Managing Director, Mission Real Estate Development

Job Type

Full Time

Published

10/02/2018

Address

New York
New York
United States

Description

BACKGROUND INFORMATION

 

Now in its fourth century of ministry, Trinity Church Wall Street is a growing and inclusive Episcopal parish. Trinity Church Wall Street seeks to serve and heal the world by

building generations of faithful leadership, building up neighborhoods, and building financial capacity for service in New York City and around the world. Trinity’s mission is grounded in its core values of: faith, integrity, inclusiveness, compassion, social justice and stewardship. 


Trinity makes a broad and diverse range of investments in order to support a broad and diverse range of mission activities across the world. These include: ministry, affordable housing, education, direct services, community facilities, spiritual formation, grants, Program Related Investments, and cultural programming.


Through its Grants & Mission Investing Department (GMI), Trinity invests in grantees (NGOs, dioceses and churches) locally, nationally and internationally to advance their work and Trinity’s strategic priorities. In 2018, Trinity identified five strategic areas of mission focus: The Trinity Commons Parish Center; Housing and Homelessness; Racial Justice; Leadership Development; and Mission Real Estate Development. As Trinity continues to define the initiatives in each of these areas, it expects its grants and mission investments to reflect those priorities.


Trinity’s Grants & Mission Investing team currently includes 11 staff and is growing significantly. The annual Grants & Mission Investing budget is also expected to grow considerably over the next several years.


POSITION SUMMARY

 

With a focus on “mission through marketplace” Trinity invests and supports global partners to identify and design income-generating projects that can provide ongoing financial support for mission work and self-sustainability. Trinity seeks to leverage its own history and expertise in realizing sustainable income through real estate assets to advance the capacity of other churches and organizations to build a solid financial footing to fund their work. This work takes an entrepreneurial and investing mindset and approach to identifying opportunities. The work includes projects in the United States and internationally and builds upon Trinity’s existing grant programs to support Anglican churches in Africa, Asia, Latin America and the Caribbean in building financial capacity.


The Managing Director, Mission Real Estate Development, will oversee and advance this global investment program including large-scale signature development projects that advance the model of real estate capacity. In consultation with the Rector, Vestry, Senior Clergy and Chief Philanthropy Officer, the Managing Director will develop a set of ambitious goals and objectives for this initiative and manage toward success. They will seek out and assess mission-driven real estate investment opportunities. The Managing Director will report to the Chief Philanthropy Officer and supervise the Program Director and Senior Program Officer.  Other Mission Real Estate Development team members will be added as the Grants & Mission Investing team grows.



KEY AREAS OF ONGOING RESPONSIBILITY

 

The Managing Director will be expected to fulfill the following duties:


Strategy and Execution

  • In consultation with the Rector, Vestry, Senior Clergy and Chief Philanthropy Officer, develop and refine a set of strategic goals and objectives for Trinity’s global mission real estate development initiative.
  • Integrate the various components and tools of the mission real estate development initiative into a coordinated and coherent strategy that invests in and builds capacity for partners across geographies.
  • Deploy and integrate multiple tools to achieve impact, including investing, grants, advice, partnerships, convening power and moral leadership.
  • Identify additional opportunities for impact and investment and test those opportunities against strategy.
  • Set clear measurement indicators. Respond and adapt to the information they provide.


External Engagement and Partnership

  • Identify and assess partnership and investment opportunities with financial acumen and political and business savvy.
  • Develop and maintain relationships with other investors, developers and grant-makers
  • Seek and build global partnerships that can increase impact and leverage expertise and additional resources for Trinity’s mission real estate development work.
  • Strategically identify potential grantees, rigorously assess grant proposals and manage grantee relationship throughout the lifecycle of a grant or PRI.
  • Manage consultants with skill and finesse, ensuring high performance and accountability.
  • Publicly represent Trinity’s mission real estate activities, including engagement with churches and other partners.


