Vice President - Property Management
Description
Balke Brown Transwestern's 2B Residential division is seeking a Vice President to join our leadership team in St. Louis, MO. The VP will be responsible for leading all aspects of their 2B Residential management portfolio and assist in the development of all new multi-family construction.
Balke Brown Transwestern/ 2B Residential is employee owned and a great place to work. Competitive wage/salary (plus commissions), great benefits package including paid time off, medical, dental and vision insurance, ESOP and 401(k).
Benefits Include:
- Medical
- Dental
- Vision
- Company-Paid Short Term/Long Term Disability
- Company-Paid Life Insurance
- Paid Time Off
- Employee Stock Ownership
- 401(k)
- Sabbatical Program
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
1. Operational Management:
- Quarterly review of financial statements for each property in the portfolio with the Area Manager. Unless property is on a watchlist and then it will be reviewed monthly.
- Quarterly review status of properties such as occupancy rates and dates of expiration of leases. Unless property is on a watchlist and then it will be reviewed monthly.
- Final review of the property budget before being presented to owners.
- Review capital improvement work over $25,000 prior to going to the owner for approval.
- Conduct annual property inspections to maintain quality and safety standards. If property is on a Watchlist they will be inspected more frequently.
- Handle all operation aspects of new construction properties until CO is obtained. Handle all operation of new acquisitions for the initial 30-90 day period. At that time, it will be handed over to the Area Manager.
- Be available for ownership calls as needed to support the Area Managers.
- Review 2B Residential operations to identify areas in need of improvement.
- Conduct ongoing interviews with Supplier Partners to drive a positive cost-benefit analysis for potential products and services.
2. Team Leadership:
- Recruit, mentor, and develop Area Managers. Foster a culture of excellence, accountability, and collaboration.
3. Stakeholder Engagement:
- Maintain relationships with investors, partners, and stakeholders and identify potential opportunities.
- Conduct market analysis and rental recommendation for new construction and property acquisition.
- Provide operational expense data for new construction or acquisitions as required by current and potential clients.
- Work with developers on new construction and unit renovation designs along with giving software recommendations.
4. Compliance and Risk Management:
- Ensure properties comply with local, state, and federal regulations. Develop risk management strategies to protect assets and mitigate liabilities.
- Ensure properties are following Property Management Agreement.
EDUCATION and/or EXPERIENCE
- Four-year college or university program certificate; or five to seven years related experience and/or training; or equivalent combination of education and experience.