Underwriter I - II

Posted on Oct 6 Washington, DC

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.
Underwriter I - II
The Company: If you want to be part of a fast-paced, client-centric and strategically growing business, Capital One Commercial Banking wants you to join our talented group! Capital One is committed to excellence in the solutions we offer, the industries we serve, and the way we work with clients. Today, Capital One Commercial Banking group services a $65 billion loan portfolio, serving more than 6,100 clients. We offer a range of solutions including Commercial Lending, Rate and Currency Solutions, Depository Services, Treasury Management, Capital Markets, Private Banking and Wealth Management, and Corporate Cards. On the Commercial Banking team, you'll find energized, positive people rolling up their sleeves to deliver value-added solutions, products and services for our clients. As a key member of the team, you will be at the forefront of competing for new clients, facilitating the structuring and delivery of unique credit solutions, and managing client debt portfolios to further deepen the Bank's relationships and strengthen its brand.

Key Activities Include:
  • Manages the Bank's credit exposure to an assigned portfolio of Healthcare Real Estate Clients primarily in the Medical Office Building industry.
  • Analyzes and monitors assigned portfolio for changes in risk profile.
  • Reviews financial statements into the Bank's online spreading system.
  • Determines the proper risk rating for all facilities within an assigned loan portfolio and completes the required paperwork for any rating changes.
  • Tests Borrowers' compliance with financial covenants. Monitors Borrowers' performance to expectations.
  • Takes action to communicate deteriorating situations, and to remediate such risks to protect the Bank.
  • Proficient in generating projection models and Enterprise Valuations, and in calculating and monitoring collateral values.
  • Performs annual reviews of clients, prepares credit actions to extend new or modify existing loans.
  • Extensively collaborates with Commercial Banking team, including Relationship Managers, Credit Risk Officers, Line of Business Management and support staff, to deliver, manage and maintain credit with clients.
  • Evaluates the credit worthiness of new loan applicants by determining their ability to service existing and proposed debt.

  • Understands all aspects of an applicant's business including its industry, products, competitive position and management.
  • Thoroughly analyzes financial statements and management forecasts. o o Succinctly discusses financial analysis, risks and mitigants, structuring recommendations and decision justification, in a written credit memorandum.
  • Completes credit packages and decisions credit requests within prescribed timeframes to meet business partner and client expectations.
  • Reviews credit agreements for consistency with approved terms; interacts with Bank counsel and participates in the negotiation of credit documentation.
  • Understands and employs all policies and procedures of the Bank and the Line of Business.
  • Performs and verifies compliance with loan policy, AML, KYC and all other applicable regulatory requirements
  • Remains up-to-date 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 1 year of Commercial underwriting experience or 1 year of Accounting Experience

Preferred Qualifications:
  • A Master's in Business Administration or a Master's in Accounting · Formal Credit Training · Advanced Microsoft Excel Skills

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

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.