Associate - Commercial Real Estate Portfolio Manager

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. Commercial Real Estate (CRE) provides a fully integrated platform of banking, financing, and capital markets solutions to commercial real estate clients including financial sponsors, institutional investors and asset managers, regional developers, and public and private corporations. Wells Fargo is seeking an Associate Tax Credit Asset Manager (Commercial Real Estate Portfolio Manager) within the Corporate & Investment Bank focusing on affordable housing in underserved communities. About this role: Wells Fargo is seeking a Commercial Real Estate Portfolio Manager within the Corporate & Investment Bank focusing on affordable housing in underserved communities. 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 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 * Ability to analyze and interpret complex legal documents, including commercial real estate loan agreements and partnership contracts. * Client-focused with proven experience in analyzing customer needs and delivering effective 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 as needed * Willingness to work on-site in accordance with current office requirements * Ability to work additional hours as needed * Relocation assistance is not available for this position * Visa sponsorship is not available * Willing to work at once of the listed locations: 125 High St Boston, MA; 550 S Tryon Charlotte, NC; 333 S Grand Ave Los Angeles, CA; 2030 Main St Irvine, CA * This 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. Pay Range Reflected 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. $92,000.00 - $145,000.00 Benefits 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 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 Posting End Date: 7 Jun 2026 * Job posting may come down early due to volume of applicants. We Value Equal Opportunity Wells 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 Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells 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.