What are the responsibilities and job description for the Real Estate Specialist - Texas Health Resources position at Texas Health?
Real Estate Specialist - Texas Health Resources
Bring your passion to Texas Health so we are Better Together
Work location: Hybrid: Minimum of 1 -2 days per week in office: at 612 E. Lamar Blvd, Arlington, Texas 76011
Work hours: Monday – Friday from 8am to 5pm
Department highlights:
- Collaborative team environment
- Terrific work/life balance
- Opportunities to learn and grow professionally
What You Will Do:
Transaction Ownership & Contract Oversight
. Serve as the transaction owner for all assigned real estate lease, vendor, and related contractual agreements from initiation through execution, implementation, reporting, and ongoing administration.
. Evaluate transaction requests to ensure alignment with existing agreements, organizational objectives, THR policies and procedures, STARK Law, and other applicable regulatory requirements.
. Review, validate, and approve business terms, contractual requirements, supporting documentation, and transaction details prior to contract drafting and routing through the Contract Lifecycle Management (CLM) process.
. Identify, assess, and mitigate contractual, operational, regulatory, and financial risks associated with proposed transactions and escalate issues requiring leadership review. 30%
Partner with Contract Lifecycle Management (CLM)
. Provide direction and requirements to the CLM team regarding transaction structure, approved business terms, contract revisions, and supporting documentation.
. Partner with CLM throughout the contract lifecycle to ensure agreements accurately reflect approved transaction terms, stakeholder requirements, and compliance standards.
. Maintain ownership and accountability for transaction accuracy, completeness, risk management, and business outcomes while the CLM team effectively monitors contract workflow, routing, execution, and repository management. 20%
Compliance & Risk Management
. Ensure all agreements support compliance with STARK Law, organizational policies, Delegations of Authority, insurance requirements, and other applicable regulatory and operational standards.
. Review certificates of insurance, confidentiality agreements, verification documentation, approval records, and other supporting materials required to satisfy compliance and risk management requirements.
. Monitor lease expirations, renewal options, termination rights, holdover provisions, and other critical contractual dates to ensure ongoing compliance and minimize organizational risk. 10%
Financial Reporting & Contract Administration
. Maintain the integrity of lease, contract, and transaction data to support accurate financial, operational, statistical, and compliance reporting.
. Perform post-execution contract administration activities, including validation of agreement data, reporting updates, and communication of contractual obligations to Accounting, Finance, Risk Management, and other internal stakeholders.
. Develop and maintain departmental reporting and tracking tools to monitor contract performance, obligations, critical dates, and portfolio activity. 10%
Capital Project Governance
. Manage Real Estate capital requests and project submissions within eBuilder/Trimble Unity to ensure compliance with Authority Matrix and Delegations of Authority requirements.
. Review capital project documentation, contractual requirements, approvals, and supporting information to ensure organizational risks are identified and mitigated prior to approval. 10%
Stakeholder Management
. Serve as the primary liaison among Real Estate Managers, Directors, Finance, Risk Management, Legal, CLM, and operational stakeholders regarding contractual obligations, transaction status, compliance requirements, and risk mitigation activities.
. Provide guidance and recommendations regarding contract interpretation, transaction structure, compliance requirements, and approval readiness 10%
Department Support
. Support Real Estate Operations leadership through special projects, audits, reporting initiatives, process improvements, and other related duties as assigned. 10%
Salary : $1,000 - $1,000,000