VP Development Operations

AvalonBay Communities•Arlington, TX

2d•Onsite

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.

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

Responsibilities

Lead Development Governance: 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, help continuously refine standards, incorporate lessons learned, and drive disciplined decision-making throughout the development pipeline.
Drive Investment Committee Excellence: 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.
Build Operational Excellence: 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: 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: 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.
Support Talent Development and Growth: 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. Oversee the Development Intern Program and help strengthen talent acquisition, succession planning, and workforce development efforts across the development organization.