Tax Credit Asset Manager, Wells Fargo

Wells Fargo

Location:
United States, Boston ▼
Denver

Category:
Finance

Contract Type:
Employment contract

Salary:

85000.00 - 145000.00 USD / Year

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Job Description:

Associate Tax Credit Asset Manager (Commercial Real Estate Portfolio Manager) within the Corporate & Investment Bank focusing on affordable housing in underserved communities. The role involves managing investments in real estate partnerships and fund investments while assisting senior asset managers.

Job Responsibility:

Manage a small portfolio of investments in real estate partnerships and/or fund investments
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
Make decisions in complex and multifaceted situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements

Requirements:

2+ years of Commercial Real Estate experience or equivalent demonstrated through work experience, training, military experience, or education
Experience with Low-Income Housing Tax Credit (LIHTC) industry or Commercial Real Estate industry with functional roles such as 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 ability to handle multiple projects concurrently

Nice to have:

Experience with Low-Income Housing Tax Credit (LIHTC) industry
Commercial Real Estate industry experience in Real Estate Underwriting, Portfolio Management, Asset Management, Tax Credits, Real Estate Workouts, Financial Analysis, Accounting

What we offer:

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance
Critical illness insurance
Accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Additional Information:

Job Posted:
October 03, 2025

Expiration:
October 09, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Tax Credit Asset Manager