Senior Director Community Finance - Underwriting & Portfolio Management

Senior Director Community Finance – Underwriting & Portfolio Management

Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people.

Global Enterprise Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. The Community Finance team builds inclusive, resident‑centered communities that catalyze opportunity and promote well‑being by originating debt and investing in low‑income housing tax credit through proprietary and multi‑investor fund structures.

The Underwriting, Portfolio & Loan Management (UWPLM) team is responsible for the risk assessment, evaluation, management, and administration of individual loans and investments and the entire portfolio. The team underwrites new affordable housing transactions, manages and administers the portfolio of debt and equity exposure, and ensures a scalable and well‑managed business.

Candidate Profile:
The ideal candidate possesses critical thinking skills, a strong risk orientation, analytical skills, concise communication, high attention to detail, and the ability to work independently and as part of a team. They will gain experience in all facets of departmental risk management, strategy and operations, and proactively identify areas for process improvement. The incumbent will also act as a culture carrier, maintain a positive work environment, and demonstrate strong people leadership.

• Provide strategic direction and oversight for underwriting and portfolio management.
• Lead the analysis, assessment, and mitigation of risk at the portfolio, fund, and individual facility level for both debt and equity transactions.
• Lead credit and investment approvals, ensuring alignment with Capital One’s risk appetite and regulatory requirements.
• Oversee pipeline evaluation analytics to enable efficient closing, initial funding, and post‑closing servicing in collaboration with Originations and Loan/Equity Administration leaders.
• Manage and conduct periodic portfolio and industry reviews to forecast and identify emerging themes, risks, and issues across Underwriting, Portfolio Management, Booking, and Servicing.
• Develop and maintain relationships with syndicators, developers, investors, and government agencies.
• Drive innovation and process improvements in underwriting, risk management, and portfolio management.

• Hire, lead, and mentor a high‑performing team, fostering a culture of professional development, innovation, and operational efficiency.
• Partner with horizontal leadership to educate and develop associates on evolving market trends.
• Serve as a thought leader and brand ambassador for Capital One Community Finance at external panels, conferences, and industry convenings.

• Bachelor’s degree or military experience.
• At least 12 years of experience in underwriting, asset management, portfolio management or any combination of the three in affordable housing or commercial real estate.

• Master’s degree in Finance, Real Estate, or a related field.
• Extensive experience in construction lending, LIHTC investment, syndication, or asset management.
• 7+ years of people leadership experience.
• Proven ability to lead teams and complex problem‑solving skills.

Compensation:
The minimum and maximum full‑time annual salaries for this role are as follows:

Charlotte, NC: $245,100 – $279,800
Chicago, IL: $245,100 – $279,800
McLean, VA: $269,600 – $307,700
New York, NY: $294,100 – $335,700

This role is also eligible to earn performance‑based incentive compensation, which may include cash bonuses and/or long‑term incentives.

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.

Capital One is an equal opportunity employer (EOE, including disability/veteran) committed to non‑discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug‑free workplace and will consider qualified applicants with a criminal history in a manner consistent with applicable laws.