Agency Asset Manager I - Inspections

Capital One • McLean, VA

4d • $119,400 - $149,800

About The Position

Agency Asset Manager I - Inspections The Principal Associate plays a key role responsible for conducting comprehensive physical inspections of multifamily assets supporting Underwriting and Asset Management. This position will be a member of the Agency Finance Asset Management team, primarily focused on Fannie Mae and Freddie Mac collateral inspections.

Requirements

• Bachelor’s Degree or military experience
• At least 2 years of experience in commercial real estate, property management
• At least 2 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience

Nice To Haves

• Bachelor's Degree in Business, Finance, or Economics
• At least 4 years of experience in commercial real estate, property management
• At least 3 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
• At least 3 years of experience with loan asset management
• At least 3 years of experience conducting site inspections with a firm understanding of MBA Guidelines
• Knowledge of Fannie Mae and Freddie Mac inspection requirements
• Knowledge of Property Condition Assessments (PCAs)
• Ability to use cameras and software for data collection and report submission.
• Strong written and oral communication skills
• High level of proficiency in Microsoft Office or Google Suite (Excel, Word, PowerPoint)
• Qualified GSE Inspector

Responsibilities

• Property Condition Assessments (PCAs): Perform comprehensive physical inspections of apartment buildings, including building systems (HVAC, plumbing, electrical), structural integrity, roofs, and exterior grounds.
• Agency Compliance & Standards: Ensure all inspections meet specific agency guidelines.
• Documentation & Reporting: Produce detailed, photographic reports outlining the current condition, necessary repairs, and estimated costs (Immediate Repairs and Replacement Reserves).
• Safety and Compliance: Identify deferred maintenance, safety hazards (like mold, water damage, or electrical issues), and compliance with local building codes.
• Unit Inspections: Access a representative sampling of apartment units to verify conditions and compliance with property standards, typically coordinating access with property management.
• Ability to conduct walkthroughs of large properties, including climbing ladders to inspect roofs and walking around extensive grounds.
• Frequent travel to different locations
• As requested, prepare loan and portfolio level status reports
• Comply with all Investor monitoring and reporting requirements

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees