Facilities Officer (Residential Real Estate)

Job Posting Organization:
The International Monetary Fund (IMF) is an international organization established in 1944 with the mission to promote global economic stability and growth. The IMF has a diverse workforce of approximately 2,700 employees from over 150 countries, working in various capacities to support its mission. The organization operates in multiple countries, providing financial assistance, policy advice, and technical assistance to its member countries. The Corporate Services and Facilities Management Department is a crucial part of the IMF, overseeing the management of the organization's real estate assets and ensuring that staff have the necessary support for their international assignments.

Job Overview:
The Facilities Officer (Residential Real Estate) will play a vital role in managing residential real estate services for IMF staff assigned to overseas duty stations. This position requires a proactive approach to coordinate with various stakeholders, including Senior Facilities Officers, internal partners, field stakeholders, and third-party service providers. The officer will be responsible for overseeing the entire process of property search and evaluation, transaction due diligence, lease negotiations, and ensuring successful case delivery. The role demands a high level of accountability and coordination with the Lease Administration and Account Management function to maintain authoritative lease records and manage financial obligations effectively. The Facilities Officer will also be expected to identify opportunities for improving residential real estate services and enhancing the overall experience for staff relocating internationally.

Duties and Responsibilities:
The primary duties and responsibilities of the Facilities Officer include serving as the main coordinator for residential real estate and destination services during staff relocations. This involves managing assigned residential cases from intake through to occupancy preparation, conducting needs assessments, market searches, property evaluations, and due diligence. The officer will lead lease discussions and negotiations, ensuring that all agreements align with IMF policies and legal requirements. Additionally, the officer will coordinate move-in readiness, manage ongoing landlord or vendor issues, and oversee lease close-out processes. The role also includes monitoring service provider performance, maintaining clear communication with staff and families, and adhering to IMF procurement and confidentiality requirements. The Facilities Officer will support the Section Chief and Senior Facilities Officers on various projects and strategic initiatives within the Corporate Real Estate section.

Required Qualifications:
Candidates must possess an advanced university degree in Real Estate, Facilities, Hospitality, Design and Construction, or a related field. Alternatively, a bachelor's degree supplemented by a minimum of six years of relevant professional experience in the aforementioned fields is acceptable. Additionally, candidates with at least two years of experience in a related position at Grade A08 or equivalent will be considered. Strong knowledge and demonstrated experience in executing residential or commercial real estate transactions, particularly in challenging markets, are essential. Candidates should also have experience in managing brokers and real estate service providers, as well as a solid understanding of financial analyses related to residential leases.

Educational Background:
The educational background required for this position includes an advanced degree in a relevant field such as Real Estate, Facilities Management, Hospitality, or Design and Construction. A bachelor's degree with extensive professional experience in these areas is also acceptable. The role demands a strong foundation in real estate principles and practices, as well as familiarity with legal and financial aspects of property transactions.

Experience:
Candidates should have a minimum of six years of relevant professional experience in real estate, facilities management, or a related field. This experience should include a proven track record of managing residential or commercial real estate transactions, preferably across multiple jurisdictions. Experience in a multicultural organization is advantageous, as the role involves working with diverse teams and stakeholders.

Languages:
Proficiency in English is mandatory, with strong written and oral communication skills required. Knowledge of additional languages such as French, Spanish, Arabic, or Russian is considered an advantage and may enhance a candidate's suitability for the role.

Additional Notes:
This position is a two-year contractual appointment, with the possibility of renewal for up to four years based on performance, budget availability, and ongoing business needs. The IMF is committed to diversity and inclusion in its hiring practices and welcomes requests for reasonable accommodations for disabilities during the selection process. The role is classified at A09, A10 level within the organization.