Wells Fargo Tax Credit Asset Manager Lead Commercial real Estate Portfolio 

United States, California, Los Angeles 

757733826

In this role, you will:

• Lead complex initiatives including those that are companywide with broad impact

• Act as key participant in large scale planning for Commercial Real Estate Portfolio Management functional area

• Review and research complex, multifaceted, large scale, and long term business challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors

• 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 Portfolio Management 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:

• 3+ 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, Fund Management, Asset Management (Tax Credit Asset Management a plus), Real Estate Workouts, Financial Analysis, Accounting

• Familiarity and ability to review tax returns and audits for LIHTC partnerships

• Knowledge of IRS Code Section 42 regulations and compliance requirements

• Familiarity with Real Estate partnership and Real Estate fund agreement legal documents

• Ability to effectively underwrite perm loan conversions

• Experience negotiating Investor Limited Partner (ILP) exits from Real Estate Partnerships

• Experience managing multifamily housing projects during construction

• Advanced knowledge of financial issues and tax issues pertaining to Real Estate

• Extensive knowledge and understanding of tax credit and income producing real estate

• Experience with tax credit syndication

• Advanced Microsoft Excel skills

• Strong analytical skills and ability to solve complex technical problems

• Strong project management skills including the ability to handle multiple projects concurrently

• Experience with coaching, training, and mentoring

• Bachelor’s or master’s degree in real estate, Finance, Accounting or related field

• Tax Credits is not a functional role

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 and 1 day remote

• 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

Wells Fargo Recruitment and Hiring Requirements:

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