 3 years’ experience in leasing or retail management or significant exposure to the shopping center industry.

• Graduate of BS/BA Degree in Management, Business Administration, Marketing or any other business-related courses. A related master’s degree is not required but will be an advantage.

WORK LOCATION

• The Podium / SM Megamall