Skip to main content
R131260 Posted 01/06/2022

Director of Assumptions - Multifamily Agency, Commercial Real Estate

Boston , Massachusetts | Alpharetta , Georgia | Roswell , Georgia | New York , New York | Dallas , Texas | Bethesda , Maryland
  • Category Risk Management
  • Experience Director
  • Primary Address Boston, Massachusetts


100 Summer (21021), United States of America, Boston, Massachusetts

Director of Assumptions - Multifamily Agency, Commercial Real Estate

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 Agency 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.

The incumbent is responsible for overseeing the Fannie Mae and Freddie Mac Assumption process for Capital One’s Multifamily platform. This role will be responsible for to ensuring all investor guidelines are met. The candidate may be responsible for credit approval of the majority of transactions so previous credit authority would be preferred. The incumbent will also perform other duties as necessary to support the goals and objectives of the Multifamily platform and work directly with originators, the Chief Underwriter and Credit oversight to structure transactions for loan application and approval.


  • Fully understands the procedural aspect of Fannie Mae and Freddie Mac Assumptions from application to delivery and can accurately detail this out to stakeholders within the deal team

  • Navigates deals through the Assumption process with the Agencies as well as the Master Servicers

  • Correctly identifies all waivers and risks associated with the transactions and provides mitigated recommendation

  • Presents ideas for policy and process improvements to their manager

  • Higher level external exposure to borrowers, agencies and lender counsel   

  • Underwrite complicated borrower structures and unique property/market characteristics

  • Review underwriter loan approval presentations for Loan Committee approval and/or submit recommendations and/or approve.

  • Understand and employ all policies and procedures of the Bank and the Line of Business.

  • Foster an open dialogue and strong working relationships with Agency partners and other internal groups that support and review the line of business.

  • Remain up to date on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance.

  • Partner with Asset Management to proactively manage the Assumptions to identify and address problems to produce timely loan modifications and risk rating changes, as appropriate

  • Mentor and train underwriters and analysts

This role may be based in Boston, NY, Atlanta, Bethesda or Dallas.

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

Basic Qualifications

  • Bachelor's Degree or Military Experience

  • At least 5 years of experience in Multifamily Agency lending 

Preferred Qualifications

  • At least 7 years of experience in Multifamily Agency Lending

  • At least 5 years of experience Multifamily Underwriting and or Asset Management

  • Experience managing team (3+ Associates)

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 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

    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).

    Hiring Process
    Career Journey

    How We Hire

    We take finding great coworkers pretty seriously.

    Man On Laptop
    • Step 1 Apply

      It only takes a few minutes to complete our application and assessment.

    • Step 2 Screen and Schedule

      If your application is a good match you’ll hear from one of our recruiters to set up a screening interview.

    • Step 3 Interview(s)

      Now’s your chance to learn about the job, show us who you are, share why you would be a great addition to the team and determine if Capital One is the place for you.

    • Step 4 Decision

      The team will discuss — if it’s a good fit for us and you, we’ll make it official!

    Employees Working

    How to Pick the Perfect Career Opportunity

    Overwhelmed by a tough career choice? Read these tips from Devon Rollins, Senior Director of Cyber Intelligence, to help you accept the right offer with confidence.

    Your wellbeing is our priority

    Our benefits and total compensation package is designed for the whole person. Caring for both you and your family.

    • Healthy Body, Healthy Mind

      You have options and we have the tools to help you decide which health plans best fit your needs.

    • Save Money, Make Money

      Secure your present, plan for your future and reduce expenses along the way.

    • Time, Family and Advice

      Options for your time, opportunities for your family, and advice along the way. It’s time to BeWell.

    Career Journey

    Here’s how the team fits together. We’re big on growth and knowing who and how coworkers can best support you.

    Career Journey
    Women on Cellphone

    Want more jobs like this?

    Set a Job Alert

    Explore Your Options


    • Build the next generation of digital tools for our customers—we’re always innovating solutions.

      Explore 473 Jobs


    • Leverage technology in new and powerful ways to pioneer change, all in the pursuit of changing banking for good.

      Explore 562 Jobs

    Customer Care

    • When our customers have questions about our products and services, they’ll turn to you.

      Explore 9 Jobs


    • Design and create future-forward products on a team of innovators helping to change banking for good.

      Explore 351 Jobs

    Data Scientist

    • Write code and crunch numbers, all in pursuit of developing models that solve problems—and make us a better bank.

      Explore 68 Jobs


    • Use your tech skills to stop cyber threats and help make banking safe and secure for our customers.

      Explore 41 Jobs


    • Help us tell our story by creating memorable digital experiences for our customers through your creativity and ingenuity.

      Explore 103 Jobs

    Branch Ambassador

    • Take your place on the front lines, representing our brand, problem solving and building relationships with the customers

      Explore 182 Jobs


    • Your outgoing personality and tech-savvy know-how can make all the difference for the customers that visit our cafés.

      Explore 24 Jobs


    • Use cutting-edge software, audit methodologies, and data science to help us make great business decisions.

      Explore 22 Jobs


    • Use your bold perspective and specialized skills to drive projects and implement financial strategies—challenging the way banking is done.

      Explore 85 Jobs

    Commercial Banking

    • Deliver expert advice, superior products and best-in-class service to our commercial partners.

      Explore 38 Jobs

    Business Banking

    • Your entrepreneurial mindset and expertise leads to one-of-a-kind service for every small business owner you assist.

      Explore 25 Jobs

    Risk Management

    • Use your expertise and perspective to bring insights to the table so we can grow in the right ways.

      Explore 189 Jobs

    Human Resources

    • Be on the frontlines of attracting, engaging and retaining top talent that’s helping us change banking for good.

      Explore 57 Jobs

    Marketing and Communications

    • Help us tell our story, connect with customers and introduce our products and to the world.

      Explore 11 Jobs


    • Help us communicate how we’re changing banking for good, and ensure our brand is one of the most recognized in the industry.

      Explore 41 Jobs

    Data Analyst

    • Analyze, develop and test the strategies that pull insights from our data and move us forward.

      Explore 24 Jobs

    Business Analyst

    • Use your strategic and analytical skills to help solve major challenges and make both our business and banking, better.

      Explore 84 Jobs


    • Offer simple answers to complex questions, while helping both our team and customers thrive.

      Explore 95 Jobs


    • Move our innovations closer to reality by mitigating legal risk with your expertise and ability to advise on strategic business decisions.

      Explore 14 Jobs

    Job Alerts

    Don’t miss a thing. Stay in the know about opportunities you may be interested in!

    Interested InSelect a job category from the list of options. Select a location from the list of options. Finally, click “Add” to create your job alert.

    • Risk Management, Boston, Massachusetts, United StatesRemove
    • Risk Management, Alpharetta, Georgia, United StatesRemove
    • Risk Management, Roswell, Georgia, United StatesRemove
    • Risk Management, New York, New York, United StatesRemove
    • Risk Management, Dallas, Texas, United StatesRemove
    • Risk Management, Bethesda, Maryland, United StatesRemove

    *Required Field