Agency Underwriter and Portfolio Manager II - Affordable Housing

Agency Underwriter and Portfolio Manager II - Affordable Housing 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 Basic Qualifications : Bachelor's Degree or Military Experience At least 5 years of experience in credit underwriting, portfolio management, or asset management. Preferred Qualifications : 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 ** 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: $149,800 - $171,000 for Agency UW & PM II McLean, VA: $164,800 - $188,100 for Agency UW & PM II Plano, TX: $149,800 - $171,000 for Agency UW & PM II 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).