Program Manager, Real Estate Dvpmt & Commercial Strategy
Irving, TX - USA
Job Summary
If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader take a look at the exciting employment opportunities that are currently available and apply online.
Job Summary
Program Manager Real Estate Development & Commercial Strategy is a senior individual contributor responsible for advancing complex real estate and commercial matters supporting the companys development portfolio. Reporting to the Senior Director of Real Estate and Land Management this role independently evaluates corporate development opportunities identifies and mitigates risk develops and recommends real estate strategies coordinates complex transactions and negotiations and resolves commercial issues affecting project advancement.The Program Manager works closely with Development Construction Legal Finance Strategy Engineering Environmental and other business functions to translate project objectives into executable real estate strategies. This role requires strong commercial judgment strategic thinking negotiation skills and the ability to independently manage high-priority matters with limited oversight while appropriately escalating significant business decisions and risks.
*** This position may be based at any of our established Vistra sites or offices***
Job Description
Key Accountabilities
Manage development project deliverables ensuring financeability and insurability are achieved
Develop and execute real estate strategies and commercial positions based on project objectives economics valuation market conditions contractual rights and risk; lead negotiations with landowners and other counterparties
Optimize complex real estate transactions and commercial initiatives supporting corporate growth and development projects including site control acquisitions easements crossing agreements and other strategic real estate matters
Independently identify evaluate and resolve complex real estate and commercial issues affecting project viability schedule cost risk or value providing clear recommendations and escalating significant decisions as appropriate
Collaborate with cross-functional real estate workstreams with Development Strategy M&A Legal Finance Construction Operations Environmental and other stakeholders to advance priority projects and provide strategic analysis and decision support to Real Estate leadership
Education Experience & Skill Requirements
Bachelors degree in real estate business finance economics energy land management or related discipline or equivalent relevant experience
7 years of relevant corporate or commercial real estate energy land or infrastructure development experience with demonstrated responsibility for complex transactions or development matters
Strong knowledge of real estate transactions site control contracts valuation due diligence negotiations and development-related commercial considerations; corporate energy or infrastructure development experience strongly preferred
Proven ability to independently coordinate complex matters with limited oversight exercise sound judgment prioritize competing objectives and recognize when issues require leadership escalation
Strong negotiation commercial influence communication and executive presentation skills with demonstrated ability to work effectively across business functions and with external counterparties
Ability to understand broader project-development objectives and economics and translate them into effective real estate strategies and profitable commercial outcomes.
This position may be based at any of our established Vistra sites or offices
Key Metrics
Successful advancement of priority development projects and transactions including achievement of critical real estate and commercial milestones
Commercial value and risk management demonstrated through effective transaction structures negotiations recommendations and resolution of complex issues
Effectiveness of cross-functional execution including timely resolution of issues affecting project viability schedule cost or strategic objectives
Demonstrated ability to independently manage complex high-priority matters with appropriate judgment accountability and escalation
Job Family
FacilitiesCompany
Vistra Corporate Services CompanyLocations
Luminant Real EstateTexasIt is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment including in selection for job opportunities without regard to race color religion sex sexual orientation gender identity pregnancy national origin age disability genetic information military service protected veteran status or any other consideration protected by federal state or local laws.
Required Experience:
IC