Commercial Real Estate- Senior Underwriter

Newport Center (61059), United States of America, Newport Beach, California

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking.

We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results.

We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams.

Together, we are on a quest to change banking for good.

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 :

Fully understands the procedural aspect of underwriting Conventional Agency loans from application to delivery and can accurately detail this out to stakeholders within the deal team

Navigates deals through underwriting process with minimal oversight

Correctly identifies all waivers risks associated with the transactions and provides mitigated recommendation to discuss with their manager

Presents ideas for policy and process improvements to their manager

Shows ability to oversee, train and increase their own efficiency through the use of Analysts Senior Analysts

Review work of analyst / senior analysts assisting on deals and prescreens

Higher level external exposure to borrowers and lender counsel

Underwrites complex Seniors Housing transactions with complicated borrower structures and unique property / market characteristics

Presents fully completed and analyzed narratives with supporting risk mitigation to their manager

Works on special projects as deemed appropriate by their manager

Participates in structuring deals with manager and production to broaden product knowledge

Develops and foster relationships with agency counterparts

Interprets Fannie Mae / Freddie Mac product sheets and underwrite all transaction types, including fixed, floating, supplementals with a specialized focus in Seniors Housing

Capital One is open to hiring a Remote Employee for this opportunity

Basic Qualifications :

Bachelor's Degree or Military Experience

At last three years of Agency underwriting experience

Preferred Qualifications :

At least five years of experience as an Analyst in Agency Lending

Experience with Google Suite or Microsoft Office

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