Senior Vice President - Real Estate Mgmt Group Manager

Citi Bank

5 - 10 years

Mumbai

Posted: 21/05/2025

Job Description

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they are consumers, corporations, governments, or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Citi’s Enterprise Services and Public Affairs (ESPA) aims to enhance how our stakeholders perceive and experience Citi.  We manage our reputation by engaging with our stakeholders and delivering great spaces and services to colleagues and clients.

 We’re currently looking for a high caliber professional to join our team as Senior Vice President - Real Estate Mgmt Group Manager - Hybrid based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance:

  • Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • We empower our employees to manage their financial well-being and help them plan. 

In this role, you’re expected to:

The India Real Estate Mgmt Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a small team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Excellent commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a NEMS team, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.

Responsibilities:

  • The Real Estate Mgmt Group Manager supports the acquisition, disposition and restructuring of all Citi Corporate Real Estate interests.

  • Key member of the international region’s Real Estate Transaction team.

  • Responsible for non-retail, transactions.

  • Local "Go-To" person for India capital market transactions and analyses of complicated real estate documentation.

  • Assists in the development and implementation of strategic real estate plans in country.

  • Key negotiator for complicated real estate transactions (of every asset class, nationally).

  • Responsible to help coordinate operational activities between verticals.

  • Partners with regional Transactions Head on city-strategy locations and strategic planning.

  • Coordinates closely with Regional Transaction colleagues to insure the implementation of global strategies within region.

  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

  • Oversees and personally inputs into Transactions TTT system to ensure accurate, timely and compliant tracking of the transactions under his/her purview.


Qualifications:

  • 10+ years relevant experience working in India real estate markets.

  • Ability to understand complex real estate transactions including capital markets transactions such as sale leasebacks, dispositions of real estate, expansions, site searches, "blend and extends" and other structures in order to align the real estate to the business and to execute on the overall real estate strategy.

  • Must have in - depth knowledge of real estate transaction process and negotiations, fee structures and best practices in real estate transactions.

  • Must be able to "step through" complicated agreements and structures to minimize expenses and maximize return on investment.

  • Prior knowledge of the regulatory, compliance, financial metrics and culture of a financial services institution as they effect real estate transactions/models/planning

  • Excellent communication skills.

  • Excellent negotiations skills.

  • Excellent business acumen.

  • Demonstrated leadership and client relations skills


Education:

  • Bachelor's degree, potentially Master's degree

About Company

Citi Bank, officially known as Citibank, is a global financial institution and the consumer division of Citigroup, a leading multinational banking corporation. Established in 1812, Citibank provides a wide range of financial services, including retail banking, credit cards, personal loans, wealth management, and investment banking. With a strong presence in over 100 countries, it serves millions of customers worldwide, offering both individual and business banking solutions. Citibank is known for its digital banking innovations, global reach, and commitment to financial inclusion and economic growth.

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