Transaction Manager

Transaction Manager

Full-Time 60000 - 80000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage real estate transactions and negotiate leases for New York City agencies.
  • Company: Join DCAS, a key player in New York City's government operations.
  • Benefits: Competitive salary, loan forgiveness programs, and a diverse work environment.
  • Why this job: Make a real impact on the future of New York City while developing your career.
  • Qualifications: Experience in real property management and strong negotiation skills required.
  • Other info: Opportunities for growth and a commitment to equity and sustainability.

The predicted salary is between 60000 - 80000 ÂŁ per year.

DCAS's mission is to make city government work for all New Yorkers. From managing New York City’s most iconic courthouses and municipal buildings, to purchasing over $1 billion annually in goods and services for more than 80 City agencies, what we do ensures that all agencies can deliver on their mission. Our reach touches every facet of city government and is instrumental to the successful day‑to‑day operations of the City of New York.

Our Commitment To Equity, Effectiveness And Sustainability Guides Our Work Providing City Agencies With The Critical Resources And Support Needed To Succeed, Including:

  • Recruiting, hiring, and training City employees.
  • Managing 55 public buildings.
  • Acquiring, selling, and leasing City property.
  • Purchasing over $1 billion in goods and services for City agencies.
  • Overseeing the greenest municipal vehicle fleet in the country.
  • Leading the City’s efforts to reduce carbon emissions from government operations.

When you work at DCAS, you’re not just working for one agency, but in service of them all. It’s an opportunity to provide impactful support, quality customer service, and help protect the future of New York City for generations to come. Visit our website at nyc.gov/dcas to learn more about the work we do.

The Real Estate Services (RES) division of DCAS supports the operations of the government of the City of New York by providing services for the City’s real estate needs. RES is responsible for the space planning and management of 37 million square feet, citywide acquisitions (lease or purchase), sales and other dispositions of city‑owned real estate, architectural design and project management, zoning and land use analyses, disposition of 15,000 city‑owned lots, property valuation, and financial analysis of real estate transactions.

The RES Leasing & Acquisitions Unit is responsible for finding space for City agency operations and negotiating leases and purchases on behalf of the City. The transactions must satisfy the client agency's requirements and must conform to the City's policies and procedures.

We are seeking to hire one Leasing Transactions Manager. Responsibilities include:

  • Identify site(s) deemed suitable to satisfy the program requirements for the client agency's location and program requirements, and prepare market analysis reports, either individually or using Tenant Representatives.
  • Negotiate cost‑effective commercial leases and licences on behalf of the City, as Tenant, and in its best interest either individually or using Tenant Representatives.
  • Prepare and maintain project schedules either individually or using Tenant Representatives.
  • Initiate and maintain project status reports in DCAS Real Estate Services data systems for assigned projects.
  • Communicate with client agencies on a timely basis to keep the client fully informed on project status, next steps, potential or existing problem issues, budgets, and risk mitigation.
  • Manage the development and timely completion of required legal documents such as leases, licences, renewals, notices, etc. using in‑house counsel.
  • Communicate with supervisors and other Real Estate Services staff to ensure projects are completed on time, within budget and meeting the program needs of the client agencies.
  • Partner with Real Estate Services’ Design and Project Management (D&PM) unit to ensure that everything required to successfully negotiate a term sheet with the Landlord is completed on time and a lease is fully executed to satisfy the client agency requirements.
  • Maintain effective project management and efficient control of the entire leasing process for client agencies.
  • Confer and partner with a variety of internal stakeholders, including the Mayor’s Office, Office of General Counsel, Comptroller’s Office, City Council, and City Planning, among others, to satisfy client agency requirements and mayoral real property initiatives.
  • Effectively communicate and promote the client agency’s real property interests to external stakeholders, including local community boards, elected officials, and community organizations, among others.
  • Provide time‑sensitive and accurate transaction‑related data to support the acquisition of Section 195 and Section 197(c) approvals as mandated by the New York City Charter. This may include public testimony regarding the acquisition of real property on behalf of the City.
  • Prepare ARC packages and all other required documentation, and present to OMB for transaction approval.

