Commercial Real Estate- Multifamily Agency Underwriter II
- Employer
- Capital One
- Location
- Bethesda, Maryland
- Closing date
- Dec 19, 2021
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Commercial Real Estate- Multifamily Agency Underwriter II
Commercial Real Estate, Multifamily Agency Underwriter II
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.
Primary Duties and Responsibilities:
- Lead the underwriting process, managing deal timelines, developing credit recommendations, and ensuring agency/bank compliance.
- Work directly with production teams to develop loan structures that will meet client's financial objectives.
- Develop and maintain strong relationships with production and closing departments as well as external agency investors.
- Write and prepare loan proposals and underwriting/due diligence packages.
- Model multifamily cash flows, analyze property valuations and review third party reports.
- Review financial statements analytics and cash flow models.
- Conduct detailed economic and market research to determine feasibility of transactions.
- Prepare analytics for new loan proposals and/or development of new reports.
- Assist team members in performing market surveys and standard due diligence.
- Review third party reports from vendors such as appraisers, surveyors, and engineers and ensure compliance with all prescribed requirements.
- Review governing agreements and program requirements to ensure compliance.
- Capital One is open to hiring a Remote Employee for this opportunity
Basic Qualifications:
- Bachelor's Degree or Military Experience
- At least three years of experience underwriting Multifamily or at least three years of experience underwriting Commercial Real Estate deals
Preferred Qualifications:
- At least four years of experience underwriting Multifamily or at least four years of experience in Commercial Real Estate deals
- At least four years of experience as an underwriter in Agency lending
- At least one year of experience with credit standards and Agency compliance
- Experience with Google Suite or Microsoft Office
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
#LI-Hybrid
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
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
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).
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
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, sexual orientation, gender identity, protected veteran status, disability or other protected status.
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert