Vice President of Operational Asset Management

Dominium is helping tackle the affordable housing crisis – and we’re looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas and Phoenix, Dominium is one of the nation’s most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity.

Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally.

POSITION SUMMARY:

Leads our asset management team in optimizing the performance and efficiency of our property management portfolio. This role is crucial in ensuring that our assets are strategically managed to maximize returns while minimizing risks. Will have a proven track record in asset management, strong leadership skills, and a strategic mindset to drive operational excellence.

ESSENTIAL FUNCTIONS:

• Develops and drives enterprise-level strategic initiatives to enhance the performance of our asset management operations. Specifically looking for ways to increase the value of the portfolio through refinance, sale, purchase of LP interests, etc.
• Oversees the analysis, evaluation, and optimization of our asset portfolio to maximize returns and align with organizational goals. Assists in the evaluation of markets for development during due the diligence period.
• Designs and implements robust risk management frameworks to identify, evaluate, and mitigate financial, market, and operational risks associated with asset portfolio.
• Champions technology-driven process improvements and adoption of best practices to enhance efficiency and scalability in asset management operations. 
• Conducts financial analysis and forecasting to support decision-making and ensure financial health of assets.
• Leads and mentors a team of asset management professionals, fostering a culture of collaboration, innovation, and continuous improvement.
• Collaborates with internal stakeholders, including senior management, finance, and operations teams, to ensure alignment on asset management strategies and goals.
• Ensures compliance with regulatory requirements and internal policies in all asset management activities.
• Serves as a thought leader and strategic advisor on organization-wide initiatives, providing insights and recommendations to executive leadership on matters impacting portfolio performance and strategic direction.
• Other projects and work assigned by supervisor as needed.

QUALIFICATIONS:

• Bachelor’s degree in Finance, Business Administration, Real Estate, or related field. MBA or advanced degree preferred.
• Minimum of 10-15 years of progressive experience in asset management, with at least 5 years in a leadership role.
• Deep understanding of asset management principles, real estate investment, financial markets, and regulatory requirements.
• Proven track record of successfully leading and developing high-performing teams.
• Strong analytical and quantitative skills, with the ability to translate data into actionable insights.
• Excellent communication and presentation skills, with the ability to effectively interact with stakeholders at all levels.
• Demonstrated ability to think strategically and develop innovative solutions to complex challenges.
• Ability to thrive in a dynamic and fast-paced environment, with a strong commitment to excellence and continuous improvement.

About Us: Dominium is one of the leading affordable housing development and property management companies nationwide. We operate in approximately 20 states and employ over 1,200 employees. For 50 years, we have offered excellence to the development and management of affordable housing communities across the United States. Dominium’s values – creating long-term value, developing people, integrity, and growth – are built upon our company’s mission and vision. We offer a competitive salary, incentive bonus program, training and development programs, career growth opportunities and community volunteer and outreach programs. We also offer a comprehensive benefits package for eligible employees including Medical, Dental, Life & Disability, Paid Time Off, 401(K), Flexible Spending Accounts, Employee Recognition & Wellness Programs.

Dominium is committed to a diverse and inclusive workplace. Dominium is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.