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Commercial Real Estate Underwriter II

Location: Alpharetta, Georgia; Bethesda, Maryland; New York, New York
Job ID R112292 Updated date 05/11/2021
Georgia 400 Center (41022), United States of America, Alpharetta, Georgia

Commercial Real Estate 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.

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).

Who We Are

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.