Timothy Oconnell

About Timothy Oconnell

Leading with over two decades of expertise in Real Estate and Facilities Management…

Experience

1. Vice President - Us Head of Facilities Management - Enterprise Real Estate Services

   TD

   May 2019 — Present · US

   Deliver major capital programs while overseeing N.A. construction, facilities management, and corporate real estate operations for a global bank. This entails managing $100 MM budgets for construction buildouts and remodels, fit outs including office tower upfits, and refresh projects. Direct local and regional major capital projects in line with business strategy, commitments, and targets while reporting to the SVP Project Design and Facilities Management – Enterprise Real Estate. Manage commercial real estate leases, bidding processes, resource allocation, and project scheduling. Integrate sustainable design principles, including energy and environmental design, into daily operations and projects. Develop strategies to improve processes, streamline operations, optimize quality, and improve team performance. Draft and enforce policies, procedures, and quality standards. Determine, identify, and secure internal and external resources. Evaluate operations, identify efficiencies, mitigate risk, and eliminate redundant systems, roles, property, and infrastructure.Meet milestone and budget targets while managing 20+ Construction Managers & Facility Managers assigned to complete projects across 250 locations covering 15M square feet of office space. Coordinate and manage team members as well as third-party contractors, consultants, and vendors. Partner with other Executive Integration Team members to optimize value of M&A• Slashed corporate footprint 40%, in response to rise of hybrid work by implementing massive initiative that streamlined real estate portfolio by millions of square feet. Took advantage of lease expirations to exit underused buildings, sold poorly used properties, and leased new space that allowed flexibility for expansion. • Reduced footprint 1MM RSF (46%), achieved ~$20MM OPEX savings, and slashed carbon output 43% while eliminating need to spend $40MM for building upgrades and avoiding $24.5M in projected capital costs over 10 years.

Education

• United States Navy

  Veteran

Skills

• Corporate Real Estate
• Vendor Management
• Asset Management
• Team Building
• Management
• Disposition
• Facilities Management
• Asset Managment
• New Business Development
• Recruiting
• Contract Negotiation
• Business Development
• Budgeting
• Procurement
• Leadership
• Financial Modeling
• Negotiation
• Leases
• Contract Management
• Property Management
• Project Management
• Strategic Planning
• Construction Management
• Real Estate
• Operations Management
• Construction
• Budgets
• Finance
• Location Intelligence