What are the responsibilities and job description for the Leasing Specialist position at The Subway HR Team?
Leasing Specialist – Brisbane
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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 transformational journey.
About the role:
We are searching for a Leasing Specialist to support our ANZ team.
The Leasing Specialist will review commercially ready Subway Head Leases and Franchisee Signed Leases across ANZ including the negotiation of all Subway's mandatory Special Conditions with a target goal of achieving concluded agreements to be finalised between the Parties. May involve collaborating with SMO Territory Leads, SMO Agents, Development Agents, Leasing Managers, Franchisees, and HQ staff to ensure that leases meet procedural requirements and company policies.
Responsibilities include but are not limited to:
Leasing - Subway Signed Lease & Franchisee Signed Lease (FSL)
- Read, review, and analyze leases across ANZ portfolio.
- Handle the negotiation, review and processing of all leases by reference to Company Policy including all Leasing Checklists and mandatory Subway Special Condition Lists.
- Ensure that all necessary background approvals and paperwork are documented and incorporated into all leasing files and that all deals are accurately updated in system/files.
- Prepare all agreed lease documentation for approval submission for execution by SRPL directors and attorneys.
- Support Leasing Representative/Leasing Managers/BD Leads in their renegotiating of existing leases to improve terms and increase store profitability.
- Provide monthly reporting to Leasing Representative and Leasing Director on status of leases in review/concluded.
Leasing - Drafting of Agreements (Subleasing/Sublicensing)
- Handle the drafting and preparation of all associated Subleases arising from the completion and execution of each Headlease by SRPL.
- Manage, coordinate and document the successful execution and filing by each Sublessee to ensure complete leasing records are held by SRPL.
Support Leasing Representative/Leasing Managers/BD Leads in identifying and developing potential approvals of new locations.
- Work with Development Agents, Solicitors, and Property Agents to ensure that leases meet company policies and procedures.
- Assist and answer queries from Development Agents, Franchisees, HQ Departments, Landlord’s and Franchisee’s legal representation on specific and general leasing and legal matters.
- Act as the liaison between legal representatives, property agents, banks/accountants, etc. in regards to Subway leasing requirements, including in relation to defaults or rent arrears.
Skills & Abilities:
- Bachelor degree or equivalent years of experience (Law, Commercial Property Management/Real Estate or similar related field)
- 2-6 yrs experience
- Legal or Paralegal skills, including attention to written documentation detail and drafting
- Experience in contract management, commercial leasing, insurance or similar
- Communication and negotiation skills
- High level attention to detail and comprehension ability
What benefits will I receive?
- Reimbursements of insurance plans
- Competitive bonus
- Company Holidays
- Learning & Development Benefits