Sample Job Description for VP Residential Property Management
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VP Residential Property Management Job Overview
VP Residential Property Management Job Description Sample
Has overall responsibility for a significant portfolio of residential properties.
JOB LEVEL
M05
EDUCATION/DEGREE
Bachelor's Degree
REPORTS TO
Top Management
Salary Range
BASE 50%
$213,800
TOTAL 50%
$268,900
Job Responsibilities for VP Residential Property Management
Develops leasing strategy and implements capital improvement plans that maximize sales, profitability, and tenant satisfaction. Trains and manages lower-level property managers. Has significant input into acquisition strategy and is responsible for overall profitability of the portfolio. May support marketing and investor relations.
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| Job Title | Job Description | |
|---|---|---|
| 1 | Real Estate Portfolio Property Manager | The Real Estate Portfolio Property Manager directs the buying, selling, and leasing of properties in the portfolio. Maintains a portfolio of properties. Being a Real Estate Portfolio Property Manager evaluates records for accuracy, completeness, and compliance with policies. Provides information on operating costs as well as the annual budget for the properties. In addition, Real Estate Portfolio Property Manager may manage commercial, industrial, or residential properties. Requires a bachelor's degree. Typically reports to top management. The Real Estate Portfolio Property Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Real Estate Portfolio Property Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. |
| 2 | Legal Affairs Director | The Legal Affairs Director provides legal advice, interpretation, and guidance to senior management and officers regarding contracts, state/federal regulatory requirements, intellectual property or trademark protection, and other business matters. Oversees the activities of the organization's legal department. Being a Legal Affairs Director coordinates and reviews the work of internal or external legal staff. Reviews all information and prepares defense for any legal actions against the organization or advises on prosecuting lawsuits on behalf of the organization. In addition, Legal Affairs Director manages staff of attorneys. Requires a Juris Doctor degree from an accredited law school and may require admittance to a state bar. Typically reports to top management. The Legal Affairs Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Working as a Legal Affairs Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. |
| 3 | Manager of Regional Real Estate/Property Management | The Manager of Regional Real Estate/Property Management develops the financial and business strategies relating to organizational property ownership. Oversees the daily operations of a group of properties. Being a Manager of Regional Real Estate/Property Management may require a bachelor's degree. Oversees other property functions, such as maintenance, asset management, human resources, or marketing. In addition, Manager of Regional Real Estate/Property Management typically reports to top management. The Manager of Regional Real Estate/Property Management typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. Working as a Manager of Regional Real Estate/Property Management typically requires 3+ years of managerial experience. |
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VP Residential Property Management Skills & Proficiency Level
| Skills | Proficiency Level |
|---|---|
| Business Acumen | Level 4 |
| Budgeting | Level 4 |
| Goal Setting | Level 5 |