Analyst, Underwriting and Portfolio Management - Principal Associate

Capital One
Chicago, Illinois
Sep 15, 2022
Oct 09, 2022
Full Time
77 West Wacker Dr (35012), United States of America, Chicago, Illinois

Analyst, Underwriting and Portfolio Management - Principal Associate

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 andPortfolio 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 Analyst level Underwriter to join its Commercial Lender Finance. 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 Analyst, you begin to demonstrate subject matter proficiency in credit risk management and are expected to perform responsibilities with support and guidance from senior deal team members.

Primary underwriting responsibilities may include :
  • Participate in due diligence process and calls; evaluate industry research to draw relevant conclusions on material strengths, risks, and mitigants
  • Under the guidance of more senior deal team members, prepare all materials related to the assessment and approval of a new transaction:
  • Underwriting analysis
    • Collateral analysis
    • Balance sheet, Income Statement, and Cash Flow analysis
    • Coordinate with deal team on appropriate structuring options
    • Identification and mitigation of transaction risks
    • Determine the proper risk rating for all facilities in accordance with policy guidelines
    • Write and prepare all parts of the credit approval document
  • Research industries and market conditions in connection with financial/credit analysis
  • Oversee closing process requirements
  • 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
  • Assisting in overall deal process and participate in communication with internal and external constituents
  • 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
  • Assist in KYC/AML review and approval processes
  • 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:
  • Bachelor's Degree or Military Experience
  • At least 2 years of experience in credit underwriting or at least 2 years of experience in portfolio management
  • Proficiency with Microsoft Office Suite

Preferred Qualifications:
  • Bachelor's Degree in Accounting or Finance
  • Completion of formal commercial credit training program
  • 3+ years of experience in credit underwriting or at least 3 years of experience in portfolio management
  • Advanced Excel skills
  • Strong interpersonal skills and the ability to communicate in a concise and clear manner with clients and internally, both orally and in writing



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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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).