At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.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
Relocation assistance is not available for this position.
The position is not eligible for Visa sponsorship.
Additional Information:
comp range 100,000-150,000
Pay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.$84,000.00 - $164,400.00BenefitsWells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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:21 Mar 2025 Job posting may come down early due to volume of applicants.We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.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.Candidates applying to job openings posted in US: 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.Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.Req Number: R-444219