KEESLER FEDERAL CREDIT UNION is seeking to select a VP- Corp Real Estate to join our TEAM!
Do you thrive in an environment where you are surrounded by a team that is driven, dedicated and authentic?
Do you think of advancing your career while being able to make a positive impact?
Are you ready to join a team that will celebrate your accomplishments and hold you up when you need support?
CAREER OPPORTUNITY SUMMARY
Keesler Federal Credit Union is seeking YOU... an experienced strategic leader with an established forward-focused outlook to join our team as the VP- Corp Real Estate. In this role you will responsible for construction management, asset optimization and executing the credit union’s expansion plans. Reporting to the CFO, the VP of Corporate Real Estate plays a pivotal role in managing real estate transactions including the company’s land and fixed assets, whether owned or leased.
ONE TEAM PHILOSOPHY
We are a diverse and inclusive company with over 800 team members. Our CEO will be the first to tell you….” Here at Keesler Federal Credit Union, we are ONE TEAM, committed to excellence.” The Keesler Federal Credit Union team has over 75 years of service to over 300,000 members worldwide. We are the largest credit union in Mississippi, with over $4 billion in assets. Keesler Federal Credit Union has received the honor of Mississippi’s Top Rated Credit Union 4 years in a row by Forbes Magazine. We have 40 full–service branch locations covering MS, LA, AL, and three RAF base locations in the United Kingdom.
THE SECRET COAST
The beautiful Mississippi Gulf Coast, also known as “The Secret Coast,” is 26 miles of sugar-white beaches surrounded by unique coastal communities. We are a cultural melting pot that takes pride in our genuine hospitality and warm welcomes. A cornerstone of the community is the mouth-watering expertly prepared cuisine, from fresh gulf seafood to surprising international delights. Now, if that isn’t enough, there are a variety of attractions such as museums, festivals, world-class gaming, and championship golf courses. Boating, kayaking, fishing, and hiking are just a few of the options for outdoor adventures, and if you’re in the mood for a quick weekend getaway, we are a short drive to New Orleans or coastal destinations in Alabama & Florida; the choice is yours.
Compensation
An excellent competitive compensation package will be offered to the selected candidate.
Keesler Federal Credit Union team members enjoy competitive salaries and a wide range of benefits, some of which include:
- Medical, dental, and vision insurance
- Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
- Employee and Dependent Life Insurance
- 401(k) Retirement Plan with 100% match on the first 5% contributed by you
- Paid Leave
- Employee Assistance Program
- Tuition Reimbursement
- Short Term & Long Term Disability Benefits
Position: Vice President – Corporate Real Estate
Department: Facilities
Reports To: Chief Financial Officer
FLSA: Exempt
SUMMARY:
The VP of Corporate Real Estate is a key leadership position responsible for construction management, asset optimization and executing the credit union’s expansion plans. Reporting to the CFO, the VP of Corporate Real Estate plays a pivotal role in managing real estate transactions including the company’s land and fixed assets, whether owned or leased. Provides strategic direction, operational management, and administrative direction of the Corporate Real Estate department. Responsible for negotiating and drafting agreements for real property transactions; requiring familiarity with best practices in lease structures, including ground leases, office leases and various financial structures. Ensures organizational adherence to Corporate Real Estate policy & procedures. Manages the strategic plan for the real property holdings of Keesler Federal, identifying and capitalizing on opportunities that align with the credit union’s goals.
SUPERVISORY RESPONSIBILITIES:
The VP of Corporate Real Estate oversees Facilities & Maintenance, Procurement and Supply, Project & Assets Management and Corporate Real Estate. Carries out supervisory responsibilities under the organization's policies and procedures, strategic plan, and applicable federal, state, and local laws. Comprehensive supervisory responsibilities entail overseeing the entire employee lifecycle, from interviewing, selecting, and hiring candidates. Additional supervisory responsibilities encompass performance management, coaching, and implementing appropriate rewards, promoting, transferring, resolving problems, and fostering a positive work environment. The expectations are to maintain a well-trained high performing staff by creating an environment of development through developing staff and teaching them how to develop their staff.
ESSENTIAL FUNCTIONS:
- Plays a strategic role in expanding our branch network, operations centers, and corporate facilities to support our growth initiatives. This involves identifying suitable locations, negotiating deals, and managing the development process.
- Responsible for managing and optimizing the performance of the credit union’s real estate assets. This includes ensuring properties are well-maintained, delivering value and aligning with the credit union’s overall asset management strategy.
- Oversees Construction Management, this includes the planning, design, and construction of new branches, operations centers, and corporate facilities.
- Collaborates cross functionally to ensure seamless integration of real estate decisions with daily operations.
- Establish the direction, goals, implementation strategy, and policies of the Corporate Real Estate functions to ensure that business practices within the department conform with company, state, federal and other relevant laws and regulations.
- Translate strategic and tactical business plans into operational plans, making operational decisions within defined parameters.
