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Portfolio Manager, Operations
2 months ago
Job Summary:
Waterton is seeking a highly experienced Portfolio Manager, Operations to oversee the management of our portfolio of properties. This is a critical role that requires a strong leader with a proven track record of success in property management.
Key Responsibilities:
- Ensure that assigned portfolio is achieving operational objectives per the approved business plan, while providing high-quality resident service.
- Oversee the development of and approve annual operating budgets and forecasts, as required by operating and management agreements.
- Review and approve quarterly and annual marketing plans.
- Oversee the accurate preparation and conveyance of all operational and financial data to the owner or owner's representative as required.
- Participate in asset acquisition and disposition process to ensure compliance with approved strategies and successful execution.
- Approve, with HR support, all hiring and major coaching decisions.
- Work with support departments to attract, develop, retain, and promote the best talent available.
- Identify and implement programs to meet asset preservation goals.
- Ensure that the physical property is preserved through timely execution of inspections and PM programs.
- Review current and emerging trends in property management to ensure portfolio is aligned with market conditions.
- Monitor community pricing strategy and oversee the development and implementation of rent renewal strategies, and sales and marketing plans.
- Conduct regular site visits with portfolio manager and regional manager to evaluate property conditions and renovation improvements.
- Participate in acquisitions and redevelopments making recommendations to portfolio management and Executive Committee.
- Resolve resident issues that cannot be managed at the site level.
- Supervise and mentor Regional Managers.
Requirements:
- Bachelor's Degree required. Graduate Degree preferred.
- Must have or be willing to obtain broker's licenses as required for applicable states.
- A minimum of ten (10) years' experience in property management or related experience. Level of experience may vary based on the needs of the portfolio.
- Demonstrated experience leading a team and capable of managing multiple sites.
- Up to 80% travel is required.