Senior Transaction Manager
2 weeks ago
Job Title
Senior 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 top Tenant Rep Broker team in Toronto. Responsibilities include: market optimization planning, internal/external workflow monitoring to ensure consistent quality of service and work product and 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
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
- 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
- Ability to read and understand commercial real estate transaction documents, such as a lease, purchase & sale agreement, sublease agreement, SNDA, estoppel, assignment agreement, etc.
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