Vice President Asset Management

Description

Vice President, Asset Management

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

Make a Difference—And Own Your Future

Join Wallick Communities, a 100% employee-owned company with over 55 years of experience in providing affordable housing and assisted living for families and seniors across the Midwest. With 1,000+ associates and a mission to open doors to homes, opportunity, and hope, we take pride in fostering a supportive and collaborative work environment where every employee-owner plays a vital role.

A Career with Wallick Means. . .

• Creating Homes for People Who Need It Most: Providing new beginnings for residents seeking affordable, safe and high-quality housing where they can thrive.
• Pay-on-Demand: access your money as you earn it.
• Exceptional Benefit Package: Health, dental, and vision insurance effective within 2 weeks of starting your new job, 401(k) match and retirement support, paid parental leave, fitness credit, and more!
• Work-Life Balance: 20 days of vacation and 9 company holidays, plus paid parental leave.
• Learning & Support: Tuition reimbursement, associate well-being resources, and support for your continued development and professional growth.
• Resident Stories That Stay with You: From Henry, who moved into his first-ever home, to Jaci, whose stay at a Wallick community allowed her to achieve homeownership and graduate college, kickstarting her dream career.
• Leadership Impact: Direct visibility and partnership with executive leadership, investors, lenders, and cross-functional leaders.
• Career Growth: Tuition reimbursement, training, professional development, and advancement opportunities within a company that invests in its people.
• Employee Owned, Resident Focused: As a 100% employee-owned company, your daily work (supporting our residents) also contributes to your financial future by sharing in our profitability.

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.

Wallick’s Mission & Values

At Wallick Communities, we believe in opening doors to homes, opportunity, and hope for our residents, associates, and community. Our core values guide everything we do:

• Care – We show compassion and respect for everyone.
• Character – We do the right thing, even when no one is looking.
• Collaboration – We work together to achieve more.

At Wallick, we celebrate Diversity, Equity, Inclusion + Belonging (DEI+B) in our workplace and communities, creating an environment where associates feel welcome, respected, and empowered to bring their authentic selves to the great work they do every day.

For nearly 60 years, it has been at the core of our organization’s culture that all Wallick associates come to a safe and inclusive place to work. Wallick does not discriminate based on race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit-based factors.

Join Us and Become an Employee-Owner!

If you're ready to make a difference in people’s lives while securing your financial future, apply today!

*Employment is contingent upon passing a pre-employment background check and drug screen