Program Manager, Real Estate Dvpmt & Commercial Strategy
vst
First seen here Oct 28, 2026 · last confirmed Oct 28, 2026.
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If you have what it takes to become part of the Vistra family and would like to start a promising career with a global leader, take a look at the exciting employment opportunities that are currently available and apply online. Job Summary Program Manager – Real Estate Development & Commercial Strategy is a senior individual contributor responsible for advancing complex real estate and commercial matters supporting the company’s development portfolio. Reporting to the Senior Director of Real Estate and Land Management, this role independently evaluates corporate development opportunities, identifies and mitigates risk, develops and recommends real estate strategies, coordinates complex transactions and negotiations, and resolves commercial issues affecting project advancement. The Program Manager works closely with Development, Construction, Legal, Finance, Strategy, Engineering, Environmental, and other business functions to translate project objectives into executable real estate strategies. This role requires strong commercial judgment, strategic thinking, negotiation skills, and the ability to independently manage high-priority matters with limited oversight while appropriately escalating significant business decisions and risks. *** This position may be based at any of our established Vistra sites or offices*** Job Description Key Accountabilities •Manage development project deliverables, ensuring financeability and insurability are achieved •Develop and execute real estate strategies and commercial positions based on project objectives, economics, valuation, market conditions, contractual rights, and risk; lead negotiations with landowners and other counterparties •Optimize complex real estate transactions and commercial initiatives supporting corporate growth and development projects, including site control, acquisitions, easements, crossing agreements, and other strategic real estate matters •Independently identify, evaluate, and resolve complex real estate and commercial issues affecting project viability, schedule, cost, risk, or value, providing clear recommendations and escalating significant decisions as appropriate •Collaborate with cross-functional real estate workstreams with Development, Strategy, M&A, Legal, Finance, Construction, Operations, Environmental, and other stakeholders to advance priority projects and provide strategic analysis and decision support to Real Estate leadership Education, Experience & Skill Requirements •Bachelor’s degree in real estate, business, finance, economics, energy, land management, or related discipline, or equivalent relevant experience •7+ years of relevant corporate or commercial real estate, energy, land or infrastructure development experience, with demonstrated responsibility for complex transactions or development matters •Strong knowledge of real estate transactions, site control, contracts, valuation, due diligence, negotiations, and development-related commercial considerations; corporate, energy or infrastructure development experience strongly preferred •Proven ability to independently coordinate complex matters with limited oversight, exercise sound judgment, prioritize competing objectives, and recognize when issues require leadership escalation •Strong negotiation, commercial, influence, communication, and executive presentation skills, with demonstrated ability to work effectively across business functions and with external counterparties •Ability to understand broader project-development objectives and economics and translate them into effective real estate strategies and profitable commercial outcomes. •This position may be based at any of our established Vistra sites or offices Key Metrics •Successful advancement of priority development projects and transactions, including achievement of critical real estate and commercial milestones •Commercial value and risk management, demonstrated through effective transaction structures, negotiations, recommendations, and resolution of complex issues •Effectiveness of cross-functional execution, including timely resolution of issues affecting project viability, schedule, cost, or strategic objectives •Demonstrated ability to independently manage complex, high-priority matters with appropriate judgment, accountability, and escalation Job Family Facilities Company Vistra Corporate Services Company Locations Luminant Real Estate Texas We are a company of people committed to: Exceeding Customer Expectations, Great People, Teamwork, Competitive Spirit and Effective Communication. If this describes you, then apply today! If you currently work for Vistra or its subsidiaries, please apply via the internal career site. It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws. If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at assistance@vistraenergy.com to make a request. Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, that provides essential power resources to customers, businesses, and communities from California to Maine. Vistra is the largest competitive power generator in the U.S., with a capacity of approximately 41,000 megawatts, or enough to power 20 million homes, operating in all of the major competitive wholesale markets in the country. Vistra is a leader in the energy transformation and expansion with an unyielding focus on reliability, affordability, and sustainability, powered by a diverse portfolio that includes natural gas, nuclear, coal, solar, and battery energy storage facilities. The company continues to grow its zero-carbon resources, operating the second-largest fleet of competitive nuclear power plants in the country, substantial battery energy storage capacity, and a growing number of solar facilities. Vistra is one of the largest competitive electricity providers in the country and takes an innovative, customer-centric approach to retail, offering solutions to meet customers’ needs, including more than 50 renewable energy plans. Through its family of retail brands, Vistra serves approximately 5 million residential, commercial, and industrial retail customers. As a leader in the responsible transformation of the country’s energy supply, Vistra has made significant progress towards its 2030 and 2050 targets. The company has committed to a 60% reduction of Scope 1 and 2 greenhouse gas emissions by 2030, as compared to our 2010 baseline, and net-zero carbon emissions by 2050, assuming necessary technological advancements and public policy incentives are achieved. Learn more about our environmental, social, and governance efforts and read the company’s sustainability report at https://vistracorp.com/sustainability/. Vistra’s hardworking team is committed to its purpose, “lighting up lives, powering a better way forward” and is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors. Learn more about how Vistra is powering a better way forward at vistracorp.com. Come join us and be part of something special! Click here to learn more about Vistra. It is the policy of the Company to comply with all employment laws and to afford equal employment opportunity to individuals in all aspects of employment, including in selection for job opportunities, without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, disability, genetic information, military service, protected veteran status, or any other consideration protected by federal, state or local laws. If you are an individual with a disability and need assistance submitting an application or would like to request an accommodation, please email us at assistance@vistraenergy.com to make a request.
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