Multifamily Agency Originations Analyst I
The Senior Associate in this role will be responsible supporting the Newport Beach originations team in the execution of their $1B+ annual originations volume. The associate will be responsible for initial underwriting of prospective deals, providing feedback to clients and assisting in the full underwriting and closing process alongside their team members.
Responsibilities:
Work in a fast paced environment to provide timely feedback to clients & internal stakeholders
Knowledge of Agency loan programs and relevant agency underwriting experience
Executing brokered transactions to capital sources outside of Capital One including debt funds, life insurance companies, CMBS firms and local and regional banks
Input historical operating statements and rent rolls into Loan Calc Models
Size and structure loans based on Freddie Mac and Fannie Mae programs (as well as balance sheet, FHA, CMBS and Life Co. programs occasionally)
Generate loan screening memos for Credit approval prior to submission to Freddie and Fannie for quotes. This analysis will require the following: 1) basic borrower analysis (org structure and financial analysis); 2) description of loan request and exceptions/waivers; 3) market analysis 4) property description; 5) NOI discussion
Reviewing Primary due due diligence for conventional multifamily finance executions.
Drafting loan application letters and assisting with generation and collection of required due diligence information; will work closely with Underwriting on the due diligence items as well as coordinating third party report quotes, inspections, etc.
Completing market and borrower research to assist the production marketing plans
Responsible for interaction with borrowers to collect due diligence, and advance deals.
Attend borrower meetings and conferences
Overall, support and help grow the business of the Newport Beach Origination teams
Maintain tracking system for refinance opportunities
Oversee borrower analysis (org structure and financial analysis, description of loan request and exceptions and waivers, market analysis, property description and NOI discussions)
Review quotes provided by Fannie and Freddie
Work closely with Underwriting, Closing and the Origination team to solve problems and ensure a smooth transaction for each client
Basic Qualifications:
Preferred Qualifications:
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Newport Beach, CA: $50,000 - $125,000 for Originations Analyst I
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
