Executive Director, Senior Lead Commercial Real Estate Manager

Wells Fargo • Full-time • Denver, CO, US • $159k - $305k / year • 1w ago

About this role:

Wells Fargo is seeking an Executive Director, Senior Lead Commercial Real Estate Portfolio Manager to manage a pre-stabilized portfolio of complex LIHTC equity investments, providing strategic leadership across some of Wells Fargo’s largest and most sophisticated affordable housing clients. This Executive Director role requires deep experience in LIHTC equity asset management, particularly the ability to independently monitor a portfolio of assets undergoing construction, lease-up and permanent loan conversion.

In this role, you will:

Independently manage a portfolio of complex LIHTC equity investments, serving as the primary point of contact for general partners and internal stakeholders.
Monitor performance across construction, lease-up, and stabilized stages, directing market assessments, reviewing third-party inspections, and identifying emerging risks.
Lead risk governance for the portfolio, including surveillance for changes in risk ratings and delivering recommendations to credit partners and senior management.
Analyze financial statements, tax returns/audits, and partnership documentation; review and underwrite general partner consent requests; and evaluate capital contribution and reserve withdrawal requests.
Drive identification of issues and execution of action plans for troubled investments, partnering with internal stakeholders to ensure cross-functional resolution
Provide leadership through coaching and mentoring talent, leading projects and teams, identifying and owning process improvements, and contributing subject matter expertise.

Required Qualifications:

7+ 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

Desired Qualifications:

7+ years of LIHTC experience across underwriting, portfolio/asset management, with strong knowledge of Section 42 and affordable housing fundamentals
Manage, strategize and execute action plans to resolve troubled tax credit investments
Advanced financial and tax analysis capabilities, with demonstrated ability to assess credit/portfolio impacts
Proficiency with complex CRE and partnership documentation, including underwriting perm loan conversions and evaluating construction-stage transactions
Executive-level communication and stakeholder management, with a track record of influencing cross-functional partners and senior leaders
Leadership experience includes coaching, training, mentoring, and directing project teams in a fast-paced environment
Strong analytical skills and advanced Excel proficiency, with exceptional attention to detail and sound judgment in complex situations
Bachelor’s or Master’s degree in Real Estate, Finance, Accounting or related field

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

Posting Location:

125 High St. - Boston, Massachusetts 02110
550 S Tryon St. - Charlotte, North Carolina 28202
2030 Main St. - Irvine, California 92614
1700 Lincoln St. - Denver, Colorado 80203

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.

$159,000.00 - $305,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit for an overview of the following benefit plans and programs offered to employees.