VP Development Operations

Job Description

VP Development Operations

Position Type:

Full time

Weekly Scheduled Hours:

40

State:

Virginia

City:

Arlington

Zip Code:

22203

Total Base Pay Range:

$174700.00 - $291200.00

Overview:

Vivmark Residential exists to set the mark for what home can be. Formed through the merger of AvalonBay Communities and Equity Residential Vivmark brings together two industry leaders with a shared commitment to excellence innovation and delivering exceptional living experiences. Our vision is to be the most trusted and best-performing rental housing company in America - one that continues to get better as it grows. And were looking for people who want to help us do it.

As an owner developer and manager of more than 180000 apartment homes in major markets across the US we have the scale to offer something most companies cant. At Vivmark team members move up and across functions markets and disciplines building lasting careers. We invest in team members growth development and capabilities that make them and us better and we hold ourselves to the highest standard as an employer.

The best people want to work here. We hope youre one of them.

The Role:

This role has two salary ranges depending on the level at which the candidate is hired:

• Senior Director Development Operations: $156000 - $260000

• Vice President Development Operations: $174710 - $291200

The final level will be determined based on each candidates professional experience qualifications and overall fit for the role.

Vivmark Residential is seeking a Vice President or Senior Director of Development Operations to lead the processes systems governance and operational infrastructure that support one of the nations most active multifamily development platforms.

This role sits at the center of the development organization and partners closely with Development Construction Design Operations Asset Management Finance Legal HR and Technology teams to drive efficiency consistency and transparency across the development lifecycle.

The successful candidate will be a strategic thinker with deep real estate development process expertise strong financial acumen and a proven ability to improve complex business processes. This leader will help shape how investment decisions are made how projects move through approvals how performance is measured and how the organization scales for future growth.

What Youll Do:

Lead Development Governance

Youll create and maintain the tools policies approval frameworks and decision-making processes that help ensure consistent execution across markets product types and investment opportunities.

Working closely with Development Design and Construction leadership youll help continuously refine standards incorporate lessons learned and drive disciplined decision-making throughout the development pipeline.

Drive Investment Committee Excellence

Youll oversee the governance and management of investment approval processes including Management Investment Committee (MIC) materials and Development Community Report (DCR)materials timelines analytics and protocols.

Youll ensure underwriting assumptions remain current coordinate input from stakeholders across multiple functions and help leadership make informed investment decisions supported by clear and accurate analysis.

Build Operational Excellence

Youll identify opportunities to improve efficiency reduce cycle times increase visibility and strengthen execution throughout the development organization.

Key responsibilities include:

• Designing scalable development processes and workflows

• Implementing standardized templates dashboards and reporting tools

• Leveraging technology and analytics to improve decision-making

• Driving continuous improvement initiatives across regions

• Capturing and sharing best practices throughout the organization

Oversee Executive and Public Reporting

Youll lead development-related reporting for executive leadership governance committees investor-facing materials and public disclosures.

This includes monitoring development pipeline performance project approvals capital deployment timing expectations investment activity and key risks while transforming complex information into clear executive-ready insights.

Lead Resource Planning and Financial Oversight

Youll partner with Development and Finance leaders to manage development overhead budgets workforce planning resource allocation and expense governance.

Youll provide leadership with actionable insights regarding development capac

ity budget performance regional staffing needs and the operational implications of changing business priorities.

Support Talent Development and Growth

Youll play a key role in building organizational capability by partnering with HR and Learning teams to support onboarding training systems adoption and change management initiatives.

Youll also oversee the Development Intern Program and help strengthen talent acquisition succession planning and workforce development efforts across the development organization.

What Were Looking For:

Required Qualifications

• Bachelors degree in Real Estate Finance Business Urban Planning Architecture Engineering Construction Management or a related field

• 12 years of progressive experience in real estate development development operations investment underwriting or related leadership roles

• Significant experience leading cross-functional initiatives and managing complex stakeholder groups

• Strong knowledge of development underwriting investment committee processes governance structures and development pipeline management

• Experience managing budgets operational planning and organizational performance metrics

Preferred Qualifications

• Masters degree in Real Estate Development Finance Business Administration or related field

• Experience within multifamily mixed-use commercial real estate or related asset classes

• Background leading large-scale process improvement reporting or operational transformation initiatives

Key Success Factors

• Strategic thinker with strong business and financial acumen

• Ability to translate complex information into actionable recommendations

• Exceptional communication and executive presentation skills

• Proven ability to influence across functions and levels of the organization

• Strong analytical operational and problem-solving capabilities

• Collaborative leadership style with a focus on accountability and results

• Ability to build scalable systems processes and governance frameworks that support growth

Why This Role Matters

This is a highly visible leadership role with broad influence across the development organization. Youll work directly with senior executives and business leaders to shape processes improve decision quality drive operational excellence and help scale a best-in-class development platform.

If youre passionate about creating structure from complexity improving how organizations operate and enabling large-scale real estate development success wed like to hear from you.

Estimated Travel: Approximately 20% business travel including visits to development and construction sites.

How Vivmark Supports You:

We know that our teams are the beating heart of our success and we re committed to showing our appreciation.

We offer:

• A competitive benefits package that supports your health financial well-being and work-life balance including medical dental and vision coverage a 401(k) with company match paid vacation and company holidays and exclusive team member housing discounts.

Additional Info:

Vivmark Residential is proud to be an equal opportunity employer and is committed to an inclusive and diverse work environment free of discrimination and harassment. We believe that in order to achieve our purpose of creating a better way to live we must recruit develop and retain associates with a wide range of backgrounds experiences and perspectives and create an environment that encourages all voices to be heard understood and appreciated. With this we know we can do great things.

Vivmark Residential makes employment decisions without regard to a person s race ethnicity color religion sex national origin sexual orientation gender identity pregnancy (including childbirth lactation or related medical conditions) age physical or mental disability genetic information (including characteristics or testing) citizenship status military or veteran status or any other status protected by the law.

Vivmark Residential will consider for employment qualified applicants with criminal histories in a manner consistent with requirements under the law.

Applications are being accepted on an ongoing basis.

Vivmark Residential does not require or request that you provide any information that identifies your age date of birth or dates of school attendance or graduation. Please redact this information prior to the submission of your application and/or leave these fields incomplete on your application.

For California residents if you elect to apply to Vivmark Residential you accept the Vivmark Residential California Personnel Privacy Notice ( Fees Notice & Recruitment Fraud Disclaimer:

Vivmark Residential is aware that there is recruitment fraud activity whereby scammers impersonate Vivmark Residential and offer fake employment opportunities to candidates. These scammers often seek to obtain personal information or money from candidates.

Please note that Vivmark Residential will never charge any candidate a registration fee hiring fee or any other fee in connection with its recruitment and hiring process. If you suspect that you are being contacted by a scammer impersonating our company please report it immediately to our official HR Department ().

Required Experience:

Exec