Job Description
WHAT YOU’LL DO
As a
Lease Manager USA & PR & CA in the Expansion function, you are responsible for the management of the store portfolio for your landlord key account in your assigned geographic region in the US. You are responsible for enabling long term Omni growth by optimizing the existing portfolio by Lease actions for existing stores (renegotiations, rebuilds, extensions and terminations) and identifying top locations for new stores. Your key objective is to obtain the best possible deals by negotiating lease contracts with property owners. You work with both internal and external collaboration, always with the future of the forever changing retail world in mind.
This hybrid role reports into our Expansion Manager USA & PR & CA and is based out of New York, NY or Los Angeles, CA.
A Day in the Life
Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities*
- Create growth strategy by developing and maintaining the road map for the geographic region
- Ensure full potential in geographic region is mapped and added to the roadmap
- Secure competition is continuously mapped
- Responsible for creating and following up on pipeline
- Enable the optimization of each deal’s selling, location, and profitability
- Recommend the full business case in terms of fit with market strategy, location requirements, commercial idea, configuration of space, economic, and legal terms, and present ready negotiated business cases for approval by country management
- Coordinate in a positive and collaborative way with other functions before finalizing the negotiations (construction, Store Design, accounting, HR, marketing, merchandising, visual, security, etc.)
- Assist in facilitating the deal through the legal and construction process
- Ensure that the portfolio is commercially competitive in the geographic area
- Negotiate lease actions for existing stores (breaks, terminations, lease term, extensions, rent reductions)
- Proactive in looking for ways to improve the portfolio, keeping in mind long term impact
- Work in close collaboration with the Expansion Manager to set and implement the strategy in your market
- Collaborate with Expansion Manager to secure the best overall result for the business
- Understand involvement of all other stakeholders and secure their input in the project time plan and service scope delivery
- Required domestic travel up to 60% or time. Some international travel may be required at times
Qualifications
WHO YOU ARE
- Bachelor or Master’s degree in Real Estate, Business/Economics or similar
- 3+ previous leasing skills and good legal understanding highly desired
- Strategic planning and long-term vision
- Strong Planning & Organizing
- Multi-tasker with strong prioritization skills
- Able to remain calm and positive in difficult situations and under pressure
- Balance between long-term and short-term planning
- Good financial understanding
- Extremely results driven individual
- Knowledge in MS Office, more specifically Outlook, Excel, PowerPoint, Power BI and MS Teams
- Ambitious, competitive, and humble and value having your own responsibility
- Strong analytical skills and a strong track record of results
- Strong communication skills and the ability to influence decision making
- Socially confident in negotiations and are not afraid to leave your comfort zone
- Please list if a driver’s license is needed for the role, and if frequent travel is required for the role
- Inclusive, positive, open to feedback, willing to multitask and learn on the job
Who We Are
H&M Group is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design, affordable prices, and sustainable solutions. We want to liberate fashion for the many, and our customers are at the heart of every decision we make.
We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together, we want to use our power, our scale, and our knowledge to push the fashion industry towards a more inclusive and sustainable future.
WHY YOU’LL LOVE WORKING HERE
- We value diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, sexual orientation, and disability
- We pride ourselves on being a values-driven organization, guided by our 7 unique values that have been part of our success story for over 75 years
- You’ll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleagues
- We are an inclusive company where you’re encouraged to be yourself at work
- You will have access to a large global talent community, where career growth and aspirations have no limits
- We believe in supporting your overall wellbeing and offer comprehensive benefits inclusive of health insurance, wellness and family support programs, company match 401k, paid leave programs, and paid time off, including a community day to serve your local community
- You’ll be able to express your personal style with our employee discount at H&M, & Other Stories, and COS
Additional Information
JOIN US
Our uniqueness comes from a combination of many things – our inclusive and collaborative culture, our strong values, and opportunities for growth. But most of all, it’s our people who make us who we are.
Take the next step in your career together with us. The journey starts here.
Compensation: salary range is $145,954-$180,500 annually**
- This job posting highlights the most critical responsibilities and requirements of the job and is not all-inclusive. There may be additional duties, and responsibilities assigned for this job at the company’s discretion.
- H&M, in good faith, has assessed this posted range of compensation as the accurate range for this role and location at the time of this posting. H&M may ultimately pay more or less than the posted range depending on candidate qualifications. This range may be modified in the future.
EEOC Code: PRO
Job Status: Salary, Exempt
- We are committed to a recruitment process that is fair, equitable, and based on competency. We therefore kindly ask you to not attach a cover letter in your application.
