Vice President of Facilities

CM Group$125K — $188K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Facilities or Construction Management or similar experience.
  • Eight years of progressive facilities maintenance/construction experience.
  • Eight years of supervisory/management experience in a relevant field.
  • Strong background in vendor and contractor management.
  • Ability to analyze budgets and project scopes effectively.

Responsibilities

  • Oversee and manage all facets of construction and renovation projects.
  • Coordinate with diverse teams to select and evaluate contractors and architects.
  • Conduct thorough budget development and forecasting for construction initiatives.
  • Serve on the Planning Committee, contributing to strategic real estate decisions.
  • Implement change management frameworks to optimize project execution.
  • Ensure compliance with safety and security standards across facilities.
  • Lead community relations and sustainability initiatives that align with organizational values.

Benefits

  • Opportunities for Training and Development.
  • Leadership Development programs to enhance managerial skills.
  • Job Level Advancement through continuous training opportunities.
  • Tuition Reimbursement for further education.
  • 32 Hours Volunteer Paid Time Off for community service.
  • Paid Time Off accruing from hire date, totaling 4 weeks per year for full-time employees.
  • Comprehensive medical, dental, and vision insurance options.
  • Employer-paid Life Insurance and Disability Insurance.
  • Retirement Plan with an employer match up to 4% and eligibility for profit sharing.
  • Paid Parental Leave for new parents.
  • Performance-driven Bonus/Incentive Program.
  • Engagement and Health and Wellness Programs for employee well-being.
Full Job Description
POSITION SUMMARY

Oversees all construction projects, capital project contractors, facilities and construction vendor management agreements. Coordinates and directs the Planning Committee for all construction projects. Analyzes and appraises scope, budgets, and building plans on all building projects. Provides analysis of current contracts, vendors and budgets to ensure efficiencies are identified and maintained. Oversees all the electrical, plumbing, mechanical and structural contractors and systems for Magnifi Financial.

ESSENTIAL DUTIES AND RESPONSIBILITIES
• Oversees and manages new construction and renovation projects and contractors. Oversees the selection and performance of architects, engineers and contractors. Estimates the work and/or reviews the estimates/bids and makes recommendations on vendor selection, materials, techniques etc. Responsible for ensuring a competitive bidding process to ensure the best product and cost. Completes performance reviews of contractors for accuracy and reasonableness prior to recommendation and submission to Executive Management. Directs contracted projects to verify adherence to specifications.
• Serves on the Planning Committee for new locations, buildings, mergers, acquisitions, etc. Provides details, analysis, recommendations and status updates to Executive Management. Identifies potential land acquisition targets through detailed studies and networks with attorneys, engineers and others involved in commercial land development. Coordinates land acquisitions with buyers, sellers and legal team to ensure viability of permitting and necessary easements and oversight of negotiations for land development.
• Analyzes current procurement practices and makes recommendations for improvement where feasible, regarding contractors, vendors, locations, buildings, leased locations and other purchasing practices to ensure proper use of resources and expenditures. Designs 3D building models and templates for future expansion while working with multiple departments providing instruction on technology, staffing, and member experience.
• Develops and manages the budget and the monthly rolling forecast for all structure/grounds/equipment needs that have a major impact to the overall success of the organization. Develops preliminary budgets on all construction projects for future budgeting and provides budget analysis to executive team. Approves General Contractor invoicing submission for accuracy during construction projects.
• Effectively communicates and manages project expectations and success criteria to project sponsors, team members, vendors and other stakeholders in a clear and concise manner throughout the project lifecycle. Acts as a liaison between management, departments, vendors, stakeholders and project teams to achieve goals.
• Develops a framework for actionable and targeted organizational project and change management plans and processes, including project roadmaps, communication, and coaching and training plans. Develops processes and procedures for project management for the entire organization. Estimates and identifies the resources (time and cost/return) and participants needed to achieve project goals, and works with the project stakeholders to assign and manage individual responsibilities.
• Analyzes vendor contracts to ensure efficiencies are identified and maintained. Formulates and recommends policy and procedure changes as it relates to facilities management. Works with executives to approve policies and procedures which may have an organization-wide effect.
• Oversees all of the electrical, plumbing, mechanical, and structural systems in and outside the facilities. Oversees both internal personnel and vendors to accomplish facilities and construction maintenance. Provides regular on-site oversight and visits to ensure facilities are kept up-to-date with building codes, and maintenance is completed in a timely manner. Responsible for purchasing building equipment, machinery and supplies.
• Coordinates with branches to maintain interior, exterior, heating and cooling sources, and grounds of buildings and foreclosed properties through ongoing oversight of contractors and vendors that perform complex construction, maintenance and custodial duties impacting member service standards and delivery.
• Oversees performance of safety and security systems by managing evaluations of internal and external physical structures including safety equipment such as fire sprinklers, alarms, cameras, and security lights. Evaluates, recommends, communicates and implements safety and security results and initiatives.
• Supports the strategic planning process through departmental planning and participates as requested in organizational level strategic planning. Aligns departmental initiatives with business direction. Directs the facilities and construction management efforts in an efficient manner to assure that Magnifi Financial meets its strategic goals and objectives while minimizing risk.
• Oversees the development, implementation and monitoring of environmental strategies that promote sustainable development including but not limited to researching green energy initiatives and rebate opportunities.
• Develops, plans, tracks and analyzes projects that are strategic, complex and high risk. Oversees project sponsor(s) to define project success criteria, timelines, milestones and deliverables. Directs the project list and provides project portfolio updates and recommendations on project resourcing to Management. Identifies project dependencies and critical paths.
• Oversees multiple, concurrent departmental, organizational and strategic projects from beginning to end. Responsible for monitoring performance and progress against documented objectives, timelines, milestones and deliverables.
• Oversees development, training and management of the performance and compensation of direct and indirect staff. Approves hiring decisions, and delivers performance reviews and compensation for staff. Responsible for Facilities and Construction results that are achieved through the successful management of staff. Provides departmental long-term strategies to allow for future growth and development within department.
• Participates and directs work groups and/or committees. Works in collaboration with executives, vice presidents, management and staff to meet the goals and objectives of Magnifi Financial and collaborates to develop and implement branch planning strategies.
• Inspires and leads the organization through strategic relationships with management resulting in conceptualization, development, execution, and evaluation of innovative sustainability programs.
• Provides leadership to community relations efforts, serving as a key ambassador for Magnifi Financial, interacting with key members of the industry and communities served. Projects a positive image in the field of membership and with current and prospective members.

