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Agency Underwriter and Portfolio Manager I

Agency Underwriter and Portfolio Manager I

Virginia StaffingFalls Church, VA, US
9 hours ago
Job type
  • Full-time
  • Part-time
  • Permanent
Job description

Agency Underwriter And Portfolio Manager

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.

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.

Basic Qualifications :

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

    • Preferred Qualifications :

  • 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
  • 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. McLean, VA : $127,500 - $145,500 for Agency UW & PM I 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.

    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.

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    Portfolio Manager • Falls Church, VA, US