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…construction leader. Working directly alongside an active serial developer, the incoming executive will assume dual oversight of an established, cash-flowing residential asset portfolio…
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Patch & Permasearch

VP, Operations & Development (Operating Partner Track)

ON, Canada

Apply on evoportalca.tracker-rms.com About employer

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Job details

Experience: Industry Experience: 1015+ years of progressive leadership spanning construction project management, real estate development, or asset operations.
Posting language: English
Posted: Oct 27, 2026

Original job description

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 Owner’s 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 Principal’s 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: 10–15+ years of progressive leadership spanning construction project management, real estate development, or asset operations.
Hands-On Practicality: Demonstrated track record of site-level problem solving - direct 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.

Apply on evoportalca.tracker-rms.com About employer

More about this job

Responsibilities

The VP at Patch & Permasearch will run the operations and P&L of a residential portfolio and lead a large new multi-residential build from planning through delivery. The role also grows into full operating leadership of the firm over time.

Requirements

Patch & Permasearch needs an engineering degree in civil, structural, mechanical or building engineering, with 10 to 15+ years of progressive leadership in construction, development or asset operations. Strong financial skills, hands-on site problem-solving experience and an entrepreneurial, high-autonomy mindset are required.

Skills

Operations management
P&L management
Pro forma modelling
Operating budgets
Capital expenditure planning
Real estate development
Owner's representative
Project direction
Zoning and planning approvals
Consultant coordination
GC and subcontractor tendering
Contractor management
Preventive maintenance
Facilities management
Municipal compliance
Environmental standards
Site trades leadership
Problem solving
Risk management
Financial analysis
Team leadership
Structural renovation
Technical site operations

Benefits

Performance incentives
Long-term equity or profit participation

Keywords

VP Operations
Vice President Operations
Operating Partner
Real estate development
Residential development
Multi-residential development
Owner's Representative
Project Director
Asset operations
Property operations
P&L management
Pro forma
Capital expenditure planning
Municipal compliance
Zoning approvals
General contractor
Subcontractor tendering
Engineering
Succession

Seniority

Lead

Perks

Performance bonus
Stock or equity

Fields of study

Civil engineering
Structural engineering
Mechanical engineering
Building engineering

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Work requirements

Jobs in Canada