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Sr. Transaction Manager

JLL
United States, New York, New York
148 West 37th Street (Show on map)
Oct 02, 2024
What this job involves -
Our Transaction Management team helps clients strategize, evaluate and execute real estate transactions to meet their business and occupancy needs. Our Sr. Transaction Manager will manage and execute complex lease and/or capital transactions while fostering client relationships and business growth. This positions will be responsible for overseeing regular reporting, budgets, cash flow forecasts, memorandum documenting significant client issues and strategic planning. Additionally, will work primarily in a leadership role on complex projects.This position works independently or as part of a team; will supervise or manage the workload of Analysts and Analysts possibly other Transaction Managers. This position will also work on and will be asked to direct special projects/assignments as needed. Our Sr.Transaction Manager will manage and work with professionals across a wide variety of disciplines and business units. Demonstrated experience in managing complex projects to successful outcomes is paramount. Ability to think strategically and act proactively. Creates strong client trust and confidence. Helps team foster growth of junior talent.

Manage Client Relationships
Assume key transaction responsibilities for strategic clients

Provide advice on client transactions

Attend regular client meetings and conference calls

Improve client transaction management processes

Work directly with clients and team members to resolve financial model, transaction and landlord issues

Manage building tours with the client

Manage transaction reporting to the clients

Transactions Support
Independently manages and executes complex, large, and mid-size transactions with high level of proficiency and knowledge

Delivers measurable value by negotiating favorable economic and flexible lease terms for the client.

Work with IT to customize reports, dashboards and analytics specific to account team usage

Assist Client in completing a large number of transactions annually and independently execute lease and capital transactions of all types and sizes while adhering to Jones Lang LaSalle's and the Client's processes and standards for expertise and professionalism

Actively monitor progress of assigned transactions as well as those of direct reports

Collect client requirements, obtain market data, review market reports, retain real estate broker partners nationally, oversee site selection and site evaluation, create requests for proposals (RFP's), negotiate letters of intent, leases, purchase and sale agreements, and prepare approval packages for client's senior management

Develop occupancy cost savings strategies, develop and evaluate alternative occupancy solutions and financial structures and refine existing transaction processes and procedures

Review commission invoices for accuracy and progress on payment; review Dealio for accuracy and assure it is updated regularly

Less than 20%

Interested? An ideal candidate would need to have the following qualifications:
Required
A Bachelor's degree is required, Masters, MBA or other advanced degree is strongly preferred.

7-12 years of relevant work experience with at least 4-8 years as a Transaction Manager, CRE experience.

Seasoned transaction management experience with proven skills in contract review and lease/purchase and sale negotiations.

Experience working with corporate clients to achieve real estate objectives.

Solid understanding of financial and accounting impacts.

Strong, verbal and written communication and presentation skills.

Excellent negotiating, analytical, communication, collaboration, organization/planning and process skills.

Strong ability to interpret and communicate business intelligence/data analytics.

Outstanding client service skills.

Proven ability to manage a team.

Coach and develop direct reports to reach full potential, lead a diverse team.
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