Manager, Real Estate Portfolio Management
About the role
More than a career - a chance to make a difference in people's lives. Build an exciting, rewarding career with us – help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.
The Manager of Real Estate Portfolio Management position establishes, governs and provides oversight of the Real Estate Portfolio Management team including Project Development, Estimating and Project Management functions for real estate projects across all Duke Energy regions. The position will partner closely within all parts of Real Estate (RE), as well as other department leaders, to ensure projects are developed, prioritized, and executed based on condition, reliability, capacity, and operational needs for a portfolio of facilities managed by RE. The facility portfolio managed by RE consists of over 2,400 facilities (over 500 occupied) across 6 states (North Carolina, South Carolina, Florida, Ohio, Indiana, Kentucky). The position provides effective oversight for the development of multi-year strategies and capital funding needs, as well as emergent project requests and approximately 300-350 in-flight projects. Key initiatives may include workplace optimization, portfolio condition and capacity assessments, and the addition of new facilities needed to support immediate and long-term company strategies. The position will oversee the successful creation of the Real Estate 5-year Capital Plan working with department leaders to align on prioritization and capital optimization outcomes. Position will work closely with Project Management Center of Excellence, (PMCoE) to ensure processes and procedures are followed according to project risk ranking criteria.
Working Conditions: Hybrid mobility classification – work performed from both remote and onsite locations after onboarding; hybrid employees must live within a reasonable commute (≤50 miles one way) of their designated Duke Energy facility and report onsite an average of 3 full workdays per regular workweek. Office environment primarily, with occasional field and site visits. Travel requirements: 10%‑25% (may require out‑of‑town and overnight travel across Duke Energy regions). Relocation assistance provided as applicable. This is not a visa‑sponsored position; candidates must be authorized to work lawfully in the U.S. without employment‑based immigration sponsorship.
Responsibilities
- Leadership of Personnel: Provide direction, governance and oversight of the Portfolio Management resources, processes and programs of the RE organization; responsible for staffing, developing procedural requirements, employee development and oversight of individuals who will develop projects for the Duke Energy enterprise multi-year plan (MYP) for land and facilities managed by RE; ensure all items on the plan have been evaluated per established standards, processes and procedures.
- Establishment and Management of Processes and Procedures: Develop and assure implementation of established processes and procedures for (1) screening the MYP to qualify items for Project Development; (2) evaluating MYP items to refine scope, review level‑one schedules and critique conceptual project estimates; (3) updating the MYP with updated cash flows and documented project scoping packages; develop project package to include estimates, business case development, analytics/evaluation, necessary forms depending on dollar value, funding requests documentation, steps and timing, presentation methodology to SVP and other internal governing bodies; ensure engagement of RE internal groups receiving the package for execution and smooth turnover; collaborate across RE groups and business partners to optimize the portfolio and deliver value for investment balance against risk.
- Track and monitor project development progress and report status; identify and escalate project risks proactively to RE leadership when