Director, Real Estate Management

Socket.dev; Toronto; Hybrid; CAD 180,000 - 260,000; Full time

Benefits offered by this job

Competitive salary

Incentive pay

Benefits program

Pension plan

Employee stock purchase plan

Vacation offering

Wellbeing support

MomentMakers program

Purpose Day

Job summary

CIBC is seeking a Director, Real Estate Management in Toronto to lead multi-year investment roadmaps for its corporate office portfolio. The role focuses on urban markets, using analytics to decide expansion, consolidation or divestment aligned with workforce needs and financial goals.

You'll operate in a hybrid model, spending 1-3 days on-site. Candidates should have deep corporate real estate experience, strategic finance skills and a collaborative leadership style.

Qualifications

• Experience developing investment plans for corporate offices or extensive corporate real estate.
• Strong analytical ability to interpret complex issues and deliver innovative workplace solutions.
• Knowledge of workplace strategy aligning with business goals and culture.

Responsibilities

• Develop multi-year real estate investment roadmaps for corporate offices across markets.
• Lead scenario planning, space utilization forecasting and portfolio analysis.
• Communicate recommendations and present to executives to gain alignment.
• Partner with internal/external teams on market intelligence and cost considerations.

Skills

Analytical thinking

Budget processes

Client service

Communication

Contract performance management

Hiring

Innovation strategies

Leadership

People management

Procurement services

Real estate

Strategic objectives

Vendor contract negotiations

Education

Bachelor's degree in Business, Finance or related field

MBA or other advanced degree (asset)

Job description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

What you’ll be doing

You are part of a team responsible to develop multi-year real estate plans for CIBC’s corporate offices. As a Director, Real Estate Management you will play a central role in shaping our real estate footprint. Your focus is on larger urban markets where you lead the development of multi-year investment roadmaps for our corporate office portfolio. Leveraging your analytical skills, you determine where to expand, consolidate, or divest real estate based on an informed view of CIBC's workforce and operating model requirements, business goals and financial objectives.

At CIBC we enable the work environment most optimal for you to thrive in your role. You’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 1-3 days per week on-site, while other days will be remote.

How you’ll succeed

• Develop & deliver strategic plans – You develop multi-year real estate investment roadmaps to ensure our corporate offices are optimized . You collaborate with multiple teams to understand the value of our current footprint and assess opportunities to change. You build forecasts of business requirements and 10-year financial plans that consider investments and ongoing needs.

• Analysis & Financial Acumen – You analyze information from multiple sources to assess our current environment and opportunities. Your responsibilities include scenario planning, space utilization forecasting, workspace planning, and geographic portfolio analysis. You have experience completing financial analysis and are aware of the key financial considerations of major investment decisions.

• Communication – You have excellent communication skills and are able to deliver clear and concise messages that are tailored to meet audience needs. You develop recommendations, prepare formal presentations, and communicate financial information in an impactful way. You gain and maintain support for investment plans; you develop recommendations and participate in executive-level discussions.

• Research & Due Diligence – By partnering with internal and external teams, you develop robust real estate market intelligence. You maintain awareness of workforce and operating model trends, changes in workplaces & amenities, and real estate costs, and opportunities.

Who you are

• You have experience in developing investment plans for corporate offices or have extensive experience in a corporate real estate. You have proven analytical skills sufficient to interpret complex issues and develop innovative solutions to address the challenge of modernizing workplaces to support changing workstyles. You understand the importance of the workplace in supporting the culture, strategy, and purpose of the business. You have multiple years of work experience, preferably in a real estate function in a large organization and have a degree in Business, Finance or related field. It is an asset if you have an MBA or other advanced degree.

• You act like an owner. You thrive when you're empowered to take the lead, go above and beyond, and deliver results. You maximize value and investment returns.

• You give meaning to data. You enjoy investigating complex problems and making sense of information. You're confident in your ability to communicate detailed information in an impactful way.

• You understand that success is in the details.You notice things that others don't. Your critical thinking skills help to inform your decision making.

• You're driven by collective success. You know that collaboration can transform a good idea into a great one. You understand the power of an inclusive team that enjoys working together to bring a shared vision to life.

• Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

• We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

• Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

• We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

• CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact [e-mail]

• CIBC is committed to clarity in our hiring process. All roles posted are opportunities we’re actively recruiting for, unless stated otherwise.

• You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

• We may ask you to complete an attribute-based assessment and other skills test (such as simulation, coding, French proficiency).

• We use artificial intelligence tools during the recruitment process. Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

Toronto-81 Bay, 33rd Floor

Employment Type

Regular

Weekly Hours

37.5

Skills

Analytical Thinking, Budget Processes, Client Service, Communication, Contract Performance Management, Hiring, Innovation Strategies, Leadership, People Management, Procurement Services, Real Estate, Strategic Objectives, Vendor Contract Negotiations