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Related Group

Senior Vice President

Related Group, Irvine, California, United States, 92713

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Responsibilities

The Regional Senior Vice President - West Region is responsible for leading the operational and financial performance of Related Affordable's growing affordable housing portfolio across the central region. This role focuses on ensuring high-quality property management, maintaining compliance with affordable housing regulations, and driving financial and operational success.

Reporting to the Executive Vice President, the Regional Senior Vice President will work closely with internal teams, owners, investors, and external stakeholders to enhance portfolio performance and resident experience.

ESSENTIAL JOB FUNCTIONS:

Lead the management of over 60 properties and 7,700 apartment units across Southern and Northern California, ensuring operational efficiency and compliance with all applicable regulations. Build and maintain strong relationships with owners, investors, internal partners, state agencies, and local officials to align business priorities and objectives. Oversee staffing needs and performance, partnering with Human Resources to recruit, develop, and retain top talent within the region. Manage and oversee the operating P&L for the assigned portfolio, working closely with ownership to develop, implement, and track budgets effectively. Drive operational improvements by implementing best practices and company standards, optimizing key performance metrics. Ensure continuous improvement in occupancy, affordable compliance, accounts payable and receivable, capital projects, unit renovations, resident and employee experience, Fair Housing compliance, emergency response, risk/loss management, and special claims collection. Hold teams accountable for regular site visits, ensuring properties meet company standards for curb appeal, physical maintenance, and site operations. Identify underperforming assets and implement strategic solutions to enhance performance, resident satisfaction, and property value. Promote a positive workplace culture centered on community, integrity, and operational excellence, fostering an environment where employees and residents thrive.

WHY YOU'LL LOVE IT HERE Lots of paid time off (19+ days!) - we value your life outside of work. Customizable total rewards package - pick from our medical, vision and dental options, along with our life insurance and an Employee Assistance Program Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life and AD&D insurance; paid leave & disability programs. Mental health resources, such as counseling, are available to our team members. Fertility benefits - such as surrogacy, adoption assistance and more! Paid time off to volunteer and we will match your charitable donations! We are a passionate team making real impact on the world! Grow with us - learning & training programs; tuition & certification reimbursement; internal advancement opportunities are available...and so much more.

Anticipated salary range: $275,000 - $300,000 USD per year Annual Performance Bonus

This range is provided as a general guideline and reflects what we reasonably expect to pay for this role at the time of posting. Actual compensation may vary depending on a variety of factors, including the candidate's qualifications, geographical location, and the specific responsibilities of the role. In addition to salary, this position may be eligible for performance bonuses and a comprehensive benefits package, including health insurance, retirement plans, and paid time off.

Final compensation offers will be determined following a thorough assessment of the candidate's background and the requirements of the position.

Qualifications

15+ years in property management, affordable housing, or real estate operations, with at least 5-7 years in a senior leadership role overseeing a multi-state portfolio. Strong working knowledge of LIHTC and project-based section 8 (HUD) affordable housing compliance programs; certifications such as CPO, CPM, SHCM, TCS, or BOS are a plus, along with experience in major rehabs and renovations. Bachelor's degree or equivalent experience. Goal-oriented leader with a genuine care and concern for your team, clients, and residents. Previous experience with major rehabs/renovations. Experience with RealPage OneSite, Yardi and JD Edwards (or similar software program). Highly financial savvy, with proficiency in reading operating statements, budgets and credit/debits/re-classes and accruals. Committed to exceeding expectations by providing exceptional service and maintaining high standards. Team player, believing in the power of collaboration to achieve shared goals. Trustworthy and reliable, consistently doing the right thing with integrity. Welcoming and inclusive, valuing diverse ideas and perspectives. Strong leadership skills, holding your team accountable and fostering collaboration across departments to achieve objectives. Demonstrates accountability and reliability by taking full ownership of projects and outcomes, prioritizing precision and attention to detail, and approaching challenges with grit, resilience, and proactive problem-solving, while continuously engaging in learning and development to enhance performance; fosters collaboration and a resident-centered environment, ensuring empathy, respect, and cross-functional success in all interactions. Ability to travel within the portfolio and respond to off-hour emergencies as needed.

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Overview

Related Affordable spearheads Related's initiatives to preserve and enhance the nation's affordable housing supply. With over 50 years of experience in affordable housing acquisitions and development, Related Affordable is renowned nationally for its financing, preservation, and rehabilitation innovation. Presently, Related Affordable manages one of the largest affordable housing portfolios in the United States. Our team is committed to the principle that everyone deserves a quality home, and we tirelessly strive to fulfill this mission in communities nationwide. Visit our website for more information: Related Affordable Housing.

We are proud to be an equal-opportunity employer committed to building an inclusive culture with competitive compensation aligned with experience and market standards.

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