(USA) Senior Manager, Portfolio Management
About The Position
The Senior Manager, Portfolio Management, oversees the property management for Walmart stores. This position will be the primary point of communication for Walmart with landlords, third parties and local jurisdictions. It provides support for Walmart initiatives by providing legal research, analysis, and working with third parties for any required approvals. The Portfolio Management team oversees property management for Walmart stores nationwide, supporting store operators to enhance customer experience. This team collaborates across functions to review legal agreements, negotiate with third parties, and optimize Walmart’s real estate portfolio. Leveraging expertise in legal research, negotiation, project management, and communication, the team plays a vital role in maintaining high-quality shopping centers. Their efforts contribute to maximizing the value of Walmart’s real estate assets while supporting operational goals and delivering consistent value to customers.
Requirements
- Experience in commercial real estate management.
- Strong negotiation, analytical, and project management skills.
- Strong critical thinking and problem-solving skills.
- Demonstrated ability to lead upward and influence senior stakeholders and cross-functional partners.
- Excellent communication and relationship management skills, with the ability to represent Walmart externally.
- Experience in interpreting and analyzing legal documents such as leases and contracts.
- Ability to manage a high-volume, fast-paced portfolio with competing priorities.
- Professional presence and interpersonal agility to navigate complex stakeholder environments.
- Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
- 2 years’ experience in property management.
Nice To Haves
- Project and portfolio management
- Supervisory
- J.D.
- Masters: Business Administration
Responsibilities
- Lead all real estate matters for ~400 stores, ensuring alignment with Walmart’s operational and strategic goals.
- Serve as the primary point of contact for store operations leadership, landlords, jurisdictions, third parties, cities/jurisdictions, and neighboring businesses.
- Interpret and analyze legal documents, clearly communicating obligations and rights to internal stakeholders and provide recommendations on requirements for remodel and expansion capital investment projects, as well as recommending any use waivers for third-party requests.
- Collaborate daily with internal teams including project management & design, facilities services, legal, compliance, construction and execution, and operations.
- Partner with Legal and other departments to ensure compliance and support for store-level needs.
Benefits
- competitive pay
- performance-based bonus awards
- medical coverage
- vision coverage
- dental coverage
- 401(k)
- stock purchase
- company-paid life insurance
- PTO (including sick leave)
- parental leave
- family care leave
- bereavement
- jury duty
- voting
- short-term disability
- long-term disability
- company discounts
- Military Leave Pay
- adoption and surrogacy expense reimbursement
- Live Better U (Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.)
- annual or quarterly performance bonuses
- Stock
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What This Job Offers
Job Type
Full-time
Career Level
Senior
