Skip to main content
R127195 Posted 11/08/2021

Commercial Real Estate, Senior Underwriter - Small Loans

Newport Beach , California | Alpharetta , Georgia | Dallas , Texas | Bethesda , Maryland | Boston , Massachusetts | Chicago , Illinois
  • Category Risk Management
  • Experience Sr. Manager
  • Primary Address Newport Beach, California

Overview

Newport Center (61059), United States of America, Newport Beach, California

Commercial Real Estate, Senior Underwriter - Small Loans

Commercial Real Estate, Senior Underwriter - Small Loans

The incumbent is responsible for serving as a player/coach underwriting leader overseeing an underwriting team for Capital One’s Multifamily platform, specifically for Government Sponsored Entities (i.e. Fannie Mae, Freddie Mac, etc.). This role will be focused on Capital One’s small loan business including small Fannie Mae Conventional and Ch. 9 Small Loans, and Freddie Mac SBL,
which includes presenting transactions for loan application and approval. This role presents an opportunity to partner with Capital One’s Small Loan leadership by facilitating product expansion, team training and development, process improvements, transactional problem-solving and relationship building with agency counterparts.

  • Fully understands the procedural aspect of underwriting Agency Loans from application to delivery and can accurately detail this out to stakeholders within the deal team

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

  • Navigates and takes deal ownership through the underwriting process with an eye toward the customer experience, partnering with originators, relationship managers or other production sources, and agency counterparts while maintaining attention to detail, proposing sound solutions to deal concerns, and employing effective risk management

  • Field questions, review work, and provide deal guidance with Junior Managers and Underwriters through the underwriting process and prior to approval

  • Underwrite transactions while leading and leveraging a team to enhance transactional underwriting efficiency

  • Mentor and train underwriting team

  • Utilize organizational skills to effectively manage portfolio underwriting and contract underwriters

  • Interprets Fannie Mae/Freddie Mac product sheets, underwriting parameters and underwrites all transaction types, including fixed, floating, supplementals, MHC, and credit facilities, etc.

  • Higher level external exposure to brokers, borrowers, lender counsel, and agency counterparts

  • Ability to underwrite complex transactions with simple to complicated borrower structures and unique property or market characteristics

  • Effectively manages and models appropriate written and verbal communication with borrowers at various levels of sophistication, agency counterparts and the deal team.

  • Structure and underwrite small loan products in a manner which achieves the Bank’s profitability goals while staying within the Bank’s risk parameters.

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

  • Develops and foster relationships with agency counterparts

  • Presents ideas for policy and process improvements to their manager

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

  • Partner with Closing and lender counsel in the review and approval of loan documentation to ensure the documents meet agreed-upon business terms and satisfy the specific requirements of the appropriate credit approval authority. 

  • Foster an open dialogue and strong working relationship with Asset Management, Servicing, and Closing, and other groups that support and review the line of business. 

  • Remain current on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance. 


Basic Qualifications:

  • Bachelor's Degree OR Military Experience

  • At least 5 years of experience in Multifamily Agency lending

  • At least 5 years of experience in Fannie Mae Multifamily underwriting 


Preferred Qualifications:

  • At least 7 years of experience in Multifamily Agency Lending

  • At least 7 years of experience in Fannie Mae and Freddie Mac Multifamily underwriting

  • At least 3 years of experience in Small Balance Loan Multifamily underwriting

  • At least 5 years of experience managing a team of three or more

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

#LI-Hybrid

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 517 Jobs

Technology

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

    Explore 603 Jobs

Customer Care

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

    Explore 13 Jobs

Product

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

    Explore 341 Jobs

Data Scientist

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

    Explore 74 Jobs

Cyber

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

    Explore 36 Jobs

Design

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

    Explore 85 Jobs

Branch Ambassador

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

    Explore 196 Jobs

Cafe

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

    Explore 22 Jobs

Audit

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

    Explore 18 Jobs

Finance

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

    Explore 90 Jobs

Commercial Banking

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

    Explore 32 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 185 Jobs

Human Resources

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

    Explore 55 Jobs

Marketing and Communications

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

    Explore 14 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 36 Jobs

Data Analyst

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

    Explore 22 Jobs

Business Analyst

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

    Explore 89 Jobs

Operations

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

    Explore 83 Jobs

Legal

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

    Explore 16 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, Newport Beach, California, United StatesRemove
  • Risk Management, Alpharetta, Georgia, United StatesRemove
  • Risk Management, Dallas, Texas, United StatesRemove
  • Risk Management, Bethesda, Maryland, United StatesRemove
  • Risk Management, Boston, Massachusetts, United StatesRemove
  • Risk Management, Chicago, Illinois, United StatesRemove

*Required Field