- Provides leadership and direction; planning, developing, managing, and administering business operations of our Corporate Real Estate; directing and controlling real estate programs to assure accountability for the allocation of resources and results.
- Through a team of Leaders and Managers, directs the activities of Facilities Construction & Maintenance, Facilities Project & Assets Management, and Purchase & Supply to ensure a trained, motivated, and professional staff capable of providing effective and efficient service delivery. Develops action plans to correct any noted deficiencies.
- Ensures that construction projects remain within approved budget allocations.
- Responsible for business continuity of critical facilities and risk mitigation due to the potential damage and disruption of services caused by hurricanes and other natural disasters.
- Monitor occupancy and construction costs through benchmarking with an understanding of industry best practices to reduce or maintain expenses while providing high-quality services.
- Keeps abreast of and is proactive on all ADA, OSHA, and safety regulatory requirements.
- Manages and negotiates real estate transactions, including planning and feasibility analyses, purchases, dispositions, easements, and leases, with expert contracting advice, coordinating closely with CFO and other executive leaders.
- Performs property management of key assets.
- Works with Compliance and Risk on transactional documents for the acquisition/disposition of real estate in coordination with attorneys and professionals involved in the transactions. Consummates transactions within delegated authority or recommends approval when a transaction exceeds authority delegated to the position.
- Oversees preparation of bid packages, property positioning, ordering appraisals, advertising, escrow closing, title reports, surveys, etc.
- Performs and oversees market studies and property/financial analysis and appraisals as needed. Ensures due diligence with specific responsibility for market value and title.
- Assists with the disposal of property and assets, works with brokers, conducts book value versus market value analytics.
- Provides oversight & input to the Facilities & Construction Department, Internal and External project managers, FF&E coordinators, and move management functions.
- Oversees hires for Architects, Engineers, General Contractors, or Design-Build Firms as needed for space planning and construction projects.
- Oversees building and facility vendor management providers, both internal and external contracts.
- Reviews and approves within financial authority level all project invoices and tracking contract costs per standard template.
- Provide executive level reporting using analytics & insights - through systems, tools, processes, and business understanding, deliver proactive and actionable analytics & insights in support of planning and execution.
- Participate as a key thought leader, influencing decision-making, identifying priorities, and managing (both directly and indirectly) staff in multiple locations.
- Take ownership of performance management for the business including identifying and reporting KPIs which are linked to company strategy and drive positive actions.
- Executive leader of strategic projects to improve operations and capabilities.
- Periodic travel to locations within the CONUS branch and office area will be conducted for both site searches and to evaluate the current needs of each location.
- Performs other duties as may be assigned.
KNOWLEDGE & SKILLS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below represent the required knowledge, skills, and/or abilities. Reasonable accommodations may enable individuals with disabilities to perform the essential functions.
Education:
- Bachelor's degree in Business, Construction or combination of equivalent experience and certification.
- Certification in Facilities Management through a professional organization is preferred.
- Certification in Construction Project Management is preferred.
Experience and Other Requirements:
- Six (6) years of progressively responsible relevant experience, which includes at least three (3) years of managerial experience.
- At least three (3) years of senior level practical and managing experience in real estate or a closely related field.
- Work experience in financial services real estate transactions a plus.
- Experience negotiating corporate real estate transactions and drafting contractual documents.
- Demonstrated expertise in real estate principles and practices.
- Must possess superior analytical, communication, interpersonal, and management skills.
- Ability to effectively present information and respond to questions from executives including Board of Directors, regulatory agencies, and the general public.
- Solid understanding of data analysis and use of metrics.
- Ability to diagnose operational issues quickly.
- Ability to work collaboratively; act discretely and tactfully and handle sensitive and confidential information; manage/lead conflict resolution.
- Demonstrated ability to develop strong and effective working relationships with key stakeholders, both internal and external to the business unit.
- Demonstrated experience with how real estate decisions impact daily operations and member experience.
- Familiarity with best practices in lease structures, including ground leases, office leases and various financial structures.
Computer Skills:
- Ability to operate a PC with a high level of proficiency in Microsoft applications, including Word, Excel, PowerPoint, and Publisher.
- Must be proficient in using e-mail and the internet.
Interpersonal Skills:
A significant level of trust and diplomacy is required in addition to normal courtesy and tact. Work involves extensive personal contact with others and is usually of a personal or sensitive nature. Work may involve motivating, influencing, or training others. Outside connections become essential and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Certificates, Licenses, and Registrations:
Certified Facility Manager (CFM) preferred
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, stand, walk; talk and hear; use hands to finger, handle or feel objects, tools or controls; and reach with hands and arms. The employee is occasionally required to stoop, kneel, crouch or crawl and lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, and the ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Extensive use of personal computer is required. The noise level in the work environment is usually that of a normal office environment.
DECLARATION
The Human Resources Department retains the sole rights and discretion to make changes to this job description.
#HPIND
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
