What are the responsibilities and job description for the Associate Director- Transaction Management position at Metropolitan Transportation Authority?
Description
Position at MTA Headquarters
JOB TITLE: Associate Director, Transaction Management
SALARY RANGE: $115,000-$125,000
HAY POINTS: 725
DEPT/DIV: Real Estate
SUPERVISOR: Deputy Director, Transaction Management
LOCATION: 2 Broadway New York, NY 10004
SUPERVISOR: Deputy Director, Transaction Management
LOCATION: 2 Broadway New York, NY 10004
HOURS OF WORK: 9:00 am - 5:30 pm (7 1/2 hours/day)
DEADLINE: Until Filled
This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire.
SUMMARY:
Under the supervision of the MTA Deputy Director, Transaction Management the Associate Director will assist in the management of all real estate activities related to planning and managing the acquisition of property rights to support the MTA Capital Program and developing, implementing leasing strategies to generate revenue for MTA Long Island Rail Road, MTA Metro-North Railroad (Metro-North), MTA New York City Transit, and MTA Bridges and Tunnels (B&T). They will work with other MTA departments and operating units such as legal, procurement, planning, and capital construction, as well as consultants and other groups, to ensure the successful completion of all acquisition, licensing, and leasing projects. The incumbent will also complete other projects and tasks as assigned.
RESPONSIBILITIES:
- Assist in maximizing return on the real estate portfolio of all MTA agencies.
- Assist in coordinating with MTA agencies to improve transportation facilities and developing opportunities.
- Effectively manage and work with external consultants, brokers, and other external providers of goods and services and conduct all transactions with professionalism, integrity and high ethical standards.
- Managing the acquisition of property rights necessary to support, improve, and expand transportation facilities.
- Negotiate contracts of sale or purchase, leases, licenses, and other agreements in support of the transit system.
- Act as a liaison with MTA operating agencies and their component groups (e.g. legal, engineering, construction, and operations) in the planning, implementation and management of property acquisition and leasing projects.
- Work with governmental agencies and oversight groups (e.g. federal, state, and city) to efficiently realize all project goals.
- Work with other MTA real estate teams (tenant management, development, administration, and information management unit), in collaborative effort to accomplish organizational goals and objectives.
- Prepare and issue requests for proposals for licensing commercial space, negotiate and complete license agreements, and manage the process of opening concession spaces throughout the MTA system.
- Assist and prepare letters, memos, requests for proposals, staff summaries, and
- All other matters related to real estate leasing and acquisitions and other duties as may be required.
KNOWLEDGE, SKILLS, AND ABILITIES
Competencies
- Leadership skills with experience in managing small, project-driven teams with proven outcomes.
- Exceptional organizational skills with the proven ability to analyze, comment, interpret, negotiate, and draft real estate documents and the ability to present information clearly and accurately in both written and spoken form.
- Detail-oriented individual with exceptional time management skills, proven problem-solving abilities, and a well-developed capacity for strategic thinking.
- Self-starter who can develop and administer work plans involving extensive and complex interrelated processes, and a person who can operate under exacting time constraints.
- Proven knowledge of real estate leasing and acquisitions, financing, and management principles as well as a familiarity with maps, blueprints, surveys. General knowledge of construction principles and cost estimates and analysis preferred.
- Essential to this position are good leadership skills with the ability to adapt to changing requirements and situations with tact and good judgment.
- A working knowledge of Microsoft Word, PowerPoint, and Excel programs.
- A working knowledge of valuing cash flows and other financial calculations pertinent to real estate.
- May need to work outside of regular work hours (i.e., evenings and weekends)
- Travel may be required to other MTA locations or other external sites
- May need to respond to emergencies on a 24-hour basis
EDUCATION AND EXPERIENCE:
REQUIRED:
- Bachelor’s degree in real estate, real estate development, architecture, or urban planning with a minimum of 5-7 years progressively responsible experience in commercial real estate required.
- Experience in property acquisitions – of both land and buildings; knowledge of Federally funding acquisition requirements is a plus.
PREFERRED:
- Master’s degree in real estate, real estate development, architecture, or urban planning with a minimum of 3-5 years progressively responsible experience in commercial real estate.
OTHER INFORMATION:
Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).
Equal Employment Opportunity
MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including with respect to veteran status and individuals with disabilities.
The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.
Salary : $115,000 - $125,000
