Asset Management Director

Whataburger$194K — $237K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Real Estate, Construction Management, Business, or related field; Master’s preferred.
  • 7+ years of commercial asset management experience, ideally in retail, hospitality, or mixed-use facilities.
  • Experience managing a multi-million-dollar portfolio of commercial real estate properties.
  • 9+ years of experience in a project or program director role.
  • Strong understanding of budgeting, financial analysis, and capital improvement oversight.

Responsibilities

  • Oversee the entire asset lifecycle from planning to financial reporting, ensuring value enhancement.
  • Lead critical, resource-intensive programs while balancing multiple priorities for successful outcomes.
  • Build strong relationships with stakeholders including owners, tenants, and contractors.
  • Manage capital improvement and repositioning initiatives, using market trends to guide decisions.
  • Develop and oversee operating and capital budgets in partnership with leadership.
  • Mentor and guide team members to improve performance and strategic focus.
  • Evaluate and recommend improvements to asset management practices and policies.

Benefits

  • Competitive weekly pay with a bonus program offering 250% upside potential.
  • Opportunity for annual pay increases based on performance.
  • Five weeks of paid time off starting on day one, plus paid corporate holidays.
  • Flexible work arrangements with remote work options and Flex Weeks.
  • 401(k) savings plan with a competitive company match.
  • Scholarship program available for employees and their dependents.
  • Paid parental leave and short/long-term disability coverage.
  • Awards and recognition for performance, including a retirement celebration program.
Full Job Description
Your Recipe for Impact - What You'll Do

As the Asset Management Director, you will provide strategic leadership for Whataburger's multi-state commercial real estate portfolio, ensuring each property delivers long-term value, strong financial performance, and operational reliability. You'll Make a Difference by shaping the asset strategy that supports new growth and enhances existing locations. You'll Serve with Heart as you collaborate closely with internal partners and external stakeholders to maintain properties that reflect our brand and our commitment to the communities we serve. You'll Win as One by partnering with cross-functional teams-including Investments, Acquisitions, Legal, Construction, and Operations-to support enterprise real estate priorities. And you'll Move Forward Boldly as you lead improvements, modernize asset practices, and influence decisions that shape Whataburger's long-term real estate footprint.

Day-to-Day Ingredients - Responsibilities

As an Asset Management Director, you will:
  • Lead the full asset lifecycle, including planning, budgeting, leasing, financial analysis, maintenance oversight, and value-enhancement initiatives.
  • Direct multiple high-priority, resource-intensive programs while balancing competing timelines and portfolio needs.
  • Build and maintain strong relationships with owners, tenants, brokers, attorneys, vendors, and contractors to support property performance.
  • Oversee capital improvements, renovations, and repositioning projects aligned with market trends and long-term portfolio goals.
  • Partner with leadership to develop, manage, and monitor operating and capital budgets with financial discipline.
  • Supervise and mentor asset management team members, providing coaching, performance insights, and strategic guidance.
  • Evaluate asset performance and recommend improvements to properties, processes, and asset-level strategies.
  • Exercise sound judgment in significant business decisions, influencing company-wide real estate strategies and long-term planning.


The Sauce - Pay & Perks

As an Asset Management Director, you'll receive:
  • Base compensation range: $194,310 to $237,490
  • Bonus Program that scales up to 2.5X payout potential based on company results
  • 5 weeks PTO
  • Flex Weeks
  • Paid Corporate Holidays
  • Paid Parental Leave*
  • 401(k) match $1/$1 up to 4%
  • Competitive Medical, Dental and Vision Benefits*
  • Short-term and Long-term Disability Benefits*
  • Opportunities for Career Development and Growth
  • Whataburger Family Foundation - Scholarship Program (dependents eligible) and Hardship Grant Assistance
  • Wireless Service Discounts
  • Computer & Software Discounts
  • Fitness / Gym Discounts
  • Awards and recognition for all you do
  • Retirement Celebration Program


What You Bring to the Table - Required Experience

As an Asset Management Director, you must have:
  • Bachelor's degree in Real Estate, Construction Management, Business, or related field.
  • 7+ years of commercial asset management experience, ideally in retail, hospitality, or mixed-use portfolios.
  • Experience managing multi-million-dollar real estate portfolios across multiple states or regions.
  • 9+ years of project or program leadership, with the ability to manage complex initiatives and competing priorities.
  • Expertise in asset and portfolio management, including budgeting, capital improvements, leasing, and financial analysis.
  • Strong knowledge of commercial real estate operations, contracts, compliance, and regulatory requirements.
  • Advanced communication, leadership, negotiation, and stakeholder-management skills.
  • Proficiency in MS Office Suite (Word, Excel, Outlook, PowerPoint, Visio).


Extra Toppings - Desired Experience

As an Asset Management Director, we prefer you to have:
  • Master's degree in Real Estate, Construction Management, Business, or related field
  • Experience leading transformation initiatives or modernizing asset management processes.
  • Background in multi-brand or multi-state commercial property portfolios.
  • Expertise in real estate risk assessment, compliance, or governance frameworks.
  • Experience with long-range real estate forecasting, market analytics, or scenario modeling.
  • Professional certifications such as CPM, CCIM, or RPA.


Where & How You'll Work

This role is based at the San Antonio Home Office, working on-site Monday through Thursday with remote flexibility on Fridays. In this role, you'll have strong collaboration with leadership, across cross-functional teams, and with external partners to align capabilities with restaurant realities. The work environment is fast-paced and requires sound judgment, strategic thinking, and strong collaboration skills. Full-time availability is required, with occasional extended hours based on business needs, along with occasional travel to properties, project sites, and external meetings. Candidates must reside within commuting distance of the San Antonio Home Office.

*Eligibility rules may apply

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