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CIM Group

Urban real estate developer and lender

General Manager - VP

Business & StrategyConfirmed live in the last 24 hours
Full-timeLos Angeles, CA, USA

About the Job

Requirements

  • A bachelor's degree.
  • At least seven years of experience in the California water sector, such as agency, regulatory, or water storage experience.
  • Experience with grant management; Prop 1 experience is preferred, along with understanding how to optimize reimbursements.
  • Experience engaging with state, regional, or local water regulatory agencies, utility agencies, or control boards.
  • Experience in a problem-solving role within the water industry.
  • Experience with water project construction and/or operation.
  • Ability to manage workload autonomously and effectively.
  • Strong commercial awareness and the ability to apply commercial judgment.
  • Ability to manage competing tasks and priorities effectively.

Responsibilities

  • Collaborate with key stakeholders to develop and execute annual and long-term business plans.
  • Translate investment objectives, regulatory commitments, grant requirements, and customer needs into operating priorities, budgets, and milestones.
  • Maintain an integrated plan covering development, customer agreements, agency approvals, grant obligations, and operational readiness.
  • Identify business, regulatory, financial, and operational risks and recommend appropriate action to senior leadership.
  • Serve as the primary relationship manager with water agencies, watermasters, joint powers authorities, environmental agencies, and other governmental stakeholders.
  • Represent the water bank in agency meetings, public forums and hearings, technical working groups, industry associations, and community discussions.
  • Leverage existing relationships and build new relationships with State Water Project contractors, municipalities, irrigation districts, groundwater organizations, landowners, and prospective customers.
  • Monitor water policy, groundwater regulation, and agency actions affecting the asset.
  • Lead customer outreach and business development for water storage, recovery, transfer, and related services.
  • Manage requests for proposals, bidding processes, letters of interest, storage agreements, and other customer arrangements.
  • Partner with Investments, Legal, and Development to negotiate agreements consistent with project capacity, commercial objectives, and regulatory requirements.
  • Support development of pricing, service structures, operating terms, and allocation methodologies.
  • Manage compliance with funding agreements, grant milestones, reporting requirements, public-benefit commitments, and documentation requests.
  • Coordinate with Development, Finance, Accounting, and consultants to complete technical reports, reimbursement support, progress reports, and other grant deliverables.
  • Track eligible expenditures, grant budgets, deadlines, contractual obligations, and funding risks.
  • Support negotiation and completion of funding, public-benefit, operating, and regulatory agreements.
  • Partner with Development on feasibility studies, groundwater modeling, environmental review, permitting, engineering, construction, commissioning, and transition planning.
  • Represent customer and operational requirements in design and development decisions.
  • Support evaluation of wells, pump stations, conveyance infrastructure, turnout capacity, water quality, monitoring requirements, and put-and-take scenarios.
  • Develop a readiness plan covering staffing, procedures, agreements, maintenance, monitoring, emergency response, reporting, and customer coordination.
  • Lead the transition from development into active water bank operations.
  • Direct storage, recharge, recovery, conveyance, and delivery activities once the water bank becomes operational.
  • Coordinate operating plans with customers, partner agencies, watermasters, operators, and technical consultants.
  • Monitor water balances, pumping performance, groundwater levels, water quality, system capacity, and customer commitments.
  • Ensure compliance with storage agreements, operating rules, permits, monitoring plans, and reporting requirements.
  • Establish operating procedures, controls, escalation protocols, and emergency-response plans.
  • Coordinate inspections, preventive maintenance, repairs, testing, and capital-replacement planning.
  • Develop scopes of work, support consultant selection, negotiate terms, and monitor performance against budgets, schedules, and deliverables.
  • Hold consultants and contractors accountable for quality, timeliness, cost, and issue resolution.
  • Develop and manage operating budgets, long-term forecasts, and business-plan assumptions.
  • Monitor expenditures, contract costs, funding availability, and budget-to-actual performance.
  • Review invoices and consultant charges within delegated authority.
  • Maintain reporting on agency approvals, customer activity, grant milestones, agreements, budgets, risks, and operational readiness.
  • Prepare clear updates and recommendations for leadership, investors, agencies, and governing bodies.
  • Carry out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
  • Maintain positive relationships with corporate support departments.

Desired Qualifications

  • Experience managing grants, preferably Prop 1 grants, and understanding how to optimize reimbursements.
  • A creative and innovative approach to solving problems and resolving issues, including proactively seeking opportunities to improve asset operational and financial performance.
  • Self-starter who contributes the breadth of skills and expertise needed to help the business grow and improve.
  • Inquisitive, detail-oriented, and self-motivated approach.

About the Company

CIM Group

Urban real estate developer and lender

CIM Group is a real estate and infrastructure owner, operator, lender, and developer that focuses on urban areas with high growth potential. It acquires, develops, and manages properties and provides loans for real estate projects, earning revenue from rentals, sales, and lending activities. Its portfolio includes notable properties such as the Dolby Theatre in Hollywood, Tribune Tower in Chicago, and the Downtown Grand Hotel Casino in Las Vegas. The company also engages in community outreach, like meals programs for people with chronic illnesses and building community gardens. CIM differentiates itself by combining ownership, development, and lending under one group, plus a strong emphasis on community impact and urban development. Its goal is to be the premier partner for investors in real assets that serve communities and to create value for both investors and local communities through responsible, growth-focused real estate and infrastructure projects.

Company size
1,001-5,000
Company stage
Debt Financing
Total funding
$607M
Headquarters
Los Angeles, CA
Founded
1994

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