Sr. Transaction Manager
Cushman & WakefieldAbout the role
Job Title
Sr. Transaction ManagerJob Description Summary
Responsible for the day-to-day transaction management oversight for a complex and/or prominent portfolio of properties on behalf of one or more National and/or Global Corporate Services clients. Responsibilities include: market optimization planning, internal/external workflow monitoring to ensure consistent quality of service and work product and management and/or oversight of team Transaction Managers and Transaction Coordinators. In addition, responsible for budgeting, revenue and profit tracking of all transactions as well as reporting profitability results to Account Director and/or senior management.Job Description
Essential functions and responsibilities
General:
Implement portfolio plans with client’s real estate goals and objectives in mind
Optimize and integrate portfolio with clients’ work place 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 transactional team members and others 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
Manage client rebate account
Strategic Planning:
Lead 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 Multi-Tasking Strategic Planning
important education
Bachelor’s degree required in any field; finance/real estate preferred
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
additional eligibility qualifications
Must obtain and hold state real estate salesperson license
LEED, MCR, CCIM designations are a plus
Ability to read and understand commercial re
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