Associate Vice President, Real Estate

At Bath & Body Works, everyone belongs. We are committed to creating a diverse, equitable and inclusive culture focused on delivering exceptional fragrances and experiences to our customers. We focus on recruiting, retaining, and advancing diverse talent where our associate population is as diverse as the communities we serve, live and work. In addition, we work to improve our communities and our planet in a way that will make us proud for years to come because we believe the world is a brighter, happier place when everyone has access to the things that make them happy.

We invite you to join Gingham Nation, where we invest in our associates through competitive compensation, benefits, and development opportunities, so they can continue to be their best at work, at home, and in their communities.

Responsible for proactively managing a large multi-region area within the U.S. or Canada, in order to drive execution of real estate strategies in accordance with tactical plans for Bath & Body Works. Direct transactional responsibility for an assigned region in addition to management oversight of 1-3 Regional Directors. Leads execution of targeted accountabilities, consistent with tactical plans. Partners in the integration of Canadian and US real estate systems and processes to support Enterprise growth objectives.

Responsibilities

• Partner in the organizing/conducting of periodic developer portfolio reviews
• Perform budget development, analysis and recommendations for both occupancy cost targets, annual market reviews/tactical planning, and tier & segmentation review.
• Develop strong relations with Canadian developers to ensure delivery of strategically appropriate, financially and operationally compelling real estate transactions
• Actively manage/mentor real estate directors/brokers/consultants for professional development and seamless execution.
• Partner in the development of real estate strategies, which align with the center driven fleet optimization model.
• Strong market knowledge with complete familiarization of fleet positioning in multiple regions.
• Understands and leads implementation of real estate strategies driving timely execution of brand tactical plans.
• Conduct/manage site selection and deal negotiations for optimal brand positioning, in accordance with tactical plans.
• Balance execution of capital and non-capital transactions to ensure agility and appropriate of capital spending
• Manage disposition/redeployment of nonproductive real estate and working cross-functionally with Operational Finance and Legal.

Qualifications & Experience

• Possess knowledge of multiple real estate markets
• Proven leadership ability and excellent communication skills
• Seasoned retail real estate professional with 10+ years of experience
• Maintain extensive industry contacts and excellent relationships with retail developers

Education

• Bachelor’s degree in finance, business/marketing or related field. Master’s degree in related field, preferred.

Core Competencies

• Observe, Engage & Connect
• Deliver Business Results
• Influence & Inspire with Vision & Purpose
• Strive to Achieve Operational Excellence
• Build High Performing Teams for Today & Tomorrow
• Lead with Curiosity & Humility

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.

We are an equal opportunity and affirmative action employer. We do not make employment decisions based on an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status, pregnancy, genetic information, protected veteran status or any other legally protected status, and we comply with all laws concerning nondiscriminatory employment practices. We are committed to providing reasonable accommodations for associates and job applicants with disabilities. Our management team is dedicated to ensuring fulfillment of this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, associate activities and general treatment during employment.

We only hire individuals authorized for employment in the United States.