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This is an exciting opportunity to work in our Retail Consumer Real Estate organization, identifying, prioritizing & optimizing real estate for the branch and Automated Teller Machine (ATM) network.
As a Senior Transaction Manager in our Retail Consumer Real Estate organization, you will have the exciting opportunity to identify, prioritize, and optimize real estate for our branch and Automated Teller Machine (ATM) network. You will be responsible for developing and executing market strategy, performing market analysis, site evaluation, and site selection. This role will require you to collaborate extensively with internal and external partners, manage third-party real estate brokers, and represent the company at public meetings and industry events. You will need to be detail-oriented, analytical, and able to solve complex tasks in a fast-paced environment. This role will require travel up to 45% to 50% of the time.
This role will primarily work in the Tri-State Region (New York, Long Island, Connecticut & New Jersey) However, other areas dependent on business needs could be assigned.
Job responsibilities:
- Perform research and analysis of demographics and financial data.
- Build consensus for site selection through business cases, site tours and project approval documentation and presentations.
- Negotiate letters of intent, purchase agreements, ground and building leases, including renewals, extensions, terminations, and subleases.
- Collaborate extensively with internal construction partners, attorneys, architects, title companies and Landlords/Developers. Manage third party real estate brokers.
- Represent company at public meetings and at industry events. Deliver regular and frequent project status reports. Possess a strong working knowledge reviewing title reports, surveys, site, and floor plans.
- Must be expert in territory assigned include market conditions, detailed knowledge of branches and ATMs to optimize network and profitability.
- Analyze and negotiate all relocations, consolidations and renewals of existing branches and ATMs.
Required qualifications, capabilities, and skills:
- Bachelor’s degree
- 10+ years of real estate experience with significant experience in site selection, analytics and transaction negotiations including lease, contracts, and property development.
- Advanced proficiency in Microsoft products (Outlook, Word, Excel, Power Point) Adobe, SharePoint, and tools such as Google Earth and/or other mapping software.
- Strong negotiation skills required with demonstrated positive results. Strategic thinker including ability to understand financial modeling, IRR and PTNI economics.
- Ability to establish relationships with all partners i.e., operations, real estate developers, and brokers. You must have intellectual curiosity, action oriented, self-driven with an ability to work field based with little supervision.
- Must be detail oriented, analytical, with problem solving complex tasks in a fast-paced environment. Able to effectively communicate and negotiate, both orally and in writing.
- Willingness and ability to travel up to 45% to 50% of time. This can change based on territory or team needs. Exceptional time management skills, strong organization and prioritization required.
Preferred qualifications, capabilities, and skills:
- MBA preferred – Finance/Real Estate/Marketing/Accounting with strong financial and business management background required.
Source: JP Morgan Career Page
