Global Enterprise Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment (CI&I), Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.

Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.

The Underwriting, Portfolio & Loan Management (UWPLM) team is an integral part of Community Finance that is responsible for the risk assessment, evaluation, management, and administration of individual loans and investments and the entire portfolio. The team underwrites new affordable housing transactions, manage and administer the portfolio of debt and equity exposure, and ensure a scalable and well-managed business. The team endeavors to create an environment that supports efficient and impactful risk management.

Our ideal candidate possesses critical thinking skills, demonstrates the willingness and ability to provide effective challenge, strong risk orientation, strong analytical skills, concise verbal and written communication skills, high level of attention to detail, ability to manage internal and external relationship, ability to work independently and as part of a team, problem solving skills, risk management skills, as well as a high level of attention to detail and the ability to work independently and as part of a team. While serving in this role, it is expected that the incumbent will gain experience in all facets of departmental risk management, strategy and operations and proactively identify areas for process improvement. It is also expected that the incumbent will be a culture carrier and show initiative in maintaining a positive and harmonious work environment.

Role Summary:

As a Senior Manager, you will be responsible for leading underwriting activities, either as an individual contributor or as a people leader. You will be responsible for leading a team of associates to underwrite new transactions. This role requires strong leadership, critical thinking, risk management, financial analysis, and relationship management skills to drive business objectives and ensure compliance with policies and procedures.

Primary Responsibilities:

• Lead team of associates to underwrite and manage a portfolio of assets.

• Engage with internal and external stakeholders to complete due diligence, risk assessment/mitigation

• Drive process improvements to enhance operational efficiency and risk management practices.

• Mentor and develop junior associates, providing guidance on underwriting, risk assessment, portfolio management and financial modeling.

• Represent Capital One in industry forums and build strong relationships with market influencers and key stakeholders.

Basic Qualifications:

• Bachelors degree or military experience

• At least 7 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate

Preferred Qualifications:

• Masters degree in Finance, Real Estate, or a related field

• Experience with construction lending, LIHTC investment, syndication, or asset management

• Strong financial modeling and credit analysis skills

• 3 years of people leadership experience

• Proven ability to lead teams and complex problem solving skills

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.

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 candidates offer letter.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.