(USA) Senior Manager, Portfolio Management
About The Position
The Senior Manager, Portfolio Management, leads oversight and strategic enhancement of Walmart’s property portfolio, driving initiatives to improve site performance and revenue potential. The role includes negotiating lease agreements, managing real estate transactions, and collaborating with cross-functional teams to support business objectives. It requires evaluating financial impacts and developing actionable recommendations. The position also supervises associates, ensures compliance with policies, and promotes operational excellence to maximize asset value while maintaining integrity and professionalism. The team works to maximize the value of Walmart’s real estate portfolio through strategic asset management, leasing, development, and disposition. It manages owned and leased properties across multiple regions and executes transaction strategies aligned with enterprise goals. The team negotiates complex transactions and works with brokers, developers, legal, finance, and business partners to structure deals, manage risk, and unlock value from underutilized assets.
Requirements
- Bachelor’s degree in Real Estate or a related field and 3 years of experience in real estate, retail development, tenant representation, or a related area; alternatively, 5 years of experience in those areas without the degree requirement.
- 2 years of experience in property management.
- Extensive experience in portfolio and project management within real estate or related sectors.
- Proven negotiation skills in lease agreements, subleases, and sale purchase options.
- Strong analytical abilities to evaluate financial impacts and support data-driven business decisions.
- Effective communication skills to collaborate with leadership, cross-functional teams, and external partners.
- Demonstrated leadership in mentoring, training, and developing high-performing teams.
- Ability to manage multiple projects and budgets and comply with legal and operational standards.
- Commitment to integrity, ethics, and upholding company policies and values.
Nice To Haves
- Project and portfolio management experience.
- Supervisory experience.
- J.D.
- Master of Business Administration.
Responsibilities
- Manage the property portfolio by developing and communicating recommendations to enhance site appearance and sales growth potential.
- Negotiate lease agreements, subleases, and terminations for a defined region: East, West, or Central.
- Negotiate sales of non-strategic property and ground lease contracts, and coordinate with brokers on marketing, asset evaluation, and management of properties.
- Conduct site visits, analyze real estate data, and support decision-making for site selection and asset sales.
- Oversee project management for real estate transactions, ensuring compliance with legal and budgetary requirements.
- Collaborate with cross-functional teams and leadership to align strategies and secure approvals.
- Monitor and report on capital expenditures, lease management, and property operations.
- Supervise, mentor, train, and develop associates.
Benefits
- Competitive pay and performance-based bonus awards.
- Medical, vision, and dental coverage.
- 401(k).
- Stock purchase plan.
- Company-paid life insurance.
- Paid time off, including sick leave.
- Parental leave, family care leave, bereavement leave, jury duty leave, and voting leave.
- Short-term and long-term disability.
- Company discounts.
- Military Leave Pay.
- Adoption and surrogacy expense reimbursement.
- PTO and/or PPTO that may be used for vacation, sick leave, holidays, or other purposes.
- Live Better U, a Walmart-paid education benefit covering eligible programs from high school completion to bachelor’s degrees, English Language Learning, and short-form certificates; tuition, books, and fees are paid.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
