Lease Administration Associate

Join a team that values your ambition and empowers your growth. At Corient, we help high‑and ultra‑high‑net‑worth individuals and families to enjoy a full life while preserving their wealth for future generations and supporting the people, causes, and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you. Overview Corient’s Global Real Estate and Workplace team (GREW) is part of our Global COO group and supports our Wealth Advisory, Asset Management, Client Solutions, and corporate teams to realize and execute real estate and workplace initiatives to elevate the employee and client experience and drive business value. Our primary purpose is to create safe, sustainable, functional, and elegant space to meet the business needs of our teams. Key Responsibilities Review, track, and administer lease documents across the commercial portfolio. Ensure all leases are properly documented, compliant, and accurately reflected in the systems while supporting GREW and accounting with timely, accurate lease data. Manage transaction processing for accounts payable functions, including timely and accurate disbursement of payments and maintaining business processes to promote operational effectiveness on behalf of GREW. Partner closely with leasing, third‑party lease administration team, finance, and external real estate partners and landlords to manage lease records, commencement processes, and controls in accordance with ASC 842, SOX, and internal governance standards, local regulations, tax requirements and internal billing policies. Maintain accurate financial records by updating real estate systems with rent adjustments, tracking security deposits, and managing subtenant rent collections. Review client invoices against lease requirements, verify calculations, and collect supporting documentation from landlords or billing authorities. Ensure that invoices have proper approvals consistent with the firm’s policies and procedures. Verify, reconcile, and process rent and property invoices, ensure timely payments, resolve discrepancies, and maintain compliance with lease terms and internal policies. Oversee rent billing, collections, and lease exit processes including producing and distributing monthly rent statements and assisting with the invoices and collection from building tenants. Work with leasing and third‑party lease administration team to implement new and existing landlords and vendors for billing. Track and manage critical lease dates (renewal notices, expiration dates, lease commencement, rent commencement, option exercise deadlines, CAM reconciliations, security deposits) and administer and monitor critical dates in accordance with real estate lease agreements. Conduct desktop audits of Year‑End Common Area Maintenance (CAM), insurance, and real estate tax reconciliations; analyze charges for accuracy and resolve discrepancies. Request and collect outstanding landlord security deposits; track, request, and obtain outstanding landlord year‑end reconciliations. Qualifications 5+ years of experience in lease administration, lease accounting, commercial real estate, property management, or a related role. Strong working knowledge of commercial lease agreements and common lease terms, lease administration and accounting standards. Experience operating within SOX‑controlled environments and supporting audit requirements. Proven ability to manage complex lease data with a high degree of accuracy and attention to detail. Diligence and accuracy in financial and data management. Proficient in Microsoft Office (Word and Excel) and Yardi. Strong written and verbal communication skills. Bachelor’s degree (Business, Real Estate, or related field preferred). International experience a plus. Pay Information This position is exempt and is paid according to the laws of the State of New York. The pay range for this position is $120,000 – $165,000 USD per year. U.S. Eligibility Requirements Must be 18 years of age or older. Must have unrestricted work authorization to work in the United States. Corient hires U.S. citizens or permanent residents for U.S. employment opportunities. Employers will require proof of work authorization. Corient participates in E‑Verify. Candidates must be willing to execute Corient’s Employee Agreement or Confidentiality and Non‑Disclosure Agreement. Benefits 401(k) plan with employer matching Four medical plan options generously subsidized by Corient Employer-paid dental, vision and life insurance Employer-paid short-term and long-term disability Paid maternity and parental leave Flexible Spending Accounts & Health Savings Accounts Dependent care FSA Commuter and transit FSA Corporate discount program – PerkSpot Training reimbursement Paid professional designations Volunteer days Physical Requirements This position requires the physical capabilities to work in an office environment, including prolonged periods of sitting at a desk and working on a computer. The position may require lifting up to 15 pounds and requires onsite work four days per week. EEO Statement We are an equal opportunity employer. All candidates will be recruited and, if applicable, selected and employed without regard to sex, race, religion, marital status, veteran status, age, national origin, sexual orientation, gender identity, color, creed, ancestry, disability, genetic information or any basis prohibited by law. Additional Information This position description is intended to provide a general overview of the expectations and responsibilities. Additional duties may be assigned with or without notice as business needs evolve. #J-18808-Ljbffr Corient Services LLC