Regional Property Manager II The Regional Property Manager II is responsible for all aspects of fiduciary asset management and oversight of a real estate portfolio within an assigned geographical area. The properties may include residential, commercial, agricultural, timber or other.
Position Competencies
Successful candidates have strong decision making, negotiating, risk management and customer service skills, as well as the desire to actively participate in the business development process. Preferred skill/experience includes knowledge of fiduciary principals.
Position Responsibilities:
- Preserve and enhance real estate assets through prudent real estate asset and property management. Identify, mitigate and escalate risks.
- Collaborate to resolve issues within the real estate portfolio with trust officers, co-fiduciaries, clients and their professional advisors.
- Direct management and/or oversight of third-party management of commercial and residential income properties.
- Prepare annual property reviews, coordinate triennial valuations and perform or coordinate annual property inspections.
- Sell and acquire real estate assets directly or utilizing services of outside brokers; negotiate listing agreements, purchase and sale agreements, leases and other agreements.
- Participate in the business development process through direct client calls and presentations, promoting Trust Real Estate products and services.
- Maintain productive relationships with centers of influence and real estate communities.
Position Qualifications:
- Bachelor's degree in Accounting, Finance, General Business, Management, or Real Estate from an accredited university and 8 years of experience in real estate asset management
- CCIM / CPM or other professional real estate designation is a plus
- Proficiency with Microsoft Office Suite
For candidates hired in the state of California, Colorado, Washington, New York, Illinois, Maryland, New Jersey, or Massachusetts the expected salary/On-Target Earnings (OTE) range for the role is currently:
- California - $92,000 - $172,500 Annually
Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer's work location to determine the pay range. About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
|
Comerica Bank
$92,000 - $172,500 Annually
life insurance, parental leave, paid time off, sick time, 401(k)
Apr 12, 2025