Process Analyst - Lease Abstraction

Introduction
A career in IBM Consulting is rooted by long-term relationships and close collaboration with clients across the globe. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients’ businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners, and the planet. Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you’ll be encouraged to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and development opportunities in an environment that embraces your unique skills and experience.

Your Role and Responsibilities
As Senior Practitioner -Lease Abstraction, you will be responsible for analysing and extracting critical information from commercial real estate lease documents, abstracting lease information into a database, and ensuring the accuracy of the abstracted data. Your Key Responsibilities will include:

• Review and analyse complex lease documents to extract critical data including lease terms, rent schedules, renewal options, and tenant and landlord obligations
• Input lease data into a database, ensuring that it is accurate, complete and consistent with the lease document
• Identify and resolve discrepancies in lease data between the lease document and the database
• Communicate with clients, attorneys and leasing agents to clarify lease provisions and resolve any lease-related issues
• Ensure timely delivery of lease abstraction reports to internal and external clients
• Stay up-to-date with industry standards, regulations and best practices related to lease abstraction and commercial real estate leasing

Required Technical and Professional Expertise

• Graduate with 2-4 Years of experience in lease abstraction, commercial real estate or property management
• Strong analytical skills and attention to detail
• Proficiency in Microsoft Excel and experience with lease management software will be preferred
• Excellent communication skills, both written and verbal
• Ability to work independently and manage multiple tasks and priorities in a fast-paced environment
• Experience of working in a BPO/Shared Services environment with exposure to Global Clients

Preferred Technical and Professional Expertise

• Knowledge of Commercial Real Estate Leases
• Prior experience utilizing a lease database