Director, Portfolio Management
About The Position
This Director role will lead new club development for key markets. It blends strategic planning, financial oversight, stakeholder influence, and hands on project leadership to drive income generation, asset optimization, and long term growth. You’ll partner with internal leaders, external consultants, and community stakeholders to guide high impact projects from strategy through execution—shaping decisions that directly support Walmart’s business objectives. The Walmart Portfolio Management team is responsible for maximizing the value and performance of Walmart’s real estate assets nationwide. We lead strategic initiatives across property management, leasing, capital planning, and redevelopment—balancing financial outcomes, community relationships, and operational requirements. This role plays a critical part in evaluating opportunities, managing complex projects, and aligning stakeholders to deliver results that support Walmart’s broader growth strategy, brand reputation, and long term asset portfolio.
Requirements
- Experience leading complex, cross‑functional projects tied to real estate, property, or portfolio strategy
- Strong financial acumen across budgeting, forecasting, capital planning, and cost analysis
- Proven success managing external partners, lease and purchase negotiations, and contracts
- Ability to influence senior stakeholders and gain alignment across diverse groups
- Experience navigating regulatory, zoning, or community considerations
- Bachelor’s degree in Real Estate, or related field and 5 years’ experience in real estate, retail development, tenant representation, or related area OR 7 years’ experience in real estate, retail development, tenant representation, or related area
- 1 year’s supervisory experience
Nice To Haves
- Project Management
- Doctorate: Law
- Masters: Business Administration
Responsibilities
- Identify new Sams Club sites in key markets, developing market strategies in partnership with strategy teams and brokers
- Develop recommendations to optimize site use, appearance, and sales growth potential
- Manage third‑party consultants and partners, including negotiations and issue resolution
- Evaluate leases, purchases, renewals, and dispositions aligned to portfolio strategy
- Communicate capital forecasts, progress, and impacts to senior leadership and stakeholders in both committee meetings and real estate trips
Benefits
- Competitive pay
- Incentive awards for your performance
- Performance-based bonus awards
- 401(k) match
- Stock purchase plan
- Paid maternity and parental leave
- PTO (including sick leave, vacation, holidays, or other purposes)
- Multiple health plans
- Medical coverage
- Vision coverage
- Dental coverage
- Company-paid life insurance
- Family care leave
- Bereavement leave
- Jury duty leave
- Voting leave
- Short-term disability
- Long-term disability
- Company discounts
- Military Leave Pay
- Adoption and surrogacy expense reimbursement
- Walmart-paid education benefit program (Live Better U) for full-time and part-time associates, including high school completion, bachelor's degrees, English Language Learning, and short-form certificates (tuition, books, and fees completely paid)
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What This Job Offers
Job Type
Full-time
Career Level
Director
