VP, Development Management

CyrusOne Management Services•Dallas, TX

About The Position

Reporting to the Senior Vice President, Energy + Land, the Vice President, Development Management is responsible for developing and executing a comprehensive development management strategy to support the Company’s long-term growth and business objectives. The Vice President, Development Management leads a cross-functional team, collaborates with internal stakeholders, including design and construction, solutions engineering, sales, procurement, EHSS, tax and legal, and leverages external subject matter experts and consultants, to project manage and enable work flows and activities across all stages of data center development.

Requirements

Able to balance risk management with the pursuit of an opportunity to maximize project success and value creation
Demonstrated ability to form, drive and execute development management strategies
Strong commercial and project management background and mindset; ability to conceptualize returns with extensive experience in project development with a demonstrated record of implementing business activities determining key value drivers and alignment with CyrusOne’s business objectives.
Ability to stay current with changing technologies, regulations, and trends, including building and maintaining strong relationships with stakeholders, vendors, and industry leaders
Strong business acumen; ability to assess quickly the potential value and risks of a business activity and prioritize potential project development opportunities accordingly; Demonstrated skill in leading and motivating high potential teams to achieve new levels of excellence, leading change, and managing for results
Able to work in a dynamic, fast-paced environment and to adapt quickly to changing priorities; Professional and thorough approach to project development, with a strong understanding of technical, financial, and commercial drivers.
Ability to develop strong business relationships with internal and external stakeholders.
Strong negotiation skills: ability to present points of view in an effective way, representing well the interests and position of the organization and gain support for ideas.
Strong team approach: ability to work with different teams in the organization to ensure sound management of project development opportunities from the identification process to the integration of new assets in the organization.
Demonstrated commercial acumen and experience balancing risk management
Flexible and adaptive style; a leader who can positively impact both strategic and tactical business initiatives.
Self-motivated, with a high level of initiative. Creative mindset. Ability to find value where others may not.
Excellent written and oral communications skills.
10+ years of data center development management experience driving project execution from start to operations; aligning cross functional teams, implementing processes and tools and delivering project excellence for customers.
Previous applicable experience working in a dynamic business environment with excellent management, organizational improvement, and influencing skills
Track record of success effectively supervising, training, mentoring, and evaluating talent teammates at various levels within the organization or team.

Nice To Haves

Data center / mission-critical project development a plus
Master’s degree or professional degree preferred, or equivalent experience in real estate, finance, law, project management.

Responsibilities

Develops and implements CyrusOne’s global development management process, systems and strategy to support the growth objectives of the organization, aligned with CyrusOne’s investment objectives and goals.
Identifies and puts into action, business processes, and develops relationships and opportunities that will support data center development across Land, Power, Engineering, Sales and Construction.
Plans, executes, coordinates, and oversees development management activities across land, permits, tax incentives, power, engineering, solutions engineering, sales, and construction with additional support through underwriting, financing, and closing.
Enables coordination across financial, technical, and commercial initiatives to enable financing and closing, and to facilitate construction start.
Develops, documents, and clearly articulates the status and execution of projects across cross-functional teams, drives effective coordination and communications across the organization, and ensures projects maintain timelines to guarantee delivery and mitigate business exposure.
Leverages corporate and operational resources in development activities and to support the financial close of a project; ensures that all commercial conditions are in place to meet underwriting assumptions and secure capital approval and any financing conditions; collaborates with the design and construction team to ensure a seamless transition into operations once financial close is achieved.
Leads and coordinates a highly energetic and results-driven multi-disciplinary team of internal CyrusOne resources and external consultants to ensure the viability of identified projects through thorough analysis and appropriate project management
Ensures consensus around project activities, project timeline, project assumptions which drive underwriting for projects
Serves as liaison across development management and cross functional areas to ensure that the project and all related project activities properly analyzed and understood by all relevant internal stakeholders
Develops and maintains relationships with industry contacts
Closely follows the industry, competitor, and market activities to ensure development management maintains best in class practices. Updates and modifies Development Management processes as
Prepares project and department budgets and assists in the completion of budget reviews
Recruits, retains, and develops a high-performing team of subject matter experts located in Dallas and London.
All other duties as assigned by senior management