(USA) Senior Manager, Portfolio Management

Position Summary...

What you'll do...

Role summary:
The Senior Manager, Portfolio Management, leads the oversight and strategic enhancement of Walmart’s property portfolio by driving initiatives that improve site performance and revenue potential. This role involves negotiating lease agreements, managing real estate transactions, and collaborating with cross-functional teams to support business objectives. The position requires strong analytical skills to evaluate financial impacts and develop actionable recommendations. Additionally, the role includes supervising associates, ensuring compliance with policies, and fostering operational excellence to maximize asset value while supporting company goals and maintaining high standards of integrity and professionalism.
About the team:
The team is dedicated to maximizing the value of Walmart’s real estate portfolio through strategic asset management, leasing, development, and disposition. Managing a wide range of owned and leased properties across multiple regions, the team executes transaction strategies aligned with enterprise goals. Responsibilities include negotiating complex real estate transactions and collaborating with brokers, developers, legal, finance, and business partners to structure deals, manage risk, and unlock value from underutilized assets. The team balances risk, value creation, and strategic objectives to support Walmart’s growth and operational success.
What you'll do:

• Manage the property portfolio by developing and communicating recommendations to enhance site appearance and sales growth potential.
• Negotiate lease agreements, subleases, terminations for defined Region, East, West or Central. 
• Negotiate sales non-strategic property and ground lease contracts and coordinate with brokers on marketing, asset evaluation, and management of all 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.

What you'll bring:

• 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, budgets, and compliance with legal and operational standards.
• Commitment to integrity, ethics, and upholding company policies and values.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices. Live Better U is a 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.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart.
The annual salary range for this position is $80,000.00 - $155,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include :
- Stock

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Minimum Qualifications
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.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Project and portfolio management, Supervisory

J.D., Masters: Business Administration

Primary Location...

814 Respect Dr, Bentonville, AR 72716, United States of America

Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.