About the job
Employee Status: Regular
Bargaining Unit: Non-Union
Location: 20 Bay Street
Closing Date: 29-Mar-2021
Metrolinx is connecting communities across the Greater Golden Horseshoe. Metrolinx operates GO Transit and UP Express, as well as the PRESTO fare payment system. We are also building new and improved rapid transit, including GO Expansion, Light Rail Transit routes, and major expansions to Toronto’s subway system, to get people where they need to go, better, faster and easier. Metrolinx is an agency of the Government of Ontario.
We embody our values in everything that we do. We Serve with Passion, Think Forward, and Play as a Team. If you can relate, we want to hear from you!
Reporting to the Chief Legal Officer, the Chief Development Officer is responsible to oversee Metrolinx’s complex strategic land acquisition, management, disposition and development strategy by driving continuous improvement within the organization and supporting city building within the region.
The Chief Development Officer will ensure the effective management of Metrolinx’s real property assets, and also oversees the development, implementation and performance of the Transit Oriented Communities (TOC) program through the oversite of strategic transactions relating to TOC opportunities for the Province that increase transit ridership and reduce traffic congestion, increase housing supply and jobs, catalyze complete communities based on good planning principles and offset the cost of station construction to save tax payers’ money.
What will I be doing?
- Leading the Realty function, including commercial transaction teams; service strategic land dispositions and the operation and administration of its real estate properties and assets, in accordance with overall business strategy; and has accountability for real estate asset management
- Directing and guiding the identification of opportunities and roadblocks; applies significant political acuity and relationship management to ensure risks are detected, assessed, mitigated and/or eliminated; oversees continual strategy assessment/adjustment to minimize risk and maximize opportunity.
- Overseeing deal structuring in real estate transactions and represents TOC interests in negotiation of large, complex development agreements, with senior executives of private sector corporations, land developers, government organizations and communities for large scale real estate land development which will have a significant economic and social impact.
- Providing advice to the Board of Directors and Real Estate Committee based on comprehensive research, sound land use planning and forecasting and provides regular status update reports as required. The Chief Development officer will also chair the Real Estate Committee of the Board.
- Overseeing the development and socialization of select TOC proposals and supports business cases with high-level internal and external stakeholders, successfully take TOC transactions to market or respond to unsolicited market initiatives, and ultimately close them in coordination with broader transit infrastructure procurements
- Developing and sustaining relationships with related professional and industry associations to stay informed of emerging regulations, legislation, innovation, and best practices
- Supporting the President & CEO in the development of sound and innovative transit-oriented communities and management of the real estate portfolio.
- Establishing processes, controls and measures to maximize operating performance, manage expense allocation, and ensure overall fiscal responsibility to achieve financial goals; supports the CEO and CFO in the development of regular financial reports for the Division
What skills & qualifications do I need?
- Completion of a degree in Architecture, Planning, Real Estate, Business and/or related discipline or a combination of education, training and experience deemed equivalent; Master’s degree would be an asset.
- Minimum fifteen (15) years’ senior management experience leading and developing corporate strategy in a similar function, preferably within the public sector Experience leading and developing corporate strategy, and experience with managing publicly owned real estate.
- Knowledge of relevant legislation, policies, procedures, professional or technical practices, and precedents
- Executive leadership skills to provide strategic leadership to an operating or functional unit with multiple teams
- Thorough Knowledge of budget development and management processes
- Strong project management principles and practices, including budget and schedule controls, oversee cross functional teams and consultants engaged in simultaneous and monitor project activities for overall adherence to timelines, budgets, and project performance objectives
- Highly developed interpersonal skills and political acuity to remain responsive and flexible to the demands of conflicting and changing priorities within a highly political and sensitive environment
- Superior oral/written/presentation skills to develop, present, recommend, implement, and manage business plans, policies, and programs.
Accommodation will be provided throughout the hiring process, as required. Applicants must make their needs known in advance.
All applicants must be legally entitled to work in Canada. Metrolinx will be using email to communicate with you for all job competitions. It is your responsibility to include an updated email address that is checked daily and accepts emails from unknown users. As we send time sensitive correspondence, we recommend that you check your email regularly. If no response is received, we will assume you are no longer interested in pursuing the opportunity. Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any background information provided be misleading, inaccurate or incorrect, Metrolinx reserves the right to discontinue with the consideration of your application.
We thank all applicants for their interest, however, only those selected for further consideration will be contacted.
AN EQUAL OPPORTUNITY EMPLOYER