What are the responsibilities and job description for the Director, Leasing position at The Subway HR Team?
Location: Shelton
Ready for a fresh, new career? Look no further because one of the world’s most iconic brands can help you get there.
Why Join Us?
At Subway, “better” is baked into our DNA. We are a brand that believes in continued improvement … in our lives, our businesses, and our planet. From the handshake that started our very first sandwich shop to earning our position as the world’s leading restaurant brands, we’ve always embraced change and the path ahead. And today, we're making better living way easier.
Our purpose is about more than the food we serve in our restaurants. It’s centered on fueling healthy businesses and healthier lives. It is one of the most exciting times to join the Subway team and contribute to our transformational journey.
About the Role:
The Director of Leasing will lead a small, dedicated team that oversees all aspects of the Brand’s leasehold portfolio globally (w/60 % of the footprint in North America) in assisting our franchisee real estate development and lease management process to create maximum value for the restaurant owner while managing risk for both the franchisee and Brand.
Will implement process improvement initiatives within the leasing department and communicate changes to other departments as needed. Oversees large landlord and institutional landlord leasing. Oversight of approval for international leasing. Supervise and mentor all Leasing Reps and administration support personnel both directly and indirectly. Responsible for the oversight and weekly reporting of deals.
Responsibilities include but are not limited to:
- Responsible for the oversight of 4 Reps per quad and the negotiation of 40 - 50 new leases and lease amendments per month by each Rep. Oversight lease negotiation and communication with Landlords, developers, franchisees, and attorneys.
- Review completed documents for accuracy and approval for processing and execution by an SRE, LLC Officer.
- Supervise, coach and mentor staff on best leasing practices. Hire and on-boarding as needed.
- Reporting, Implementation of processes, and tracking.
Qualifications:
- Bachelors Required in Finance, Accounting or Real Estate.
- 10 years of experience in real estate and leasing portfolio management.
- 10 years of experience in QSR or Fast-Casual restaurant operations, real estate/leasing or other relevant area of the industry.
- 10 of more years of proven experience in Real Estate with 10 years’ experience in lease negotiations, corporate new site development, asset management, and property management etc.
- 3-5 Some level of experience managing direct and/or oversight for indirect reports
- 3-5 years Successful track record of at least 5 years managing others.
- Travel 30%.
- Must be a creative analytical thinker and thrive in a fast-paced environment, prioritize, and oversee multiple simultaneous projects, and work well with cross functional teams.
- Track record of managing within a complex franchise environment with 1,000’sof franchisees.
- Ability to simplify complex situations and subjects into easy-to-understand concepts and action items.
- International experience a plus!
- Deep engagement competency and ability to work with multiple, disparate stakeholders to achieve the best outcome that balances both the needs of the franchise community and the franchisor.
- Ability to drive business objectives while mentoring and coaching team members.
- Understanding lease Negotiations.
- Proven experience in Lease Administration, including lease renewals, expirations, store closures, and relocations.
- Legal training with a strong understanding of contracts and lease agreements.
- Experience in strategic planning and new site selection is a plus.
- Solid financial acumen with the ability to analyze and interpret financial data.
- Excellent interpersonal and communication skills, with a collaborative approach to cross-functional teamwork.
- Familiarity with construction processes is a plus.
- Demonstrated leadership and team management capabilities.
- Proficiency in Microsoft Excel and/or database management at an intermediate to advanced level.
What do we Offer?
- Insurance Plans
- RSP
- Competitive Bonus
- Mobility Allowance
- Tuition Reimbursement
- Company Holidays
- Volunteering time
- Many More…..
Actual pay is determined based on a number of job-related factors including skills, education, training, credentials, qualifications, scope and complexity of role responsibilities, geographic location, performance, and working conditions.