Simon Property Group

Management Trainee

Simon Property Group  •  United States (Onsite)  •  27 minutes ago
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Job Description

Job Location:

Grapevine Mills

PRIMARY PURPOSE:

To learn, understand and undertake the role and responsibilities of the General Manager while supporting the General Manager in protecting and enhancing the value of the company’s real estate assets. The incumbent will assist the General Manager in identifying center objectives while learning how to translate those objectives into operations, marketing, leasing, and other profit enhancing strategies.

The Management Trainee will be expected and required to complete all aspects of the established training program, demonstrate a working knowledge of the responsibilities of the General Manager position, and be proficient in all aspects of managing a shopping center. This position is expected to relocate, after successful completion of the training, to an assigned, open position.

PRINCIPAL RESPONSIBILITIES:

The successful candidate’s responsibilities will include, but not be limited to:

  • Maximize EBITDA by increasing all potential income sources, while controlling expenses
  • Understand and analyze all financial reports, leases, REAs, and other information and concepts while working with the mall team to implement the appropriate strategy to achieve the property’s targeted EBITDA budget and growth rate
  • Assist the General Manager with the development and implementation of an Asset Improvement Plan and a Property Operating Budget which addresses the opportunities and needs of the center
  • Learn and understand all aspects of permanent leasing and participate in leasing activities from canvassing through lease execution
  • Optimize total performance in short-term leasing while maintaining exceptional standards
  • Understand all aspects of the Simon security initiative and support the General Manager in the development and implementation of the property’s public safety and security strategy
  • Understand all aspects of the marketing and Simon Media & Experiences initiatives while driving revenue and retail sales
  • Work with the mall team to create a best-in-class shopping experience for customers through establishing and maintaining appropriate operating standards at a competitive cost
  • Assist in the development and execution of the 5-year capital plan that focuses on asset preservation and life cycle costs
  • Develop the skills required to retain and motivate all team members
  • Develop and maintain strong, productive relationships with tenants, community partners, and stakeholders
  • Gain in-depth knowledge and understanding of all company policies and procedures
  • Understand and demonstrate the qualities and characteristics that are necessary to be an effective leader

MINIMUM QUALIFICATIONS:

  • Bachelor’s Degree in a business-related discipline from a 4-year college or university
  • Demonstrate sound verbal and written communication skills, and be comfortable in public speaking situations
  • Ability to adapt to a dynamic work environment
  • Strong time management skills and the ability to adhere to assigned deadlines
Simon Property Group

About Simon Property Group

Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe, and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

Our portfolio includes assets of national and international renown - proven assets that are the preferred location for retailers. In addition to our high quality properties, Simon is also known for our strong balance sheet, a long-tenured and well-respected senior management team, and our innovative spirit, as reflected in a 50 + year history of successful retail real estate development, management & leasing.

Employment at Simon is considered the pinnacle of a career by real estate professionals due to our leadership position in the industry. With a total market capitalization of over $80 billion, we are well positioned to continue to deliver strong financial results and create shareholder value. Headquartered in Indianapolis, Indiana, we employ approximately 4,800 people across the United States.

Industry
Real Estate & Property
Company Size
1,001-5,000 employees
Headquarters
Indianapolis, IN
Year Founded
1960
Website
simon.com
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