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Cushman & Wakefield

Director, Transaction Management

Cushman & Wakefield, Boston, Massachusetts, us, 02298


Job Title : Director, Transaction ManagementJob Description SummaryAs a member of Cushman & Wakefield's Portfolio Advisory Group, the Director, Transaction Management will be dedicated to one or more of Cushman & Wakefield's most dynamic client accounts. In this role, you will collaborate closely with peers and the account team to support a client's strategic real estate vision. As the Director, Transaction Management, you will be responsible for the day-to-day transaction management of various large strategic initiatives and enterprise transactions that cut across various asset classes on behalf of the client. Accountabilities include market optimization planning, monitoring internal/external workflows to ensure consistent high quality of service and work product. The strategic initiatives will require the candidate to be proactive around identifying opportunities for the client to optimize their portfolio as well as oversee aggressive negotiations to deliver great outcomes on behalf of the client. The candidate will prepare best-in-class reporting and be comfortable with ideating solutions.Job DescriptionGeneral: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 on real estate functions to ensure consistency of service areas.Manage the flow of key documentation, responsible for budgeting, revenue, and profit tracking of all transactions as well as reporting profitability results to Account Director and/or Senior Management.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 Transaction team members and others 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 COMPETENCIESClient Service SkillsCommunication Proficiency (oral and written)Presentation SkillsFinancial AnalysisNegotiation SkillsLeadershipOrganization SkillsTeamwork OrientationMulti-TaskingStrategic PlanningIMPORTANT EDUCATIONBachelor's degree required in any field; finance/real estate preferred.IMPORTANT EXPERIENCE7+ years of 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 QUALIFICATIONSMust 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.

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