First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together

To generate the targeted leasing revenue from the FAB property portfolio in Dubai Emirates whilst maintaining a minimum of 95% occupancy level. Manage the relationships with the owners, owner’s representatives and landlords and ensure FM maintains the managed property portfolio in Dubai to an optimum level of condition to generate the highest level of income for the stakeholders.

Generic Accountability

Strategic Contribution

• Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

People Management

• Manage the effective achievement of assigned objectives through the leadership of the Leasing department by setting of individual objectives, managing performance, developing and motivating staff to maximize sectional performance.
• Lead the talent development initiatives for the assigned department, collaborating with technical /discipline experts and thereby ensure the availability of talent to fit business requirements.
•  Act as a role model and drive adherence to organisational values and ethics by employees of the assigned department to foster a value driven culture within the bank.
• Budget and Financial Planning
• Manage the preparation and recommend the department budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines. 

Policies, Systems, Processes & Procedures

• Manage and ensure effective implementation of Real Estate functional policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements, are fulfilled while delivering a quality, cost -effective service.  

Continuous Improvement

• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reductions.

Reporting  

• Ensure that all unit reports are prepared timely and accurately and meet FAB requirements, policies and quality standards.  

Job Specific Accountabilities

• Generate the targeted revenue from the property portfolio in Dubai in the residential sector.
• Maintain the occupancy rate of the portfolio at a minimum of 95% and a list of any vacant properties.
• Ensure that 99% of collection of rent, security deposits, and tenant assistance fees are undertaken within the agreed timeframe i.e., 60 days from the issuance of leases.
• Undertake benchmarking activities to monitor competitive activity in the property rental sector to ensure the FAB Properties’ pricing structure is aligned to market demand; recommending rental adjustments or changes in leasing strategy as required.
• Manage connection of utilities, water and electricity, and registration with Ejari & other emirates attestation systems for all new projects, existing and take-over projects, plus clearances, settlement and transfer of units.
• Take over new properties and develop appropriate leasing strategies, to ensure 100% occupancy in shortest possible timeframe.
• Undertake property valuations, as and when required, making recommendation on layout and design to maximize potential income and obtain high occupancy rate. Make recommendations to VP, PM & Leasing – Dubai & NE   on rental pricing structure, and then negotiate with landlords.
• Prepare and update rental list for website, designing promotional material for new properties as needed.
• Conduct regular site visits to ensure properties are maintained to the required quality standards.
• Act as a liaison point between landlords and owner’s representatives   and prospective tenants.
• Ensure the team deliver an engaging and unified customer experience to prospective and existing landlords/tenants.

Minimum Qualification

•  Bachelor’s degree in Arts (BA) or Sciences (BS) or another related discipline.

Minimum Experience

• Minimum of eight years’ relevant experience in the property management and leasing sector in the UAE   with at least three years in similar positions of progressively increasing managerial responsibilities in the Real Estate leasing function.