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Executive Vice President - Operations

Are you a visionary leader with a passion for shaping exceptional experiences? At LV Collective, we don't just operate properties—we build vibrant, community-driven environments that elevate the living experience. If you’re a strategic powerhouse with a “Get Stuff Done” (GSD) mentality and love optimizing operations, we want you to join our fast-growing team.

As our Executive Vice President of Operations, you will be a key leader at the company ensuring innovation and operational excellence, overseeing our entire portfolio of properties. You’ll drive strategic initiatives, lead top-tier teams, and create systems that ensure our properties run smoothly while maximizing value. Let’s make a lasting impact together.

Job Responsibilities:

Leadership & Strategy

  • Set the Vision: Provide visionary leadership for the future of the business, ensuring alignment with LV Collective’s mission, values, and growth objectives.
  • Strategic Excellence:  Partner with leadership in the development and implementation of strategic business practices and initiatives that drive the Company’s growth and profitability based on strategic key performance indicators.
  • Inspirational Leader:  Lead and develop team leaders that place a high priority on the professional development of their team members, encouraging collaborative contribution, ownership in quality work product, and empowerment in effective and decisive decision making where appropriate for their role.

Operations Oversight

  • Oversee Performance: Guide and develop team leaders that effectively manage the workflow and prioritization of initiatives; holding them accountable for key metrics such as budget management, leasing velocity, and resident satisfaction.
  • Financial Stewardship: Maintain strong working knowledge at all times of Company positioning in areas of portfolio financial budgeting and performance, leasing and/or occupancy, market conditions and/or trends, revenue targets, marketing trends and costs, long-term asset preservation and preventative maintenance, etc.
  • Value Creation: Analyze areas of direct oversight and collaborate closely with the asset management team for opportunities to increase efficiency and management financial performance without compromising business practices and initiatives, the quality of asset, the customer experience, and/or the employee experience.

Team & Culture

  • People-Centric Culture:  Carry out supervisor responsibilities, including appraising performance and providing timely regular feedback, and/or accountability measures, rewarding employees, addressing complaints, and resolving problems.
  • Leadership Development: Recruit, coach, and mentor leaders, ensuring they align with LV Collective’s mission and values.
  • Transparent Communication: Serve as the key liaison between property teams and executive leadership, ensuring clear and consistent communication with all stakeholders.

Process & Performance

  • Champion Excellence: Lead efforts to continuously refine processes, implement efficient systems, and improve overall property performance.
  • Collaboration Across Teams: Act as a strategic partner to the leadership team to provide insight and guidance on potential new investment and/or divestment opportunities, such as acquisitions and dispositions, ground-up development projects, joint venture partnerships, third-party management agreements, etc.
  • Brand & Compliance: Ensure all properties maintain LV Collective’s brand standards and comply with regulatory requirements while delivering an exceptional resident experience.

Bonus Points If...

  • You have extensive experience in student housing or multi-family property management.
  • You bring creative, innovative solutions to drive resident satisfaction and operational excellence.
  • You’ve successfully managed large property portfolios and teams.
  • You’re familiar with industry-leading property management platforms like Entrata or RealPage

Education & Experience

  • Required: Proven leadership experience in property operations, preferably in student housing or multifamily properties.
  • Experience managing day-to-day operations, including leasing, resident experience, vendor relationships, and capital/operational budgeting.
  • Education: A Bachelor’s degree and/or 10+ years of combined experience in Real Estate, Business Management, or a related field.
  • Software Proficiency: Familiarity with property operations software (Entrata) and Microsoft Office Suite.

Business Skills

  • Budgeting & Financial Forecasting
  • Team Leadership & Development
  • Vendor & Third-Party Management
  • Data Analysis & Reporting
  • Strategic Planning
  • Process Improvement & Efficiency
  • Risk Management
  • Project Management

LV Collective offers a collaborative, fun, and flexible work environment inside its beautifully designed office located in Downtown Austin, Texas. Perks include unlimited paid time off, a pet-friendly office culture, a fully stocked breakroom with snacks, coffee, and sparkling water, free parking, and competitive benefits, including 401k, medical, vision, and dental. Team happy hours and lunches happen often, and ping pong matches daily.

Average salary estimate

$175000 / YEARLY (est.)
min
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$150000K
$200000K

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What You Should Know About Executive Vice President - Operations, LV Collective

Are you an innovative leader ready to make a difference in the world of property management? Join LV Collective as our Executive Vice President - Operations! We're all about creating vibrant, community-centric living experiences that not only satisfy residents but also delight them. In this pivotal role, you will oversee our entire portfolio of properties, driving strategic initiatives and ensuring operational excellence. With your 'Get Stuff Done' mentality, you'll work closely with talented teams and be the force behind optimizing our operations. Your goal will be to lead with vision, set the stage for our growth, and ensure that all our properties benefit from your cutting-edge strategies. You'll play a key role in guiding team leaders to prioritize professional development and create performance metrics that matter. Accountability is essential, and you’ll focus on maximizing efficiency across the board while preserving top-quality experiences for our residents and staff alike. Enjoy a collaborative atmosphere where your ideas can shine, and let's create impactful, long-lasting changes together with LV Collective. With attractive perks and a community-driven culture, you’ll find that this isn't just a job; it’s a place where your leadership can truly flourish.

