Management Trainee

About the Role

• To learn, understand, and undertake the role and responsibilities of the General Manager.
• Support the General Manager in protecting and enhancing the value of the company’s real estate assets.
• Assist the General Manager in identifying center objectives and translating them into operations, marketing, leasing, and profit-enhancing strategies.
• Complete all aspects of the established training program.
• Demonstrate a working knowledge of the responsibilities of the General Manager position.
• Be proficient in all aspects of managing a shopping center.
• Expected to relocate, after successful completion of training, to an assigned, open position.

Key Responsibilities

• Maximize EBITDA by increasing potential income sources while controlling expenses.
• Understand and analyze all financial reports, leases, REAs, and other information to implement strategies achieving the property’s targeted EBITDA budget and growth rate.
• Assist with the development and implementation of an Asset Improvement Plan and a Property Operating Budget.
• Learn and understand all aspects of permanent leasing and participate in leasing activities.
• Optimize performance in short-term leasing while maintaining exceptional standards.
• Understand all aspects of the Simon security initiative and support the development and implementation of the property’s public safety and security strategy.
• Understand all aspects of 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 by establishing and maintaining appropriate operating standards at a competitive cost.
• Assist in the development and execution of the 5-year capital plan focusing on asset preservation and life cycle costs.
• Develop 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 necessary to be an effective leader.

Qualifications

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