Director, Corporate Real Estate Portfolio Manager
About The Position
The Director, Corporate Real Estate Portfolio is responsible for strategic oversight, planning, and performance management of RTX’s global real estate portfolio, encompassing 1.4 million square feet across multiple countries and states and supporting more than 5,000 employees. The role drives portfolio strategy, aligns real estate initiatives with business needs, oversees project delivery, and supports enterprise-wide capital and space planning. It requires a strong strategist who can simplify complexity, influence senior leadership, and ensure the portfolio supports operational, financial, and workforce objectives. This hybrid role is based in the United States, with eligible candidates required to live within commuting distance of Farmington, Connecticut. The position involves travel of up to 20–30%.
Requirements
- A university degree or equivalent experience and at least 14 years of relevant experience, or an advanced degree in a related field and at least 12 years of experience.
- At least 7 years of experience leading large, global real estate portfolios, identifying project risks, and leading mitigation efforts.
- At least 6 years of experience managing large-scale facilities or real estate development projects across all phases.
- At least 2 years of experience developing business cases using financial and analytical skills.
- Must be authorized to work in the United States without current or future company immigration sponsorship.
Nice To Haves
- Decisive, structured leadership and comfort managing escalations.
- Experience in operations, EH&S, security, or program management.
- Corporate finance or portfolio/asset management experience.
Responsibilities
- Lead global portfolio planning and align it with business growth, workforce needs, and financial targets.
- Monitor utilization, capacity, lease events, cost exposure, and key risks.
- Provide strategic recommendations to senior leadership based on data and business forecasts.
- Oversee delivery of corporate portfolio initiatives and ensure high-quality execution.
- Develop project programs, including schedules, budgets, and charters, to support approvals.
- Guide new project engagements through initiation, planning and funding, and execution using the Variable Project Management (VPM) model.
- Ensure project activities comply with corporate governance policies.
- Oversee accurate and timely reporting for business units and Facilities Project Delivery.
- Identify project risks, lead constructability reviews, and develop mitigation plans.
- Lead portfolio reporting, forecasting, and scenario analysis.
- Manage KPIs, including utilization, cost performance, and long-range planning metrics.
- Ensure data accuracy across systems and organizations.
- Present portfolio updates, insights, and business cases to senior leadership.
- Improve portfolio efficiency, cost performance, and project delivery.
- Standardize portfolio governance and project delivery practices.
- Use data, technology, and automation to modernize real estate operations.
- Develop and manage capital plans and operating budgets for the corporate portfolio.
- Assess the financial impacts of portfolio decisions using modeling and benchmarking.
Benefits
- Parental leave, including paternal leave
- Flexible work schedules
- Achievement awards
- Educational assistance
- Child/adult backup care
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability
- Long-term disability
- 401(k) match
- Flexible spending accounts
- Employee assistance program
- Employee Scholar Program
- Paid time off
- Holidays
- Annual short-term and/or long-term incentive compensation programs may be available depending on position level and collective-bargaining coverage
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What This Job Offers
Job Type
Full-time
Career Level
Director
