What are the responsibilities and job description for the Transaction Manager position at NEWMARK?
Job Description
Job Description :
Critical client facing team member needed to support Account Partner to manage multiple global clients and their associated real estate portfolios. Primary responsibilities include coordinating with Client CRE to implement real estate plans aligned with Client's strategic goals and provide broad strategic and tactical support to enable clients to make informed real estate decisions. The ideal candidate will have experience in transaction management including new site leasing, renewals, subleasing, purchases / acquisitions, sale / disposition, etc. and associated financial analysis, negotiation and documentation of said transactions.
ACCOUNT MANAGEMENT
- Establish client real estate governance standards, policies, and procedures
- Assist with project initiation and scope definition, prioritization of assignments, and adherence to client-driven priorities, commitments, and milestones
- Act as the liaison between Newmark, Client CRE and Business Unit leadership.
- Manage flow of documentation and communications between client, account team, extended team including local co-broker, consulting, project management, facility management, lease administration, etc.
- Track and report upcoming lease expirations and other critical dates
- Support Client CRE with annual budget development and determine opportunities for reduced occupancy expense and strategic savings
- Lead development and coordination of Quarterly / Annual Business Reviews, showing alignment to client KPI's / OKR's
- Maintain weekly / monthly real estate activity status update
TRANSACTION MANAGEMENT
BUSINESS DEVELOPMENT
KNOWLEDGE, SKILLS, AND ABILITIES
BACKGROUND
Salary : $150,000 - $250,000 annually
The expected base salary for this position ranges from $150,000 to $250,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Working Conditions : Normal working conditions with the absence of disagreeable elements.
Note : The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
Salary : $150,000 - $250,000
