Agency Underwriter and Portfolio Manager II - Affordable Housing
Capital One
Agency Underwriter and Portfolio Manager II - Affordable Housing
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. Responsibilities:Fully understands the procedural aspect of underwriting Agency multifamily loans from application to delivery and can accurately detail this out to stakeholders within the deal team
Navigates and problem solves deals through underwriting process with minimal oversight
Identifies waivers/risks associated with the transactions and provides mitigated recommendation to discuss with their manager
Provides analysis of Borrowers and Guarantors on deals, including organizational structures, financial and real estate schedule analysis
Independently complete property inspections and lease audits that conform to Agency requirements
Reviews third party reports to conform to Agency requirements
Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
Higher level external exposure to borrowers and lender counsel
Ability to oversee the deal due diligence process and lead due diligence calls with borrowers.
Ability to collaborate with internal and external participants and partners to meet deadlines
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 prescreens
Develops and presents ideas for policy and process improvements to their manager and platform stakeholders
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
Understands Fannie Mae/Freddie Mac products with an ability to underwrite all product types, including fixed, floating, and supplementals
Bachelor's Degree or Military Experience
At least 5 years of experience in credit underwriting, portfolio management, or asset management.
At least three years of Commercial Real Estate Agency underwriting experience with knowledge of affordable housing (inclusive of LIHTC and Section 8), and experience reviewing regulatory agreements and real estate tax abatements
Knowledge of Fannie Mae/Freddie Mac affordable loan products
Experience with Google Suite and/or Microsoft Office
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, United States
- Plano, Texas, United States
- Charlotte, North Carolina McLean, VirginiaMcLean
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
- Credit underwritingintermediate
- Agency multifamily loansintermediate
- Financial analysisintermediate
- Property inspectionsintermediate
- Lease auditsintermediate
- Risk assessmentintermediate
- People managementintermediate
- Google Suiteintermediate
- Microsoft Officeintermediate
Required Qualifications
- Bachelor's Degree or Military Experience (experience)
- At least 5 years of experience in credit underwriting, portfolio management, or asset management (experience)
- At least three years of Commercial Real Estate Agency underwriting experience (preferred) (experience)
Responsibilities
- Underwrite Agency multifamily loans from application to delivery
- Perform analysis of Borrowers and Guarantors
- Complete property inspections and lease audits
- Review third party reports
- Oversee deal due diligence process
- Review work of analysts and prescreen deals
- Develop relationships with Agency counterparts
Benefits
- general: Comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Agency Underwriter and Portfolio Manager II - Affordable Housing @ Capital One.
Related Books and Jobs
Agency Underwriter and Portfolio Manager II - Affordable Housing
Capital One
Agency Underwriter and Portfolio Manager II - Affordable Housing
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. Responsibilities:Fully understands the procedural aspect of underwriting Agency multifamily loans from application to delivery and can accurately detail this out to stakeholders within the deal team
Navigates and problem solves deals through underwriting process with minimal oversight
Identifies waivers/risks associated with the transactions and provides mitigated recommendation to discuss with their manager
Provides analysis of Borrowers and Guarantors on deals, including organizational structures, financial and real estate schedule analysis
Independently complete property inspections and lease audits that conform to Agency requirements
Reviews third party reports to conform to Agency requirements
Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
Higher level external exposure to borrowers and lender counsel
Ability to oversee the deal due diligence process and lead due diligence calls with borrowers.
Ability to collaborate with internal and external participants and partners to meet deadlines
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 prescreens
Develops and presents ideas for policy and process improvements to their manager and platform stakeholders
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
Understands Fannie Mae/Freddie Mac products with an ability to underwrite all product types, including fixed, floating, and supplementals
Bachelor's Degree or Military Experience
At least 5 years of experience in credit underwriting, portfolio management, or asset management.
At least three years of Commercial Real Estate Agency underwriting experience with knowledge of affordable housing (inclusive of LIHTC and Section 8), and experience reviewing regulatory agreements and real estate tax abatements
Knowledge of Fannie Mae/Freddie Mac affordable loan products
Experience with Google Suite and/or Microsoft Office
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, United States
- Plano, Texas, United States
- Charlotte, North Carolina McLean, VirginiaMcLean
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
- Credit underwritingintermediate
- Agency multifamily loansintermediate
- Financial analysisintermediate
- Property inspectionsintermediate
- Lease auditsintermediate
- Risk assessmentintermediate
- People managementintermediate
- Google Suiteintermediate
- Microsoft Officeintermediate
Required Qualifications
- Bachelor's Degree or Military Experience (experience)
- At least 5 years of experience in credit underwriting, portfolio management, or asset management (experience)
- At least three years of Commercial Real Estate Agency underwriting experience (preferred) (experience)
Responsibilities
- Underwrite Agency multifamily loans from application to delivery
- Perform analysis of Borrowers and Guarantors
- Complete property inspections and lease audits
- Review third party reports
- Oversee deal due diligence process
- Review work of analysts and prescreen deals
- Develop relationships with Agency counterparts
Benefits
- general: Comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Agency Underwriter and Portfolio Manager II - Affordable Housing @ Capital One.
Related Books and Jobs