Vice President Asset Management

Wallick Careers

$125K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Real Estate, Business Administration, Accounting, Healthcare Administration, or related field.
  • 7+ years of progressive experience in asset management or related fields.
  • Proven experience with complex real estate portfolios and team leadership.
  • Advanced skills in financial analysis, budgeting, forecasting, and portfolio analytics.
  • Ability to influence and drive accountability across teams and external partners.
  • Strong communication skills for presenting insights to executives.

Responsibilities

  • Oversee financial and operational performance of affordable housing and senior living assets.
  • Monitor KPIs, budget variances, occupancy levels, and compliance risks.
  • Review and approve annual budgets, business plans, and capital investment recommendations.
  • Recommend strategies for acquisitions, dispositions, and value enhancement.
  • Collaborate with Development and Finance on underwriting and construction performance.
  • Lead and develop Senior Asset Managers with clear expectations and accountability.
  • Build cross-functional partnerships with various stakeholders to enhance performance.

Benefits

  • Full-time employment in a dynamic leadership role.
  • Engagement in a meaningful impact on community performance and long-term asset value.
  • Opportunities for team development and mentorship.
  • Involvement in strategic decision-making processes at the executive level.
  • Potential for occasional travel to meet business needs.
Full Job Description
Description

Vice President, Asset Management

Location: New Albany, Ohio
Job Type: Full-Time
Pay Rate: Base salary + 20% Management Incentive Program (MIP)

What You'll Do

Reporting to the SVP, Asset Management, the Vice President, Asset Management leads asset performance across Wallick's affordable housing and senior living portfolio. This player-coach role leads Senior Asset Managers and Asset Managers while staying hands-on with portfolio performance, capital planning, investor and lender relationships, risk management, and cross-functional accountability. The VP turns asset strategy into action to strengthen community performance today and preserve long-term value for the future.

  • Oversee financial, operational, regulatory, and physical performance across affordable housing and senior living assets.
  • Monitor KPIs, business plan progress, budget variance, occupancy, NOI, compliance risks, capital needs, and asset-level performance trends.
  • Review and approve annual budgets, business plans, capital investment recommendations, and corrective action plans for underperforming assets.
  • Recommend acquisition, disposition, refinancing, repositioning, and value-enhancement strategies that support Wallick's mission, portfolio performance, and investor value.
  • Partner with Development and Finance on pre-development underwriting, closing activities, construction-phase performance, and 8609 milestones.
  • Lead, coach, and develop Senior Asset Managers and Asset Managers with clear expectations, measurable goals, and accountability standards.
  • Build shared accountability with Development, Operations, Compliance, Finance, investors, lenders, and executive leadership.

What We're Looking For

You are a strategic, hands-on leader who is financially disciplined, service-minded, direct yet constructive, and comfortable building accountability across teams. This role is based in Wallick's corporate office in New Albany, Ohio, with occasional travel based on business needs.

Basic Qualifications

  • Bachelor's degree in finance, Real Estate, Business Administration, Accounting, Healthcare Administration, or a related field.
  • 7+ years of progressive experience in asset management, development, real estate operations, affordable housing, senior housing, assisted living, or multifamily housing.
  • Experience managing complex real estate portfolios and leading teams or cross-functional initiatives.
  • Advanced financial analysis, budgeting, forecasting, business planning, and portfolio analytics skills.
  • Ability to influence outcomes, build trust, and drive accountability across business units and external partners.
  • Strong communication skills, with the ability to present performance, risk, and recommendations to executive audiences.

Preferred Qualifications

  • Deep knowledge of affordable housing programs, financing structures, regulatory requirements, and the development lifecycle from pre-development through 8609 issuance.
  • Experience with senior living, assisted living, or mixed affordable housing and senior housing portfolios.
  • Experience partnering with investors, lenders, public agencies, owners, operators, and development teams.
  • Track record improving underperforming assets through structured action plans, disciplined follow-up, and cross-functional partnership.
  • Experience building reporting routines, scorecards, dashboards, or portfolio review processes that improve decision-making.

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