Managing Director, Asset Services (CRE)

Cushman & Wakefield • New York, NY

2d • Onsite

About The Position

Responsible for successfully leading a market or geographic region with M1 revenue less than $5 million. Ensure profitability, service quality, strong client relationships, and provide strategic and tactical decision making for Asset Services.

Requirements

• 10+ years commercial property management and/or executive level leadership experience
• CPM and/or RPA comparable experience in a senior leadership role
• Proven experience in identifying, developing, and motivating team members
• Proven track record in generating new business
• Extensive experience in analyzing and negotiating commercial lease and/or contract language
• Bachelor Degree in Business Administration or related discipline

Nice To Haves

• Real Estate License
• Skilled at identifying and initiating new relationships, as well as sustaining a pool of new business leads with dynamic, high-energy professionalism
• Professional industry designation and active participation/leadership in local and national chapters preferred
• Actively involved at the leadership level in charitable organization(s)

Responsibilities

• Create value through new business growth in Asset Services, cross sell service lines and geographic locations for additional revenue for the firm, identify and pursue expansion of service opportunities with existing clients
• Develop/implement/enhance marketing plans for Asset Services, organize/lead team proposals for new business while leveraging relationships to maximize success rate
• Participate in monthly calls to share best practices and produce leads for institutional clients in multiple markets
• Establish and monitor appropriate checks and balances to ensure high level of quality in operations while ensuring that Asset Services teams understand and exceed Client goals and objectives for each property
• Negotiate property management agreements with all clients
• Ensure compliance with all management agreements, service contracts, and accounting policies and procedures as well as SOC controls
• Review and approve expenditures, which exceed the authority level established for property manager per the management agreement or C&W’s SOC controls
• Guarantee timeliness and accuracy of financial and management reports
• Maintain relationships with Client’s key decision makers
• Verify the existence of property procedures including Operations Manual, Tenant Handbook, and Emergency Procedures per C&W’s or Client’s policies and procedures
• Collaborate with client accounting, corporate accounting, finance, TQC, and other functional leaders
• Develop the most profitable and efficient personnel model to staff each asset
• Participate in national Asset Services task forces and/or committees
• Deliver financial results (P&L responsibility), as well as preparing market level Asset Services budget, including monthly variances and forecasting

Benefits

• Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work.
• In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

What This Job Offers

• Job Type: Full-time
• Career Level: Director