EDUCATION AND EXPERIENCE
• Bachelor's degree in Facilities or Construction Management, or equivalent experience.
• Eight years of progressively responsible facilities maintenance/construction experience and eight years progressively responsible supervisory/management experience; or equivalent knowledge and skills gained through related experience.

LICENSES AND CERTIFICATIONS REQUIRED
• Must be bondable
• Valid Driver's license and auto insurance with minimum liability limits within Magnifi Financial policy
• Requires regular travel to and onsite presence at various organizational locations to evaluate facility needs, procurement practices, vendor and contractor performance, and the proper use of resources and expenditures.

SUPERVISION/MANAGEMENT

May directly or indirectly be responsible for the formal supervision/management or provide work direction to the following positions:
• Construction Project Manager
• Facilities Manager

Salary Range: $125,720 - $188,580

Salaries vary based on factors such as location, internal equity, skills, experience, education, and qualifications for the role.

Total compensation package varies based on position and may include bonuses, performance-based incentives, commission, and/or discretionary bonuses.

The Benefits

We are committed to investing in our team! Magnifi Financial offers benefits that help everyone achieve their full potential. Full-time employees are eligible for the following benefits (benefits with an asterisk are also available to eligible part-time positions):

  • Opportunities for Training and Development *
  • Leadership Development *
  • Job Level Advancement (ability to move up in your position through training and development) *
  • Tuition Reimbursement *
  • 32 Hours Volunteer Paid Time Off *
  • Paid Time Off - Begins accruing upon date of hire for a total of 4 weeks per year for FT; prorated for PT *
  • Medical
  • Dental
  • Vision
  • Employer paid Life Insurance/AD&D
  • Employer paid Disability Insurance
  • Retirement Plan - Employer match up to 4%, eligible for annual profit sharing *
  • Paid Parental Leave
  • Bonus/Incentive Program
  • Employee Engagement/Health and Wellness Programs *


About CM Group

CME Group Inc. is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures. The company offers futures contracts and options on futures using its CME Globex trading platforms, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates a central counterparty clearing provider, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana. The company has been described by The Economist as, "The biggest financial exchange you have never heard of". In 2019, CME Group was named the world's fastest growing and most valuable exchange brand for the sixth consecutive year by Brand Finance, while it had the fifth greatest brand strength.
Learn more about CM Group

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