Minimum Qualifications:

  • A four‑year high school diploma or its educational equivalent and six years of satisfactory, full‑time, progressively responsible experience in real property management, at least 18 months of which must have been in a managerial capacity involving the supervision of a large staff of property management agents and/or housing development specialists and requiring independent decision‑making concerning program management or planning, allocation of resources and the scheduling and assignment of work.
  • A baccalaureate degree from an accredited college and four years of experience described above, including eighteen months of experience in managerial capacity.
  • A satisfactory combination of education and/or experience equivalent to items 1 or 2 above. However, all candidates must have eighteen months of managerial experience.

Preferred Skills:

  • Demonstrated knowledge of the New York City commercial real estate market and commercial leasing experience.
  • Exceptional analytical and project management skills.
  • Detail‑oriented and flexible to reprioritise projects and deliverables frequently.
  • Ability to meet tight deadlines and set expectations to a variety of internal and external stakeholders on a continuing basis.
  • Strong oral and written communication skills.
  • Familiarity with design & construction process.
  • Excellent negotiation, presentation, and organisational skills.
  • Familiarity with City of New York processes, rules, and regulations.
  • Understanding of corporate processes, policies, procedures, and governance.
  • Good interpersonal and customer relationship management skills.

This position is also open to qualified persons with a disability who are eligible for the 55‑a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55‑a Program.

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website.

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic.

Transaction Manager employer: NYC Citywide Administrative Services

At DCAS, we pride ourselves on being an exceptional employer dedicated to serving the diverse needs of New Yorkers. Our inclusive work culture fosters collaboration and innovation, providing employees with ample opportunities for professional growth and development while contributing to the sustainability and effectiveness of city operations. Join us in making a meaningful impact on the future of New York City, where your work directly supports vital public services and community well-being.
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Contact Detail:

NYC Citywide Administrative Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Transaction Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the real estate sector and let them know you're on the hunt for a Transaction Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of the New York City commercial real estate market. Be ready to discuss recent trends and how they could impact the role. Show them you’re not just another candidate, but someone who’s genuinely interested in making a difference!

✨Tip Number 3

Practice your negotiation skills! Since the role involves negotiating leases and purchases, consider role-playing scenarios with a friend. This will help you feel more confident and articulate during the actual interview.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining DCAS and contributing to the city’s mission. Let’s get you that job!

We think you need these skills to ace Transaction Manager

Real Property Management
Commercial Leasing
Negotiation Skills
Project Management
Analytical Skills
Communication Skills
Attention to Detail
Interpersonal Skills
Customer Relationship Management
Knowledge of New York City Commercial Real Estate Market
Familiarity with Design & Construction Process
Understanding of Corporate Processes and Governance
Ability to Meet Tight Deadlines
Flexibility in Prioritising Projects

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your resume and cover letter to highlight your experience in real property management and any relevant managerial roles. We want to see how your skills align with the responsibilities of the Leasing Transactions Manager position.

Showcase Your Skills: Don’t forget to emphasise your analytical, project management, and negotiation skills. These are key for this role, so give us examples of how you've used them in past experiences to make an impact.

Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key achievements stand out. This helps us quickly see why you’d be a great fit!

Apply Through Our Website: Remember to submit your application through our official website at nyc.gov/jobs. It’s the best way to ensure your application gets to us directly, and we can’t wait to hear from you!

How to prepare for a job interview at NYC Citywide Administrative Services

✨Know Your Stuff

Before the interview, dive deep into the specifics of the New York City commercial real estate market. Familiarise yourself with recent trends, key players, and any relevant policies that could impact the role of a Transaction Manager. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the position.

✨Showcase Your Negotiation Skills

Since negotiating leases is a big part of this role, prepare examples from your past experiences where you successfully negotiated terms. Be ready to discuss your approach, the challenges you faced, and how you overcame them. This will demonstrate your capability and confidence in handling similar situations for the City.

✨Communicate Clearly

Effective communication is key in this role, especially when liaising with various stakeholders. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask during the interview that reflect your understanding of the role and its responsibilities.

✨Be Ready for Scenario Questions

Expect scenario-based questions that assess your problem-solving and project management skills. Think about potential challenges you might face as a Transaction Manager and how you would address them. This preparation will help you respond confidently and showcase your analytical abilities.

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