Head of Real Estate Controls & Analytics

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do:  

The Corporate Real Estate Function is responsible for coordinating, integrating and administering a range of diverse real estate functions to support the safety and resiliency of the Bank’s operations.  The Bank’s real estate portfolio is approximately 1.6 million square feet consisting of three owned assets two of which are 24 x 7 mission critical facilities.  Areas of responsibility include planning, managing, repairing and maintaining the Bank's facilities, infrastructure and grounds to ensure the safety and security of the Bank's employees, customers, visitors, tenants and property.

Corporate Real Estate established the Project Controls operation to augment the Project Management team in performing their responsibilities more efficiently and address budget, schedule and operational risks proactively.  Project Controls is also responsible for tracking key project management metrics to drive the strategic and capital planning operations; as well as providing dashboard reports to the CRE clients and senior management as well as managing the Lifecycle Asset Management process.  Moreover, Real Estate Controls & Analytics is responsible for CRE’s facility condition assessment and indexing as well as management of the CRE Compliance manual, risk tracking and reporting, etc.   

Your role as Head of Real Estate Controls & Analytics:

The Head of Real Estate Controls & Analytics is a crucial member of the Real Estate (RE) team who collaborates closely with project managers. The primary goal is to ensure that projects remain on track, within budget, and are delivered on time.

• Lead Real Estate Controls, which includes the full Project Management lifecycle of all projects from initiation to schedule, budget, and tracking of change orders and requests for adjustment; closes out with lessons learned including the array of RE controls, metrics, etc.

• Maintain RE control database that informs strategic planning, ongoing budgeting of future work, and overall reporting abilities. Assist with the development of capital and operating expense budgets.

• Oversee RE's compliance and risk management programs; identify potential risks and mitigation strategies

• Provide evaluation of properties and the development of strategic plans for property assets, including property expense control, and leads efforts when appropriate.

• Assist with the coordination and management of strategic projects.

• Provide proactive client relationship management; delivers solutions that resonate and align client needs and mission of the FRBNY.

• Mentor and develop staff, offering coaching and guidance to junior team members.

What we are looking for:

• Experience managing and leading large-scale projects, with a preference for expertise with capital programs, corporate real estate, property and lease management, etc.

• Strong leadership skills across people management and complex problem management, collaboration, influencing, decision making, judgement and project execution.  

• Experience building and managing diverse teams with a proven track record of collaboration and influence across complex organizations.

• Engineering background helpful but not required.

Application Deadline: Friday, July 19th 2024

Applicants are kindly requested to include a letter of interest along with their application. 

Salary Range: $205000 - $290000/ year 

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

  

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