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Job Description
bps EV and convenience strategy requires focused portfolio stewardship and detailed management of lease, legal and 3rd-party obligations. As the network rapidly expands across highways, cities and high-value locations, robust control of estates data, contractual commitments and compliance requirements is crucial to protect value, minimise risk, and enable timely delivery of new assets.
The Real Estate Estates & Obligations Lead will manage freehold, lease and license obligations, landlord and partner commitments, statutory and contractual milestones, portfolio risks, and end-to-end estates administration. The role ensures bp meets all legal/operational obligations, supports investment decisions with high-quality estate data, and provides insight and oversight across the company-owned and 3rd-party portfolio.
Key Accountabilities
Portfolio obligations management
- Maintain bps end-to-end register of freehold, lease and license terms, break/renewal triggers, rent reviews, dilapidations, tax payments, margin payments, and all contractual obligations across the estate.
- Ensure timely compliance with legal and statutory obligations, working with Legal, HSSE, Finance, external landlords/partners and service providers.
- Manage estates to enable efficient commercial outcomes
- Track and manage 3rd-party commitments (e.g., access rights, construction obligations, service agreements) to protect bps operational continuity.
- Work with 3rd party service providers as required to implement the management of commitments
- Own estates data integrity across lease databases, dedication registers, and obligation tracking systems; ensure high accuracy and audit-readiness.
- Prepare portfolio reporting for senior stakeholders: upcoming breaks, risk hotspots, exposure profiles, and financial implications of estate obligations.
- Support Investment Governance with validated estate information to advise site decisions, renewals, disposals and capital allocation.
- Identify and escalate risks related to non-compliance, landlord disputes, construction/operational obligations, or performance.
- Support continuous improvement of portfolio processes, tools, templates and controls across the European estate.
- Coordinate with Land Acquisition, Build, Ops, Legal and external partners to ensure clarity of obligations and timely delivery of commitments.
- Provide mentorship to project teams on lease constraints, key dates, and obligations that may impact construction, planning, or operational activities.
- Degree in real estate, law, finance, property management or related discipline (or equivalent professional experience) preferable.
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- 3–5+ years experience in real estate portfolio management, lease administration, estates governance or asset management.
- Strong understanding of commercial lease structures, break/renewal mechanics, and landlord–tenant obligations.
- Demonstrated ability to manage complex legal/contractual information and ensure compliance across multiple markets.
- High proficiency with estates/lease management systems and portfolio data tools.
- Strong analytical capability with commercial awareness; able to interpret sophisticated obligations and quantify business impact..
- Excellent organization, attention to detail and delivery discipline.
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to encouraging an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Skills
AcquisitionAsset ManagementPortfolio ManagementReportingIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Important dates & deadlines?
Application Deadline
01 Jul 26, 05:51 PM IST
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