Agency Underwriter and Portfolio Manager I

Capital One • McLean, VA

246d • $127,500 - $145,500

About The Position

Agency Underwriter and Portfolio Manager I at 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. In this role as a Principal Associate, the ideal candidate will be expected to fully understand the procedural aspect of underwriting Agency Loans from application to delivery and can accurately detail this out to stakeholders within the deal team.

Requirements

• Bachelor's Degree or Military Experience
• At least 2 years of experience in credit underwriting, portfolio management, or asset management.

Nice To Haves

• At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae
• At least 3 years of experience in Agency Lending Underwriting

Responsibilities

• Navigates deals through underwriting process with minimal oversight
• Correctly identifies all waivers/risks associated with the transactions and provides mitigated recommendation to discuss with their manager
• Presents ideas for policy and process improvements to their manager
• 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 pre-screens
• Higher level external exposure to borrowers and lender counsel
• Underwrites complex transactions with complicated borrower structures and unique property/market characteristics
• Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
• 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
• Interprets Fannie Mae/Freddie Mac product sheets and underwrites all transaction types, including fixed, floating, supplemental, MHCs, etc.

Benefits

• Comprehensive health benefits
• Financial benefits including performance-based incentive compensation
• Inclusive workplace environment

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree