Based in Irvine, Wells Fargo is seeking a Vice President to lead a LIHTC and affordable housing portfolio within its Tax Credit Asset Manager team. The role functions as the primary liaison for general partners and internal groups, overseeing asset performance, financial health, and targeted asset-management initiatives in a fast-paced real estate environment.
Responsibilities
- Independently oversee a LIHTC/affordable housing portfolio, acting as the main contact for general partners and Wells Fargo internal teams.
- Monitor the performance of stabilized, construction, and lease-up assets by reviewing third-party reports, conducting inspections, evaluating market conditions, and performing site visits to identify risks and performance issues.
- Analyze financial statements, tax returns, partnership documents, and sponsor financials to gauge asset health, compliance, and credit quality.
- Identify emerging issues, propose recommendations, and implement action plans, including assessing and communicating risk rating changes to credit partners and senior leadership.
- Review and underwrite general partner consent requests, such as loan refinances, changes in partnership structure, reserve releases, and adjustments to capital contributions.
- Evaluate and process capital contribution requests and reserve withdrawals, ensuring calculations, adjusters, and documentation align with partnership agreements.
- Provide leadership through coaching, mentoring, and supporting junior team members, while contributing to asset-management process improvements.
- Oversee and track work outsourced to third-party vendors, ensuring accuracy, timeliness, and alignment with asset management standards.
Requirements
- 5+ years of Commercial Real Estate Portfolio Management experience, or an equivalent demonstrated through a combination of work experience, training, military experience, or education.
Technologies
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
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
- Visa sponsorship is not available
- This position is subject to FINRA background screening requirements. Candidates must pass a background check prior to hire. Individuals subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Ongoing regulatory obligations include periodic screening and mandatory reporting of certain incidents.
- Some compliance policies may apply regarding outside activities or personal investing; affected employees will provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable policy requirements if hired. Expectation details will be shared during recruitment.
Pay Range
Base pay range offered: $150,000 - $200,000.
The overall pay range listed is $119,000 - $224,000, and employees may be eligible for incentive opportunities.
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, veteran status, or any other legally protected characteristic.
Posting End Date
Posting end date: April 18, 2026.
