Senior Manager, Portfolio Management
Senior Manager, Portfolio Management
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$ 80000 - 155000
1 Vacancy
Job Description
Position Summary...
As a Sr. Manager Portfolio Management at Walmart you will lead market analysis and site selection for new store locations leveraging your expertise to identify evaluate and secure optimal sites. You will negotiate lease or purchase agreements ensuring alignment with company policies and financial goals and coordinate cross-functional teams to manage project timelines and budgets. Building strong relationships with landlords brokers and local authorities you will facilitate smooth transitions from site acquisition to store opening. Your role includes ensuring compliance with zoning and regulatory requirements maintaining accurate documentation and presenting findings to senior leadership. Success in this role requires strong analytical negotiation and project management skills as well as a proven track record in commercial real estate and retail development.What youll do...
Market Analysis and Site Selection
- Conduct thorough market research to identify potential new store locations.
- Analyze demographic economic and competitive data to assess site viability.
- Visit and evaluate potential sites to determine their suitability.
- Presenting to leadership
Negotiation and Acquisition
- Negotiate lease or purchase agreements for new store locations.
- Collaborate with legal teams to review and finalize contracts.
- Ensure all agreements align with company policies and financial goals.
Project Management
- Coordinate with internal teams (e.g. construction legal finance) to facilitate store openings.
- Manage timelines and budgets for new store projects.
- Monitor progress and address any issues that arise during the development process.
Stakeholder Collaboration
- Build and maintain relationships with landlords brokers and local authorities.
- Work closely with the store operations team to ensure a smooth transition from site acquisition to store opening.
- Communicate effectively with senior management to provide updates and secure approvals.
Compliance and Documentation
- Ensure all new store locations comply with zoning laws and other regulatory requirements.
- Maintain accurate records of site evaluations agreements and project milestones.
- Prepare and present reports on market trends and site performance.
What Youll Bring
- Minimum of 5 years of experience in commercial real estate preferably in retail site selection.
- Proven track record of successful site acquisitions and store openings.
- Strong analytical and negotiation skills.
- Excellent project management and organizational abilities.
- Ability to work independently and make informed decisions.
- Proficient in real estate market analysis tools and software.
- Strong communication presentation and interpersonal skills.
- Willingness to travel frequently to assess potential sites and manage projects.
- Bachelors degree in Real Estate Business Administration or a related field
The above information has been designed to indicate the general nature and level of work performed in the role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job. The full Job Description can be made available as part of the hiring process.
Benefits & Perks:
Beyond competitive pay you can receive incentive awards for your performance. Other great perks include 401(k) match stock purchase plan paid maternity and parental leave PTO multiple health plans and much more.
Equal Opportunity Employer:
Walmart Inc. is an Equal Opportunity Employer By Choice. We believe we are best equipped to help our associates customers and the communities we serve live better when we really know them. That means understanding respecting and valuing unique styles experiences identities ideas and opinions while fostering a culture of belonging and awareness.
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 Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sams Club facilities. Programs range from high school completion to bachelors 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 . Outlined below are the required minimum qualifications for this position. If none are listed there are no minimum qualifications. Outlined below are the optional preferred qualifications for this position. If none are listed there are no preferred qualifications.Minimum Qualifications...
Bachelors 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...
Primary Location...
2608 Se J St Bentonville AR 72716-3724 United States of America
Required Experience:
Senior Manager
Employment Type
Full-Time
