Business Development Manager - LATAM

Description:

The Opportunity

The Business Development Manager (BDM), LATAM supports Deal Leaders in advancing hotel development opportunities from initial qualification through transaction execution. The role is responsible for coordinating deal activities, managing transaction workflows, facilitating cross-functional collaboration, and ensuring the timely completion of deliverables required to move deals through the development process. By maintaining accurate pipeline information, driving accountability across stakeholders, and proactively identifying and resolving process obstacles, the BDM helps ensure efficient execution of active development opportunities while building the skills and experience necessary to assume increasing responsibility within the Development organization. You will be part of a team that is passionate about our purpose, committed to nurturing curiosity and new skills, and building connections across the organization with colleagues, customers, and guests.

Who We Are

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 canopen 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.

Why Now?

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.

How We Care for Our People

What sets us apart is our purpose-to 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 since 2013. 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

Who You Are

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

-Coordinate assigned development opportunities on behalf of the Deal Leader by tracking milestones, managing action items, and ensuring deals progress efficiently through the development lifecycle.

-Support Deal Leaders by sourcing and analyzing data, preparing, organizing, and maintaining transaction materials, including presentations, approval packages, due diligence documentation, and other deal-related deliverables.

-Coordinate with internal business partners (Legal, Feasibility, Design, Development Finance, and other functions) to obtain required analyses, approvals, and documentation needed to advance active deals.

-Maintain accurate and current deal information, documentation, task lists, and pipeline status within designated systems to ensure visibility into transaction progress and priorities.

-Monitor deal timelines and proactively identify outstanding deliverables, process bottlenecks, and potential risks; communicate issues and recommend solutions to the Deal Leader to maintain transaction momentum.

-Facilitate communication and follow-up among Deal Leaders, internal stakeholders, and external parties to ensure timely completion of agreed-upon actions and deliverables.

-Coordinate internal approvals and governance activities by ensuring required documentation is complete, stakeholders are engaged, and decision materials are submitted in accordance with established processes.

-Develop expertise in Hyatt's development processes, transaction workflows, and approval requirements while progressively assuming greater responsibility for supporting increasingly complex development opportunities.

Qualifications:

Experience Required:

-English language fluency

-Spanish language fluency

-Minimum of 2-3 years of experience in hospitality, commercial real estate, investment analysis, or related industry.

-Highly organized, process-oriented, and able to manage multiple projects simultaneously in a fast-paced environment.

-Strong interpersonal and communication skills for effective collaboration across internal and external stakeholders.

-Proactive self-starter with a demonstrated desire to learn and progress toward a lead Developer role.

-Strategic and analytical thinker with keen attention to detail and accountability for deliverables.

-Demonstrated proficiency with CRM and BI tools.

Experience Preferred:

-Portuguese language fluency

-Advanced degree in Hospitality Management, Finance, Business Administration, or a related field.

-Experience with hotel development, franchise contract sales, and/or commercial real estate transactions

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 $98,600 to $118,000. 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.

We value our relationships with recruitment partners and require that agencies contact us first before submitting any candidates. Hyatt will not be responsible for any fees and obligations associated with unsolicited submissions unless a formal agreement is in place.

Primary Location: US-IL-Chicago

Organization: Hyatt Corporate Office

Pay Basis: Yearly

Job Level: Full-time

Job: Hotel Development

Req ID: CHI015604

Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.