Senior Manager, Underwriter
Capital One
Senior Manager, Underwriter
Job Description
Overview
Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas, and backgrounds, guided by our shared values, come together to make Capital One a great company—and a great place to work.About External Affairs and the UWPLM Team:External Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment, Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.The Underwriting, Portfolio & Loan Management (UWPLM) team is an integral part of Community Finance that is responsible for the risk assessment, evaluation, management, and administration of individual loans and investments and the entire portfolio. The team underwrites new affordable housing transactions, manage and administer the portfolio of debt and equity exposure, and ensure a scalable and well-managed business. The team endeavors to create an environment that supports efficient and impactful risk management.Our ideal candidate possesses critical thinking skills, demonstrates the willingness and ability to provide effective challenge, strong risk orientation, strong analytical skills, concise verbal and written communication skills, high level of attention to detail, ability to manage internal and external relationship, ability to work independently and as part of a team, problem solving skills, risk management skills, as well as a high level of attention to detail and the ability to work independently and as part of a team. While serving in this role, it is expected that the incumbent will gain experience in all facets of departmental risk management, strategy and operations and proactively identify areas for process improvement. It is also expected that the incumbent will be a culture carrier and show initiative in maintaining a positive and harmonious work environment.Role Summary:As a Senior Manager, you will be responsible for leading underwriting activities, either as an individual contributor or as a people leader. You will be responsible for leading a team of associates to underwrite new transactions. This role requires strong leadership, critical thinking, risk management, financial analysis, and relationship management skills to drive business objectives and ensure compliance with policies and procedures.Primary Responsibilities:Lead team of associates to underwrite and manage a portfolio of assets.
Engage with internal and external stakeholders to complete due diligence, risk assessment/mitigation
Drive process improvements to enhance operational efficiency and risk management practices.
Mentor and develop junior associates, providing guidance on underwriting, risk assessment, portfolio management and financial modeling.
Represent Capital One in industry forums and build strong relationships with market influencers and key stakeholders.
Bachelor’s degree or military experience
At least 7 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate
Master’s degree in Finance, Real Estate, or a related field
Experience with construction lending, LIHTC investment, syndication, or asset management
Strong financial modeling and credit analysis skills
3 years of people leadership experience
Proven ability to lead teams and complex problem solving skills
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
- New York, New York New York, New YorkNew York
Salary
Estimated Salary Rangemedium confidence
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
- critical thinkingintermediate
- risk managementintermediate
- financial analysisintermediate
- financial modelingintermediate
- credit analysisintermediate
- leadershipintermediate
- relationship managementintermediate
- underwritingintermediate
- portfolio managementintermediate
- problem solvingintermediate
Required Qualifications
- Bachelor’s degree or military experience (experience)
- At least 7 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate (experience)
- Master’s degree in Finance, Real Estate, or a related field (preferred) (experience)
- 3 years of people leadership experience (preferred) (experience)
Responsibilities
- Lead team of associates to underwrite and manage a portfolio of assets
- Engage with internal and external stakeholders to complete due diligence, risk assessment/mitigation
- Drive process improvements to enhance operational efficiency and risk management practices
- Mentor and develop junior associates, providing guidance on underwriting, risk assessment, portfolio management and financial modeling
- Represent Capital One in industry forums and build strong relationships with market influencers and key stakeholders
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Senior Manager, Underwriter @ Capital One.
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Senior Manager, Underwriter
Capital One
Senior Manager, Underwriter
Job Description
Overview
Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas, and backgrounds, guided by our shared values, come together to make Capital One a great company—and a great place to work.About External Affairs and the UWPLM Team:External Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment, Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.The Underwriting, Portfolio & Loan Management (UWPLM) team is an integral part of Community Finance that is responsible for the risk assessment, evaluation, management, and administration of individual loans and investments and the entire portfolio. The team underwrites new affordable housing transactions, manage and administer the portfolio of debt and equity exposure, and ensure a scalable and well-managed business. The team endeavors to create an environment that supports efficient and impactful risk management.Our ideal candidate possesses critical thinking skills, demonstrates the willingness and ability to provide effective challenge, strong risk orientation, strong analytical skills, concise verbal and written communication skills, high level of attention to detail, ability to manage internal and external relationship, ability to work independently and as part of a team, problem solving skills, risk management skills, as well as a high level of attention to detail and the ability to work independently and as part of a team. While serving in this role, it is expected that the incumbent will gain experience in all facets of departmental risk management, strategy and operations and proactively identify areas for process improvement. It is also expected that the incumbent will be a culture carrier and show initiative in maintaining a positive and harmonious work environment.Role Summary:As a Senior Manager, you will be responsible for leading underwriting activities, either as an individual contributor or as a people leader. You will be responsible for leading a team of associates to underwrite new transactions. This role requires strong leadership, critical thinking, risk management, financial analysis, and relationship management skills to drive business objectives and ensure compliance with policies and procedures.Primary Responsibilities:Lead team of associates to underwrite and manage a portfolio of assets.
Engage with internal and external stakeholders to complete due diligence, risk assessment/mitigation
Drive process improvements to enhance operational efficiency and risk management practices.
Mentor and develop junior associates, providing guidance on underwriting, risk assessment, portfolio management and financial modeling.
Represent Capital One in industry forums and build strong relationships with market influencers and key stakeholders.
Bachelor’s degree or military experience
At least 7 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate
Master’s degree in Finance, Real Estate, or a related field
Experience with construction lending, LIHTC investment, syndication, or asset management
Strong financial modeling and credit analysis skills
3 years of people leadership experience
Proven ability to lead teams and complex problem solving skills
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
- New York, New York New York, New YorkNew York
Salary
Estimated Salary Rangemedium confidence
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
- critical thinkingintermediate
- risk managementintermediate
- financial analysisintermediate
- financial modelingintermediate
- credit analysisintermediate
- leadershipintermediate
- relationship managementintermediate
- underwritingintermediate
- portfolio managementintermediate
- problem solvingintermediate
Required Qualifications
- Bachelor’s degree or military experience (experience)
- At least 7 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate (experience)
- Master’s degree in Finance, Real Estate, or a related field (preferred) (experience)
- 3 years of people leadership experience (preferred) (experience)
Responsibilities
- Lead team of associates to underwrite and manage a portfolio of assets
- Engage with internal and external stakeholders to complete due diligence, risk assessment/mitigation
- Drive process improvements to enhance operational efficiency and risk management practices
- Mentor and develop junior associates, providing guidance on underwriting, risk assessment, portfolio management and financial modeling
- Represent Capital One in industry forums and build strong relationships with market influencers and key stakeholders
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Senior Manager, Underwriter @ Capital One.
10 Questions
~2 Minutes
Instant Score
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