Property/Asset & Leasing Officer - Job ID: 12732 in Lagos, Nigeria

at Stanbic IBTC Bank

Banking / Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

Job purpose:

  • Acquire suitable premises to meet the Bank’s network needs, arrange for a rental assessment to be undertaken on the offered property, undertake market rental surveys and negotiate the best possible market related lease terms and conditions on new leases, renewals and relocations, early termination of existing leases (if required by the Bank), relocations, closures and sub-letting in respect of the Bank’s network needs in leased and bank-owned buildings.
  • Reduce the Bank’s rental exposure where premises are vacated prior to the expiry date of the lease by negotiating sub-lease agreements or cancellation of existing lease agreements.
  • Protect the Bank’s interests by undertaking a due diligence on properties offered to lease.
  • Manage expiry dates pertaining to leased premises and ensure that lease agreements are renewed six months prior to the lease expiry date.
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