Commercial Real Estate- Multifamily Agency Underwriter II

Employer
Capital One
Location
Bethesda, Maryland
Posted
Nov 20, 2021
Closes
Dec 19, 2021
Ref
R128242
Function
Finance
Hours
Full Time
Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

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

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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).