(USA) Senior Manager, Portfolio Management

Walmart•Bentonville, AR

20d

About The Position

The Senior Manager, Portfolio Management, leads oversight and strategic enhancement of Walmart’s property portfolio, driving initiatives that improve site performance and revenue potential. The role includes negotiating lease agreements and other real estate transactions, managing projects, and collaborating with cross-functional teams to support business objectives. The position uses financial and real estate analysis to develop actionable recommendations, supervises and develops associates, ensures compliance with policies and requirements, and promotes operational excellence to maximize asset value. The team maximizes 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 works with brokers, developers, legal, finance, and business partners to negotiate transactions, manage risk, and unlock value from underutilized assets while supporting Walmart’s growth and operational success.

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 one of these areas.
At least 2 years of experience in property management.
Extensive experience in portfolio and project management within real estate or related sectors.
Proven negotiation skills involving lease agreements, subleases, and sale-purchase options.
Strong analytical abilities to evaluate financial impacts and support data-driven business decisions.
Effective communication skills for collaboration with leadership, cross-functional teams, and external partners.
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 improve site appearance and sales growth potential.
Negotiate lease agreements, subleases, and terminations for a defined region.
Negotiate sales of non-strategic properties and ground lease contracts.
Coordinate with brokers on marketing, asset evaluation, and management of properties.
Conduct site visits and analyze real estate data to support site selection and asset-sale decisions.
Oversee project management for real estate transactions and ensure 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

Medical, vision, and dental coverage.
401(k).
Stock purchase.
Company-paid life insurance.
Paid time off, including sick leave, parental leave, family care leave, bereavement leave, jury duty, and voting leave.
Short-term and long-term disability.
Company discounts.
Military Leave Pay.
Adoption and surrogacy expense reimbursement.
PTO and/or PPTO for vacation, sick leave, holidays, or other purposes.
Live Better U education benefit, with tuition, books, and fees paid for eligible programs.
Annual or quarterly performance bonuses.
Stock may be additional compensation for certain positions.