Analyst, Underwriter & Portfolio Manager

Capital One; Plano (TX); On-site; USD 119,000 - 136,000; Full time

Job summary

Capital One in Plano, TX seeks an Analyst, Underwriter & Portfolio Manager to safeguard assets by overseeing a CRE loan portfolio. You will perform property-level analysis, build financial models, and assess borrower credit across multifamily, industrial, retail, and office assets.

The role requires 2+ years in credit underwriting or asset management, a finance or real estate degree, and advanced Excel/real estate software knowledge.

Qualifications

• Bachelor’s Degree or Military Experience.
• At least 2 years of experience in credit underwriting, portfolio management or asset management.
• Proven expertise in CRE property types, valuation methodologies, and related metrics.

Responsibilities

• Property-Level Analysis: underwrite by reviewing operating statements, rent rolls, leases and pro formas for CRE assets.
• Financial Modeling & Risk Metrics: compute NOI, DSCR, LTV and debt yield to assess debt service capacity.
• Market Analysis: evaluate submarket dynamics, vacancy/rent trends and asset competitiveness.
• Guarantor Analysis: review personal and corporate financials to gauge support capacity.
• Risk Rating & Annual Reviews: prepare credit memos with risk ratings and recommendations.
• Third-Party Review & Compliance: assess appraisals, ESAs, PCRs, and covenant adherence.

Skills

Underwriting

Portfolio management

Credit analysis

Asset management

Financial modeling

Education

Bachelor’s degree in Finance, Real Estate, Accounting

Military Experience

Tools

ARGUS

CoStar

Excel

Job description

Analyst, Underwriter & Portfolio Manager

The Asset Manager is responsible for safeguarding assets by diligently managing an existing portfolio of loans secured by commercial income‑producing properties. The responsibilities for this role are specialized in the analysis and assessment of risk associated with loans secured by Commercial Real Estate (CRE) deals. The ideal candidate will have a deep understanding of property‑level financial analysis, real estate market dynamics, and the unique risks associated with various property types. You will be a key player in ensuring the performance and stability of Capital One’s CRE loan portfolio from closing through payoff.

Primary Duties and Responsibilities

• Property‑Level Analysis: Perform comprehensive underwriting by analyzing property operating statements, rent rolls, lease abstracts, and pro forma projections for various asset types (Multifamily, Industrial, Retail, Office, etc.).
• Financial Modeling & Risk Metrics: Calculate and analyze key real estate metrics including Net Operating Income (NOI), Debt Service (including adjustments for interest rate hedges), Debt Service Coverage Ratios (DSCR) and Loan‑to‑Value (LTV) to determine the borrower’s ability to meet current debt service obligations as well as refinance at maturity.
• Market Analysis: Evaluate the underlying real estate market fundamentals, including submarket conditions, vacancy and rental rate trends, new supply, and the assets competitive positioning within the market.
• Guarantor Analysis: Conduct in‑depth analysis of individual and corporate guarantors, including a thorough review of personal/corporate financial statements, tax returns, liquidity, contingent liabilities and global cash flow from assets to assess their financial strength and capacity to support the debt.
• Risk Rating & Annual Reviews: Author clear and comprehensive credit approval memorandums that detail the loan structure, collateral, market condition, collateral competitive position in the market, key risks, and provide a well‑supported recommendation for risk ratings based on property performance.
• Third‑Party Report Review: Review and evaluate third‑party reports, including property appraisals, environmental site assessments (ESAs), and property condition reports (PCRs).
• Compliance & Servicing Actions: Ensure borrower compliance with all loan covenants and reporting requirements. Analyze and process borrower requests for modifications, leasing consents, or collateral releases.

The Ideal Candidate Is

• Detail‑Oriented: Meticulous in their review of financial data, written approval packages, leases, and third‑party reports.
• Market‑Aware: Passionate about real estate and stays current on market trends, transactions, and economic news.
• A Self‑Starter: Able to work independently, problem solve, manage a pipeline of deals, and meet deadlines.
• Collaborative: Works effectively with relationship managers, credit officers, legal counsel, and clients to meet client needs, obtain information, assess risk, and proactively identify adverse trends or issues.

Basic Qualifications

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

Preferred Qualifications

• Bachelor's degree in Finance, Real Estate, Accounting, or a related field.
• 2-4+ years of dedicated experience in commercial real estate (CRE) credit analysis, underwriting, or asset management.
• Proven expertise in analyzing CRE property types (e.g., Multifamily, Industrial, Retail, Office).
• Deep understanding of CRE valuation methodologies, interest rate hedging strategies (swaps and caps), and key performance indicators (NOI, DSCR, LTV, Cap Rate, Debt Yield).
• Completion of a formal bank credit training program with a focus on real estate.
• Proficiency in ARGUS, CoStar, and other real estate‑specific software platforms.
• Knowledge of CRE loan documentation and legal considerations.
• Advanced proficiency in Microsoft Excel and/or Google Sheets for financial modeling and analysis.
• Excellent analytical skills and situational awareness with an ability to identify and mitigate transaction‑specific risks.
• Strong written and verbal communication skills, capable of discussing complex transactions or situations with credit officers and senior management ** At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Salary

• Charlotte, NC: $119,400 - $136,200 for Analyst, Underwriter & Portfolio Manager
• McLean, VA: $131,300 - $149,800 for Analyst, Underwriter & Portfolio Manager
• Plano, TX: $119,400 - $136,200 for Analyst, Underwriter & Portfolio Manager

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 (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, 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 [e-mail]. 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 [e-mail].

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). 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.