Agency Underwriter and Portfolio Manager

Agency Underwriter and Portfolio Manager I

Join to apply for the Agency Underwriter and Portfolio Manager I role at Capital One

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.

In this role as a Principal Associate, the ideal candidate will be expected to fully understand the procedural aspect of underwriting Agency Loans from application to delivery and can accurately detail this out to stakeholders within the deal team.

• Navigates deals through underwriting process with minimal oversight
• Correctly identifies all waivers and risks associated with the transactions and provides mitigated recommendations to discuss with their manager
• Presents ideas for policy and process improvements to their manager
• Shows ability to oversee, train and increase own efficiency through the use of Analysts and Senior Analysts
• Reviews work of analyst and senior analysts assisting on deals and pre-screens
• Provides higher level external exposure to borrowers and lender counsel
• Underwrites complex transactions with complicated borrower structures and unique property/market characteristics
• Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
• Works on special projects as deemed appropriate by their manager
• Participates in structuring deals with manager and production to broaden product knowledge
• Develops and fosters relationships with agency counterparts
• Interprets Fannie Mae/Freddie Mac product sheets and underwrites all transaction types, including fixed, floating, supplemental, MHCs, etc.

• Bachelor's Degree or Military Experience
• At least 2 years of experience in credit underwriting, portfolio management, or asset management.

• At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae
• At least 3 years of experience in Agency Lending Underwriting
• 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.

McLean, VA: $127,500 - $145,500 for Agency UW & PM I

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

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non‑discrimination in compliance with applicable federal, state, and local laws. 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 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 Recruitin All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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