VP Development Operations

AvalonBay CommunitiesArlington, TX
$174,710 - $291,200Onsite

About The Position

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 we're looking for people who want to help us do it. As an owner, developer, and manager of more than 180,000 apartment homes in major markets across the US, we have the scale to offer something most companies can't. 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 you're one of them. This role has two salary ranges, depending on the level at which the candidate is hired: Senior Director Development Operations: $156,000 - $260,000 Vice President Development Operations: $174,710 - $291,200 The final level will be determined based on each candidate's 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 nation's 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.

Requirements

  • Bachelor's 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

Nice To Haves

  • Master's 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
  • 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

Responsibilities

  • Create and maintain the tools, policies, approval frameworks, and decision-making processes that help ensure consistent execution across markets, product types, and investment opportunities.
  • Continuously refine standards, incorporate lessons learned, and drive disciplined decision-making throughout the development pipeline.
  • 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.
  • 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.
  • Identify opportunities to improve efficiency, reduce cycle times, increase visibility, and strengthen execution throughout the development organization.
  • Design scalable development processes and workflows.
  • Implement standardized templates, dashboards, and reporting tools.
  • Leverage technology and analytics to improve decision-making.
  • Drive continuous improvement initiatives across regions.
  • Capture and share best practices throughout the organization.
  • Lead development-related reporting for executive leadership, governance committees, investor-facing materials, and public disclosures.
  • Monitor development pipeline performance, project approvals, capital deployment, timing expectations, investment activity, and key risks while transforming complex information into clear executive-ready insights.
  • Partner with Development and Finance leaders to manage development overhead budgets, workforce planning, resource allocation, and expense governance.
  • Provide leadership with actionable insights regarding development capacity, budget performance, regional staffing needs, and the operational implications of changing business priorities.
  • Partner with HR and Learning teams to support onboarding, training, systems adoption, and change management initiatives.
  • Oversee the Development Intern Program and help strengthen talent acquisition, succession planning, and workforce development efforts across the development organization.

Benefits

  • medical, dental, and vision coverage
  • a 401(k) with company match
  • paid vacation and company holidays
  • exclusive team member housing discounts
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