Agency Underwriter and Portfolio Manager I
Capital One
Agency Underwriter and Portfolio Manager I
Job Description
Overview
Capital One is active in all aspects of the Commercial Real Estate arena with extensive experience in permanent and construction loans for a broad range of projects including multifamily housing, retail, office buildings, student housing, industrial and parking facilities.Our Multifamily Finance Team is a part of Capital One’s broader Commercial Real Estate Business (CRE) and in addition to generating loans for our balance sheet, is one of the largest originators of Fannie Mae, Freddie Mac and FHA loans.In this role as a Principal Associate, the ideal candidate will be expected to fully understand the procedural aspect of underwriting Agency Loans from application to delivery and can accurately detail this out to stakeholders within the deal team.Responsibilities:Navigates deals through underwriting process with minimal oversight
Correctly identifies all waivers\risks associated with the transactions and provides mitigated recommendation to discuss with their manager
Presents ideas for policy and process improvements to their manager
Shows ability to oversee, train and increase their own efficiency through the use of Analysts\Senior Analysts
Review work of analyst/senior analysts assisting on deals and pre-screens
Higher level external exposure to borrowers and lender counsel
Underwrites complex transactions with complicated borrower structures and unique property/market characteristics
Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
Works on special projects as deemed appropriate by their manager
Participates in structuring deals with manager and production to broaden product knowledge
Develops and foster relationships with agency counterparts
Interprets Fannie Mae/Freddie Mac product sheets and underwrites all transaction types, including fixed, floating, supplemental, MHCs, etc.
Bachelor's Degree or Military Experience
At least 2 years of experience in credit underwriting, portfolio management, or asset management.
At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae
At least 3 years of experience in Agency Lending Underwriting
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaChicago
Salary
80,000 - 135,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Agency loan underwritingintermediate
- Risk identification and mitigationintermediate
- Fannie Mae/Freddie Mac product interpretationintermediate
- Team oversight and trainingintermediate
- Complex transaction underwritingintermediate
- Stakeholder communicationintermediate
Required Qualifications
- Bachelor's Degree or Military Experience (experience)
- At least 2 years of experience in credit underwriting, portfolio management, or asset management (experience)
- At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae (preferred) (experience)
- At least 3 years of experience in Agency Lending Underwriting (preferred) (experience)
Responsibilities
- Navigates deals through underwriting process with minimal oversight
- Identifies all waivers/risks associated with transactions and provides mitigated recommendations
- Reviews work of analysts/senior analysts and pre-screens deals
- Underwrites complex transactions with complicated borrower structures
- Presents fully completed narratives with risk mitigation to manager
- Develops relationships with agency counterparts
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Agency Underwriter and Portfolio Manager I @ Capital One.
Related Books and Jobs
Agency Underwriter and Portfolio Manager I
Capital One
Agency Underwriter and Portfolio Manager I
Job Description
Overview
Capital One is active in all aspects of the Commercial Real Estate arena with extensive experience in permanent and construction loans for a broad range of projects including multifamily housing, retail, office buildings, student housing, industrial and parking facilities.Our Multifamily Finance Team is a part of Capital One’s broader Commercial Real Estate Business (CRE) and in addition to generating loans for our balance sheet, is one of the largest originators of Fannie Mae, Freddie Mac and FHA loans.In this role as a Principal Associate, the ideal candidate will be expected to fully understand the procedural aspect of underwriting Agency Loans from application to delivery and can accurately detail this out to stakeholders within the deal team.Responsibilities:Navigates deals through underwriting process with minimal oversight
Correctly identifies all waivers\risks associated with the transactions and provides mitigated recommendation to discuss with their manager
Presents ideas for policy and process improvements to their manager
Shows ability to oversee, train and increase their own efficiency through the use of Analysts\Senior Analysts
Review work of analyst/senior analysts assisting on deals and pre-screens
Higher level external exposure to borrowers and lender counsel
Underwrites complex transactions with complicated borrower structures and unique property/market characteristics
Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
Works on special projects as deemed appropriate by their manager
Participates in structuring deals with manager and production to broaden product knowledge
Develops and foster relationships with agency counterparts
Interprets Fannie Mae/Freddie Mac product sheets and underwrites all transaction types, including fixed, floating, supplemental, MHCs, etc.
Bachelor's Degree or Military Experience
At least 2 years of experience in credit underwriting, portfolio management, or asset management.
At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae
At least 3 years of experience in Agency Lending Underwriting
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaChicago
Salary
80,000 - 135,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Agency loan underwritingintermediate
- Risk identification and mitigationintermediate
- Fannie Mae/Freddie Mac product interpretationintermediate
- Team oversight and trainingintermediate
- Complex transaction underwritingintermediate
- Stakeholder communicationintermediate
Required Qualifications
- Bachelor's Degree or Military Experience (experience)
- At least 2 years of experience in credit underwriting, portfolio management, or asset management (experience)
- At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae (preferred) (experience)
- At least 3 years of experience in Agency Lending Underwriting (preferred) (experience)
Responsibilities
- Navigates deals through underwriting process with minimal oversight
- Identifies all waivers/risks associated with transactions and provides mitigated recommendations
- Reviews work of analysts/senior analysts and pre-screens deals
- Underwrites complex transactions with complicated borrower structures
- Presents fully completed narratives with risk mitigation to manager
- Develops relationships with agency counterparts
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for Agency Underwriter and Portfolio Manager I @ Capital One.
Related Books and Jobs