Walker & Dunlop

Director, Asset Management

Walker & Dunlop$140K — $160K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA preferred
  • 7+ years of asset management experience, ideally with an owner-operator
  • Strong preference for multifamily real estate experience; industrial experience a plus
  • Familiarity with financing processes, loan modifications, and restructurings strongly preferred
  • Proven analytical skills in assessing complex real estate investments
  • Deep knowledge of real estate markets, trends, and investment concepts
  • High proficiency in Microsoft Office and internal systems

Responsibilities

  • Coordinate with property sponsors to implement business plans
  • Monitor and analyze property performance against budget and market conditions
  • Oversee workouts, restructurings, and loan modifications
  • Track local market fundamentals and competitive trends
  • Evaluate disposition strategies and manage cash flow distributions
  • Prepare memos on key decisions like business plan changes
  • Drive best practices to enhance efficiency in asset management processes
  • Mentor junior asset management team members
  • Prepare quarterly investor reports and conduct fair market valuations

Benefits

  • Join a winner of Fortune Magazine's Great Places to Work
  • Up to 83% subsidized medical payroll deductions
  • Competitive dental and vision benefits
  • 401(k) match
  • Pre-tax transit and commuting benefits
  • Robust health and wellness program with cash rewards
  • Paid maternity and parental leave and family leave programs
  • Company-paid life, short, and long-term disability insurance
  • Access to Health Savings and Flexible Spending Accounts
  • Career development opportunities
  • Volunteer hours and donation matching programs
Full Job Description
Department:
WDIP - Equity Asset Management

Department Overview

Walker & Dunlop Investment Partners (WDIP) is a real estate private equity firm that manages capital on behalf of endowments, foundations, pension plans, private funds, insurance companies, family offices, and high net worth individuals. WDIP invests debt and equity capital in value-added, opportunistic, distressed, and special situation transactions through a series of private funds, joint ventures, and separately managed accounts.

The Impact You Will Have

The Director, Asset Management will play a key role on the WDIP equity asset management team, with responsibility for enhancing and scaling the institutional asset management process. This position leads the management of investments from acquisition through disposition and supports the firm's continued shift toward a cradle-to-grave investment approach.

Working closely with a team of WDIP professionals, the Director drives asset performance, ensures alignment with investment strategies, and supports key decision-making across the portfolio. This role requires strong collaboration, proactive communication, and a deep understanding of real estate equity investment, along with the ability to adapt as team structure and responsibilities evolve over time.

Primary Responsibilities

  • Coordinate with sponsors to execute property-level business plans


  • Monitor and analyze property performance against budget, underwriting, and market conditions


  • Oversee workouts, restructurings, and loan modifications for legacy investments


  • Track local market fundamentals, including competitive trends, new supply, and sales comps


  • Evaluate disposition timing and strategy and ensure proper distribution of cash flows


  • Track investment performance, including gross IRR and equity multiples


  • Partner with acquisitions prior to closing to finalize business plans and review partnership and loan documents


  • Prepare memos documenting key decisions, including business plan changes, refinancing, and legal amendments


  • Review and approve capital calls, distributions, and loan draw requests


  • Maintain standardized reporting to track performance, variances, and forecasts at the property and fund level


  • Prepare quarterly investor reports and support fair market valuation processes


  • Ensure sponsor compliance with partnership operating agreements


  • Partner with senior management to implement strategic systems and process improvements


  • Drive best practices to improve efficiency across asset management processes and procedures


  • Mentor and support the development of junior asset management team members


  • Perform other duties as assigned


  • Attendance is generally required from 8:30 am - 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays


Education and Experience

  • Bachelor's degree required. MBA or other graduate-level degree preferred


  • 7+ years of asset management experience, ideally with an owner-operator


  • Experience in multifamily real estate strongly preferred; industrial experience is a plus


  • Experience with financing processes, loan modifications, and restructurings strongly preferred


Knowledge, Skills and Abilities

  • Strong analytical capabilities with experience evaluating complex real estate investments


  • Deep working knowledge of real estate markets, trends, and investment concepts


  • Proficiency in Microsoft Office, with the ability to quickly learn internal systems


  • Strong organizational skills with the ability to manage or delegate multiple priorities effectively


  • Strong interpersonal and communication skills


  • Ability to work flexible hours and travel as needed


  • Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes


  • Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders


This position has an estimated base salary of $140,000 - $160,000 plus a discretionary bonus. An employment offer is based on the applicant's relevant work experience, applicable knowledge, skills, abilities, internal equity, and alignment with market data. Applications will be accepted until June 1, 2026.

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What We Offer
  • The opportunity to join one of Fortune Magazine's Great Places to Work winners
  • Comprehensive benefit options* that have earned Walker & Dunlop the gold level of the 2025 Cigna Healthy Workforce Designation™, some of which include:
    - Up to 83% subsidized medical payroll deductions
    - Competitive dental and vision benefits
    - 401(k) + match
    - Pre-tax transit and commuting benefits
    - A robust health and wellness program - earn cash rewards and gain access to resources that
    promote health, engagement, and balance
    - Paid maternity and parental leave, as well as other family paid leave programs
    - Company-paid life, short and long-term disability insurance
    - Health Savings Account and Healthcare and Dependent Care Flexible Spending
  • Career development opportunities
  • Empowerment and encouragement to give back - volunteer hours and donation matching


*Eligibility may vary based on average number of hours worked

About Walker & Dunlop

Walker & Dunlop is a commercial real estate finance company headquartered in Bethesda, Maryland. The company originates, sells, and services a range of multifamily and other commercial real estate financing products, including multifamily loans, FHA loans, and bridge loans. The company has been in business for over 80 years and has a long history of providing financing solutions to its clients. The company has a national footprint and operates in all 50 states. The company is committed to providing its clients with the best possible financing solutions and has a strong track record of success in the commercial real estate industry.
Learn more about Walker & Dunlop
Size
1,305 employees
Market Cap
$2.5 billion
Industry
Net Income
$246.1 million
Founded
1937
5 Year Trend
+17%
Revenue
$1 billion
NASDAQ

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