POSITION SUMMARY

The Regional Vice President is responsible for effectively setting strategy, goals and objectives for the portfolio's properties. This position is a key leader of Regional Management and is accountable for all operations within their assigned portfolio. The successful RVP exhibits strong commitment to the service needs of the internal and external customers balancing the needs of the company, owners and team.

You will be a primary contact with your clients and your written and interpersonal communication with them is key to your success. You will be the corporate arm of Elmington to your sites, carrying Elmington's culture and company-wide objectives with you through your site visits and weekly calls with your Regional Managers.

An effective Regional Vice President at Elmington is a self-motivated, passionate worker. Because you are tasked with providing leadership to multiple teams of people and are responsible for a portfolio of assets valued at over $100 million dollars, expectations are high. At Elmington, you will be pushed to Forget The Ordinary & Think Like an Owner. Every day.

To be an effective Elmington teammate, you will need to:

• Have a great attitude
• Have high expectations
• Think BEYOND the box
• Work with passion
• Have a tireless work ethic
• Be confident
• Be self-sufficient and self-motivated
• Take pride in your work
• Be a good listener
• Offer a solution with every problem
• Be inspiring and empower your teams

KNOWLEDGE/SKILLS/ABILITIES:

• Business acumen
• Financial management
• Analysis skills
• Communication proficiency
• Ethical conduct
• Leadership skills
• Relationship management
• Performance management

ESSENTIAL JOB FUNCTIONS:

• Ensures the team of Regional Managers works to execute the strategy of the Owner(s) and Elmington.
• Understand all aspects of the affordable housing programs (e.g. LIHTC, bond financing, HOME) applicable to the properties. Insure the proper training, implementation, and accountability by staff.
• Exhibits a clear understanding of complex financial statements and budgets providing the capability to create annual budgets, oversee and manage P&L to meet performance goals.
• Assumes responsibility for financial management and reporting for properties within assigned portfolio
• Oversees the successful execution of Elmington's community performance and non-negotiables by the team
• Develops, recommends, follows and enforces all company policies and procedures
• Performs salary administration, conducts interviews and makes recommendations for new hires, consultants and/or replacement personnel for management within portfolio.
• Conducts regular review of portfolio performance; identifying red flag properties, proposing recommendations for improvements and monitoring progress toward established goals and objectives. Conducts regular ops review to monitor and ensure the success of each asset along with Area VP/Regional Managers; implement strategies that will enhance overall performance and profitability.
• Identify leading edge technologies, trends, processes, etc. to be implemented into best practices.
• Maintains an awareness and understanding of the goals of the company and work to enhance its overall image and presence in the market
• Oversee required monthly, quarterly and annual reporting of the portfolio to the Company's management team, investors, and lenders.
• Identify new potential third party business relationships and pitch new business together with sales team.
• Assist in due diligence and underwriting of potential new acquisitions.
• Provide assistance/strategic direction with acquisitions/disposition of properties
• Develop and foster relationships with key clients, industry and trade associations, government representatives, public service organizations, customer groups and vendors as necessary in the overall management of the portfolio
• Represents Elmington with owners, vendors and the company at large during meetings and in team association events in a positive manner
• Travel to markets to make critical in-person connections with your team and key clients
• Performs all other duties as assigned

SPECIFIC EDUCATION OR EXPERIENCE:

• BA/BS in Business or related field preferred. Graduate Degree a plus
• Minimum 10 years of combined experience in LIHTC, Senior Housing, and Conventional Multifamily Housing
• Expert knowledge of both affordable housing and market rate housing.
• Certified Property Manager designation a plus.
• Demonstrated track record of successfully leading high visibility and/or performance challenged properties
• Adapts well to changing priorities and circumstances
• Strong initiative and ability to manage multiple projects as well as strong follow through skills
• Working knowledge of local and federals laws including Fair Housing and Landlord Tenant Laws
• Strong interpersonal skills with the ability to influence /coach
• Successful team leader and team builder

PHYSICAL DEMANDS AND WORK ENVIRONMENT

• Frequently sit, stand and walk
• Regularly required to talk or hear
• Frequently required to use hands or fingers to handle or feel objects, tools or controls
• Occasionally required to climb or balance, stoop, kneel, crouch or crawl
• Occasionally lift and/or move up to 25 pounds
• Vision abilities to include close vision, distance vision, peripheral vision and the ability to adjust focus
• The noise level in the work environment is usually moderate
• Temperature in the workplace is typically moderate

The Elmington Experience

We're creating a different kind of company at Elmington. We promise we will never be ordinary, which we hope you can see by this job description. There will be many days you simply aren't comfortable. You will be pushed to accomplish more than you ever thought possible. You will be challenged by your team leader and your peers to achieve more and to find better ways. With that said, we know Elmington is not for everyone. BUT, if you believe in yourself, enjoy a challenge and appreciate working with exceptional people, then Elmington could very well be the last company you ever work for.