Vice President Asset Management

Location: New Albany, Ohio | Job Type: Full-Time

About the Role

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.

Responsibilities

• 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.

Requirements

• 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.

Benefits

• Health, dental, and vision insurance effective within 2 weeks of starting.
• 401(k) match and retirement support.
• Paid parental leave.
• Fitness credit.
• 20 days of vacation and 9 company holidays.
• Tuition reimbursement and professional development opportunities.
• Pay-on-Demand: access your money as you earn it.
• 100% employee-owned company with profit-sharing.

Pay

Base salary + 20% Management Incentive Program (MIP).

About Wallick Communities

Wallick Communities is 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, our mission is to open doors to homes, opportunity, and hope. We foster a supportive and collaborative work environment where every employee-owner plays a vital role.

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.

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 work.