Internal Engagement and Team Culture

  • Serve as a member of the senior leadership team for the Grants and Mission Investing department and work closely with the other GMI managing directors to identify opportunities for collaboration.
  • Liaise with real estate, facilities, finance, legal and other teams within Trinity to ensure both impact and compliance.
  • Co-lead work with senior priests to ensure key relationships within the Anglican Communion are maintained and built and inter-church dynamics are recognized.
  • Contribute to an entrepreneurial work environment and positive culture of high impact, focused on outcomes.
  • Build a team that is adaptable and flexible.
  • Ensure that all work is approached with rigorous execution and the highest standards of ethics, aligned with Trinity’s core values.

 

 

IDEAL EXPERIENCE AND QUALIFICATIONS

 

Ideally, the Managing Director will have the following experience and qualifications:


Real Estate

  • At least 10 years successful experience leading and/or developing a real estate portfolio, ideally with a mission-focus or connection.
  • Experience working with real estate outside the United States ideally in Africa, Latin America and/or the Caribbean.
  • Strong financial skills, especially in real estate finance.
  • Entrepreneurial with a sales and partnership mentality, regularly seeking partners and opportunity.
  • Strong negotiating and deal making experience.


Program Development, Management, and Collaboration

  • Successful experience developing, launching, and leading complex programs and teams, with proven ability to supervise and develop staff and work effectively across teams.
  • Ability to set priorities decisively, delegate responsibilities, assure accountability, and allocate resources appropriately to achieve results.
  • Ability to manage projects across multiple geographies, cultures and time-zones.
  • Proven ability to take initiative, manage multiple projects, and balance competing priorities.
  • A strong collaborative orientation and experience, a high tolerance for ambiguity, the ability to adapt quickly to change, successful experience working with people from a range of national, cultural, social, economic, racial, and ethnic backgrounds.
  • Sound judgement and the ability to make complex, multidimensional decisions based on both facts and experience.
  • Grant-making experience and Program Related Investment experience are very desirable but not required.


Communications

  • Highly developed oral and written communication skills, including superior listening and exemplary writing skills and the ability to communicate Trinity’s mission and vision in highly compelling ways that engage and motivate diverse stakeholders, including other churches, partners, and allies.
  • Experience representing an organization in a variety of settings, ranging from intimate to high visibility.
  • Ability to communicate in a culturally appropriate way in many different countries and cultures.


Additional Experience and Qualifications

  • Knowledge of the Episcopal Church and Anglican Communion and a strong understanding of the dynamics presented by Trinity being a religious institution are desirable.
  • Understanding of the particular issues of church real estate is desirable.
  • The ability to discern the nuances of relationships and power dynamics combined with respect for community needs and desires.
  • Experience gained in the context of an organization that has experienced rapid growth is especially valuable.
  • Bachelor’s Degree or equivalent required; Master’s degree in a relevant field is preferred.
  • Ability to travel up to 25% of the time (domestically and internationally).



To learn more about Trinity Church Wall Street, please visit: https://www.trinitywallstreet.org/





Professional Level

None specified

Minimum Education Required

No requirement

How To Apply

applications@gumbspartners.com

Trinity Church Wall Street has retained Gumbs + Partners fill the Managing Director, Mission Real Estate Development. To apply for this position, please submit a substantive cover letter describing your interest in and sense of fit with the qualifications of the position plus a current resume to: Lauren I. Gumbs, Senior Partner, Gumbs + Partners, via e-mail: applications@gumbspartners.com.




Trinity Wall Street provides equal employment opportunities without regard to age, alienage or citizenship status, arrest or conviction record, caregiver, color, credit history, disability, gender, gender identity or expression, genetic information, sex, marital or partnership status, national origin, pregnancy, race, religion/creed, sexual orientation, status as a victim of domestic violence, sexual violence, or stalking, political affiliation, veteran or military status, unemployment status, or any other protected characteristic or status under applicable state or federal law.



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