Estate Manager

First Bank PLC · Website ↗

📍 Lagos, Nigeria Full-time 🏥 Real Estate Managent
Posted 2 months ago · 46 views
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Job Description

Duties & Responsibilities

       1. Lease Management & Renewals

  • Lead and coordinate the full lifecycle of lease administration for the Bank’s nationwide portfolio of leased properties, including offices, branches, ATMs, and residential assets.
  • Proactively manage lease expirations, initiate early negotiations, and develop cost-effective renewal strategies aligned with market trends and operational needs.
  • Evaluate lease terms, rental values, and landlord obligations to secure favourable terms while maintaining positive landlord relationships and ensuring business continuity.

     

    2. Property Acquisition

  • Identify and assess strategic property acquisition opportunities in line with the Bank’s expansion goals, SRF requests, and customer access strategy.
  • Conduct detailed due diligence, including location suitability analysis, title document investigation, market valuation, physical inspection, topography, and risk assessment.

     

    3. Property Disposal

  • Drive the disposal of non-core or underutilized real estate assets, ensuring optimal returns for the Bank.
  • Conduct valuation assessments, market analysis, and stakeholder consultations to determine fair market value and appropriate disposal strategy.

     

    4. Title Documentation, Renewal & Perfection

  • Maintain oversight of the Bank’s title portfolio and drive the perfection and renewal of legal documents across all owned properties.
  • Engage with State Land Registries, Surveyor-General’s offices, and legal representatives to facilitate statutory processes (e.g., Governor’s Consent, Deed Registration, Certified True Copies).

     

    5. Statutory Payments & Government Compliance

  • Ensure timely processing and remittance of statutory obligations, including Ground Rent, Land Use Charge, Tenement Rate, Development Levy, and other taxes.
  • Review and validate demand notices from government authorities, resolve discrepancies, and negotiate assessments where necessary

     

    6. Building Plan Approval & Regularization

  • Coordinate the regularization of building plan approvals for owned and leased branches.
  • Liaise with Town Planning Authorities and State Building Control Agencies to facilitate submission and approval of architectural and structural drawings.

     

    7. Occupational Health & Safety (OHS)

  • Serve as the Bank’s Safety Officer, implementing OHS policies aligned with ISO 45001:2018 standards

     

    8. Property Surrender & Exit Management

  • Manage the surrender of properties no longer required, ensuring compliance with lease exit terms.

     

    9. Litigation Support & Witness Representation

  • Act as the Bank’s key witness in property-related disputes, providing evidence and expert testimony.

     

    10. Vetting of Valuation Reports

  • Review and validate valuation reports for HCMD Group, RCAM, and CRM departments.

Requirements

JOB REQUIREMENTS

  Education

  • Minimum education: BSc Estate Management

    Experience 

  • Minimum experience: 5 years of experience in real estate management

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