Job Information
Merck Americas Transaction Lead in Rahway, New Jersey
Job Description
Position Description:
Americas Transaction Lead
The Associate Director of Real Estate – Americas Transactions Lead will be a key member of the Global Real Estate team which serves as a strategic partner to the company around the world. The role is focused on our Americas portfolio. The role requires someone with skills in relationship management, real estate strategy/planning and transactions.
The role will build strong relationships with our company’s Facility Management organization, regional finance leaders, business and will be their primary point of contact for real estate portfolio and transactions strategy. All real estate transactions require approval by our Company’s senior leadership and the Associate Director role will work closely with the Real Estate leadership and Facilities Management to develop solid business cases which will include the appropriate input from Global Real Estate functional and external experts.
By engaging in regularly cadenced meetings with cross functional partners regarding the real estate strategy and documenting the same, the associate director will be able to ensure that the business cases are prepared with enough lead time to allow for full financial vetting and design evaluation without negatively impacting required delivery dates.
The Associate director will engage with our company’s global real estate service partner to monitor selected markets, identify good site options and/or conduct due diligence. The Associate Director will also work closely with the real estate Leadership, Occupancy Planning, and Regional Legal leads to support the contract negotiations.
Key Relationships
Real Estate Leadership, Facilities Management Leadership, Regional Change Managers, Regional Facility Management Leads, Regional Finance Leads, Regional Global Security Leads, Regional EHS leads
The ideal candidate is a professional in real estate working in a role that requires them to influence outcomes in a multinational environment. Ideally this candidate will have experience in the geographies which they would be responsible for in this position.
The candidate is a creative thinker with strong financial acumen in terms of understanding how real estate deals can affect the P&L of a publicly traded company.
The candidates should have a solid and well-established track record of analytical and client facing positions and have at least 8 years of Real Estate related experience including dealing with business leaders at a reputable multinational life science company
The successful candidate must have a strong understanding of complex real estate transactions and demonstrate clear strength in strategic portfolio planning and exceptional client engagement skills. A proven track record showing strong communications skill is also required. Previous experience with US headquartered organizations is also an advantage.
The successful individual will have a personality and mind-set that would thrive in our company’s culture which requires a high degree of flexibility, agility, ability to operate effectively in a matrix and a “Get it done” attitude.
Responsibilities
Driving the development of multiple disciplinary real estate solutions for business challenges and initiatives across the Americas Portfolio.
Driving Americas real estate planning process to develop short, medium, and long-term solutions that support business strategies.
Developing and maintaining excellent relationships with international business leaders across Americas.
Collecting, consolidating, and disseminating key business data and intelligence to aid Global Real Estate Services in the development of overall portfolio strategy and operational plans.
Using comprehensive analysis that draws on the expertise of various subject matter experts and other Global Real Estate Services team members as well as business input to develop solutions to business issues to proactively identify opportunities for the business to lower real estate costs or improve portfolio effectiveness.
Ensuring that Global Real Estate Services leadership is up to date on all information and status of ongoing initiatives (this includes maintaining a weekly briefing report to summarizes all activities and progress ongoing efforts.
Ensuring that Global Real Estate Services transaction strategy is aligned with business strategy and portfolio planning strategy and ensuring that the transactions that are executed conform to the agreed upon strategy.
Position Qualifications :
Education Minimum Requirement:
- Bachelor’s degree in real estate, business, finance/accounting; or a related area is required. Graduate degree in Real Estate is preferred
Required Experience and Skills:
Requires 8 years + of real estate related experience in the life sciences sector, including an understanding of discounted cash flow analysis
Experience in leading real estate transactions from inception to completion, including complex lease negotiations, property acquisitions, dispositions, and lease renewals
Experience in roles requiring a consultive approach and relationship building with clients
Preferred Experience and Skills:
- Experience with laboratory and industrial real estate transactions
Skills and competencies
Excellent client engagement and relationship building skills
An analytical approach to problem solving and the ability to rapidly evaluate and distill key information
Demonstrate ability to successfully manage competing priorities
Demonstrated ability to think strategically while identifying tactical requirements necessary to achieve our company’s objectives
Excellent verbal and written communication skills to interface effectively with clients, colleagues, external council, landlords and senior management
Ability to influence outcomes through well-reasoned approach that combines strong analytics and excellent communication
Ability to work both independently and within a team environment
Ability to manage conflict constructively and effectively
Excellent active listening skills
Pragmatic approach to problem solving and deal structuring
The highest level of personal and professional integratory
NOTICE FOR INTERNAL APPLICANTS
In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.
If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.
Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.
Current Employees apply HERE (https://wd5.myworkday.com/msd/d/task/1422$6687.htmld)
Current Contingent Workers apply HERE (https://wd5.myworkday.com/msd/d/task/1422$4020.htmld)
US and Puerto Rico Residents Only:
Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here (https://survey.sogosurvey.com/r/aCdfqL) if you need an accommodation during the application or hiring process.
We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights (https://www.eeoc.gov/sites/default/files/2022-10/22-088_EEOC_KnowYourRights_10_20.pdf)
EEOC GINA Supplement
Pay Transparency Nondiscrimination (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.
Learn more about your rights, including under California, Colorado and other US State Acts (https://www.msdprivacy.com/us/en/CCPA-notice/)
U.S. Hybrid Work Model
Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, generally Tuesday, Wednesday and either Monday or Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as “remote”.
Under New York State, Colorado State, Washington State, and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate’s relevant skills, experience, and education.
Expected salary range:
$122,800.00 - $193,300.00
Available benefits include bonus eligibility, health care and other insurance benefits (for employee and family), retirement benefits, paid holidays, vacation, and sick days. For Washington State Jobs, a summary of benefits is listed here (https://www.benefitsatmerck.com/) .
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
Regular
Relocation:
No relocation
VISA Sponsorship:
No
Travel Requirements:
25%
Flexible Work Arrangements:
Hybrid
Shift:
1st - Day
Valid Driving License:
No
Hazardous Material(s):
n/a
Job Posting End Date:
06/4/2024
*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Job Posting End Date: 06/04/2024
A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Requisition ID: R294830