The Transaction Manager oversees property transaction management for corporate clients, ensuring service delivery, managing processes, and client relations. Responsibilities include financial analysis, negotiations, documentation accuracy, and strategic planning for real estate initiatives.
Job Title
Director, Transaction ManagementJob Description Summary
Responsible for the day-to-day transaction management of a portfolio of properties on behalf of one or more national and/or global corporate client(s). Responsibilities include: Ensuring service delivery standards, managing the transaction process, reporting, working with advisory professionals, reviewing and translating financial summaries, market optimization planning, monitoring internal/external workflows to ensure consistent quality of service and work product, working with multiple service lines and clients.Job Description
General:
- Develop and maintain strong client relationships
- Assist with the implementation of portfolio plans that align with client’s real estate goals and objectives
- Collaborate with C&W and non C&W brokerage professionals to ensure effective negotiations of business terms for a wide variety of transactions including but not limited to: lease, sale, sublease, and purchase
- Manage the flow of key documentation and client communications
- Review, and interpret financial analysis
- Oversee revenue tracking of all transactions
- Maintain database of transaction activity
- Ensure accuracy of all transaction reports
- Present transaction activity to client
- Lead and/or facilitate client meetings
- Provide suggestions for process and technical improvements relating to the transaction process
- Assist with the on-boarding of new team members
- May provide supervision for transactional team members and others team members supporting the transaction activity of the relationship
Process Management:
- Manage account governance process
- Assist with the development of standard forms and procedures
- Implement standardized processes/playbooks that create maximum efficiencies and add value
- Assist in measuring transactional performance
- Ensure that all client and broker engagement documentation is executed
Transaction Management:
- Coordinate field broker selection process
- Assist with determining client needs and communicate project parameters
- Coordinate negotiations and management of transactions
- Coordinate legal review of all client leased/owned documents
- Ensure accuracy of financial data and reporting
- Coordinate client site visits/market tours
- Ensure all State real estate standards are met
- Assist in the management of client rebate
Strategic Planning:
- Assist in the development of strategic real estate plans
- Identify occupancy cost opportunities
- Ensure implementation of agreed upon strategy
- Produce and/or support business case development
- Execute strategies by developing action plans
- Have a thorough understanding of the C&W platform and identify existing and new opportunities for enhancing service solutions and capabilities.
- Contribute to the overall service and financial performance of C&W through effective cross-selling and relationships / contract expansion
Key Competencies
- Customer Relationship Management
- Communication Proficiency (oral and written)
- Financial Analysis
- Negotiation Skills
- Organization Skills
- Teamwork Orientation
- Multi-Tasking
- Presentation Skills
- Technical Skills
Education
- Bachelor’s degree (BA/BS) required in any field; finance/real estate preferred
Experience
- 5+ years of real estate experience in transactions management or corporate real estate
Additional eligibility qualifications
- Must obtain and hold state real estate salesperson license in the state of Illinois
- 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.
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: $ 142,375.00 - $167,500.00Cushman & 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 [email protected]. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”Cushman & Wakefield Chicago, Illinois, USA Office
225 West Wacker Drive, Chicago, IL, United States, 60606
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