Full-Time

Business Operations Manager

Newmark Group

Newmark Group

5,001-10,000 employees

Global commercial real estate advisory brokerage

Compensation Overview

$95k - $125k/yr

+ Discretionary Bonuses + Equity

Palo Alto, CA, USA + 1 more

More locations: San Jose, CA, USA

In Person

Daily in-office attendance required with visits to various sites weekly.

Bachelor's

Category
Business & Strategy (1)
Required Skills
Forecasting
Marketing

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Requirements
  • Bachelor’s degree required
  • Minimum of 7-9 years related experience
  • Previous supervisory or management experience required
  • Excellent analytical and communication abilities
Responsibilities
  • Participates in the development of short and long-term goals and objectives for the districts operations and annual budgets.
  • Review and analyzes sales activities, revenue and expenses, operational practices, and forecast data to determine progress toward stated goals and objectives. Reviews findings with management.
  • Conducts studies of work problems, procedures, and processes to ensure a high level of operational effectiveness
  • Directs the accounting and bookkeeping activities within the district operation. Ensures that records are properly maintained for all financial transactions and all books are balanced to show data, such as cash receipts and expenditures, accounts payable and receivable, profit and loss, general ledger accounts, and other items pertinent to the operation.
  • Monitors and controls notes payable to ensure that the district is in compliance with Company policies and guidelines.
  • Analyzes financial information detailing assets, liabilities, and capital. Analyzed balance sheets, profit and loss statements, and other reports to summarize and report on the current and projected financial position of the district operation.
  • Ensures that all sales commissions and fees are processed according to the standard Company policies and procedures and state regulations. Provides written status reports for all salespeople regarding the recording and tracking of their commissions, expenses, and recoveries.
  • Tracks and monitors all compliance related documents, ensuring that all Salespeople and revenue producing professionals are properly licensed and within Company compliance requirements at all times.
  • Coordinates the implementation a listing system for tracking and monitoring all exclusive listings ensuring that each listing has and established marketing budget.
  • Assists as necessary with the use of effective marketing programs, such as advertising, signage, and client entertainment, in accordance with the district’s goals and objectives.
  • Consults with vendors and analyzes vendor’s pricing and services to ensure that the district is obtaining the best products and services for the least amount of money possible.
  • Represents Company at personnel related hearings and investigations.
  • Recruits, interviews, and selects employees to fill vacant staff/administrative positions.
  • Plans and conducts new employee and new sales people orientations to foster a positive attitude toward Company goals.
  • Maintain records of personnel transactions such as hires, promotions, transfers, performance reviews, terminations, and ensure that salespeople are properly licensed.
  • Prepare employee contracts, offer letters, separation notices, and related documentation.
  • Analyze and implement programs to reduce employee absenteeism and turnover.
  • Participates in administering Company policies, procedures, processes, and programs. Ensures that all district activities and operations are carried out in compliance with company policy and procedures, and with local, state, and federal regulations and laws governing business operations.
  • May perform other duties as assigned

Newmark Group is a global commercial real estate advisory firm that provides brokerage, advisory, and capital markets services for commercial properties. It helps clients buy, sell, lease, and finance real estate by connecting tenants, landlords, investors, and lenders, and by offering integrated services from brokerage to investment advisory. The company works through a large, nationwide and international network, leveraging a history of acquisitions to deliver a broad set of real estate solutions across markets. Unlike firms that focus on a single service, Newmark combines brokerage, advisory, and investment capabilities, creating a wide platform for transaction execution and capital access. Its goal is to help clients navigate and complete real estate transactions efficiently while growing its position as a leading investment broker in the Americas.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

1929

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $888.4 million, with leasing and capital markets both rising.
  • September 1, 2026 closed Altus development advisory deal adds 335 professionals worldwide.
  • Newmark expanded German valuation with Einwert and L+P, strengthening recurring advisory revenue in Europe.

What critics are saying

  • Barry Gosin exits as CEO December 31, 2026, creating a succession and broker-retention test.
  • Boston capital-markets lawsuit against Robert Griffin threatens millions in damages and client relationships.
  • A failed transition lets CBRE and JLL recruit Newmark rainmakers during 2027.

What makes Newmark Group unique

  • Newmark combines brokerage, valuation, project management, and capital markets across four continents.
  • Altus acquisitions in March, August, and September 2026 deepen Newmark’s valuation and development bench.
  • ARGUS Assist integration gives brokers AI-driven underwriting workflows competitors still license separately.

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Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%
Bisnow
Aug 7th, 2026
Longtime Newmark CEO Barry Gosin to step down.

