Â Job title: Real Estate Specialist 4 Company: Pennsylvania State University Job description : APPLICATION INSTRUCTIONS: CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please to complete the . Please do not apply here, apply internally through Workday. CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please to complete the Please do not apply here, apply internally through Workday. If you are NOT a current employee or student, please click ?? and complete . JOB DESCRIPTION AND POSITION REQUIREMENTS: The Pennsylvania State University is a multi-campus, land-grant, public research university that educates students from around the world and supports individuals and communities through integrated programs of teaching, research, and service. As Pennsylvania?s land-grant university, Penn State provides unparalleled access to education and public service to support the citizens of the Commonwealth and beyond. We engage in collaborative activities with private sector, educational, and governmental partners worldwide to generate, integrate, apply, and disseminate knowledge that is valuable to society. Penn State?s Finance and Business Unit is a values driven organization that supports thousands of University faculty, staff, and students, while also providing services to the broader community and society. University Real Estate Services is part of the Finance and Business team at Penn State. Our values model those of and we firmly believe in the value of , which encourages us to "respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community." As an incoming team member of University Real Estate Services, it will be expected that all employees embody and model and commitment to diversity, equity, and inclusion. Reporting to the Director of Real Estate, the Real Estate Specialist 4 will act as the first point of contact, and subject matter expert for the real estate needs of Penn State Campuses or University Business Units within a defined territory. This critical role on the University Real Estate Services team is responsible for managing the contract and lease negotiation process for its assigned Campuses and Units, including tracking critical dates, completion of transaction documents, leading due diligence collection efforts, and providing guidance to its customers on industry best practices to ensure the University?s financial resources are utilized efficiently and wisely. Typical transactional activity can range from space or land leases to acquisitions and dispositions, easements and other right of way activities, but can consist of anything that impacts the University?s real property interests. In addition, the successful candidate will assist the department with developing, implementing, and supporting the administrative infrastructure of a complex and widely dispersed real estate footprint, including process and procedure development, improvement and implementation. PRIMARY RESPONSIBILITIES Support all aspects of the University?s real estate interests for a defined territory, including leases, acquisitions, dispositions, and other transactional activities. Independently ensure the timely development, negotiation and execution of new and renewal leases or contracts, verifying business terms comply with University policies, procedures, industry best practices and legal regulations. Coordinate and collaborate with multiple stakeholders and University departments to ensure all impacts of a proposed transaction are fully vetted before initiation. Maintain system to track critical dates, coordinating timely exercise of lease options, renewals and other option rights, and elevating as needed to the Director of Real Estate. Coordinate abstracting of leases and other transactional documentation within the appropriate University database. Coordinate and complete any financial investigations related to payment requests, expense reimbursements, reconciliations, audits and other payment disputes. Complete regular market analysis research, including confirming industry real estate trends, for the communities surrounding assigned campuses and business units. Evaluate existing leases and contracts for potential risks, improvements, and compliance with University policies and procedures. Report discrepancies to Director of Real Estate and troubleshoot for prompt resolution. Assist in conversion of all existing paper files to an electronic format. Research and interpret lease clauses to address internal customer questions and concerns, then assist t

[PART_TIME Remote] Require Real Estate Specialist 4 in Centre