Vice President, FHA Asset Management CRE Portfolio Manager

The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. Learn more about the career areas and lines of business at wellsfargojobs.com. Commercial Real Estate (CRE) delivers a comprehensive platform of financing and banking products for experienced commercial real estate clients, including balance sheet lending, CMBS origination and distribution, loan warehousing, agency financing for multifamily properties, and debt and equity capital for affordable housing.About this role:Wells Fargo is seeking a Vice President, FHA Asset Management CRE Portfolio Manager (Lead Commercial Real Estate Portfolio Manager) in CIB as part of our Commercial Real Estate team to support the FHA Asset Management team.In this role, you will:Lead complex initiatives including those that are companywide with broad impactAct as key participant in large scale planning for Commercial Real Estate Portfolio Management functional areaReview and research complex, multifaceted, large scale, and long term business challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factorsMake 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 initiativesCollaborate and consult with Commercial Real Estate Portfolio Management peers, colleagues, and mid-level to more experienced managers to resolve issues and achieve goalsLead projects, teams, or serve as a peer mentorRequired 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, educationDesired Qualifications:5+ years of experience within FHA (Federal Housing Administration) lendingStrong background in multifamily capital / agency lending, with a focus on government-backed programsExpertise in loan closing processes, particularly within FHA structuresAbility and willingness to operate in a hybrid role spanning both loan closing and construction loan administration, preferably with construction experienceDirect experience managing the conversion process from construction loans to permanent financingFamiliarity with GNMA (Ginnie Mae) securitization processes and implications for loan servicing and asset performanceDeep understanding of HUD (Department of Housing and Urban Development) programs, compliance, and reporting requirementsExperience in FHA draw processes during the construction phaseStrong exposure to asset management within multifamily portfolios, particularly under HUD frameworksMid-career to senior-level profile with hands-on execution experience, not purely theoretical or advisoryAbility to manage specialized, highly regulated loan products with attention to detail and compliance standardsStrong stakeholder management and communication skills across internal teams, borrowers, and regulatory entitiesExperience in ORCF (Office of Residential Care Facilities) and/or OHF (Office of Hospital Facilities) considered a plusJob Expectations:Visa sponsorship is not availableAbility to travel up to 10% of the timeThis position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.Posting Location:1751 Pinnacle Dr. - Mclean, Virginia 22102Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.$143,000.00 - $224,000.00Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:10 Aug 2026*Job posting may come down early due to volume of applicants.We Value Equal OpportunityWells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Wells Fargo Recruitment and Hiring Requirements:a. Third-Party recordings are prohibited unless authorized by Wells Fargo.b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.SummaryLocation: MCLEAN, VAType: Full time