Wells Fargo Lead Commercial Real Estate Portfolio Manager- 

United States, North Carolina, Charlotte 

483563743

In this role, you will:

• Provide coaching and mentoring for more junior employees
• Provide a single point of contact with general partners and internal departments regarding assigned assets
• Independently manage a portfolio of investments in real estate partnerships
• Identify and analyze issues, and recommend and execute action plans
• Monitor investment and property performance, including construction and lease-up progress
• Analyze tax returns and property and sponsor financial statements
• Review third-party inspections and reports in compliance with Low Income Housing Tax Credit (LIHTC) regulations
• Review requests for capital contributions and reserve releases, including calculations of adjustments to capital contributions due to adjusters
• Underwrite general partner consent requests (including loan refinances and changes in partnership structures)
• Perform site visits
• Negotiate and execute the exit of Wells Fargo from investment partnerships
• Assess markets in which assets reside, identify market and sub-market risks and issues
• Participate and/or supervising projects related to asset management process improvement
• Track any tasks outsourced to third parties
• Make decisions in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead broader work team to meet deliverables and drive new initiatives
• Collaborate and consult with Commercial Real Estate peers, colleagues, and mid-level to more experienced managers to resolve issues and achieve goals
• Lead projects, teams, or serve as a peer mentor

Required Qualifications:

• 5+ years of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 5+ years of experience in the Low-Income Housing Tax Credit (LIHTC) industry with one or more of the following functional roles: Real Estate Underwriting, Portfolio Management, Asset Management, Tax Credits, Real Estate Workouts, Financial Analysis, Accounting
• Knowledge of Affordable and Low-Income Housing
• Ability to review tax returns and audits for LIHTC partnerships
• Knowledge of Section 42 regulations and compliance
• Familiarity with partnership legal documents
• Ability to effectively underwrite perm loan conversions
• Experience negotiating Investor Limited Partner (ILP) exits
• Experience managing deals under construction
• Ability to read and understand complex commercial real estate loan or real estate investment documentation, securitization documents, including pooling and servicing agreements and related documentation
• Advanced knowledge of financial issues and tax issues
• Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions
• Extensive knowledge and understanding of credit and income producing real estate
• Strong attention to detail and accuracy skills
• Advanced Microsoft Excel skills
• Strong organizational, multi-tasking, and prioritizing skills
• Strong analytical skills and ability to solve complex technical problems
• Strong communication skills and ability to articulate complex material to a diverse audience
• Strong project management skills including the ability to handle multiple projects concurrently
• Leadership experience including; coaching, training, and mentoring
• Bachelor’s or Master’s degree in Real Estate, Finance, Accounting or related field

Job Expectations:

• Ability to travel up to 10% of the time
• Ability to work additional hours as needed

Pay Range

$120,400.00 - $287,600.00

2 Apr 2025

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.