What are the responsibilities and job description for the Portfolio Manager, Real Estate, Facilities, and Hospitality position at CoreTrust Purchasing Group?
Job Description: Portfolio Manager, Real Estate, Facilities, and Hospitality
We are seeking a forward-thinking Portfolio Manager, Real Estate, Facilities, and Hospitality to join our Portfolio Team.
This individual will drive the development, management, and expansion of offerings in key categories such as:
- Facilities Management
- Real Estate Services
- Hospitality
- MRO (Maintenance, Repair, and Operations)
- Uniforms
- Facilities Rental Services
- HVAC Systems
- Elevator Maintenance
About CoreTrust
Main Responsibilities
Portfolio Leadership & Strategy
- Fully own and manage the Real Estate, Facilities, and Hospitality categories
- Develop and execute comprehensive category strategies aligned with CoreTrust's mission and member needs
- Identify growth opportunities within current and emerging supplier markets
- Establish and maintain Portfolio roadmaps, ensuring alignment with company goals
Market & Product Development
- Conduct extensive market research and competitive analysis to inform portfolio strategy
- Lead product development initiatives from concept to launch, ensuring alignment with supplier capabilities and member demand
- Support contracting, pricing strategies, and supplier negotiations to secure competitive terms for members
- Leverage data analytics to identify trends, forecast growth, and inform portfolio decisions
Supplier & Member Engagement
- Build and maintain strong relationships with key suppliers, fostering innovation and collaboration
- Partner with suppliers to identify joint go-to-market strategies and initiatives that drive revenue and adoption
- Act as a subject matter expert for the portfolio, supporting the Sales and Account Management teams in driving member engagement
- Support supplier negotiations, ensuring favorable contract terms and long-term partnerships
Sales Enablement & Performance
- Develop sales enablement tools and training materials to empower Sales and Account teams
- Monitor portfolio performance and establish KPIs to track success
- Provide regular updates and insights to leadership, driving portfolio growth and profitability
- Ensure ongoing communication of product updates, contract changes, and new offerings to stakeholders
Cross-Functional Collaboration
- Collaborate with internal teams including Strategic Sourcing, Sales, Marketing, and Operations to ensure successful product development and launches
- Manage multiple high-priority initiatives simultaneously, ensuring on-time delivery and stakeholder alignment
Requirements
- Bachelor's degree in Business, Supply Chain Management, Logistics, Finance, or related field
- MBA highly preferred
- 7 years of experience in Group Purchasing Organizations, Facility Operations, or Hospitality categories
- Proven track record of fully owning and driving category performance
- Direct experience working within a Group Purchasing Organization (GPO) strongly preferred
- Experience managing complex supplier contracts, negotiations, and pricing structures
- Demonstrated success in hitting or exceeding budget targets
- Strong product development and product management experience
- Background in sales, procurement, supplier engagement, or business development is highly desirable
- Executive presence with the ability to engage C-suite leaders and stakeholders
- Strong problem-solving and analytical skills, with experience leveraging data to inform decisions
- Excellent negotiation and relationship-building skills
- Ability to work independently while aligning with broader organizational objectives
- Strong project management capabilities and the ability to manage multiple initiatives simultaneously
- A proactive, innovative mindset with a passion for driving growth
- Willingness to travel up to 25% of the time
Benefits
- Competitive compensation package
- Unlimited Paid Time Off
- Free individual employee medical coverage
- Company subsidized dental and vision coverage
- Dollar for dollar 401(k) match up to 6% of your salary with immediate vesting
- Company-paid Short-Term and Long-Term Disability coverage
- Employee Assistance Program to support your wellbeing and mental health
- $1500 annual stipend for undergraduate/graduate college courses; $500 annual stipend for continuing education courses/certifications
- Free snacks and beverages on-site
- Brand new, state-of-the-art, tech-enabled work environment in downtown Nashville
- Flexible/hybrid work culture
Salary : $500 - $1,500