About This Role

As our VP of Investment Operations, you will be tasked with driving positive resident outcomes with state-of-the-art, tech-driven acquisitions and asset management processes. You have a great analytical mind with strong business acumen and experience managing a large team.  Reporting to our COO, the VP of Investment Operations will define our home acquisition and asset management strategies, manage the operational implementation of pricing, negotiations, offers, closings, vacancy management, and be responsible for Divvy’s portfolio performance. You see the big picture of the nuances and details behind the numbers and help executives set the long-term strategy that reflects market shifts. In this role, you’ll be part of the core leadership team with daily exec interaction, and will work cross-functionally with Capital Markets, Sales, Marketing, and the rest of Operations to lead organizational impact on one of the most critical aspects of our business.

We have a documented equal pay policy, and do not negotiate on offers. To maintain fairness and keep starting total comp the same for anyone who comes into that position, individual pay is determined by role, level and work location only. At the offer stage, we give candidates 3 different offers to choose from depending on how they want to favor cash vs equity. The US based salary range for this position is $194,325 to $286,600 + equity + benefits. Please note: We have two different compensation tiers depending on your location. The range displayed reflects the Tier 2 minimum and Tier 1 maximum new hire salary across all US locations. Your Recruiter will discuss the relevant compensation range during your initial screen.

Responsibilities:

• Manage a team of 20+ across Acquisitions and Asset Management, and help set the strategy for developing workflows for asset reallocation and how Divvy values homes 
• Lead, hire, develop, and grow a team of best in-class talent
• Partner with leadership and executives on Divvy’s investment, pricing and acquisition bidding strategy and model
• Coordinate cross-functionally across the organization to create policies, procedures, SOPs and systemize processes
• Identify any inefficiencies and optimize technology including working with Product and Engineering to increase productivity
• Constantly iterate on and streamline our operations processes, policies and team gearing ratios to ensure our future scaling ability, reduction in turn times, vacant days and customer delinquencies
• Support customers’ journey to home ownership through acquisitions and asset management
• Effectively managing our portfolio growth by reducing the percentage of unproductive assets and increasing the acquisition cap rate

Skills & Experience:

• 10+ years of experience in real estate, private equity, or tech - ideally in a fast-paced, growth-stage environment 
• A strong operational leader that is well versed in operational efficiency and scaling a business
• Significant experience managing a large team 
• Excellent communication, written and interpersonal skills
• Ability to create a vision and translate it into detailed and prioritized plans
• Ability to work collaboratively cross-functionally 
• Excellent analytical, interpersonal, verbal, written, and presentation skills

Perks & Benefits:

• 100% remote first culture, with an onsite option at our San Francisco or Denver offices
• Prioritizes health & wellness with flexible PTO, monthly mental health day, generous leave policies and company-sponsored Modern Health coaching and therapy sessions
• Competitive salary + equity
• 90% paid medical benefits for you and your dependents (medical, dental, vision)
• 401k match & access to a financial planner
• $1,000 professional development stipend
• One-time $350 remote workspace allowance
• $250 monthly co-working space stipend
• 16 weeks paid parental leave & flexible return to work
• Recognized as Time 100’s most influential companies of 2022 & a Great Place to Work

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