Vice President, FHA Asset Management CRE Portfolio Manager

Wells Fargo’s Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets, and advisory solutions—including sales, trading, and research—to corporate, government, and institutional clients. Commercial Real Estate (CRE) provides financing and banking products for experienced commercial real estate clients, such as balance-sheet lending, CMBS origination and distribution, loan warehousing, agency financing for multifamily properties, and debt and equity capital for affordable housing.

About the role

Wells Fargo is seeking a Vice President, FHA Asset Management CRE Portfolio Manager to lead complex initiatives within the Commercial Real Estate team, supporting the FHA Asset Management function.

Responsibilities

• Lead company-wide initiatives with broad impact
• Participate in large-scale planning for Commercial Real Estate Portfolio Management
• Review and research complex, multifaceted, long-term business challenges requiring in-depth evaluation of multiple factors
• Make decisions in complex situations requiring exceptional understanding of function, policies, procedures, and compliance requirements
• Drive deliverables and new initiatives by influencing and leading broader work teams
• Collaborate and consult with peers, colleagues, and mid-level to senior managers to resolve issues and achieve goals
• Lead projects, teams, or serve as a peer mentor

Requirements

• 5+ years of Commercial Real Estate Portfolio Management experience, or equivalent demonstrated through work experience, training, military experience, or education

Qualifications

• 5+ years of experience within FHA (Federal Housing Administration) lending
• Strong background in multifamily capital/agency lending, with a focus on government-backed programs
• Expertise in loan closing processes, particularly within FHA structures
• Ability and willingness to operate in a hybrid role spanning loan closing and construction loan administration, preferably with construction experience
• Direct experience managing the conversion process from construction loans to permanent financing
• Familiarity with GNMA (Ginnie Mae) securitization processes and implications for loan servicing and asset performance
• Deep understanding of HUD (Department of Housing and Urban Development) programs, compliance, and reporting requirements
• Experience in FHA draw processes during the construction phase
• Strong exposure to asset management within multifamily portfolios, particularly under HUD frameworks
• Mid-career to senior-level profile with hands-on execution experience
• Ability to manage specialized, highly regulated loan products with attention to detail and compliance standards
• Strong stakeholder management and communication skills across internal teams, borrowers, and regulatory entities
• Experience in ORCF (Office of Residential Care Facilities) and/or OHF (Office of Hospital Facilities) considered a plus

Job Expectations

• Visa sponsorship is not available
• Ability to travel up to 10% of the time
• 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, including periodic screening and mandatory reporting of certain incidents
• Compliance policies may apply regarding outside activities or personal investing; affected employees must provide information to the Wells Fargo Personal Account Dealing Team

Location: McLean, Virginia (1751 Pinnacle Drive)

Pay

$143,000.00 - $224,000.00 base pay range. Pay may vary depending on factors including demonstrated performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

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