Director, Lease Administration Solutions

As we continue to deploy our next generation of AI-driven lease management tools, we recognize that technology alone cannot replace deep domain expertise.

We are seeking a Director of Lease Administration Solutions to join our Solutions team. In this high-impact role, you will bridge the gap between commercial real estate complexity and software capability. You will serve as the Executive Authority who ensures our clients understand exactly how our data models work, setting clear expectations on accuracy, auditability, and process.

Simultaneously, you will serve as the primary strategic lead for our abstraction workflows, ensuring our Product teams build tools that respect the nuance of complex leases rather than oversimplifying them.

** Please note that this opportunity is located in New York, NY, and requires this hire to work from our office 4 days a week. **

What you can expect as a Director of Lease Administration Solutions:

Strategic Client Advisory

• Executive Technical Authority: Partner with the Solutions Engineering team during engagements with enterprise clients (Global REITs, Funds) to validate our abstraction methodology. You act as the strategic validator in the room who assures the client’s Head of Asset Management that their data is safe and accurate.
• Expectation Management: Define and articulate the project scope for lease data onboarding. You will clearly explain to buyers what the AI handles automatically versus where human review is required, establishing trust through transparency.

Product Logic & Data Governance

• Business Logic Design: Act as the translator between Legal/Leasing requirements and Engineering. You will define the functional requirements the software needs to capture (e.g., conditional dependencies between clauses), creating the specifications that the engineering team implements.
• Hybrid Workflow Strategy: Champion a workflow where AI handles standard data and human experts handle edge cases. You will define the protocols for when the system should flag a clause for human review rather than estimating, ensuring high data fidelity.

Operational Standards & Delivery

• • Quality Benchmarks: Define the abstraction protocols that govern the platform. You will create the internal standards that determine how non-standard clauses—such as complex ROFOs or vaguely defined Commencement Dates—are standardized in the database.
  • Feedback Loop: Channel insights from client discussions directly back to Product Management. If clients require a specific data field that is not currently captured, you are the voice that ensures it is prioritized on the roadmap.
    

To Succeed In This Role, You Have

• Elite Domain Expertise: 8-10+ years in Lease Administration, Real Estate Legal Operations, or Portfolio Data Management. You have extensive experience managing complex documentation, from handwritten amendments to lengthy manuscript leases.
• Structural Thinking: Demonstrated ability to break down complex legal provisions into logical workflows. You must be comfortable translating lease language into structured requirements and conditional logic for technical teams.
• Communication Style: You are an educator at heart. You can explain technical lease concepts (like Net Effective Rent versus Face Rent) to software engineers, and explain data confidence intervals to Property Managers.
• Realistic Innovation: You are excited about AI, but you remain pragmatic. You understand that high accuracy is critical for financial reporting, and you know how to build the necessary safety nets to ensure data integrity.

What VTS Values & How We Show It

• Strive for Excellence - We know your potential is unlimited. Take advantage of our executive coaches and our training and career development programs available to all employees!
• Be Customer Obsessed - We’re employee obsessed too! VTS offers competitive compensation, comprehensive health benefits (including dental and vision), pre-tax commuter benefits, and a 401(k) plan. Not to mention the fun stuff - quarterly happy hours, wellness events, clubs, and team lunches!
• Be Curious - Benefit from a culture that promotes new learning. VTS offers an education stipend to all employees!
• Move as One - We work in an open floor plan to promote cross-functional collaboration.
• Take Ownership - Be an owner of the company you’re building with our equity packages.
• Appreciate the Difference - VTS embraces and celebrates diversity. We understand the importance of a strong work-life balance. We offer a flexible PTO policy, generous family leave program, and more!

About VTS

VTS is the industry's only technology platform that unifies owners, operators, brokers, and their customers across the commercial and residential real estate ecosystems. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party insights and collaboration engine in the industry, transforming how strategic decisions are made and executed by real estate professionals across the globe.

With the VTS Platform, consisting of VTS Lease, VTS Market, VTS Activate, and VTS Data, every stakeholder in real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 13 billion square feet of office, residential, retail, and industrial space is managed through our platform worldwide. VTS is utilized by over 45,000 professionals and over 1.2 million total users each day, including industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE.

VTS maintains offices in New York City, London, Toronto, Chicago.

To learn more about VTS and view our open roles, visit us at vts.com or follow us on Instagram (@WeAreVTS) or LinkedIn.

Pay Transparency

At VTS, we pride ourselves on articulating a clear and transparent philosophy around equitable, impartial compensation that will allow us to recruit and retain an exceptional team. The base salary is market-driven at the time of offer and is based on tier 1 market data. The salary for this role will range between $160,000 - $190,000 and is determined by several factors, including your skills, prior relevant experience, quality of interviews, leveling, and geography. There is a commission structure for the position that will bring the OTE (on target earnings) to $190,000 - $230,000 depending on the base salary agreed upon and achievement to goals.

EEO Guidelines

VTS embraces diversity and equal opportunity in a serious way. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.

All your information will be kept confidential according to EEO guidelines. For more information about what we collect and how we use it, please refer to the Candidate Privacy Statement.

If you have a disability or special need that requires accommodation at any time during the recruitment process, please let us know at [email protected]

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