Description
Job Summary : The Transaction Manager will report to the Director, Transaction Management and Support, and assist in formulating strategic and tactical plans for transaction execution including origination, deal management, due diligence, team coordination, closing and integration across the platform locations.
The position will also focus on continuous improvement to ensure a high level of investment and asset diligence, process efficiency and knowledge transfer to support MIM Ag’s short and long-term growth objectives.
The role will provide services to the global agricultural platform including both traditional farmland asset investments as well as Farmland Plus investments.
The preferred location for this position would be in the Boston, MA office however alternative locations including remote working may be considered.
Periodic travel may be required in support of transaction opportunities, team and company meetings.
This position is open to remote working arrangement*
Responsibilities :
60% Acquisition / Disposition Management Activities :
- Maintain and communicate project checklists, deadlines and updates with the project team, internal stakeholders, sellers, and vendors.
- Coordinate all phases of due diligence efforts with the Regional Operations and / or Acquisition Manager and Escrow / Integration Manager.
- Assist in the review and oversight of transaction documents, including real estate purchase contracts, farm leases, water sharing agreements, Phase I environmental reports, appraisals, soil tests, water tests, well tests, due diligence summaries, and other transaction related documents.
- Lead the preparation of due diligence summary document and ensure review and sign-off by project team.
- Coordinate the development and completion of client and internal committee memos and assist in presentations as requested.
- Develop rapport with operations staff and lead the solicitation of input for budget development, capital requirements and review of due diligence materials.
- Assist the Escrow and Integration Manager in the closing and escrow processes.
- Assist the Farmland Plus team in the coordination and evaluation of opportunities as assigned.
15% Market Intelligence Activities :
- Generate and maintain key contacts with farmland owners, investment community members, and vendors to acquire information related to investment trends, markets, and transaction opportunities.
- Collect market data and maintain knowledge of key industry trends.
- Prepare historical and current deal pipeline reports, manage post-transaction record updates to include sale data and implied discount rate evaluation results.
- Assist in the development and expansion of MIM Ag’s spatial farmland data including comparable sales, competitor information, and other relevant industry intelligence.
25% Transaction Management Activities :
- Support MIMTA’s efforts in sourcing and evaluating farmland transactions.
- Assist in negotiating and drafting LOIs, REPCs, and other transactional documents alongside legal counsel and Acquisition Managers.
- Communicate with Director of Transaction Management and Support to monitor deal flow and workload of team members and assign projects to maximize efficiency.
- Periodically review process documentation and templates to ensure content and form are up-to-date and follow current investment needs.
- Support the MIM Ag team in providing timely information and analysis related to farmland transaction needs, including : review and verification of investment underwriting and modeling assumptions;
assessment demographic, economic and market data to prepare memos, reports and marketing materials; andcontent and presentation development to assist Portfolio Management and Client Services and Business Development in funding requests.
Job Requirements :
- Bachelor’s degree in Agriculture, Business, or related field highly desirable
- 3 + years’ experience in transaction management, project management, or investment management
- Comprehensive knowledge of land records, appraisal, title, and environmental due diligence
- Knowledge of farmland across various investment regions of North America
- General knowledge of real estate law and practices
- Organizational and project management skills commensurate with prioritizing, managing and completing multiple projects concurrently.
- Strong organizational, communication (both written and verbal) and analytical skills
- Proficient in discounted cash flow analysis, farmland valuation procedures
- Demonstrated ability to work as a team player; able to perform as a service provider to colleagues, company associates and clients
- Enthusiastic, deadline driven, self-starter capable of working independently on multiple projects with minimal direct supervision
- Ability to think independently and develop new ideas from fruition to implementation
- Excellent interpersonal skills and ability to interact and build effective relationships with individuals at all levels of the organization and with external parties and advisors
- Knowledge of ESRI GIS products or similar is preferable
What can we offer you?
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
Our commitment to you
- Values-first culture
- We lead with our Values every day and bring them to life together.
- Boundless opportunity
- We create opportunities to learn and grow at every stage of your career.
- Continuous innovation
- We invite you to help redefine the future of financial services.
- Delivering the promise of Diversity, Equity and Inclusion
- We foster an inclusive workplace where everyone thrives.
- Championing Corporate Citizenship
- We build a business that benefits all stakeholders and has a positive social and environmental impact.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better.
With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States.
We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions.
At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers.
At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.
4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under 945’ in Hong Kong.
Manulife is an Equal Opportunity Employer
Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
Boston, Massachusetts
Salary range is expected to be between
$111,000.00 USD - $175,000.00 USD
If you are applying for this role outside of the primary location, please contact for the salary range for your location.
The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education / training.
Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.
Manulife / John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption / surrogacy and wellness benefits, and employee / family assistance plans.
We also offer eligible employees various retirement savings plans (including pension / 401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources.
Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence.
I I I I I
Company : John Hancock Life Insurance Company (U.S.A.)