Cost & Commercial Analyst

Reposted 10 Days Ago
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London, Greater London, England, GBR
In-Office
Senior level
Real Estate • Financial Services
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The Role
Manage commercial excellence and cost optimisation across the RLAM property portfolio. Oversee procurement compliance, supplier relationships, contract and cost performance, financial reporting, and commercial analysis to deliver value within budgets and identify continuous improvement opportunities.
Summary Generated by Built In

JLL empowers you to shape a brighter way.  

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.

Job Title: Cost & Commercial Analyst
Reporting to: Property Delivery Lead
Location: London
Summary
Responsible for managing commercial excellence and cost optimisation across the Royal London Asset Management (RLAM) portfolio. The role ensures that maximum value for money is achieved while maintaining operational service standards, so that the portfolio operates at peak commercial efficiency.

Purpose
The Cost & Commercial Analyst ensures that all commercial activities and supplier relationships deliver optimal value whilst supporting the operational objectives of the TSM and SSM teams. The role requires effective management of 
commercial relationships, procurement processes, and cost analysis to deliver services within agreed budgets while identifying continuous improvement opportunities.
Responsibilities
• Provide specialist commercial advice and cost optimisation strategies to support operational excellence
• Ensure procurement regulations, commercial compliance, and best practice procurement standards are delivered
• Foster and develop commercial relationships between the Property Delivery management team, suppliers, and stakeholders to create optimal value delivery
• Effectively manage commercial aspects of supplier relationships including cost performance monitoring and contract optimisation
• Conduct regular commercial reviews and ensure cost performance indicators and financial reports are completed accurately and promptly
• Ensure all contracts deliver value within agreed budgets and continuously seek cost reduction opportunities
• Lead in commercial analysis for the portfolio at individual building level, ensuring optimal cost performance is achieved and reported
• Contribute to the development of commercial frameworks and cost management platforms through data analysis and commercial insight
• Provide commercial expertise for newly completed buildings and ensure cost-effective transition into operational management
• Ensure commercial compliance and cost optimisation for special projects and customer requirements
Qualifications
• Minimum 7+ years of experience in commercial property cost management or specialist procurement role
• Professional membership of RICS, CIPS, or equivalent commercial qualification
• Proven track record of delivering measurable cost savings and commercial improvements
• Ability to communicate commercial subjects to non-commercial stakeholders and team members
• Ability to produce detailed commercial reports and financial analysis
• Expertise in managing commercial change processes and promoting cost optimisation best practice

Location:

On-site –London, GBR

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements.  We’re interested in getting to know you and what you bring to the table!

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.

JLL Privacy Notice

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process –  you may email us at [email protected]. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Skills Required

  • Minimum 7+ years of experience in commercial property cost management or specialist procurement role
  • Professional membership of RICS, CIPS, or equivalent commercial qualification
  • Proven track record of delivering measurable cost savings and commercial improvements
  • Ability to communicate commercial subjects to non-commercial stakeholders and team members
  • Ability to produce detailed commercial reports and financial analysis
  • Expertise in managing commercial change processes and promoting cost optimisation best practice

JLL Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JLL and has not been reviewed or approved by JLL.

  • Healthcare Strength Healthcare coverage is positioned as comprehensive, spanning medical, dental, vision, life, disability, FSA options, and mental health support. The package is frequently characterized as “great” or “good,” reinforcing its perceived robustness.
  • Retirement Support Retirement benefits include a 401(k) with a strong employer match and access to related savings options such as a Roth 401(k). The presence of an employee stock purchase program and charitable matching further supports long-term financial value.
  • Leave & Time Off Breadth Time-off benefits include paid holidays and PTO that is often described as generous and flexible, alongside bereavement and military leave. Remote/hybrid flexibility is also part of the total rewards picture, increasing perceived overall value.

JLL Insights

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The Company
HQ: Chicago, IL
66,101 Employees
Year Founded: 1999

What We Do

We’re a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. We want the most ambitious clients to work with us, and the most ambitious people to work for us. Join us.

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