Executive Director, Senior Lead Commercial Real Estate Manager

Posted Yesterday
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Irvine, CA, USA
Hybrid
159K-305K Annually
Senior level
Fintech • Financial Services
Wells Fargo: Tech-powered. Innovation-led. We're transforming financial services.
The Role
Lead management of a prestabilized, complex LIHTC equity portfolio overseeing construction, lease-up, and permanent loan conversion. Monitor performance, assess risk, underwrite requests, execute remediation plans for troubled investments, and provide leadership, coaching, and process improvements across cross-functional stakeholders.
Summary Generated by Built In
About this role:
Wells Fargo is seeking an Executive Director, Senior Lead Commercial Real Estate Portfolio Manager to manage a prestabilized 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
    • 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.
    Salary:
    $191,000-$305,000 (CA and MA only)
    $159,000-$254,000 (Charlotte only)
    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 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:
    8 Jul 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.

    Skills Required

    • 7+ years Commercial Real Estate Portfolio Management experience or equivalent
    • Must successfully complete and pass FINRA background screening
    • Ability to travel as needed
    • Willingness to work on-site in accordance with office requirements
    • Ability to work additional hours as needed
    • 7+ years LIHTC experience across underwriting, portfolio/asset management, strong knowledge of Section 42 and affordable housing fundamentals
    • Advanced financial and tax analysis capabilities, ability to assess credit/portfolio impacts
    • Proficiency with complex CRE and partnership documentation, underwriting perm loan conversions and construction-stage transactions
    • Executive-level communication and stakeholder management, ability to influence senior leaders
    • Leadership experience including coaching, mentoring, and directing project teams
    • Strong analytical skills and advanced Excel proficiency
    • Bachelor's or Master's degree in Real Estate, Finance, Accounting, or related field
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    The Company
    HQ: San Francisco, CA
    205,000 Employees
    Year Founded: 1852

    What We Do

    Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it – Wells Fargo once again ranked in the top three – making us the #1 financial services employer – on the 2025 LinkedIn Top Companies list of best workplaces “to grow your career” in the U.S. 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

    Why Work With Us

    We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked in the top 3 on the 2025 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.

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