Director of Operations, Multifamily Real Estate

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Director of Operations, Multifamily Real Estate

WPM Real Estate Management

icon Owings Mills, MD, US, 21117

iconFull Time

icon7 November 2024

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Job details

Description

WPM is in search of a qualified candidate to fill the role of our Director of Operations for our Multifamily division. In this role, you will also serve as a Regional Property Manager for a small portfolio. As the Director of Operations, you will be responsible for supporting the President of MRE in oversight, management and growth of the division. You will need to be a change agent, energized by the daily challenges that could be presented as a critical part of a growing firm. In your role as a Regional Property Manager, you will have a unique opportunity to be on the front lines and behind the scenes in the multifamily real estate industry.

Essential Functions:

Director of Operations

  • Serves as a positive advocate of change and growth and effectively communicates initiatives deemed as important to the organization to gain buy-in of the Associates
  • Supports successful, lasting client relationships
  • Assists in creating an annual divisional plan with high level divisional business objectives and cascading objectives for each team member
  • Assists in the oversight of MRE management operations, ensuring profitability, superior customer service and workforce engagement and retention
  • Ensures annual budgeting process for all properties is completed timely and accurately
  • Participates in the training and development of Managers to raise the standards particularly relating to financial acumen and budgeting skills
  • Coordinates actively with Accounting, IT, Marketing and Human Resources responsible for MRE
  • Collaborates with President and Business Development Team to leverage professional contacts to identify new business opportunities
  • Participates in Community relationship activities to drive new business opportunities
  • Identifies areas of efficiency, while ensuring that the division is up to date on federal, state and local regulations
  • Audits policies and procedures on an ongoing basis and collaborates with various departments along with the RPM Team to implement new policies and refresh current policies as the need arises
  • Collaborates with Training and HR to maintain a centralized location for policies and procedures that is easily accessible for Associates
  • Oversees compliance with policies and procedures in collaboration with the various departments within MRE
  • Assists in supervisory duties for RPMs to include teaching, coaching, and providing performance feedback (specific, positive/constructive)
  • Provides an example for Regional Property Managers of optimum ways to manage positive and effective investor relationships
  • Collaborates with VP of Marketing and the Marketing Team to promote and drive rental activity at the MRE property level
  • Advises Human Resources regularly of human capital needs
  • Works closely with vendors in ensuring that Multifamily managed properties receive value and service for contracted work
  • Maintains an emerging leadership presence within industry groups (MMHA, IREM, etc.) that support the Company’s professional standing
  • Evaluates investment opportunities for viability and participates in business development activities to include proforma budgeting and pre-development consulting
  • Performs other duties as assigned

Regional Property Manager

  • Directs and coordinates all activities of the properties in his/her portfolio to ensure client’s financial and business objectives are achieved
  • Oversees implementation of comprehensive programs, initiatives and strategies that promote the achievement of optimum performance by the properties within his/her portfolio
  • Oversees the work of Senior Property Managers and/or Property Managers who supervise on-site personnel for the properties within his/her portfolio
  • Responsible for developing budgets, monitoring actual performance against budget, and providing information to clients regarding the performance of the properties within his/her portfolio
  • Maintains excellent relationships through responsive communication with residents to optimize their confidence in the community as a clean, safe and well-maintained community
  • Maintains professional relationships with clients, associates, applicants, visitors and representatives of other companies
  • Performs other duties as assigned

Knowledge, Skills, and Abilities:

  • Strong knowledge of systems, materials, and components of multifamily buildings
  • Strong sales orientation and vision for accomplishing growth
  • Ability to inspire, lead and mentor a large team of professionals
  • Ability to instill confidence and trust with real estate owners
  • Ability to manage complex relationships with clients and employees in constructive ways
  • Ability to effectively present and speak to audiences
  • Strong orientation to using technology to gain efficiencies, proficient with Microsoft Word, Microsoft Excel, and Microsoft Outlook
  • Ability to work effectively as a team member
  • Ability to be calm under pressure
  • Oriented to continuous learning
  • Ability to teach and effectively coach team members
  • Ability to manage multiple and competing priorities
  • Excellent written and verbal skills
  • High integrity and ethical behavior

Education and Experience:  

  • Bachelor’s degree in business or related field preferred
  • Five (5) years of experience in a management role with at least three (3) years in a senior management or leadership role demonstrating sound management judgment and discretion in professional real estate settings
  • Certified Property Manager (CPM) or CPM Candidate designation by Institute of Real Estate Management, or Certified Commercial Investment Member (CCIM) designation by CCIM Institute preferred
  • Familiarity with industry management accounting systems desired

Qualifications

Skills

Required

Problem solving
Advanced
People management
Advanced
Meeting deadlines
Advanced
Business development
Advanced
Business communications
Intermediate
Customer service
Advanced
Auditing
Intermediate
Advising people
Intermediate
Attention to detail
Advanced

Preferred

Leading teams
Advanced
Contract management
Intermediate
Consulting
Intermediate
Coaching individuals
Intermediate
Dealing with complaints
Intermediate

Behaviours

Preferred

Thought-provoking
: Capable of making others think deeply on a subject
Team player
: Works well as a member of a group
Leader
: Inspires team mates to follow them
Dedicated
: Devoted to a task or purpose with loyalty or integrity
:

Motivation

Preferred

Goal completion
: Inspired to perform well by the completion of tasks
Ability to make an impact
: Inspired to perform well by the ability to contribute to the success of a project or the organisation
Self-starter
: Inspired to perform without outside help
:

Education

Experience

Licences & certifications

Required

Certified Apartment Mgr