Specialty Underwriter & Portfolio Manager- Sr. Manager

Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

Specialty Underwriter & Portfolio Manager- Sr. Manager

The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial's Bank's growth and ensuring we have a scalable, well-managed business. This role supports the Financial Institutions Group (FIG).FIG is an industry specialized group that supports asset managers and originators of commercial and consumer loans. The group has over $14 billion in commitments collateralized by middle market leveraged loans, factored receivables, ABL, SBA loans, commercial equipment leases, subprime auto loans, consumer installment loans, timeshares, residential mortgages, tax liens, security alarm contracts, and capital call commitments.

Capital One's Financial Institutions Group has a need for an Assistant Vice President level Underwriter to join its Commercial Lender Finance team. The incumbent will provide underwriting and credit management support to cross-functional deal teams in underwriting commercial lender finance transactions, primarily related to Subscription Lines of Credit. This includes, but is not limited to, transaction due diligence, collateral analysis, structuring, legal documentation review, approval, and closing. The individual will primarily underwrite new transactions, assist in recasting and upsizing of existing transactions, and consult with team members to manage and monitor portfolio accounts. As an AVP, you will be expected to lead small deal teams in the execution of Subscription Line transactions, managing the credit risk of each deal and supporting junior team members in contributing to the approval materials and overall underwriting process.

Primary underwriting responsibilities may include :

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  Participate in due diligence process and calls; evaluate industry research to draw relevant conclusions on material strengths, risks, and mitigates
  
  
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  Prepare all materials related to the assessment and approval of a new transaction:
  
  

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  Underwriting analysis
  
  
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    Collateral analysis
    
    
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    Balance sheet, Income Statement, and Cash Flow analysis
    
    
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    Coordinate with deal team on appropriate structuring options
    
    
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    Identification and mitigation of transaction risks
    
    
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    Determine the proper risk rating for all facilities in accordance with policy guidelines
    
    
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    Write and prepare all parts of the credit approval document
    
    

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  Research industries and market conditions in connection with financial/credit analysis
  
  
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  Oversee closing process requirements;
  
  
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  Engage with counsel to help prepare term sheets, commitment letters and fee letters; begin to understand a majority of provisions of credit documents and rationale; begin to comment on credit documents
  
  
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  Assisting in overall deal process and participate in communication with internal and external constituents
  
  
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  Prepare and/or review pricing models independently; understand drivers for pricing model outputs and consider how to balance the risk characteristics of a deal with returns
  
  
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  Assist in KYC/AML review and approval processes
  
  
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  Understand and employ all policies and procedures of the Bank. Remain up-to-date on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance
  
  

Basic Qualifications:

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  Bachelor's Degree or Military Experience
  
  
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  At least 5 years of experience in credit underwriting
  
  
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  At least 2 years of experience in portfolio management
  
  

Preferred Qualifications:

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  Bachelor's Degree in Accounting or Finance
  
  
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  At least 7 years of experience in credit underwriting related to Fund Finance
  
  

#UWPM

#FIG

At this time, Capital One will not sponsor a new applicant for employment authorization for this position

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. 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.

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