Vice President Residential Operations Midatlantic RegionHybrid
Vice President Residential Operations Midatlantic RegionHybrid
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$ 175000 - 230000
1 Vacancy
Job Description
Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground aggregate and invest capital for impact advance housing policy at every level of government and build and manage communities ourselves. Since 1982 we have invested $80.9 billion and created 1 million homes across all 50 states the District of Columbia Puerto Rico and the U.S. Virgin Islands all to make home and community places of pride power and belonging.
Join us at enterprisecommunity
Working at Enterprise
At Enterprise youll be part of a diverse committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. Youll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where youre valued and supported in your growth journey.
Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.
Job Description Summary:
The Vice President of Property Operations leads a portfolio of properties within MD DC VA or PA. In collaboration with their colleagues this leader will provide longterm direction for their portfolio and as acquisitions of properties/portfolios are made will be responsible for growth integration and stabilization processes for newly acquired assets.The positions responsibilities will center on managing a team of Regional Managers and onsite team members. This leader and team will be supported by various shared services team members from Human Resources Marketing and Communications Compliance Engineering Procurement Information Technology (Yardi) and Accounting. The Vice President of Property Operations will work closely with the Asset Management team in meeting financial objectives through a team process.
The responsibilities and expectations with this senior management position are consistent with bestinclass apartment property management industry operating practices and include:
Instill a sense of operational excellence pride and teamwork amongst all employees by establishing and executing a vision and principles that drive all operations.
Identify opportunities to leverage best practices and develop processes that optimize financial performance and budget compliance.
Ensure communities are meeting all requirements established with each transaction and that all aspects of the lowincome housing tax credit program State and local programs/housing practices and HUD programs (REAC MOR EIV Fair Housing etc. are managed to the exacting standards set forth by regulations law and development covenants.
Contribute to the development and of an influential people operations strategy that allows for attracting and retaining talent to make each community successful.
Create annual budgets an operating forecast a yearly capital plan (in concert with Engineering) and action plans for corrective measures by team members.
Provide team members with accurate guidance particularly around blended housing programs e.g. LIHTC HUD HOME and State and local housing programs.
Review development underwriting financial statements and transaction covenants typically found in affordable housing and be able to communicate complex issues effectively.
Maintain awareness of market/industry conditions and trends via professional organizations and regularly evaluate market conditions and comparable properties.
Engage in public policy and industry forums that advance and support the work of Enterprise.
Experience/Education Requirements:
Bachelors degree in a related field or equivalent work experience.
5 10 years of progressive leadership experience in multisite affordable housing property management with 3 years experience as a leader of people and teams.
Prior urban portfolio management experience ideally operating in Washington DC.
New construction/preservation experience with a strong record of successful leaseups
Sound understanding of real estate and property management operations as it relates to budgeting financial management team development performance management and leasing.
Deep understanding of current trends in the real estate industry.
Attainment of relevant industry training credentials examples from the following: CPM CSM RPA CPO BCD FHC SHCM NAHP CPM HCCP COS CAM CRM TCS BOS and Fair Housing training)
Strong leadership skills analysis problemsolving communication.
Physical Demands and Work Environment
The physical demands and work environment characteristics described here represent those that must be met by an associate to perform the jobs essential functions successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions; however the work tasks described here require strength and stamina.
While performing the job duties the associate is often required to read write use hands to finger handle or feel objects or controls reach with hands and arms talk and hear and lift heavy items. Specific vision abilities required for this position include close vision distance vision peripheral vision depth perception and the ability to adjust focus. For safety purposes work shoes/boots (nontennis shoes) are a requirement. The associate must also have the ability to access all areas of the community without the assistance of an elevator.
While performing the duties of this job the associate must be available to work for temporary or extended periods at other locations including property locations within or near transitional neighborhoods. The associate may be required to work extended periods of time at a computer.
The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties responsibilities and skills required of personnel so classified.
The employee must be able to work in a fastpaced environment with a demonstrated ability to manage and prioritize multiple competing tasks and demands and to seek supervisory assistance as appropriate. The employee is expected to adhere to all company policies including the code of conduct and conflict of interest and work to the highest industry professional standards.
Enterprise Residential provides attractive levels of Paid Time Off which employees are to use and there are a number of companypaid holidays. Enterprise Residential supports a positive worklife balance.
Total Rewards at Enterprise:
You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing. Enterprise offers a comprehensive total rewards package for you and your family.
The base salary range to offer for this role is between $175000 to $230000 per year depending on level of skills and experience.
The salary range for this position is between the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills education location experience and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise and other rewards may include annual performance bonuses and generous paid leave programs.
At Enterprise our benefits form a major component of our total rewards package. Benefits include dental health and vision care plans as well as familybuilding benefits such as fertility adoption surrogacy support and genderaffirming care. Enterprise allows flexible work arrangements to promote a better worklife balance. We offer health advocacy EAP and mental health benefits. We round out our total rewards package by offering financial education wellness programs and autoenrollment in the companys 401(k) plan with employer matching contributions. Finally you will have learning and development opportunities including tuition reimbursement for jobrelated courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.
Enterprise Residential is an equal opportunity employer. Qualified applicants for this position will receive consideration for employment without regard to their race color religion sex sexual orientation gender identity national origin age marital status protected veteran status or disability status.
Required Experience:
Chief
Employment Type
Full-Time
