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Portfolio manager

Glasgow (Glasgow City)
ScotRail
Portfolio manager
£39,995 a year
Posted: 10 February
Offer description

Not your average role… With more than 5,000 employees, ScotRail plays a vital role in serving the people and communities of Scotland. We recognise a modern and diverse workforce, encouraged to use their talents, and develop their skills, is integral to our success in serving and reflecting the communities of Scotland. We are committed to being a diverse and inclusive employer and have also set ourselves ambitious sustainability targets including having a carbon-free railway in Scotland by 2035. THE ROLE : Management of the ScotRail commercial, community and residential property portfolio to deliver optimal rental income and wider business benefits. Growing the portfolio through new opportunities in partnership with ScotRail Property Services and Network Rail will be key to the success of this role. Creating a virtual team with colleagues in Property Services, Health & Safety, Sustainability, Insurance, Network Rail and Legal (external) will be required to ensure the smooth and safe running of the portfolio. Key Responsibilities: Maximise portfolio income through effective rent reviews, lease renewals, valuations, negotiations and delivery of all associated documentation. Lead and develop a small team of portfolio managers, fostering expertise, high performance and professional growth. Manage landlord obligations including enforcement of tenant covenants, safety validation, statutory compliance and health & safety responsibilities. Ensure strong estate management, overseeing let and void properties, tenant maintenance obligations, service charges, credit control and day‑to‑day tenant queries. Partner with internal and external stakeholders —including Property Services, H&S, Sustainability, Insurance, Legal, Network Rail and external consultants—to ensure smooth and safe portfolio operations. Grow and enhance the portfolio by identifying new commercial, community and revenue opportunities and maintaining a network of potential retailers for vacant units. Oversee tender exercises, contractor liaison, and collaboration with local authorities and Network Rail to support effective property management. Set and manage revenue forecasts considering operational, market and strategic factors. Support non‑commercial and community lease development that aligns with wider economic and community benefits. What You Bring… Fully qualified or working toward chartership. Effective negotiation skills. A positive and proactive approach to team working MRICS qualified or working towards this qualification. Full drivers’ licence This is a full-time role, working Monday to Friday. ScotRail offers a hybrid working model which is typically 3 days in the office and 2 days working from home. Reference Salary: £39,995 per annum, pay award pending. Selection process Selected candidates will be invited to a competency-based interview. All offers are subject to passing our pre-employment checks which include a criminal record check, medical and referencing. What we offer you ScotRail offer an excellent rewards package including Contributory Final Salary Pension scheme. Free and reduced rate rail travel for you and your family, where applicable. Generous holiday allowance. Enhanced company sick pay and family leave including maternity, paternity and adoption. Life Insurance cover for 4 x annual salary. Contributory lifestyle benefit options including discounts at hundreds of retailers, cycle to work scheme, discounted gym memberships and healthcare cashback plan. Please note that due to the volume of interest received these vacancies could close prior to the published date. Equal Opportunities ScotRail is seven times accredited as a Top Employer, has achieved Leaders in Diversity and is a Disability Confident Employer. We value, celebrate, and respect the diversity our people and aim to inspire, attract, retain, and develop the best talent. Because we value diversity and the benefits it brings, we want to continue improving the diversity of our people and particularly welcome applications from women, young people, LGBT people, people with a disability, and people from ethnically diverse backgrounds. Closing Date: Friday 20 February 2026

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