New York PJM Managing Director Job ID 197028 Posted 17-Dec-2024 Service line GWS Segment Role type Full-time Areas of Interest Construction, Development, Project Management Location(s) Astoria - New York - United States of America, Bridgewater - New Jersey - United States of America, Bronx - New York - United States of America, Brooklyn - New York - United States of America, Cranford - New Jersey - United States of America, Greenwich - Connecticut - United States of America, Harlem - New York - United States of America, Hoboken - New Jersey - United States of America, Huntington - New York - United States of America, Jersey City - New Jersey - United States of America, Long Island City - New York - United States of America, Manhattan - New York - United States of America, Maplewood - New Jersey - United States of America, New Haven - Connecticut - United States of America, New York - New York - United States of America, New York City - New York - United States of America, Newark - New Jersey - United States of America, North Stamford - Connecticut - United States of America, Pennington - new Jersey - United States of America, Port Washington - New York - United States of America, Queens - New York - United States of America, Queens Village - New York - United States of America, Ridgewood - New Jersey - United States of America, Saddle Brook - New Jersey - United States of America, Sayville - New York - United States of America, Stamford - Connecticut - United States of America, Staten Island - New York - United States of America, Tarrytown - New York - United States of America, The Bronx - New York - United States of America, White Plains - New York - United States of America **About the role** As a Project Management Market Director, you will coordinate and lead all aspects of the Advisory Project Management business for the New York market. This includes supporting CBRE's Advisory and Transaction and all other brokerage firms’ attached business, as well as driving growth in third party (non-attached) business. The Director is responsible for financial, operational and team execution and performance and will be responsible for acquiring and managing highly visible construction projects and ensuring projects are designed and completed in accordance with an approved project design, budget, and schedule pursuant to client needs. The preferred candidate should have experience and knowledge of brokerage activities, including site selection, general market analysis, lease reviews, site walks, budget and schedule preparation, construction and installation methodologies, planning and scheduling processes, contract terms, local entitlements building codes, and financial reporting. This role requires a strong connection and good understanding to the local real estate market, effective communication skills and the ability to build relationships across multiple service lines, develop new business and generate additional business from an existing client base. The appointed Director will be leading a cohesive team dedicated to the ongoing improvement and growth of the business success. They should possess pre-existing relationships within the commercial design and construction industries in New York. Expectation is to be on-site in the NY (Midtown) office in a hybrid capacity. **What you’ll do** Manage the financial performance of the New York market, program, and client accounts, including budgeting, actual results, reporting, and forecasting. Take charge of billing, (including documentation required for revenue recognition), accounts receivable, collections, expense monitoring and control, staffing (including allocation, if applicable) and full P&L to EBITDA before all allocations. Engage regularly with client(s) to ensure that goals and objectives are established and achieved. Develop and implement action plans to address any deviations. Anticipate and respond to the client's needs and concerns. Effectively manage and direct project management staff in the market, ensuring comprehensive staff understanding and implementation of operations, policies, and procedures. Take the lead in supervising individual employees and/or subordinate supervisors. Identify performance tracking, mentoring, training needs, and motivating direct reports and work group. You may have direct or indirect accountability for hiring, terminations, compensation, and performance evaluations of direct reports, and your work group. Direct all phases of project management including procurement/contracting, initiation, planning, execution, monitoring, controlling, and closeout phases of the project. Key focus areas include scope, budget, schedule, quality, and risk management. Develop new business growth and maintain existing business relationships, both internally and externally. Responsible for business pursuits (both internal and external), integration and collaboration with other CBRE business lines, and cross-selling our CBRE business in the assigned geographic market, program or client accounts to achieve the company's strategic business objectives. Exhibit a complete understanding of company's corporate governance policies and procedures. Ensure corporate governance policies and procedures are adhered to within work group. Responsible for timely, accurate, and compliant contract procurement, contract negotiation, contract execution, contract administration, and closeout. Contracts include company's agreements, client/vendor agreements, company/vendor and supplier agreements. Monitor adherence to policies and procedures regarding internal governance and controls. Exhibit capability in identifying complex project risks, conducting constructability reviews, formulating risk mitigation and contingency plans, and implementing action plans to mitigate, reduce or remove project risks for our clients and the company. Coordinate the preparation of accurate, timely, and complete reports to the clients and company. Participate in civic and business organizations. Conduct and maintain relationships with industry and trade associates, vendors, and professional organizations. Other duties as assigned. **What you’ll need** Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. + A Bachelor’s Degree and a minimum of eight years of comprehensive experience in commercial real estate project management, including direct involvement in reviewing leases with a transaction mindset. + Ideal candidate will have direct P&L responsibility, leading and developing teams, and possess a Firm-first mentality, intent on growing and developing the business, the platform, and people. + Prospective candidates should be able to bring to bear their existing relationships in order to drive and acquire business. A background in the general contracting or architectural fields is highly preferred. + Experience in leading a diverse workforce including project management, operations, sales, finance, and brokerage teams. + A solid understanding of the real estate industry in the areas of financial analysis, project management, construction, ethical practices, business operations, marketing and business development, and people management and team excellence. **Why CBRE?** CBRE has a culture of respect, integrity, service, and excellence that defines our approach to every opportunity. CBRE offers excellent and comprehensive benefits including Health Insurance, 401(K), Dental, Vision, Life insurance, and more! + **FORTUNE** 500 #126 + **FORTUNE** Most Admired Company #1 in real estate for third consecutive year; **Ten** years in a row on the list! + **Forbes Named** one of the best large employers in America and one of the World's Best Employers! **Disclaimer:** _Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend will be consolidated into a single global business entity. As a candidate applying for a position, you should be aware that while your initial employment may be with CBRE Project Management, you will subsequently transfer to the newly formed entity that encompasses both organizations._ CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the New York PjM Managing Director position is $265,000 annually and the maximum salary for the New York PjM Managing Director position is $315,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance. **Equal Employment Opportunity:** CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. **Candidate Accommodations:** CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada). **NOTE:** Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter. CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)