Analyst, Specialty Underwriter & Portfolio Manager - CRE

Analyst, Specialty Underwriter & Portfolio Manager - CRE The Secured Underwriting group within our Commercial Real Estate business plays a critical role in the Bank’s growth, ensuring we maintain a scalable, well-managed portfolio. As an Underwriting Analyst, you will move beyond the basics of credit risk management to take ownership of deal analysis with meaningful autonomy. In this role, you will analyze complex transactions, identify market trends, and help manage a diverse portfolio of Multifamily, Industrial, Retail, and Office assets.

You won't just be crunching numbers; you will be building the narrative that drives our lending decisions. Key Responsibilities: Financial Analysis & Modeling Drive Financial Analysis: Perform comprehensive analysis of property operating statements, rent rolls, tenant financials, collateral analysis, and pro forma projections to accurately determine debt service coverage and refinance risk. Own the Model: Prepare and manage financial models with minimal guidance, synthesizing key metrics to stress-test deal structures against various economic scenarios.

Guarantor Review: Conduct in-depth analysis of individual and corporate guarantors (e.g. reviewing liquidity, contingent liabilities, and global cash flow) to determine true financial strength. Risk Assessment & Deal Execution Market Research: Evaluate real estate fundamentals (submarket conditions, vacancy, supply/demand) and the asset’s competitive positioning to draw data-driven conclusions.

Credit Memorandums: Author clear, persuasive credit approval memos that identify risks, propose structural mitigants, and provide well-supported risk rating recommendations. Due Diligence: Critically evaluate third-party reports, including appraisals, environmental site assessments, and property condition reports to assess asset quality. Closing Execution: Coordinate closing requirements, prepare term sheets, and partner with senior underwriters on legal documentation negotiation.

Portfolio & Relationship Management Identify Trends: Proactively identify and escalate anomalies within individual deals or the broader portfolio. Collaboration: Build strong relationships with Relationship Managers, Credit Officers, Loan Closers, and Legal Counsel to facilitate a smooth, transparent deal process. Data Integrity: Ensure underwriting data is accurate and timely within internal systems to support robust reporting and analytics.

Basic Qualifications: Bachelor’s Degree or Military Experience At least 2 years of experience in credit underwriting, portfolio management or commercial real estate analysis Preferred Qualifications: Completion of a formal bank credit training program with a focus on real estate 3+ years of experience in CRE underwriting Proficiency in ARGUS, CoStar, or other real estate-specific data platforms Ability to build complex financial models from scratch in Microsoft Excel Familiarity with CRE loan documentation and legal considerations ** At this time, Capital One will not sponsor a new applicant for employment authorization for this position. The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting.

Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked. Charlotte, NC: $119,400 - $136,200 for Analyst, Specialty Underwriter & Portfolio Manager McLean, VA: $131,300 - $149,800 for Analyst, Specialty Underwriter & Portfolio Manager New Orleans, LA: $119,400 - $136,200 for Analyst, Specialty Underwriter & Portfolio Manager Plano, TX: $119,400 - $136,200 for Analyst, Specialty Underwriter & Portfolio Manager 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. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).

Incentives could be discretionary or non discretionary depending on the plan. Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website .

Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level. This role is expected to accept applications for a minimum of 5 business days. No agencies please.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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.com Capital 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).