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Senior Manager, Transactions
Senior Manager, TransactionsVeterans Staffing • Chicago, IL, US
Senior Manager, Transactions

Senior Manager, Transactions

Veterans Staffing • Chicago, IL, US
3 days ago
Job type
  • Full-time
Job description

Senior Manager, Transactions

Hyatt seeks an enthusiastic Senior Manager, Transactions to join our Transactions Group. You will be part of a team that is passionate about our purpose, committed to nurturing curiosity and new skills, and building connections with colleagues, customers, and guests across the organization. At Hyatt, we believe in the power of belonging and creating a culture of care, where our colleagues become family. Since 1957, our colleagues and our guests have been at the heart of our business and helped Hyatt become one of the best and fastest-growing hospitality brands in the world. Our transformative growth and the addition of new hotels, brands, and business lines can open the door for exciting career and growth opportunities for our colleagues. As we continue to grow, we never lose sight of what's most important : People. We turn trips into journeys, encounters into experiences, and jobs into careers.

This is an exciting time to be at Hyatt. We are growing rapidly and are looking for passionate changemakers to be a part of our journey. The hospitality industry is resilient and continues to offer dynamic opportunities for upward mobility, and Hyatt is no exception.

What sets us apart is our purposeto care for people so they can be their best. Every business decision is made through the lens of our purpose, and it informs how we have and will continue to support each other as members of the Hyatt family. Our care for our colleagues is the key to our success. We're proud to have earned a place on Fortune's prestigious 100 Best Companies to Work For list for the last ten years. This recognition is a testament to the tremendous way our Hyatt family continues to come together to care for one another, our commitment to a culture of inclusivity, empathy and respect, and making sure everyone feels like they belong. We're proud to offer exceptional corporate benefits which include :

  • Annual allotment of free hotel stays at Hyatt hotels globally
  • Flexible work schedule
  • Work-life benefits including wellbeing initiatives such as a complimentary Headspace subscription, and a discount at the on-site fitness center
  • A global family assistance policy with paid time off following the birth or adoption of a child as well as financial assistance for adoption
  • Paid Time Off, Medical, Dental, Vision, 401K with company match

As our ideal candidate, you understand the power and purpose of our culture of care, and embody our core values of Empathy, Inclusion, Integrity, Experimentation, Respect, and Wellbeing. You enjoy working with others, are results-driven, and are looking for a variety of opportunities to develop personally and professionally.

The Role

Senior Manager, Transactions will be a role reporting to the VP, Transactions & Integrations. The incumbent will be responsible for (1) strategic support of various Hyatt inorganic growth transaction activities, including supporting (a) the identification and evaluation of portfolio hotel opportunities, (b) the negotiation, structuring and closing of such opportunities, and (c) the integration of any such portfolios into Hyatt and organization and relationship building, internally and externally, with respect to such integrations, and (2) support of complex structured transactions, asset sales and acquisitions, and organization and relationship building, internally and externally, to support Hyatt's global management and franchise agreements. Specifically, the incumbent will undertake the following responsibilities and functions :

  • Support identifying, prioritizing, and evaluating portfolio hotel opportunities, working with internal stakeholders and external consultants, and advisors.
  • Negotiate, structure, and close various types of transactions. Such work will include developing relationships with owners of hotels and brands, negotiating with the target, preparing proposals, and participating in pitch meetings.
  • Coordinate the internal Hyatt teams supporting transactions and integrations (including Legal, Operations, Development, Finance, Accounting, Tax, and Commercial Services), ensuring efficiency and the consistency and quality of the work delivered. Such work will include supporting due diligence activities and coordinating with internal and external stakeholders.
  • Support integration activities (including the development and project management of integration plans pre- and post-portfolio closing) for any portfolios that are to become part of Hyatt. Such work will include supporting organization and relationship building, internally and externally, to develop best practices with respect to integration planning and implementation.
  • Prepare appropriate, clear, and timely analysis and materials relating to specific hotel portfolio transactions (including research, financial analysis, proposals, presentations, approval documentation, and internal reports, etc.)
  • Implement and refine internal processes (including coordination with functional disciplines across Hyatt).
  • Track, monitor, and project manage ongoing transactions, pipeline opportunities, and workstreams.
  • Support complex structured transactions, asset sales and acquisitions, and organization and relationship building, internally and externally, to support Hyatt's global management and franchise agreements.
  • Draft term sheets and propose structures for purchase and sale agreements, management agreements, and franchise agreements.
  • Develop detailed underwriting models to support the structuring of complex transactions, incorporating cross-functional analysis and third-party advisor underwriting.
  • Create and prepare high-level communications with the Executive Committee and / or Board of Directors of Hyatt Hotels Corporation.
  • Analyze and solve strategic areas and challenges, synthesizing data from disparate sources to develop recommendations for leaders at the Company, then supporting the execution of the resulting high-impact initiatives.
  • Qualifications

    Experience Required :

  • 5-7 years of experience at an investment bank / consulting firm / commercial real estate firm or similar organization or hospitality company.
  • Excellent quantitative and analytical problem-solving skills; financial modeling and valuation expertise; data analytics experience; financing experience.
  • Prior hotel / real estate experience required.
  • Excellent skills in Outlook, Word, Excel, Smartsheet (or comparable software), and Power Point. SharePoint and MS Project are a plus.
  • Experience Preferred :

  • Bachelor's degree
  • Additional Comments and Requirements :

  • Highly self-structured, with the ability to take initiative, support strategic priorities, take ownership of assigned projects, and independently drive for results.
  • Outstanding presentation skills with the ability to translate complex concepts into easily understandable presentations.
  • Exceptional project management skills, organized with careful attention to detail.
  • Demonstrated experience in developing relationships; ability to develop credibility and respect with individuals at all organizational levels.
  • Hardworking, driven individual excited to learn and grow within Hyatt Hotels and the hospitality industry.
  • Good communication skills, both verbal and written.
  • Ability and willingness to work in a fast-paced corporate environment, including limited activities that will occur after hours due to the global nature of projects.
  • Ability to work comfortably and efficiently in a team environment.
  • Ability to meet short deadlines and meet the needs of transaction-driven timelines.
  • Ability to interface effectively and appropriately with individuals at all levels, both within and outside the company, including hotel general managers, divisional and departmental leaders, legal counsel (internal and external), Hyatt senior executives, representatives of hotel owners, and current and prospective partners.
  • Sensitivity to issues related to geographical, cultural, language, legal, financial, and regulatory differences that are often present in an international setting.
  • Sensitivity to and respect for the confidential nature of the subject matter of the job and the Department.
  • Ability to travel on an as-needed basis.
  • High energy, charisma, and strong work ethic.
  • The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities, and qualifications may be required and / or assigned as necessary.

    We welcome you : Research shows that individuals tend to apply to jobs only if they meet all the listed job qualifications. Unsure if you check every box, but feeling inspired to enhance your career? Apply. We'd love to consider your unique experiences and how you could make Hyatt even better.

    The salary range for this position is $120,000 to $145,000. This position is also eligible to earn an annual bonus. The final pay rate / salary offered to the successful candidate will depend on experience, skill level and other qualifications for the role, as well as the location of the performance of work. Pay for the successful candidate will meet local requirements, including the local minimum wage rate.

    Primary Location : US-IL-Chicago

    Organization : Hyatt Corporate Office

    Pay Basis : Yearly

    Job Level : Full-time

    Job : Public Relations

    Req ID : CHI015015

    Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender,

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