Commercial Real Estate - Senior Underwriter

Capital One
Bethesda, Maryland
May 09, 2021
Jun 07, 2021
Full Time
Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

Commercial Real Estate - Senior Underwriter

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. Supported by over 200 associates, we generated close to $10 billion in new loans for 2019.

Responsibilities :
  • Lead due diligence process and calls; evaluate industry research to draw relevant conclusions on material strengths, risks, and mitigants
  • Assist less experienced team members in financial statement analysis and cash flow analysis
  • Prepare and review financial models independently
  • Coordinate with deal team on appropriate structuring options or overrides to financial models
  • Write and prepare all parts of the credit approval document; may review work of less experienced members of the team; begin to take a leadership role in conversations with internal partners
  • Oversee closing process requirements; review closing memo
  • Prepare term sheets, commitment letters and fee letters with minimal guidance; understand majority of provisions of all credit documents and can provide rationale; begin to negotiate credit docs with guidance
  • Drive overall deal process and lead communication with internal and external constituents; constructively improve deal process
  • Delegate spreading and risk ratings to analysts or contractor teams
  • Prepare and/or review pricing models independently; understand drivers for pricing model outputs and consider areas for increasing returns

Primary portfolio or asset management responsibilities may include :
  • Manage a portfolio of accounts independently; review and monitor portfolio accounts' health and performance against expectations; drive customer retention
  • Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
  • Complete annual reviews and both material and non-material modifications independently and on time
  • Facilitate and leads quarterly portfolio reviews
  • Ensure compliance with credit policies and procedures for existing accounts
  • Respond to requests from all internal and external stakeholders
  • Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities

Additional Responsibilities may include:
  • Build relationships across function and business to foster collaboration between partner groups
  • Interact directly with customers to cultivate strong relationships while balancing risk and return
  • Mentor and train rotational analysts and new hires
  • Participate in internal initiatives to ensure the business is well-managed and operates efficiently

Basic Qualifications:
  • Bachelor's Degree or Military Experience
  • At least 5 years of experience in credit underwriting, portfolio or asset management

Preferred Qualifications:
  • At least 7+ years of experience in credit underwriting, portfolio or asset management
  • Previous leadership (informal or formal) experience with deal teams or analysts

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

Similar jobs