VP Development Operations

XCORP AvalonBay Communities Inc.; United States; On-site; USD 175,000 - 291,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) with company match

Paid vacations and holidays

Exclusive team member housing discount

Job summary

Vivmark Residential is seeking a Vice President of Development Operations to lead the processes, governance, and operational infrastructure that support one of the nation’s most active multifamily development platforms.

This role partners with Development, Construction, Design, Operations, Asset Management, Finance, Legal, HR, and Technology to drive efficiency, consistency, and transparency across the lifecycle. A strong financial acumen and strategic mindset are essential.

Qualifications

• 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

Responsibilities

• Lead Development Governance across markets, product types, and investment opportunities
• Refine standards and drive disciplined decision-making throughout the development pipeline
• Oversee Investment Committee materials and development reporting timelines, analytics, and protocols
• Build scalable development processes, dashboards, and reporting tools
• Lead executive and public reporting on development activity
• Manage development overhead budgets and resource planning
• Support talent development and HR initiatives

Skills

Leadership

Cross-functional collaboration

Governance

Strategic thinking

Education

Bachelor's degree in Real Estate, Finance, Business, Urban Planning, Architecture, Engineering, Construction Management, or a related field

Job description

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 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.

Location & Pay

Position Type: Full time

Weekly Scheduled Hours: 40

State: Virginia

City: Arlington

Zip Code: 22203

Total Base Pay Range: $174,700.00 - $291,200.00

The Role

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.

What You'll Do

Lead Development Governance: You’ll 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, you’ll help continuously refine standards, incorporate lessons learned, and drive disciplined decision‑making throughout the development pipeline.

Drive Investment Committee Excellence: You’ll 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.

You’ll 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: You’ll 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: You’ll 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: You’ll partner with Development and Finance leaders to manage development overhead budgets, workforce planning, resource allocation, and expense governance.

You’ll 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: You’ll 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.

You’ll also oversee the Development Intern Program and help strengthen talent acquisition, succession planning, and workforce development efforts across the development organization.

What We're Looking For

Required Qualifications

• 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

Preferred Qualifications

• 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

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. You’ll 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 you’re passionate about creating structure from complexity, improving how organizations operate, and enabling large‑scale real estate development success, we’d 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 (https://www.avaloncommunities.com/california-personnel-privacy-notice/)

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.