What are the responsibilities and job description for the Director, Asset Management position at Walker & Dunlop?
Department
WDIP - Equity Asset Management
We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.
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
What We Offer
We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.
SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.
Fair Chance Hiring
Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.
WDIP - Equity Asset Management
We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life. We are committed to creating meaningful social, environmental, and economic change in our communities.
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
- 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
- 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
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
- 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
We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law. We strive to be a safe place to ask questions, build professional relationships, and develop careers.
SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.
Fair Chance Hiring
Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.
Salary : $140,000 - $160,000