Posted 11 days ago
VP, Operations & Development (Operating Partner Track)
@ Patch & Permasearch
Ontario
Overview
Patch & Permasearch is hiring a VP, Operations & Development on an operating partner track for an established residential real estate investment and development firm. The role oversees an established residential portfolio's P&L and infrastructure, directs a major multi-residential development as Owner's Representative and Project Director, and leads toward full operating leadership and equity participation. The posting states a base salary of $140,000 to $165,000 plus performance incentives and long-term equity or profit participation.
Responsibilities:
- Oversee P&L and service delivery across a residential portfolio
- Manage capital expenditure, budgets and third-party contractors
- Lead development as Owner's Representative and Project Director
- Manage planning approvals, tendering and field execution
Requirements summary:
- Engineering degree in civil, structural, mechanical or building engineering
- 10 to 15+ years of progressive leadership experience
- Strong financial fluency with pro formas and budgets
- Hands-on site problem-solving experience
Tools & skills
Source and dates
Source type not verified · tracker
- Employer posting date
- 2026-10-26
- First seen by our source
- 2026-10-27
- Source record updated
- 2026-10-27
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Lead |
| Department | Project management |
| Experience | 10+ years |
| Manages people | Yes |
| Work setting | Office, Construction site |
| Position | Sitting and standing |
| Physical demands | physical low · computer moderate |
| Education | Bachelor’s degree (required), Master’s degree (preferred) |
| Fields of study | Civil engineering, Structural engineering, Mechanical engineering, Building engineering |
| Perks mentioned | Performance bonus, Stock or equity |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Patch & Permasearch
| Field | Value |
|---|---|
| Open jobs on Jobsy | 39 |
Job Title: VP, Operations & Development (Operating Partner Track)
Compensation: Competitive base salary (from $140,000 $165,000) + performance incentives + long-term equity / profit participation structure
The Opportunity
Our client, an established real estate investment & development firm, has a rare, high-autonomy executive leadership and succession opportunity for an entrepreneurial engineer or senior construction leader. Working directly alongside an active serial developer, the incoming executive will assume dual oversight of an established, cash-flowing residential asset portfolio while directing the planning and execution of a major new multi-residential development pipeline.
This role is architected as an operating partnership and succession pathway: the successful candidate will master the existing operational engine, deliver new construction projects, and transition into operational enterprise ownership and equity participation over time.
Key Responsibilities
- Operational & Infrastructure Leadership
- Assume full operational P&L and service delivery oversight across an established regional residential portfolio.
- Oversee site infrastructure operations, preventive maintenance, municipal compliance, facilities contracts, and environmental standards.
- Manage third-party service contractors, capital expenditure planning, and annual operating budgets.
- Lead operational teams and site trades, establishing performance standards and operational efficiency.
- Development & Construction Delivery
- Act as Owners Representative and Project Director for a substantial new multi-residential development.
- Manage end-to-end development phases: planning and zoning approvals, consultant coordination (architectural, civil, structural), GC/subcontractor tendering, and field execution.
- Ensure projects are delivered on schedule, within pro-forma budgets, and to rigorous quality standards.
- Long-Term Enterprise Growth
- Identify, evaluate, and execute new infill, development, and operational value-creation opportunities across the region.
- Progressively absorb the Principals operational responsibilities, transitioning from functional management into full operating leadership.
Candidate Profile & Qualifications
- Education: Degree in Civil, Structural, Mechanical, or Building Engineering. An MBA or equivalent commercial credential is strongly preferred.
- Industry Experience: 1015+ years of progressive leadership spanning construction project management, real estate development, or asset operations.
- Hands-On Practicality: Demonstrated track record of site-level problem solvingdirect experience managing hands-on builds, structural renovations, or technical site operations alongside executive project leadership.
- Commercial Mindset: Strong financial fluency, comfort managing pro-formas and operational budgets, and a disciplined approach to risk and return.
- Mindset & Drive: A self-made, high-grit mentality with an exceptional work ethic. Values autonomy, equity realization, and long-term enterprise value over corporate hierarchy.
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