Plano 2 (31062), United States of America, Plano, Texas

Small Business Underwriter II - Small Business Banking Credit Review & Underwriting

***Candidates must live within 100 miles driving distance of one of the HUB locations based in Plano, TX, McLean, VA, Richmond, VA, Melville, NY, or New York, NY to be considered.***

Summary:
We're looking for driven individuals that combine great credit discipline with balanced decision making and customer focus to join our Small Business Lending team as a Small Business Underwriter.
The Small Business Banking Underwriter II role underwrites and approves small business loan requests with Maximum Potential Exposure of up to $5 Million (new loan requests or renewals), and maintains up to $500,000 individual commercial loan authority for secured and unsecured loans.
As an experienced member of a high performing team, Underwriter II individuals are expected to serve as subject matter experts, help pursue the Small Business Banking Lending agenda with special projects, and help coach other individuals in the team (e.g. Underwriter I and Credit Analyst roles).
We need underwriters that not only bring solid commercial underwriting experience to continue to push the underwriting team's capabilities and high rigor in credit risk management; but also are innovative and adaptive to the needs of this dynamic space.

Responsibilities:
· Underwrites, performs renewals or reviews of loans up to $5MM.
· Underwrites and approves, conditions, or declines new loan requests, renewals and annual reviews up to the limit of his/her commercial loan authority in accordance with Capital One Bank loan policy and portfolio performance objectives. Maintains up to $500,000 in commercial loan authority for secured and unsecured loans.
· Underwrites and then recommends approval on loan requests that are in excess of his/her commercial loan authority. These requests are submitted to either an Underwriting Manager or Credit Officer for final approval.
· Provides outstanding service to business bankers and branch managers. Works with Small Business Bankers in structuring loan requests in a manner which will best mitigate lending risks while meeting borrower needs.
· Delivers a great overall customer experience working closely with the Business Loan Advocates that are accountable of the end to end loan process from application to funding.
· Recommends commercial loan risks rating grades as part of the loan underwriting process, annual reviews, other interim reviews.
· Ensures appropriate application of all bank and line of business policies and procedures; supporting and driving adherence to regulatory compliance requirements.
· Is proactive about identifying and delivering improvements in our Small Business policy, underwriting, and/or risk management, and performs special project work as appropriate.
· Contributes to department training. Helps coach other individuals in the team (e.g. Underwriter I and Credit Analyst roles).

Work at Home Technology Requirements:

· A secure home office environment that is free from background noise and distractions

· A reliable private internet connection that is not supplied by use cellular data (hot spot)

· Cable or fiber connections are preferred

· Internet service download speeds must be at least 5 mbps, with 10+ mbps preferred - check your download speed using a speed test. A sample one can be found here. To test your home internet from your personal computer at home, type www.speedtest.net into the web browser of your personal computer.

· Sustained ability to maintain latency less than 250 ms in voice calls is required

· Hard wired connectivity is preferred, any use of wireless connectivity must be Private (non-public) and password protected through WPA2-PSK (AES) encryption. If you have any questions about your encryption, please consult with your internet provider

· A private network is password protected where you have ownership or line of site to every device on the network

· Capital One reserves the right to request proof of internet provider, speed and service package from the associate

· Requirements are subject to change, as new systems and technology is delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice.

Work at Home Living Requirements:

· Candidates must live within approximately 100 miles driving distance of Manhattan, NY(10171), Melville, NY (11747), Plano, TX (75024), Richmond, VA(23238), or McLean,VA (22102), and be comfortable coming in person whenever required with no less than 24 hours notice.

· If you are unable to attain the required Capital One Work at Home compatible internet access or you live beyond 125 miles of the specified hub site, Capital One reserves the right to rescind this offer.

Basic Qualifications:

· At least 5 years of experience in credit administration, loan underwriting, commercial lending or a combination

Preferred Qualifications:

· Bachelor's Degree

· Completion of a formal credit training or credit 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.

Location is New York City

- $142,979 and $168,683 for Small Business Underwriter II

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.

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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

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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).