Frequently Asked Questions (FAQs) for Executive Vice President - Operations Role at LV Collective
What are the primary responsibilities of the Executive Vice President - Operations at LV Collective?

The Executive Vice President - Operations at LV Collective is responsible for providing strategic leadership, overseeing operational processes, and ensuring all properties are performing optimally. You'll guide team leaders, drive initiatives for growth and profitability, and maintain financial stewardship across the portfolio, all while fostering a people-centric culture.

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What qualifications are required for the Executive Vice President of Operations role at LV Collective?

To be considered for the Executive Vice President - Operations position at LV Collective, candidates should possess proven leadership experience in property operations, particularly in student housing or multifamily properties. A Bachelor’s degree and/or 10+ years of combined experience in Real Estate or Business Management is preferred to equip you with the necessary skills to drive operational success.

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What skills are essential for success as the Executive Vice President - Operations at LV Collective?

Essential skills for the Executive Vice President - Operations at LV Collective include budget management, team leadership and development, vendor relationships, strategic planning, and process improvement. Being proficient in financial forecasting and data analysis is crucial for making informed decisions that enhance property performance and resident satisfaction.

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How does LV Collective promote a positive company culture for the Executive Vice President - Operations?

At LV Collective, fostering a positive company culture is a priority. The Executive Vice President - Operations will contribute to a people-centric work environment that appreciates transparency, encourages collaboration, and focuses on professional development. Regular feedback, team-building events, and a supportive office atmosphere all play a part in ensuring employee satisfaction and growth.

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What is the work environment like for the Executive Vice President - Operations at LV Collective?

The work environment for the Executive Vice President - Operations at LV Collective is collaborative and dynamic, located in our beautifully designed office in Downtown Austin, Texas. We offer a fun and flexible workspace with perks such as unlimited paid time off, a pet-friendly atmosphere, and frequent team outings, fostering an inviting atmosphere where creativity and leadership can thrive.

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Common Interview Questions for Executive Vice President - Operations
Can you describe your leadership style as an Executive Vice President - Operations?

When discussing your leadership style, focus on being inspirational and participative. Highlight how you encourage team development, prioritize open communication, and champion accountability. Provide specific examples of how your style has led teams to achieve their goals and improve performance.

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What strategies would you implement to oversee property operations effectively?

Discuss various strategies, such as implementing KPI tracking and regular performance assessments. Emphasize the importance of collaboration with team leaders and the asset management team to identify opportunities for optimization, ensuring that both resident satisfaction and property performance are enhanced.

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How do you handle challenges related to budget management?

Explain your approach to budget management by discussing your experience with financial forecasting, tracking expenses, and making data-driven decisions. Provide examples of past challenges encountered and outline how you successfully navigated them while meeting the operational and financial objectives.

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Can you give an example of a successful operational initiative you've led in the past?

Share a specific initiative where you improved operational efficiency or enhanced resident experience. Discuss your role in the process, metrics that gauge success, and the overall impact of the initiative on the organization and its customers.

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How do you ensure effective communication between property teams and executive leadership?

Stress the importance of establishing clear communication channels and regular updates. Describe your strategy for maintaining transparency through reports, meetings, and feedback systems that engage both property teams and executive leadership in meaningful conversations.

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What is your approach to fostering a people-centric culture within your team?

Emphasize your commitment to understanding team dynamics, recognizing contributions, and prioritizing professional development. Explain how you implement team-building activities, regular feedback sessions, and opportunities for growth to help create an inclusive and supportive workplace environment.

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How do you assess the performance of your team leaders?

Discuss the metrics and evaluation methods you use to gauge team leaders' performance. Mention the importance of setting clear objectives and regularly reviewing their contributions to the overall success of property operations as well as the satisfaction of residents and employees alike.

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What innovative solutions have you implemented to improve resident satisfaction?

Provide examples of innovative solutions, such as new service offerings, technology integration, or community engagement programs that you have spearheaded in previous roles. Highlight the results and how they enhanced the living experiences of residents.

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Describe a time when you had to make a critical decision under pressure.

Illustrate your decision-making process by recounting a situation where you faced a significant challenge that required immediate action. Emphasize your analytical skills, the steps you took to reach a solution, and the positive outcomes derived from your decision.

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How do you envision your first 90 days in the Executive Vice President - Operations role?

Outline a plan for your first 90 days that includes meeting with key stakeholders, assessing current operations, identifying areas for improvement, and implementing your vision for the team and operational processes. Demonstrating a proactive approach will show your readiness for the role.

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Explore LV Collective, an experience-based real estate development and investment firm in Austin, Texas.

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Full-time, on-site
DATE POSTED
April 3, 2025

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