Corporate Real Estate Transactions Director-Americas-Citi Realty Services (Open)
Location: New York City, New York
Type: Full Time
Employer will assist with relocation costs.
Internal Number: 22447262
Citi requires that all successful applicants must be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of US employment.
A key senior role within the Transactions Vertical of Citi Realty Services (CRS), a part of EOT.
Supporting the Americas Transactions Head to ensure interface between transaction managers and internal stakeholders is running smoothly.
Responsible to coordinate operational activities between/among the 4 Transactional Verticals (Retail East, Retail West, LATMEX, NAM Office/Operations) and to organize/assist in tracking performance metrics.
Partners with Americas Transactions Head to ensure that strategic priorities are well defined.
Helps drive critical projects.
Partners with Americas Transactions Head on city-strategy locations, new CSC initiatives and other complex real estate transactions/strategicplanning.
Lead transaction manager for complex non-retail real estate.
Coordinates closely with Global Transaction Initiatives colleague to insure the implementation of global strategies.
Management of a small team of transaction managers for office and operations transactions across NAM.
Responsible for the day to day interaction with brokers and landlords on acquisition, disposition and leasing functions.
Ensures real estate transactions are coordinated and managed centrally in order to ensure negotiation parameters and the transactions process are cost-effective and designed to provide favorable shareholder return and adhere to CRS process and legal/compliance requirements.
Develops and executes transaction practices and structures to meet CRS goals for footprint reduction and productivity.
Works in concert with the project management and governance & control office to implement processes to achieve quality real estate transactions for Citi.
Collaborates with Project, Asset and Building management teams.
Maximizes return on investment and/or minimize expense while following Citi policies & practices.
Implements common standards, process and reporting capabilities across Transactions team in all sub-regions.
Coordinates with Global Transaction management to implement consistency and transparency with other Regional practices.
Responsible for adherence to global financial standards in the structure and approval of transactions.
Key interface with accounting policy, IEP preparation, legal and control management.
Manages and evaluate transaction success based upon performance metrics.
Interface with CRS and key business stakeholders as well as critical support resources (Finance, Procurement & Commercial Legal group) to negotiate the best possible terms & conditions to protect the franchise and minimize expense/maximize return on investment.
Works with Finance to properly reflect the accounting, tax and economic impacts of alternatives on Citi books.
Optimizes space utilization through collaboration with design and construction to incorporate needs analysis, workplace and engineering standards, planning models and interior fit out specifications.
Develop a new metrics driven performance management culture in the organization.
Assist in the development and implementation of a strategic real estate plan for each critical market based on CRS & business objectives for optimizing the portfolio on a global basis.
15 plus years of corporate regional transaction management experience
15 years + of working with senior finance partners within a financial services institution
15 + years of strategic oversight and accountability
15 + years of multi-layered managerial and direct report experience