Program Manager, Real Estate Dvpmt & Commercial Strategy

TXU Energy (Vistra Corp) • Irving, TX

14d

About The Position

The Program Manager – Real Estate Development & Commercial Strategy is a senior individual contributor responsible for advancing complex real estate and commercial matters that support the company’s development portfolio. Reporting to the Senior Director of Real Estate and Land Management, the role independently evaluates corporate development opportunities, identifies and mitigates risk, develops and recommends real estate strategies, coordinates complex transactions and negotiations, and resolves commercial issues affecting project advancement.

The Program Manager works closely with Development, Construction, Legal, Finance, Strategy, Engineering, Environmental, and other business functions to translate project objectives into executable real estate strategies. The position calls for strong commercial judgment, strategic thinking, negotiation skills, and the ability to manage high-priority matters independently with limited oversight while appropriately escalating significant business decisions and risks. The role may be based at any established Vistra site or office.

Requirements

• Bachelor’s degree in real estate, business, finance, economics, energy, land management, or a related discipline, or equivalent relevant experience.
• At least 7 years of relevant corporate or commercial real estate, energy, land, or infrastructure development experience, with demonstrated responsibility for complex transactions or development matters.
• Strong knowledge of real estate transactions, site control, contracts, valuation, due diligence, negotiations, and development-related commercial considerations.
• Ability to independently coordinate complex matters with limited oversight, exercise sound judgment, prioritize competing objectives, and recognize when issues require leadership escalation.
• Strong negotiation, commercial, influence, communication, and executive presentation skills, with ability to work effectively across business functions and with external counterparties.
• Ability to understand broader project-development objectives and economics and translate them into effective real estate strategies and profitable commercial outcomes.

Nice To Haves

• Corporate, energy, or infrastructure development experience is strongly preferred.

Responsibilities

• Manage development project deliverables, ensuring financeability and insurability are achieved.
• Develop and execute real estate strategies and commercial positions based on project objectives, economics, valuation, market conditions, contractual rights, and risk; lead negotiations with landowners and other counterparties.
• Optimize complex real estate transactions and commercial initiatives supporting corporate growth and development projects, including site control, acquisitions, easements, crossing agreements, and other strategic real estate matters.
• Independently identify, evaluate, and resolve complex real estate and commercial issues affecting project viability, schedule, cost, risk, or value; provide clear recommendations and escalate significant decisions as appropriate.
• Collaborate with cross-functional real estate workstreams and stakeholders to advance priority projects, and provide strategic analysis and decision support to Real Estate leadership.
• Advance priority development projects and transactions, including achievement of critical real estate and commercial milestones.
• Manage commercial value and risk through effective transaction structures, negotiations, recommendations, and resolution of complex issues.
• Support effective cross-functional execution, including timely resolution of issues affecting project viability, schedule, cost, or strategic objectives.
• Independently manage complex, high-priority matters with appropriate judgment, accountability, and escalation.

What This Job Offers

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