Vice President, Development

Toronto, ON

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.

At Metrolinx, equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team.

Reporting to the Executive Vice President, Real Estate & Development, the Vice President, Development will provide strategic leadership and represent Metrolinx’s interests on real estate and development transactions across a broad and diverse property portfolio. Our Real Estate & Development Department is responsible for delivering cost-effective, efficient, and value-added corporate real estate and land development services to the Metrolinx organization toward provision of mobility solutions for the Greater Toronto and Hamilton Area (GTHA).

What will I be doing?

As part of the Real Estate & Development management team, provides strategic leadership to a team of professionals engaged in various complex real estate transactions, primarily around existing or future transit stations.
Collaborates with key internal stakeholders and senior management to identify land development and real estate project priorities based on business objectives and transit operating principles and practices.
Collaborates with Infrastructure Ontario and supports the integration of transit facilities as part of the Transit Oriented Communities program.
Provides oversight, negotiates and/or supports on complex high-density mixed-use real estate transactions at new and existing GO stations and along rapid transit lines.
Leads the development and implementation of strategies, policies, processes, and systems across the Development business unit and ensures integration with corporate strategies, initiatives, business planning, and budgeting processes. Also responsible for ensuring compliance with legislation and recommending decisions on a high value corporate real estate strategy to the CEO and Board of Directors.
Oversees and responsible for the formulated strategies and transaction deal structures that aim to optimize real estate value and/or investment in the transit network.
Leads discussions on business area objectives and strategy with the EVP and senior management executives, consistent with Real Estate & Development’s mission, and provides input for long-term planning initiatives that support Metrolinx’s strategic objectives.
Leads negotiations, discussions, and communications with private sector stakeholders through market sounding and transaction implementation discussions.
Fosters and manages productive working relationships with external development partners and internal subject matter experts, delivery teams and project sponsors.
Leads and participates in complex discussions with senior executives of private sector corporations, land developers, government organizations and communities for large-scale real estate transactions which will have a significant economic and social impact on the affected region.
Demonstrates commitment to continuous improvement and champions change management initiatives through new work processes, technology, and/or organizational design.
Creates, reviews, and/or approves presentation and briefing materials for both external and internal stakeholders, including as part of the governance process to attain direction or approval on Real Estate & Development transactions.

What Skills and Qualifications Do I Need?

Completion of a degree in Real Estate, Business Administration, Engineering, Urban Planning, Architecture, or a related discipline or a combination of education, training and experience deemed equivalent. A Masters degree is considered an asset.
Demonstrated extensive experience in real estate, development, planning, or similar field with a demonstrated knowledge of real estate transactions and the land development process
Professional accreditation/affiliation in real estate, land development, planning or a related field would be considered an asset (P.Eng, RPP, etc.)
Experience leading teams in a senior-level management capacity, including knowledge and experience on financial oversight and budgeting, risk management, business improvement processes, performance analytics, and Human Resources legislation commensurate with a senior leadership position

Don’t Meet Every Requirement?

If you’re excited about working with Metrolinx but your past experience doesn’t quite align with every qualification of this posting, we encourage you to apply. You just might be the right candidate for this or other roles. We are always looking for great talent to join our team.

We invite all interested individuals to apply and encourage applications from members of equity-deserving communities, including those who identify as Indigenous, Black, racialized, women, people with disabilities, and people with diverse gender identities, expressions and sexual orientations.

Accommodation

We value the unique skills and experiences each person brings to Metrolinx and are committed to creating and maintaining an inclusive and accessible environment. We are committed to the requirements of the Accessibility for Ontarians with Disabilities Act so if you require accommodation during the hiring process, please let our Recruitment team know by contacting us at: 416-202-5601 or email hr.recruitment@metrolinx.com .

Application Process

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 is 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.

WE ARE AN EQUITABLE AND INCLUSIVE EMPLOYER.