Skip to main content
R151686 Posted 08/02/2022

CDFI Lending Principal Associate

New York, New York | Plano, Texas | Richmond, Virginia | McLean, Virginia
  • Category Finance
  • Experience Principal Associate
  • Primary Address New York, New York

Overview

NYC 299 Park Avenue (22957), United States of America, New York, New York

CDFI Lending Principal Associate

The CDFI Lending Principal Associate will play a key role in Capital One’s Community Development Financial Institution (CDFI) program.  As a Lending Associate, you will support the full spectrum of activities associated with a well-managed, high impact program. Specifically, you will apply your analytical, process management, and research skills to identify, research, onboard, and manage lending relationships with leading CDFIs across Capital One’s footprint. The Lending Associate will identify and execute on opportunities to advance the objectives stated in Capital One’s Socioeconomic Mobility mission, including considerations to promote racial equity. 

Specific responsibilities will include:

  • Research and evaluate loan packages (renewals and new originations) for underwriting and approval, and present facilities to underwriters 

  • Work with internal partners to track loans from submission to closing and funding

  • Analyze data on uses of loan proceeds and document community impact of investments, and help craft stories that illustrate socioeconomic mobility outcomes

  • Conduct ongoing research and track trends and needs in the CDFI industry, programs at peer institutions and recommendations community advocates to inform strategy and program design, including:

    • Supporting business development by leveraging internal and external sources to inform recommendations for new originations

Candidate Qualities:

  • Loan packaging experience, especially CDFIs or nonprofit borrowers 

  • Exceptional attention to detail and a proven track record of problem solving 

  • Knowledge of community development (e.g. affordable housing, small business development) lending, the Community Reinvestment Act, and Corporate Social Responsibility 

  • Ability to prioritize work appropriately even when operating on tight deadlines

  • Works well with a diverse set of stakeholders with good critical thinking, organization and planning skills

  • Ability to manage and complete multiple projects and programs concurrently

Basic Qualifications:

  • Bachelor’s Degree or military experience

  • At least two years of underwriting, community development, nonprofit, or government agency experience in community development or capital programs

  • At least two years of experience working with spreadsheets and creating presentations using G Suite or similar tools

  • At least two years of project or process management experience


Preferred Qualifications

  • Excellent interpersonal, communication and teamwork skills

  • Knowledge of and experience with CDFIs 

  • Knowledge of affordable housing development and/or small business lending

  • Available sample of candidate’s analytic and writing skills

  • Demonstrated ability to work independently and within the context of a team

  • Demonstrated ability to motivate others to achieve client and deal team goals.

  • Demonstrated ability to identify obstacles and quickly create solutions



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).

Hiring Process
Stories
Benefits
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

Engineering

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

    Explore 770 Jobs

Technology

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

    Explore 866 Jobs

Customer Care

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

    Explore 10 Jobs

Product

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

    Explore 281 Jobs

Data Scientist

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

    Explore 93 Jobs

Cyber

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

    Explore 18 Jobs

Design

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

    Explore 95 Jobs

Branch Ambassador

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

    Explore 184 Jobs

Cafe

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

    Explore 34 Jobs

Audit

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

    Explore 12 Jobs

Finance

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

    Explore 72 Jobs

Commercial Banking

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

    Explore 74 Jobs

Business Banking

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

    Explore 24 Jobs

Risk Management

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

    Explore 128 Jobs

Human Resources

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

    Explore 33 Jobs

Marketing and Communications

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

    Explore 16 Jobs

Brand

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

    Explore 31 Jobs

Data Analyst

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

    Explore 48 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

Operations

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

    Explore 67 Jobs

Legal

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

    Explore 12 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.

  • Finance, New York, New York, United StatesRemove
  • Finance, Plano, Texas, United StatesRemove
  • Finance, Richmond, Virginia, United StatesRemove
  • Finance, McLean, Virginia, United StatesRemove

*Required Field