Wells Fargo · 1 month ago
Vice President-Lead Commercial Real Estate Portfolio Manager
CHARLOTTE, NC
Full-time
Onsite
Mid, Senior Level
$119K/yr - $224K/yr
5+ years expWells Fargo is a leading financial services company, and they are seeking a Vice President-Lead Commercial Real Estate Portfolio Manager to manage a portfolio of equity investments for affordable housing clients. The role involves coaching junior employees, monitoring investment performance, and collaborating with various stakeholders to resolve issues and achieve goals.
BankingFinancial ServicesFinTechInsurancePayments
No H1B
Responsibilities
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
Qualification
Required
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
Preferred
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
Benefits
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
2026-01-24
2026-01-23
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