Sr. Real Estate Manager II (US)
Work Location:
New York, New York, United States of America
Hours:
40
Pay Details:
$119,600 - $178,880 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
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Line of Business:
Real Estate
Job Description:
The Sr Real Estate Manager II is responsible for the portfolio management, both retail and corporate, for all denovo openings, relocations, lease renewals, dispositions and other real estate related activities in an assigned geographic area. They are the external facing TD representative to the real estate community including landlords, developers, brokers and attorneys. They are responsible for site identification and negotiation for all real estate sites. The job requires an extensive real estate background regarding market knowledge and differing deal types and transaction methods.
Depth & Scope:
- Assures transactions are structured to minimize risk to TD Bank and Shareholders, under financial terms commensurate with market conditions and condition/quality of the location
- Strong Landlord, Developer, Legal and Broker relationships
- Subject Matter Expert to Retail Strategy and Market Leadership on real estate transactions and market activity
- Prepares deal package to obtain site approval through the TD governance process
- Deal presentation at appropriate levels.
- Oversees the completion of the Real Estate budget for each project
- Portfolio strategy to drive rent savings and reduce occupancy expense.
- Ability to analyze complex financial deals
- Oversees the management all Real Estate critical dates
- Management of the Regulatory process as it relates to denovo openings and relocations.
- Manages and recommends action on due diligence results for real estate purchases or leases including; surveys, geotechnical reports, environmental audits, utilities and title reports
- Represents the Bank for zoning and signage code variance requests and compliance
- Meets with local and state officials and attend hearings as necessary
- Manages "Dead Site" write off within annual approved plan
- Demonstrated negotiation skills
- Ability to handle complex negotiations on behalf of TD's Lines of Businesses.
- Works with legal department to manage and execute all legal documents
- Reviews and approves all real estate related legal billings
- Subject matter expert of transactions and shares with the staff as necessary
- Collaborates with Vice President of Real Estate and AVP of Construction to establish project schedules and manage those schedules with consultants
- Drive continual process improvement
- Special projects as assigned
Education & Experience:
- Bachelor's degree or progressive work experience in addition to experience below
- 12+ Years of related experience
- Thorough understanding of corporate, financial and industry practices and standards and their impact on project activities.
- Experience with a high growth brand
- In-depth knowledge of real estate principles
- Demonstrated experience leading fast paced growth and development
- Excellent interpersonal interaction and communication skills
- Proven flexibility and adaptability
- Demonstrated organizational Skills
- Proven ability to manage competing priorities
- Results focused
- Strong communication skills within levels of the Organization including Senior Executives
- Ability to plan and execute projects of a complex nature with minimum direction
- Ability to work flexible and travel
Physical Requirements:
Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
- Domestic Travel - Occasional
- International Travel - Never
- Performing sedentary work - Continuous
- Performing multiple tasks - Continuous
- Operating standard office equipment - Continuous
- Responding quickly to sounds - Occasional
- Sitting - Continuous
- Standing - Occasional
- Walking - Occasional
- Moving safely in confined spaces - Occasional
- Lifting/Carrying (under 25 lbs.) - Occasional
- Lifting/Carrying (over 25 lbs.) - Never
- Squatting - Occasional
- Bending - Occasional
- Kneeling - Never
- Crawling - Never
- Climbing - Never
- Reaching overhead - Never
- Reaching forward - Occasional
- Pushing - Never
- Pulling - Never
- Twisting - Never
- Concentrating for long periods of time - Continuous
- Applying common sense to deal with problems involving standardized situations - Continuous
- Reading, writing and comprehending instructions - Continuous
- Adding, subtracting, multiplying and dividing - Continuous
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.
Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.
TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you've got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we're here to support you towards your goals. As an organization, we keep growing - and so will you.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition. Learn more
Additional Information:
We're delighted that you're considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we're committed to providing the support our colleagues need to thrive both at work and at home.
Colleague Development
If you're interested in a specific career path or are looking to build certain skills, we want to help you succeed. You'll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD - and we're committed to helping you identify opportunities that support your goals.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you've got everything you need to succeed in your new role.
Interview Process
We'll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or any other characteristic protected under applicable federal, state, or local law.
If you are an applicant with a disability and need accommodations to complete the application process, please email TD Bank US Workplace Accommodations Program at USWAPTDO@td.com. Include your full name, best way to reach you and the accommodation needed to assist you with the applicant process.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion