What are the responsibilities and job description for the CHIEF OPERATING OFFICER / VP OF OPERATIONS position at The Standard Oil Investment Group?
Private Real Estate Portfolio · Los Angeles, CA
Full-time · In-person · Reports directly to Principal
Salary: $180,000 - $220,000 per year
ABOUT THE ROLE
We are seeking a senior operational leader for a privately held, family-owned real estate portfolio comprising 35 properties across California and Florida, with additional international holdings. The COO is the Principal's right hand on all financial, legal, operational, and strategic matters — the single point of accountability for everything that keeps a sophisticated portfolio running.
This is not a generalist position. The right person has operated at a high level in real estate, understands leases, construction, asset management, brokerage relationships, and property finance deeply, and is ready to step into a role with direct and trusted access to a seasoned principal.
WHAT YOU'LL OWN
Portfolio & Asset Management
- Oversee day-to-day management of all residential, commercial, office, and development properties across CA and FL
- Monitor rent rolls, lease expirations, vacancy, and rent escalation schedules; proactively surface risks and opportunities
- Lead all acquisition and disposition activity — coordinate with brokers, escrow, title, insurance, and lenders through close
- Oversee all active construction and renovation projects — timelines, budgets, payments, and contractor performance
- Manage relationships with property managers, brokers, and leasing agents across both markets
Financial Oversight
- Supervise bookkeeping team and external accountants (domestic and international)
- Own accounts payable approval, check signing oversight, and wire transfer authorization
- Review financial statements; provide the Principal with regular portfolio-level financial summaries
- Track and manage all capital expenditures; review and approve contractor estimates before work begins
- Manage international financial matters including the French portfolio and French accounting team
Legal & Compliance
- Serve as primary liaison to all outside legal counsel — real estate, litigation, and transaction attorneys
- Maintain a master log of all active legal matters, status, and next steps
- Oversee lease administration: drafting support, execution, and ongoing compliance across all properties
- Track and manage all property and liability insurance policies — renewals, coverage, and claims
Operations & Vendor Management
- Manage and direct property maintenance team; set priorities and hold vendors accountable to timelines and budgets
- Cultivate relationships with contractors, vendors, and service providers across both states
- Establish operational SOPs, filing systems, and reporting rhythms where they do not currently exist
- Lead tenant relations and resolve material issues professionally and efficiently
QUALIFICATIONS
Required:
- 8–12 years of real estate operations experience, with direct exposure to both commercial and residential assets
- Deep familiarity with California real estate law, lease structures, and market dynamics
- Demonstrated experience overseeing construction projects — budgets, contractors, and timelines
- Strong financial literacy — P&L, AP/AR, coordination with bookkeepers and accountants
- Experience managing outside counsel and legal processes
- Exceptional organizational skills; comfort managing dozens of concurrent responsibilities
- Absolute discretion with sensitive family financial matters
Preferred:
- French language proficiency — meaningful asset given international holdings
- Prior experience in a family office, private real estate firm, or principal-led organization
- Familiarity with property management software platforms
WHAT SUCCESS LOOKS LIKE — YEAR ONE
- All operational and financial processes are documented and running without the Principal's involvement in day-to-day matters
- Every active construction project has a clear timeline, budget, and weekly status report
- The Principal receives a concise monthly portfolio summary — financial, legal, and operational — without having to ask for it
- You are the single operational point of contact for bookkeepers, lawyers, brokers, and contractors
Salary : $180,000 - $220,000