Sr. Manager, Community Finance-Underwriting, Portfolio & Loan Management
Company: Capital One
Location: New York
Posted on: March 14, 2025
Job Description:
Sr. Manager, Community Finance-Underwriting, Portfolio & Loan
Management at Capital One summary:
As a Senior Manager in Community Finance at Capital One, I lead the
Underwriting, Portfolio & Loan Management (UWPLM) team, focusing on
evaluating and managing community lending and investments. My role
involves strategic oversight, fostering a collaborative team
environment, and driving innovation in risk management to support
affordable housing initiatives. With strong analytical and
leadership skills, I mentor team members while ensuring compliance
and operational excellence in financial product delivery.
Sr. Manager, Community Finance-Underwriting, Portfolio & Loan
ManagementCapital One, a Fortune 500 company and one of the nations
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. We nurture a work environment where
people with a variety of thoughts, ideas and backgrounds, guided by
our shared values, come together to make Capital One a great
company - and a great place to work.External 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. Our teams include
Communications, Community Impact and Investment, Community Finance,
CRA Strategy and Program Management, the Government and Political
Affairs Group, Regulatory Relations, and Strategy and Engagement. -
Through our teams, we have unparalleled access to a diverse group
of motivated changemakers similarly focused on the ingredients for
a more perfect future.The Underwriting, Portfolio & Loan Management
(UWPLM) team is an integral part of Community Finance that is
responsible for evaluating, managing and administering community
lending and investments, primarily through proprietary and
multi-investor Low Income Housing Tax Credits (LIHTC) funds. The
team partners with internal and external stakeholders to underwrite
new affordable housing transactions, manage and administer the
portfolio of debt and equity exposure, and ensure a scalable and
well-managed business. The team endeavors to create an environment
that supports efficient and impactful risk management in support of
our mission to build inclusive, thriving resident-centered
communities that catalyze opportunity and promote well-being.Our
ideal candidate possesses strategic thinking, strong presentation,
influencing, analytical, verbal and written communication,
relationship and risk management skills, as well as a high level of
attention to detail and the ability to work independently and as
part of a team. While serving in this role, it is expected that the
incumbent will gain experience in all facets of departmental
strategy and operations and proactively identify areas for process
improvement. It is also expected that the incumbent will be a
culture carrier and show initiative in maintaining a positive and
harmonious work environment. As leaders, Senior Managers inspire,
empower and promote belonging through the leadership, coaching, and
mentoring of their colleagues.Primary Responsibilities: -Leadership
and Innovation:
- Lead across the organization to effectively manage risk,
support new business initiatives and continuously well-managed
processes
- Help craft a shared vision for the future, leveraging your
expertise, leadership, and influence to provide clarity in complex
situations, inspire breakthrough innovation and drive results
- Adopt an enterprise mindset in strategy development and
implementation, considering both the internal and external
landscape
- Proactively embrace and lead through change, with candor and
optimism
- Evolve to meet new and emerging opportunities and challenges,
including enabling a try/test/learn team culture
- Innovate and find efficiencies in the application of data and
technology to support business opportunities
- Stay informed and demonstrate subject matter expertise,
including attending and participating in industry workshops,
conferences, etcTalent Development:
- Foster an inclusive positive team environment of trust,
collaboration, and effective challenge
- Develop, coach, and inspire associates to reach their goals,
including providing timely, specific, actionable feedback, and
facilitating relevant growth opportunities -
- Appreciate, reward, and elevate great performance, in
accordance with Capital One's values: Excellence and Do The Right
Thing
- Maintain a strong working knowledge of the bank, its customers,
portfolio exposure, competitive environment, economic trends and
policies
- Partner with business and credit risk management to foster an
environment of open dialogue around risk tolerance and credit
appetite
- Promote appropriate application of all bank and line of
business policies and procedures; support and drive adherence to
regulatory compliance requirements
- Enable and maintain a well-managed environment while always
looking to drive simple, scalable impact and durable results
- Encourage an atmosphere of urgency toward meeting customer's
needs and providing excellent customer serviceGeneral
Responsibilities:
- Lead the credit and investment review and approval process
throughout the deal lifecycle with an enterprise mindset
collaborating broadly with internal and external partners to ensure
a well managed environment and the highest level of impact and
service
- Independently identify and assess the risk profile of debt and
equity investments and propose grounded solutions to ensure risk is
mitigated and client objectives are met within appropriate credit,
investment and regulatory guidelines
- Manage relationships with key market/industry influencers and
clients; develop and maintain the company's relationships with
customers, syndicator partners and influencers to expand business
and impact
- Enable and maintain operational excellence; Coordinate the
collection of data through deal life cycle for feedback loop to key
stakeholders -
- Oversee periodic reporting requirements
- Understand, and employ all lending, investing and
regulatory/compliance controls, policies, and procedures of the
bank and the departmentWe recognize that many life paths can
contribute to interest in this role. We value all experience,
whether gained in a classroom or through other paths, and invite
everyone who meets the qualifications to apply for this role.Basic
Qualifications:
- Bachelor's degree or military experience
- At least 7 years of experience in business development,
underwriting, asset management or any combination of the three in
the field of affordable housing or commercial real
estate---Preferred Qualifications:
- Master of Business Administration (MBA), Master's degree in
Finance, Real Estate or other related discipline
- Strong analytical and problem-solving skills, attention to
detail and accuracy
- Extensive credit, financial analysis and financial modeling
experience
- At least 5 years of experience in LIHTC investment, syndication
or asset managementAt 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.Richmond, VA: $175,500 - $200,300 for Agency UW & PM III
-New York, NY: $210,500 - $240,300 for Agency UW & PM III -McLean,
VA: $193,000 - $220,300 for Agency UW & PM III - - - - - - -
-Candidates hired to work in other locations will be subject to the
pay range associated with that location, and the actual annualized
salary amount offered to any candidate at the time of hire will be
reflected solely in the candidate's offer letter.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 offers a comprehensive, competitive, and
inclusive set of health, financial and other benefits that support
your total well-being. Learn more at the -Capital One Careers
website. Eligibility varies based on full or part-time status,
exempt or non-exempt status, and management level.This role is
expected to accept applications for a minimum of 5 business days.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 (including pregnancy, childbirth or related
medical conditions), race, color, age, national origin, religion,
disability, genetic information, marital status, sexual
orientation, gender identity, gender reassignment, citizenship,
immigration status, protected veteran status, or any other basis
prohibited under applicable 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 . 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 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).
Keywords:
Community Finance, Underwriting, Affordable Housing, Risk
Management, Loan Management, Financial Services, Portfolio
Management, Leadership, Analytical Skills, Team
Development
Keywords: Capital One, New York , Sr. Manager, Community Finance-Underwriting, Portfolio & Loan Management, Executive , New York, New York
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