AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Capital One
AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Job Description
Overview
The Commercial Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial’s Bank’s growth and ensuring we have a scalable, well-managed business. This role supports the Corporate & Sponsor Lending - Cash Flow (CSL-Cash Flow) line of business. Capital One’s CSL-Cash Flow group includes the Diversified Industries, Food & Beverage, Healthcare and TMT industry verticals within the Middle Market Bank. The group provides financing to medium to large companies for mergers and acquisitions, corporate growth, balance sheet re-financings and recapitalizations. The CSL-Cash Flow portfolio consists of over 560 clients and $30 billion in credit exposure. As an Underwriter & Portfolio Manager, you begin to demonstrate subject matter expertise in credit risk management and are expected to perform responsibilities independently. In addition to your own job duties, you will play a leadership role across deal teams by guiding and shaping more junior associates. You are trusted with the most complex transactions or solve unique problems because of your experience and job specific skills.Primary underwriting responsibilities may include:Underwrite leveraged debt transactions to new or existing clients
Lead due diligence process and calls; evaluate diligence to draw relevant conclusions on material strengths, risks, and mitigants
Assist less experienced team members in financial statement analysis and cash flow analysis
Review financial models independently
Coordinate with deal team on appropriate structuring options
Write and prepare the credit approval document; review work of less experienced members of the team; begin to take a leadership role in conversations with internal partners
Oversee closing process requirements; review closing memo
Prepare term sheets, commitment letters and fee letters with minimal guidance; understand majority of provisions of all credit documents and can provide rationale; begin to negotiate credit docs with guidance
Drive overall deal process and lead communication with internal and external constituents; constructively improve deal process
Manage a portfolio of accounts independently; review and monitor portfolio accounts’ health and performance against expectations; drive customer retention
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Coordinate with Portfolio Management team to ensure all annual reviews and both material and non-material modifications are completed on time
Assist portfolio managers with quarterly portfolio reviews
Ensure compliance with credit policies and procedures for existing accounts
Respond to requests from all internal and external stakeholders
Work with portfolio managers to ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Build relationships across function and business to foster collaboration between partner groups
Interact directly with customers to cultivate strong relationships while balancing risk and return
Mentor and train rotational analysts and less experienced associates
Participate in internal initiatives to ensure the business is well-managed and operates efficiently
Bachelor’s Degree or Military Experience
At least 5 years of experience in credit underwriting, portfolio management or asset management
Bachelor's Degree in Accounting, Finance, or other relevant fields
7+ years of experience in credit underwriting or portfolio or asset management
Previous leadership (informal or formal) experience with deal teams or analysts
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
- Chicago, Illinois McLean, VirginiaMcLean
Salary
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Credit Underwritingintermediate
- Portfolio Managementintermediate
- Financial Statement Analysisintermediate
- Cash Flow Analysisintermediate
- Financial Modelingintermediate
- Due Diligenceintermediate
- Credit Risk Managementintermediate
- Deal Structuringintermediate
Required Qualifications
- Bachelor’s Degree or Military Experience (experience)
- At least 5 years experience in credit underwriting, portfolio management or asset management (experience)
- Bachelor's Degree in Accounting, Finance, or other relevant fields (preferred) (experience)
- 7+ years experience in credit underwriting or portfolio/asset management (preferred) (experience)
- Previous leadership experience with deal teams or analysts (preferred) (experience)
Responsibilities
- Underwrite leveraged debt transactions to new or existing clients
- Lead due diligence process and evaluate material strengths, risks, and mitigants
- Review financial models independently
- Write and prepare credit approval documents
- Manage portfolio of accounts independently and drive customer retention
- Proactively anticipate issues and resolve problem accounts
- Mentor and train rotational analysts and less experienced associates
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending @ Capital One.
Related Books and Jobs
AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Capital One
AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Job Description
Overview
The Commercial Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial’s Bank’s growth and ensuring we have a scalable, well-managed business. This role supports the Corporate & Sponsor Lending - Cash Flow (CSL-Cash Flow) line of business. Capital One’s CSL-Cash Flow group includes the Diversified Industries, Food & Beverage, Healthcare and TMT industry verticals within the Middle Market Bank. The group provides financing to medium to large companies for mergers and acquisitions, corporate growth, balance sheet re-financings and recapitalizations. The CSL-Cash Flow portfolio consists of over 560 clients and $30 billion in credit exposure. As an Underwriter & Portfolio Manager, you begin to demonstrate subject matter expertise in credit risk management and are expected to perform responsibilities independently. In addition to your own job duties, you will play a leadership role across deal teams by guiding and shaping more junior associates. You are trusted with the most complex transactions or solve unique problems because of your experience and job specific skills.Primary underwriting responsibilities may include:Underwrite leveraged debt transactions to new or existing clients
Lead due diligence process and calls; evaluate diligence to draw relevant conclusions on material strengths, risks, and mitigants
Assist less experienced team members in financial statement analysis and cash flow analysis
Review financial models independently
Coordinate with deal team on appropriate structuring options
Write and prepare the credit approval document; review work of less experienced members of the team; begin to take a leadership role in conversations with internal partners
Oversee closing process requirements; review closing memo
Prepare term sheets, commitment letters and fee letters with minimal guidance; understand majority of provisions of all credit documents and can provide rationale; begin to negotiate credit docs with guidance
Drive overall deal process and lead communication with internal and external constituents; constructively improve deal process
Manage a portfolio of accounts independently; review and monitor portfolio accounts’ health and performance against expectations; drive customer retention
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Coordinate with Portfolio Management team to ensure all annual reviews and both material and non-material modifications are completed on time
Assist portfolio managers with quarterly portfolio reviews
Ensure compliance with credit policies and procedures for existing accounts
Respond to requests from all internal and external stakeholders
Work with portfolio managers to ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Build relationships across function and business to foster collaboration between partner groups
Interact directly with customers to cultivate strong relationships while balancing risk and return
Mentor and train rotational analysts and less experienced associates
Participate in internal initiatives to ensure the business is well-managed and operates efficiently
Bachelor’s Degree or Military Experience
At least 5 years of experience in credit underwriting, portfolio management or asset management
Bachelor's Degree in Accounting, Finance, or other relevant fields
7+ years of experience in credit underwriting or portfolio or asset management
Previous leadership (informal or formal) experience with deal teams or analysts
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
- Chicago, Illinois McLean, VirginiaMcLean
Salary
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Credit Underwritingintermediate
- Portfolio Managementintermediate
- Financial Statement Analysisintermediate
- Cash Flow Analysisintermediate
- Financial Modelingintermediate
- Due Diligenceintermediate
- Credit Risk Managementintermediate
- Deal Structuringintermediate
Required Qualifications
- Bachelor’s Degree or Military Experience (experience)
- At least 5 years experience in credit underwriting, portfolio management or asset management (experience)
- Bachelor's Degree in Accounting, Finance, or other relevant fields (preferred) (experience)
- 7+ years experience in credit underwriting or portfolio/asset management (preferred) (experience)
- Previous leadership experience with deal teams or analysts (preferred) (experience)
Responsibilities
- Underwrite leveraged debt transactions to new or existing clients
- Lead due diligence process and evaluate material strengths, risks, and mitigants
- Review financial models independently
- Write and prepare credit approval documents
- Manage portfolio of accounts independently and drive customer retention
- Proactively anticipate issues and resolve problem accounts
- Mentor and train rotational analysts and less experienced associates
Benefits
- general: Comprehensive health benefits
- general: Financial benefits
- general: Other benefits supporting total well-being
Answer 10 quick questions to check your fit for AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending @ Capital One.
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