At Mainstay, we believe in rewarding contributions fairly and transparently to support our collective growth and success. Our compensation philosophy is designed to attract, retain, and motivate top talent by balancing competitive pay, equity ownership, and market realities. We offer every employee meaningful equity ownership, aligning personal success with the company’s long-term value creation.

We structure our compensation based on both experience and role level, recognizing the skills and responsibilities each employee brings to the team. Additionally, we adjust pay to reflect the cost of living and market factors tied to employees’ geographic locations, ensuring fairness and equity across diverse regions. This approach allows us to be competitive locally while maintaining internal consistency and a shared commitment to our mission.

About Mainstay

Mainstay is the leading market intelligence platform purpose built for buying, managing, and selling homes in the single family rental industry. As an AI native company, we turn complex data into clarity that helps the industry move forward with confidence. Founded within Opendoor, Mainstay launched as an independent company in 2024 and recently raised a Series A round led by Khosla Ventures.

Ready to shape the future of real estate with AI? Join Mainstay and help us redefine what’s possible in the single family rental space. If you thrive on solving complex problems and want to make a tangible impact in a fast-growing industry, we’d love to hear from you - apply now and let’s move the industry forward, together!

About the role

The Operations team’s mandate is to imagine, define, and pilot operating systems that allow Mainstay to scale with discipline. It is comprised of two departments Fulfillment and Operations Design and Strategy.

As VP, Operations, you will oversee two of Mainstay’s business lines, HOA and Tax. You will be accountable for operational reliability, execution rigor, strategic project delivery, and prioritization across both departments and business lines. You will work directly with customers to understand their needs, pain points, and expectations. This role sits at the center of the organization, working w/ Product, Engineering, Analytics, and Revenue to translate real customer experience into how the company operates and delivers.

In this role you will

Own end to end operational outcomes across HOA and Tax, with clear accountability for delivery, prioritization, and process design
Set and run operating cadences, including metrics, reviews, and accountability rhythms that teams execute against
Be hands on in execution where needed to maintain continuity of delivery, unblock teams, and model Mainstay’s “way of operating”
Design, evolve, and enforce processes that improve reliability, quality and scalability
Make final decisions on issue triage, sequencing of work, and tradeoffs across initiatives
Translate product strategy into executable operating plans and provide grounded feedback based on delivery realities
Build, develop and hold accountable a team of leaders, creating clarity around ownership and decision rights
Identify organizational gaps and make hiring decisions to strengthen execution capacity in partnership with our COO
Drive cross functional alignment through clear communication, strong judgment, and disciplined prioritization
Say no to work that distracts from core priorities, even when it’s uncomfortable
Balance meaningful change with an awareness of team capacity and long term sustainability

What we’re looking for

15+ years of experience in operations, strategy, or execution focused leadership roles
Experience owning outcomes across multiple businesses, teams, and complex operational surfaces
Proven ability to step into ambiguity, stabilize execution, and impose structure without over engineering
Comfortable being deeply involved in the details while building systems that scale beyond the individual
Track record of leading leaders and making hard calls on priorities, process, and organizational design
Strong operational judgment and the ability to make decisions without perfect information
Speaking to operations w/ data is your default more of operating
High standards for quality and accountability, paired with awareness of how change impacts teams
Ability to manage friction productively across functions and senior stakeholders
Willingness to work harder than anyone else on the team, while recognizing and addressing burnout in others
Clear communicator with the ability to move between operators and executive audiences
Experience in Real Estate, Fintech, or services heavy business

Bonus points if you have:

Experience stabilizing underperforming operations while continuing to grow
Startup experience

This role is a great fit if:

You thrive in hands on execution and enjoy bringing structure to complex, messy operational problems
You can own multiple businesses or workstreams at once and make clear tradeoffs without perfect information
You set high standards, hold teams accountable, and are comfortable saying no when priorities conflict
You build credibility by working closely with teams and directly with customers

Not a great fit if:

You prefer high level strategy with limited involvement in day to day execution
You need full certainty or deep detail before making decisions
You struggle to manage multiple product lines without micromanaging
You avoid conflict or find it difficult to say no to stakeholders or customers

#LI-AW

Mainstay Built on Trust

At Mainstay, trust is at the core of everything we do. We build trust with everyone -- from candidates to employees to partners. We believe in fairness and openness throughout our hiring process, evaluating candidates based on qualifications without regard to race, color, religion, national origin, age, gender, marital status, disability, veteran status, sexual orientation, gender identity, or any other protected status. Our privacy practices describe how we handle applicant information, you can find the policy details for California residents here.

We are committed to providing reasonable accommodations throughout our recruitment processes for candidates with disabilities, pregnancy, religious beliefs, or other reasons protected by applicable laws. If you require assistance or a reasonable accommodation, please contact us at mainstay-recruiting@opendoor.com

Compensation Range: $186,960 - $275,000

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