Associate Director, Global Real Estate
Indexed description
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more careers.bms.com/working-with-us .
The Associate Director of Global Real Estate will lead the strategy & transactions for end-to-end real estate lifecycle activities across the portfolio (strategy, acquisitions/dispositions, M&A integrations, lease management, and optimization). This person partners with senior business and regional leaders to align and support real estate decisions with enterprise priorities across Commercial, Manufacturing & Supply Chain, R&D, Drug Development, and related Corporate Functions.
Major Responsibilities And Accountabilities
Portfolio Strategy & Optimization
- Lead global portfolio planning and optimization aligned to business strategy and operating model changes.
- Assess portfolio performance; recommend actions to improve capital efficiency, reduce risk, and lower total occupancy cost.
- Support global site/location strategy decisions across Commercial, Manufacturing & Supply Chain, R&D, and Development.
- Execute global transactions end to end acquisitions, dispositions, new/renewal leases, restructure, and exits for assigned sites.
- Support M&A via diligence, integration planning, portfolio rationalization, and post-close execution, as required.
- Drive strategic reviews and lead complex divestitures (office, campus, industrial, specialized) balancing financial outcomes, continuity, and risk.
- Drive green leasing considerations partnering with EHSS, Sustainability and industry best practices.
- Lead lease strategy and negotiations (extensions, amendments, terminations) and ensure legal/financial compliance.
- Partner with Legal, Finance, EHSS, Tax, and regional Capital, Facilities, IT and Workplace/Operations teams on transaction structure and approvals.
- Maintain governance, controls, and documentation across the portfolio and transaction lifecycle.
- Manage lease administration activities, rent roll, options, escalations, key dates alerts, audits, property tax reviews and other lease administration operations.
- Drive sublease activities and offset recovery and monetization of assets.
- Serve as a trusted advisor to regional and functional leaders, influence decisions across competing priorities.
- Align stakeholders (Commercial, Operations, R&D, Finance, Legal, ESG, Workplace Services) on integrated solutions.
- Present clear, data-driven options and related financials to senior leaders, including trade-offs, risks, and financial impact.
- Partner with segment Finance to deliver value via cost reduction, capital optimization, balance-sheet efficiency, and long-term portfolio performance.
- Build business cases, financial models, and investment analyses to support executive decisions.
- Ensure strategies deliver measurable P&L benefit while enabling growth and resilience.
- Work with Technical Accounting to ensure financial considerations are comprehensive in lease strategy and actions, including write-offs, netbook value, asset history and inventory, and P&L impact timing.
- Minimum education of a bachelor's degree in real estate, business, finance, urban planning or similar area of study is required.
- Minimum of seven (7) years of experience in corporate real estate strategy, portfolio management, transactions, and workplace solutions, with strong cross-functional business acumen is required.
- Proven track record leading complex, multi-region real estate initiatives across portfolio strategy, transactions, M&A integration, lease restructuring, and market entry/exit in global, matrixed environments.
- Demonstrated ability to manage multiple, concurrent portfolio operations end-to-end, integrating lease administration, space and occupancy strategy, capital delivery, and change management across a global footprint delivering clear, data-driven recommendations that shape enterprise real estate strategy.
- Strategic and analytical thinker who synthesizes portfolio, market, and business inputs, with accountability for scope, resources, budget, and delivery.
- Strong financial acumen with a clear understanding of how real estate decisions impact enterprise performance, risk profile, and long-term value creation.
- Demonstrated leadership, influencing matrixed teams and external service providers.
- Exceptional communicator with strong stakeholder management, negotiation, and presentation skills.
- Working knowledge of industry frameworks, platforms, and data sources including IWMS/lease systems, Tableau, PowerBI, dashboards, and reporting tools.
Compensation Overview
Princeton - NJ - US $145,610 - $176,439
The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee's work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience.
Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https //careers.bms.com/life-at-bms/.
Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include
- Health Coverage Medical, pharmacy, dental, and vision care.
- Wellbeing Support Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).
- Financial Well-being and Protection 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.
- US Exempt Employees flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)
- Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays
All global employees full and part-time who are actively employed at and paid directly by BMS at the end of the calendar year are eligible to take advantage of the Global Shutdown.
- Eligibility Disclosure T he summer hours program is for United States (U.S.) office-based employees due to the unique nature of their work. Summer hours are generally not available for field sales and manufacturing operations and may also be limited for the capability centers. Employees in remote-by-design or lab-based roles may be eligible for summer hours, depending on the nature of their work, and should discuss eligibility with their manager. Employees covered under a collective bargaining agreement should consult that document to determine if they are eligible. Contractors, leased workers and other service providers are not eligible to participate in the program.
On-site Protocol
BMS has an occupancy structure that determines where an employee is required to conduct their work. This structure includes site-essential, site-by-design, field-based and remote-by-design jobs. The occupancy type that you are assigned is determined by the nature and responsibilities of your role
Site-essential roles require 100% of shifts onsite at your assigned facility. Site-by-design roles may be eligible for a hybrid work model with at least 50% onsite at your assigned facility. For these roles, onsite presence is considered an essential job function and is critical to collaboration, innovation, productivity, and a positive Company culture. For field-based and remote-by-design roles the ability to physically travel to visit customers, patients or business partners and to attend meetings on behalf of BMS as directed is an essential job function.
Supporting People With Disabilities
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [email protected] . Visit careers.bms.com/ eeo -accessibility to access our complete Equal Employment Opportunity statement.
Candidate Rights
BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.
If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information https //careers.bms.com/california-residents/
Data Protection
We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https //careers.bms.com/fraud-protection .
Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.
If you believe that the job posting is missing information required by local law or incorrect in any way, please contact BMS at [email protected] . Please provide the Job Title and Requisition number so we can review. Communications related to your application should not be sent to this email and you will not receive a response. Inquiries related to the status of your application should be directed to Chat with Ripley.
R1602352 Associate Director, Global Real Estate
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