Underwriter & Portfolio Manager, Commercial Real Estate - Real Estate Fund Finance Group
- Full-Time
100 Summer (21021), United States of America, Boston, Massachusetts
Underwriter & Portfolio Manager, Commercial Real Estate - Real Estate Fund Finance GroupThe 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 and Portfolio Managers balance supporting the Commercial's Bank's growth and ensuring we have a scalable, well-managed business. This role supports the REIF/Real Estate Fund Finance Group within Commercial Real Estate by underwriting and monitoring loans with institutional clients.
Commercial Real Estate Underwriting and Asset Management
This position is expected to demonstrate subject matter expertise in credit risk management and to perform responsibilities independently. In addition to your own job duties, you may play a leadership role across deal teams by guiding and shaping more junior associates. You are trusted with the most complex transactions and solving unique problems because of your experience and job specific skills.
Primary responsibilities may include:
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 fund level financial statement analysis, cash flow analysis and property valuations
Prepare and review financial models independently
Operate in close partnership with the relationship manager in developing client relationships. This may include client meetings, client calls and negotiations. High client facing skills and customer facing acumen.
Have a broad understanding of CRE fundamentals, these would include CRE trends and market metrics.
Coordinate with deal team on appropriate structuring options
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
Prepare term sheets, commitment letters and fee letters with minimal guidance; understand provisions of all credit documents and can provide rationale; negotiate credit docs with guidance
Drive the overall deal process in a highly efficient and timely manner and lead communication with internal and external constituents; constructively improves deal process.
Demonstrate ownership of a portfolio of existing customers; may take on more complex or higher volume of accounts
Complete annual reviews and both material and non-material modifications independently and on time
Monitor and determine upgrades or downgrades to risk ratings
Ensure compliance with credit policies and procedures
Respond to requests from all internal and external stakeholders
Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Escalate and resolve problem accounts in partnership with other teams and specialists
Build relationships across function and business to foster collaboration between partner groups including credit team, closing team and internal and external legal counsel.
Mentor and train other associates 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 or asset management
Strong financial analysis and cash flow modeling skills
Preferred Qualifications:
Bachelor's Degree in Accounting, Finance, or other relevant fields
7+ years of experience in credit underwriting or portfolio or asset management
2+ years of experience with REIF/REIT unsecured financing such as URLOC/Term Loans
Experience with syndicated loans
Previous leadership (informal or formal) experience with deal teams or analysts
Strong knowledge of legal matters pertaining to commercial real estate and real estate investment funds.
Proficient in MS Office or Google Suite
#UWPM
#CommReal
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.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).
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Working at Capital One - US
Dallas, TXIndustry
Finance and Insurance
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