Director of Property & Risk Management - Specialty Restaurants : Job Details

ABOUT US:

Specialty Restaurants, a leader in the hospitality industry, was founded in the late 1950 by World War 11 veteran and Bomber Pilot, David Tallichet. As a family-owned company, SRC prides itself on providing their guest with beautifully appointed restaurants and event centers featuring breathtaking panoramic views of city skylines, waterfronts and airports. SRC holds an impressive portfolio of 16 award-winning restaurants and event centers throughout the US delivering unforgettable dining experiences, exceptional food, unmatched service and breathtaking views.

MISSION STATEMENT:

To deliver a 5-Star experience for our teams, guests, and community.

VALUES | SRC PRIDE

P – Perseverance

R – Respect

I – Integrity

D – Diversity

E – Evolving

Competitive Benefits:

• Industry leading compensation + bonus program
• Comprehensive Health Plans that include, a variety of medical and dental plans, employer contribution HAS for yourself and dependents.
• Variety of Supplemental Benefit Plans for life's unknowns
• 401k with annual employer match after 12 months (ER match 25% of the first 5% contribution)
• Employer paid life Insurance throughout the length of employment
• Monthly Reward Dollars to use at various company locations.
• Paid vacation starting at 2 weeks per year
• Paid/Floating holidays for 5 major holidays
• 24 hours paid Sick Time renewed yearly
• Education Assistance Program (EdAP) for hospitality related education growth
• Employee Assistance Program (EAP) to assist with work life balance
• Management Referral Program with a $4,000 payout for qualifying management positions

Position Summary:

The Director of Property & Risk Management is key to supporting both restaurant operations and property development by managing legal, contractual, and compliance processes. This role oversees lease agreements, vendor contracts, risk management, and compliance to safeguard the company's interests. Focused on optimizing contract terms and legal compliance across all restaurant and development assets, this position requires expertise in contract negotiation, restaurant operational needs, and vendor relationship management.

Essential Job Duties:

• Lease and Contract Management: Oversee all lease agreements and service contracts to ensure they meet legal and operational standards for both restaurant and property development projects. Lead the contract review process, including redlining, to optimize terms and protect company interests.
• Vendor Contract Oversight: Manage and track vendor contracts for restaurant operations, including food, equipment, and service agreements, to ensure compliance with legal standards, favorable terms, and alignment with operational needs.
• Development and Operations Support: Partner with the restaurant operations and development teams on property acquisitions, expansions, renovations, and operational contracts. Ensure all projects align with regulatory standards and operational goals.
• Risk Management and Compliance: Identify, assess, and mitigate legal risks associated with property development, restaurant operations, and vendor agreements. Develop and implement risk management strategies to ensure compliance with industry regulations, lease terms, and safety standards.
• Insurance and Liability Oversight: Review and manage insurance policies across properties and restaurant operations to ensure adequate coverage for development and operational needs. Address any gaps in liability and adjust policies to protect the company's interests.
• Document Preparation and Legal Compliance: Prepare, review, and maintain all legal documents related to real estate transactions, lease agreements, and vendor contracts. Ensure documentation adheres to regulatory standards and supports restaurant operational objectives.
• Cross-Functional Communication: Act as the primary liaison with vendors, property owners, tenants, and regulatory agencies. Provide updates, clarify terms, and respond to questions regarding restaurant operations, lease terms, and contract compliance.
• Financial and Legal Reporting: Generate and interpret reports on legal compliance, contract performance, and risk factors for restaurant and property development projects, providing insights to support strategic decision-making.
• Market and Legal Research: Stay informed of restaurant industry regulations, vendor contract standards, and property development laws. Advise on best practices and emerging trends relevant to restaurant operations and real estate management.
• Manages client relations and acts as liaison with other disciplines and departments to establish and maintain collaborative working relationships.
• Demonstrates a positive, professional and client-oriented attitude about the company with coworkers, clients and the public whether contact is by mail, telephone or in person.
• Manages administration of aviation assets including tracking, maintenance, and usage.
• Performs other duties and projects as directed by the CEO, CFO or President of Restaurants.

Education/Experience:

• Associate's degree in paralegal studies is required
• Certification: Paralegal certification from an accredited program, such as those approved by the American Bar Association (ABA), is preferred.
• Bachelor's Degree (Legal Studies, Paralegal Studies, Real Estate, Property Management, or other related degree) preferred
• Experience in commercial property management/real estate is preferred.
• Experience in retail, hospitality, or other customer-facing industries is a plus.
• 3 years of experience demonstrating strong knowledge of leasing processes both locally and nationally, with ability to analyze, summarize, and report findings
• Proven track record of managing large portfolios of properties, including capital projects and renovations.
• Strong knowledge of building systems, maintenance protocols, and regulatory requirements.
• Ability to develop and manage budgets effectively.
• Leadership experience with a strong ability to influence and drive results.

Required Skills:

• Strong paralegal or legal experience with contracts is required.
• Expertise in lease negotiation, contract redlining, and legal compliance in vendor contracts and property agreements.
• High level of accuracy in reviewing and preparing legal documents.
• Strong proficiency in identifying suppliers/sources, securing bids, evaluating quote information, negotiating prices and terms and selecting vendors
• Exceptional organizational skills to manage multiple tasks and maintain detailed records.
• Excellent negotiation, communication, and project management skills.
• Computer-proficient with strong experience with Word, Excel, Outlook, and PowerPoint programs
• Excellent hospitality and teamwork skills
• Ability to multi-task (prioritize crisis, problems, and needs)
• Ability to speak clearly and listen attentively to other employees and managers
• Ability to read and/or follow written and verbal instructions and implement the same
• Ability to apply common sense understanding to carry out instructions
• Ability to understand policies and procedures and to implement and enforce the same.