Wells Fargo Associate Tax Credit Asset Manager Commercial 

United States, North Carolina, Charlotte 

319418571

In this role, you will:

• Manage a small portfolio of investments in real estate partnerships and/or fund investments and assist more senior asset managers with their portfolio.
• Identify and analyze issues, and recommend and execute action plans
• Monitor investment and property operations and performance,
• Analyze tax returns and property and sponsor financial statements. Analyze and calculate annual cashflow distributions. Review budgets
• Review third-party inspections and reports in compliance with Low Income Housing Tax Credit (LIHTC) regulations
• Assist with customer funding requests, including review of required documentation and assistance with calculations of adjustments to capital contributions
• Assist more senior asset managers with review of customer requests.
• Assess markets in which assets reside, identify market and sub-market risks and issues
• Track any tasks outsourced to third parties
• In consultation with more senior asset managers, peers and other Commercial Real Estate colleagues, make decisions in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements to resolve issues and achieve goals.

Required Qualifications:

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

Desired Qualifications:

• Experience or familiarity with the Low-Income Housing Tax Credit (LIHTC) industry or Commercial Real Estate 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
• Ability to review tax returns and/or audits for low-income real estate partnerships
• Familiarity with real estate partnership or loan legal documents. Ability to read and understand commercial real estate loan or real estate investment documentation.
• Customer service focus with experience actively listening, eliciting information, comprehending customer issues/needs, and recommending solutions
• Strong attention to detail and accuracy
• 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
• Project management skills including the ability to handle multiple projects concurrently

Job Expectations:

• Ability to travel up to 10% of the time
• Ability to work additional hours as needed
• This role requires 4 days in the office
• The position is not eligible for Visa sponsorship.
• Required locations listed above. Relocation assistance is not available for this position.

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Pay Range

$84,000.00 - $179,200.00

18 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.