Data Center Real Estate Asset Manager, Vice President

The Citi North American Data Centers is a core element of Citi’s technology strategy and is comprised of four enterprise level data centers supporting ~1.1MM square feet of computer room white space. Citi Realty Services manages the building infrastructure and maintenance operations and has as annual expense budget of ~$82 MM.

The VP, Data Center Asset Manager will report to the North America Senior Data Center Asset Manager and will collaborate with Citi Realty Services team members to drive the strategy and execution of the two Texas data center facilities.

This role will be accountable for delivering world-class data center real estate solutions that adhere to agreed standards and optimal costs that support the activities of Citi.

Key Responsibilities:

• Full P&L responsibility for operating and capital budgets for the site. Coordinate with Finance to prepare and manage budgets with focus on identifying Risks and Opportunities.
• Manage relationships with site occupants. Develop positive and productive rapport that facilitates consolidations, relocations, and cost saving initiatives that help the firm to meet business goals.
• Coordinate with CTI Site Management Teams to optimize the computer room usage and reduce expenses in line with the business’ priorities.
• Apply in-depth knowledge of business, financial controls, operational functions, and technology to set the strategic direction for the site.
• Create strong partnership with project management and facilities management teams to assure all initiatives are budgeted and executed according to business needs and brand guardrails.
• Monitor building operations and approve expense requests, as appropriate
• Constant liaison with vendor and CRS regional/ cluster and country partners to ensure that service delivery and requirements remain aligned
• Ensure that the reactive maintenance facility including customer Service Desk and emergency response is aligned to data center strategies and objectives.
• Ensure compliance with Citigroup’s CRS Operating policies and procedures, Health and Environmental standards and with all related local regulations.
• Employing continuous improvement techniques to work toward minimizing/eliminating health, safety and environmental risks to staff, clients, and contractors as well as to premises and assets.
• Monitoring compliance with statutory national, regional, and local authority regulations in connection with the FM discipline. Verifying records and reports are maintained as required
• Oversight of monthly reporting of key metrics, updates, and items for management attention in partnership with Functions heads.
• Contribute to presentations, IEPs, and analyses & reporting in partnership with other CRS teams
• Ensure adherence to Citi’s compliance and control framework, which includes the following:
  • Standards of conduct for employees
  • Process oversight and measurement
  • Sufficient approval authority levels
  • Appropriate skills and training for personnel
  • Testing for compliance controls
  • Manage preparedness, tracking, and execution of Continuity of Business Plan
  • Provide talent assessment and a succession plan for the next 3-5 year

Job Skills/Qualifications:

• Minimum of 3-5 years of strategic real estate/property management/asset management experience, preferably in the financial services industry. Data center experience is a plus.
• Strong organizational and communication skills experience communicating with all levels of management and relating complex information clearly and succinctly
• Proven leadership skills and ability to collaborate with business clients, internal CRS partners, other Citi service providers, landlords, brokers, and other third-party service providers
• Strong analytical and problem-solving skills
• Solid understanding of accounting and finance
• Ability to drive results with sensitivity to meeting tight timelines and cost objectives
• Adaptable to dynamic corporate environment and a dynamic real estate market
• Ability to travel (sometimes last minute) to attend to issues at the site.
• Bachelor’s degree required; background in Accounting/Finance, Engineering, or Project Management a plus
• Proficient in Excel, Power Point and SharePoint

Education:

• Bachelor's degree required

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

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