Longtime Newmark CEO Barry Gosin to step down. Barry Gosin will step down as CEO of Newmark at the end of the year, ending a 48-year run at the helm of the brokerage and commercial real estate services firm. Gosin will continue to serve as chairman of Newmark's operating company, Newmark & Co. Real Estate Inc., and will "focus on relevant and impactful topics," the company said in a news release Friday morning. The board of directors expects to select a new CEO by the end of the year. "We are delighted that Barry will remain with the Company as Chairman of the operating company to help the next generation of leadership as they guide Newmark through its next chapter of growth," Chairman of the Board of Directors Stephen Merkel said in a statement. Newmark was founded in 1929, but Gosin shepherded the company into the giant it is today starting in the late 1980s, when he began building the brokerage and advisory business with a focus on New York City. He helped take the company public in 2017, although it has remained majority-controlled by Cantor Fitzgerald, the financial services giant formerly led by Commerce Secretary Howard Lutnick. As part of the transition plans, Gosin entered into a new employment agreement that will keep him in the chairman position up to 2029. "The Company is stronger than ever, our strategy is working, and the opportunities ahead are substantial, which is why I believe now is the right time to take a step back from day to day operations to focus solely on matters that will make a difference to Newmark, and to support the Company through this transition," Gosin said in a statement. Newmark has more than 195 offices and 10,000 staff on four continents. The company posted record second-quarter revenue in July and boosted fees from leasing and other commissions by 17.2% compared to the prior year. Earnings per share inched up a penny from the prior year, and the firm modestly beat analyst estimates but held its guidance flat. The brokerage has bulked up its service offerings with two acquisitions from Altus Group this year. Earlier this month, it announced the purchase of the development advisory business from Altus, the maker of the popular underwriting software Argus, which includes 335 employees spread across Canada, the U.S., Australia and Thailand. That deal came a few months after Newmark's March acquisition of Altus' Canadian appraisals business, which serves more than 3,000 clients, including institutional funds, lenders and REITs. In another executive suite move, Newmark named Kyle Lutnick, Howard Lutnick's son, as the brokerage's chief strategy officer in May. The 30-year-old is tasked with overseeing Newmark's transformation agency, which includes the firm's approach to data, artificial intelligence and other technology.

PR Newswire
Aug 6th, 2026
Newmark acquires L+P Immobilienbewertung, its fourth European valuation deal this year

Newmark Group has acquired L+P Immobilienbewertung, a German real estate valuation firm, expanding its Valuation & Advisory business in Europe. Founded over 25 years ago, L+P employs more than 40 professionals serving institutional clients across Europe with expertise in commercial, residential and specialised property valuations. This marks Newmark's fourth Valuation & Advisory acquisition this year, following deals for Catella Valuation Advisory in France, Altus Group's Canadian Appraisals business, and einwert in Germany. L+P is recognised for delivering independent valuations to investors, banks, fund initiators and public-sector clients. The acquisition strengthens Newmark's presence in the German market and enhances its international valuation platform. Newmark generated revenues exceeding $3.6 billion for the twelve months ended 30 June 2026.

The Real Reporter
Jul 28th, 2026
CBRE bolsters suburban office leasing; adds industry vet Jeremiah.

CBRE bolsters suburban office leasing; adds industry vet Jeremiah. July 28, 2026 Boston - CBRE announce that Eric Jeremiah has joined the company as a Vice President in the organization's Greater Boston suburban office brokerage business. Jeremiah will focus on both tenant and landlord representation. "We are pleased to welcome Eric to our suburban office practice in Greater Boston," said Mike Brucato, Executive Managing Director and Greater Boston Market Leader at CBRE. "He is a highly respected office broker with deep market knowledge and a strong track record of success advising both landlords and occupiers." Before joining CBRE, Jeremiah spent over five years with Newmark, where he represented tenants and landlords on suburban office and industrial leasing assignments throughout Greater Boston. He graduated from Middlebury College, where he was a member of the varsity lacrosse team. "It's very exciting to join such a well-regarded team at CBRE, a major brokerage player in the suburban office arena," said Jeremiah. "I look forward to using my skills and working with other multi-talented team members to continue to grow our presence in the market and achieve exceptional results for our clients."

Immobilien Zeitung Verlagsgesellschaft mbH
Jul 7th, 2026
Newmark acquires German valuation firm Einwert

Newmark Group has acquired German property valuer Einwert. The 30-person company will become part of Newmark's Valuation & Advisory division. Einwert specialises in optimising valuation processes and value analysis. The acquisition strengthens the American brokerage firm's presence in the German market. Financial terms of the deal were not disclosed.

einwert GmbH
Jul 1st, 2026
einwert Becomes Part of Newmark’s Valuation & Advisory Business in Germany

Newmark Continues Scaling Valuation Capabilities Across Europe