Managing Director, Asset Services

Cushman & Wakefield; New York (NY); On-site; USD 191,000 - 225,000; Full time

Job summary

An established industry player is seeking a Managing Director for Asset Services in New York. This pivotal role involves driving business growth, enhancing client relationships, and ensuring operational excellence. With a focus on financial acumen and leadership, the successful candidate will navigate complex property management challenges while fostering a high-performing team. This role offers a unique opportunity to make a significant impact in a dynamic environment, where your expertise will be valued and rewarded. Join a forward-thinking company committed to excellence and innovation in the real estate sector.

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Flexible Spending Accounts

Retirement Savings Plans

Life Insurance

Disability Insurance

Paid Time Off

Unpaid Time Off

Qualifications

• 15+ years of commercial property management experience.
• Proven experience in developing and motivating team members.
• Extensive experience in negotiating commercial lease agreements.

Responsibilities

• Create value through new business growth in Asset Services.
• Negotiate property management agreements with clients.
• Deliver financial results with P&L responsibility.

Skills

Financial Acumen

Customer Focus

Communication Proficiency

Time Management

People Management

Business Development

Leadership

Education

Bachelor’s Degree in Business Administration

Job description

Managing Director, Asset Services page is loaded

Managing Director, Asset Services

Apply remote type On-Site locations New York, New York, USA time type Full time posted on Posted 2 Days Ago job requisition id R271517

Job Title

Managing Director, Asset Services

Job Description Summary

Job Description

ESSENTIAL FUNCTIONS AND 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

KEY COMPETENCIES
1. Financial Acumen
2. Customer Focus (internal and external)
3. Communication Proficiency (oral and written)
4. Time Management Skills
5. People Management Skills
6. Business Development
7. Leadership

IMPORTANT EDUCATION
• Bachelor’s Degree in Business Administration or related discipline

IMPORTANT EXPERIENCE
• 15+ years commercial property management and/or executive level leadership experience
• Extensive experience in analysing and negotiating commercial lease and/or contract language
• Proven experience in identifying, developing, and motivating team members
ADDITIONAL ELIGIBILITY QUALIFICATIONS
• CPM and/or RPA designation
• 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 and who has a proven track record in generating new business
• Professional industry designation and active participation/leadership in local and national chapters preferred
• Actively involved at the leadership level in charitable organization(s)

WORK ENVIRONMENT
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery.

AAP/EEO STATEMENT
C&W provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed and employees during employment are treated without regard to any of these characteristics. Discrimination of any type will not be tolerated.

OTHER DUTIES
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

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.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $191,250.00 - $225,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [e-mail] . Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield”

About Us

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a global leader in real estate services, leveraging our specialized expertise to deliver innovative solutions and exceptional value to owners and occupiers. With 52,000 employees in nearly 400 offices across 60 countries, we are one of the largest firms in the industry, with more than 100 years of history. In 2023, we generated $9.5 billion in revenue from our core services. To learn more, visit www.careers.cushmanwakefield.com .