Job Title
Sr. Transaction manager
Job Description Summary
Responsible for the day-to-day transaction management oversight for a complex and prominent portfolio of properties on behalf of one of a Global Corporate Services clients. Responsibilities include: market optimization planning, internal/external workflow monitoring to ensure consistent quality of service and work product. In addition, responsible for budgeting, revenue and profit tracking of all transactions as well as reporting profitability results to Transaction Manager Lead and/or senior management.
Job Description
Essential Responsibilities:
- Implement portfolio plans with client’s real estate goals and objectives in mind
- Optimize and integrate portfolio with clients’ workplace strategy
- Collaborate with C&W and non-C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including lease, sale, sublease and purchase
- Align C&W and clients other real estate functions to ensure consistency of service areas
- Manage the flow of key documentation and client communications
- Work with the clients’ operational groups at all levels to identify real estate needs
- Prepare, review, and interpret financial analysis/accounting concepts
- Report all transaction revenue
- Ensure accuracy of all transaction reports and client materials
- Present transaction activity to client/C&W management
- Participate in all client/C&W business reviews
- Lead and/or facilitate client meetings
- Provide supervision for team members supporting the transaction activity of the relationship
Process Management:
- Process and program management development and implementation
- Implement standardized processes that create maximum efficiencies and add value
- Oversee development and continuous improvement of standard forms and procedures
- Develop performance measurements for internal benchmarking
- Create and implement account operations manual/playbook
Transaction Management:
- Oversee transaction service delivery
- Coordinate and manage transaction teams
- Oversee/manage field broker selection process
- Determine clients' needs and communicate project parameters
- Oversee negotiations and management of transactions
- Collaborate with portfolio administration team to help ensure data accuracy
- Coordinate legal review of all client leased/owned documents
- Ensure accuracy of financial data and reporting
- Resolve landlord/tenant disputes
- Coordinate client site visits/market tours
- Ensure all state real estate standards are met
- Oversee budgeting and revenue tracking of all transactions
- Assist in client rebate tracking
Strategic Planning:
- Assist in the development of strategic plans and provide strategic real estate advice to clients
- Identify occupancy cost savings strategies
- Develop occupancy expansion/contraction strategies
- Ensure implementation of agreed upon strategy
- Produce and/or support business case development
- Prepare reports, data and financial analyses toward the completion of a strategic plan
- Execute strategies by developing action plans
- Quantify and report on occupancy cost savings and value add analyses
Key Competencies:
- Client Service Skills
- Communication Proficiency (oral and written)
- Presentation Skills
- Financial Analysis
- Negotiation Skills
- Leadership
- Organization Skills
- Teamwork Orientation
- Proactive Mindset
- Multi-Tasking
- Strategic Planning
Important Experience:
- 5+ years real estate experience in transaction management or corporate real estate
- Experience with high-level, complex transaction management including experience in contract management/compliance
Education:
- Bachelor’s degree required in any field; finance/real estate preferred
Additional Qualifications:
- Must obtain and hold state real estate salesperson license
- LEED, MCR, CCIM designations are a plus
- Ability to read and understand commercial real estate transaction documents, such as a lease, purchase & sale agreement, sublease agreement, SNDA, estoppel, assignment agreement, etc.
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Some limited travel may be required for site inspections or to meet with local client businesses. The position will be based in the New York City office. Candidate will be required to work in the office Monday-Thursday.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Some limited travel may be required for site inspections or to meet with local client businesses. While performing the duties of this job, the employee is regularly required to communicate with others and exchange accurate information; operate a computer and other office productivity machinery; move about the workplace; remain in a stationary position for 75% of the time; and extend hands and arms in any direction.
Other Duties:
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 127,500.00 - $150,000.00
Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email Accommodations@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”