Demo

Director Commercial Ventures

Metropolitan Transportation Authority
New York, NY Full Time
POSTED ON 1/9/2025
AVAILABLE BEFORE 3/9/2025

Description

Position at MTA Headquarters

JOB TITLE:Director, Commercial Ventures
SALARY RANGE:$132,800 - $150,000
HAY POINTS:954
DEPT/DIV:Strategic Initiatives
SUPERVISOR:Deputy Chief, Commercial Ventures
LOCATION:2 Broadway
HOURS OF WORK:9:00am - 5:30pm
 
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:   
This position exists to coordinate identification and execution of strategies across the MTA family that will aggressively pursue and evaluate partnerships that maximize value to the MTA and its varied stakeholders. This includes growing revenue, improving efficiency, service quality and overall performance. These initiatives are essential to achieve MTA’s targets for recurring savings that are a cornerstone of the MTA’s Financial Plan, as well as incremental revenue to enhance the MTA’s financial viability and strengthen service delivery.  The position assesses the underlying business strategy and commercial rational for new ventures and reconsidering existing arrangements where market conditions have materially changed in cooperation with agency experts; ongoing efforts of continuous improvement and coordination are essential to encouraging excellence across the family.  End result are partnerships, strategies and programs to grow revenue, optimize improve efficiency and effectiveness through new or revised MTA commercial practices.
   
RESPONSIBILITIES:   
  • Work on high-profile initiatives for MTA executive leadership to improve MTA’s financial viability, service quality and overall performance.
  • Work with the clean energy and real estate groups to identify areas of opportunity for commercial or more cost-effective operations.
  • Lead interdepartmental MTAHQ and interagency working groups to execute projects critical to reshaping MTA into a more innovative, commercially-minded, and cost-effective agency.
  • Lead in managing Commercial Ventures’ effort towards realizing ‘best practices’ in HQ and agency commercial applications and partnerships review, particularly with regard to business case review and market trend analysis; develop and manage best  practice Commercial Panels   to encourage better decision-making and consideration of commercial opportunities. 
  • Select, develop and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for discipline/termination of employees when necessary. Review performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
  • Is held accountable for overseeing and evaluating contractor performance, where applicable:
    • Observing the work performed by the contractor;
    • Reviewing invoices and approving them if the work has contractual standards;
    • Addressing performance issues with the contractor when possible; and
    • Escalating issues to other parties as needed.
  • Other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES:  
  • Strong interpersonal skills with an established record of successfully completing projects by obtaining group consensus and cooperation among people with no direct reporting relationship to the position.  
  • Excellent quantitative, analytical and problem-solving skills, together with demonstrated proficiency in business case development and implementation planning.  
  • Excellent communication skills, both oral and written, with the talent to discern different contexts and audiences and to reach consensus on strategy.  
  • Must be able to follow through with implementation in a complex organization and assess need for adjustments to achieve success.  
  • Must be capable of building a strong and successful network, developing new relationships and influencing decision makers.
  • Demonstrated leadership skills in team and/or group settings, including team process and staff development skills.
  • Ability to prioritize among competing needs and opportunities and manage multiple projects at the same time.
  • Demonstrated ability to work with all internal levels within a given organization.
  • Demonstrated ability to communicate and interact well with external agencies.  External agencies may include the Governor’s Office for New York State, New York City government, elected and other public officials, as well as any staff located at other federal or state agencies or authorities.
  • Demonstrated ability to work in a high-profile, high-pressure environment effectively.
  • Demonstrated ability to communicate effectively with key internal and/or external stakeholders.
  • Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short- and long-term goals and direction for the area of responsibility.
  • Demonstrated ability to complete short- and long-term projects effectively and as efficiently as possible.
  • Demonstrated analytical capabilities and quantitative skills.
EDUCATION AND EXPERIENCE:   
REQUIRED   
  • Bachelor’s Degree or an equivalent combination of education and experience may be considered in lieu of a degree; and
  • Minimum of 7-10 years of progressively responsible experience in product management or go-to-market start-up or corporate roles, consulting, finance, public administration or public transportation agency.
  • Minimum of 2-5 years managerial experience in a start-up, corporate or government organization with responsibility for identifying, analyzing and implementing new business practices and strategies.  
PREFERRED   
  • Master’s degree in a related field.
  • Attention to detail.

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 : $132,800 - $150,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Director Commercial Ventures?

Sign up to receive alerts about other jobs on the Director Commercial Ventures career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$252,276 - $351,852
Income Estimation: 
$278,155 - $458,602
Income Estimation: 
$252,276 - $351,852
Income Estimation: 
$278,155 - $458,602
Income Estimation: 
$143,548 - $194,599
Income Estimation: 
$283,897 - $548,281
Income Estimation: 
$244,714 - $384,323
Income Estimation: 
$215,042 - $285,725
Income Estimation: 
$272,340 - $371,244
Income Estimation: 
$224,174 - $324,780
Income Estimation: 
$250,488 - $395,618
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Metropolitan Transportation Authority

Metropolitan Transportation Authority
Hired Organization Address New York, NY Full Time
Description Position at MTA Headquarters JOB TITLE : Director, Operations Procurement, MNR SALARY RANGE : $119,400 ‐ $14...
Metropolitan Transportation Authority
Hired Organization Address New York, NY Full Time
Description Position at MTA Headquarters JOB TITLE : Senior Manager, HCM Systems and Change Integration SALARY RANGE : $...
Metropolitan Transportation Authority
Hired Organization Address Brooklyn, NY Full Time
Description Position at New York City Transit Job Information: Title: Chief Engineering Officer First Date of Posting: 0...
Metropolitan Transportation Authority
Hired Organization Address Flushing, NY Full Time
Description Position at MTA Headquarters JOB TITLE: Manager, Labor Relations - MTA Bus SALARY RANGE: $92,000 - $103,000 ...

Not the job you're looking for? Here are some other Director Commercial Ventures jobs in the New York, NY area that may be a better fit.

Commercial Director

Burnt Island Ventures, New York, NY

Director of Ventures

Schrödinger, New York, NY

AI Assistant is available now!

Feel free to start your new journey!