The Vice President of Asset Management (Operations - VPAM) is a key leadership role responsible for overseeing the efficient and profitable operation of a diverse multifamily property portfolio. This position serves as a critical link between executive leadership and regional management teams, ensuring optimal performance across all assets.

Compensation

• Base Salary: $140,000 per year
• Annual Performance Bonus: Up to $65,000

Schedule

• Full-time, minimum 40 hours per week
• Occasional evenings, weekends, and off-hours as needed
• Travel: 25% in office/remote, up to 75% Travel required (visiting properties/assets)

Reporting Structure

Reports to:

• Senior Vice President, Asset Management
• Executive Leadership Team

Primary Responsibilities:

Financial Oversight

• Review and approve expenses up to $15,000
• Oversee revenue management and rent pricing strategies
• Monitor delinquency levels and work with legal counsel on complex cases
• Assist in annual budget preparation and ongoing financial analysis

Team Leadership

• Directly manage Regional Managers across multiple markets
• Provide mentorship, problem-solving support, and performance management
• Serve as interim coverage during Regional Manager absences
• Train new Regional Managers as needed

Operational Excellence

• Ensure timely execution of lease renewals, rent collections, maintenance, and move-in processes
• Lead weekly pricing strategy meetings with regional teams and third-party partners
• Oversee ancillary revenue streams and leasing concessions
• Manage vendor relationships and negotiate service contracts

Asset Performance

• Conduct quarterly site inspections of properties
• Develop and implement action plans for property improvements
• Oversee preventative maintenance programs
• Collaborate with maintenance teams on small to medium-sized renovation projects

Strategic Initiatives

• Assist in developing and implementing new operational procedures
• Participate in due diligence for potential acquisitions
• Support the rollout of training initiatives and policy updates
• Represent the company in interactions with local government entities

Qualifications

• Extensive experience in multifamily property management or asset management
• Strong financial acumen and budgeting skills
• Excellent leadership and communication abilities
• Proficiency with property management software and data analysis tools
• Willingness to travel regularly for site visits and team meetings

Travel Requirements

• Regular travel to properties within the portfolio (primarily regional, some national)
• Occasional travel for acquisitions due diligence or industry events

Job Type: Full-time

Pay: $145,000.00 - $205,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Compensation Package:

• Quarterly bonus

Schedule:

• 8 hour shift
• Day shift
• Evening shift
• Monday to Friday
• Weekends as needed

Experience:

• Asset/Apartment Property Operations Management: 5 years (Required)

Work Location: Hybrid remote in Dallas, TX 75211