Agency Asset Manager - Inspections

Agency Asset Manager I - Inspections

The Principal Associate plays a key role responsible for conducting comprehensive physical inspections of multifamily assets supporting Underwriting and Asset Management. This position will be a member of the Agency Finance Asset Management team, primarily focused on Fannie Mae and Freddie Mac collateral inspections.

• Property Condition Assessments (PCAs):
  Perform comprehensive physical inspections of apartment buildings, including building systems (HVAC, plumbing, electrical), structural integrity, roofs, and exterior grounds.
• Agency Compliance & Standards:
  Ensure all inspections meet specific agency guidelines.
• Documentation & Reporting:
  Produce detailed, photographic reports outlining the current condition, necessary repairs, and estimated costs (Immediate Repairs and Replacement Reserves).
• Safety and Compliance:
  Identify deferred maintenance, safety hazards (such as mold, water damage, or electrical issues), and compliance with local building codes.
• Unit Inspections:
  Access a representative sampling of apartment units to verify conditions and compliance with property standards, typically coordinating access with property management.
• Ability to conduct walkthroughs of large properties, including climbing ladders to inspect roofs and walking around extensive grounds.
• Frequent travel to different locations.
• Prepare loan and portfolio level status reports as requested.
• Comply with all Investor monitoring and reporting requirements.

• Bachelor’s Degree or military experience.
• At least 2 years of experience in commercial real estate, property management.
• At least 2 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience.

• Bachelor's Degree in Business, Finance, or Economics.
• At least 4 years of experience in commercial real estate, property management.
• At least 3 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience.
• At least 3 years of experience with loan asset management.
• At least 3 years of experience conducting site inspections with a firm understanding of MBA Guidelines.
• Knowledge of Fannie Mae and Freddie Mac inspection requirements.
• Knowledge of Property Condition Assessments (PCAs).
• Ability to use cameras and software for data collection and report submission.
• Strong written and oral communication skills.
• High level of proficiency in Microsoft Office or Google Suite (Excel, Word, PowerPoint).
• Qualified GSE Inspector.

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

• Charlotte, NC: $119,400 - $136,200
• Houston, TX: $119,400 - $136,200
• McLean, VA: $131,300 - $149,800
• Plano, TX: $119,400 - $136,200

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

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 qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries.