Associate, Speciality Underwriter & Portfolio Manager - Healthcare Real Estate

Capital One; Chicago (IL); On-site; USD 150,000 - 171,000; Full time

Job summary

Capital One is seeking an Associate in Speciality Underwriter & Portfolio Management for Healthcare Real Estate in Chicago. You will underwrite new transactions, manage a loan portfolio, and collaborate with partners to balance growth with risk.

The role evolves from fundamentals toward more independent handling of deals and portfolio trends. Responsibilities include due diligence, financial analysis, modeling, structuring options, and coordinating closings, with opportunities to shadow senior

Qualifications

• Bachelor’s Degree or Military Experience.
• At least 3 years of experience in credit underwriting, portfolio management or commercial real estate.
• Bachelor's Degree in Accounting, Finance, or Commercial Real Estate.
• 5+ years of experience in credit underwriting or portfolio management.
• 5+ years of experience in real estate.
• Strong written and verbal communication skills; sponsorship note: Capital One will not sponsor new applicants at this time.

Responsibilities

• Perform due diligence on industry and company performance; synthesize research and begin to draw conclusions; may start to lead diligence calls.
• Perform thorough financial analysis and identify disparities, risks, and creative ways to mitigate risk.
• Prepare financial modeling inputs with little guidance; understand model mechanics and consider overrides or exceptions.
• Analyze appropriate structuring options considering collateral.
• Write and prepare credit approval documents; contribute to deal review and pipeline meetings.
• Coordinate and complete closing process requirements.
• Shadow more senior underwriters on reviewing and negotiating legal documentation.
• Communicate with external constituents; maintain urgency to meet client requests.
• Provide feedback on term sheets, commitment letters and fee letters; basic credit documents.
• Prepare pricing model for complex deal structures and understand drivers for pricing outputs.
• Demonstrate ownership of a portfolio of existing customers and monitor upgrades/downgrades.
• Complete annual reviews and modifications independently and on time.
• Ensure compliance with credit policies and procedures for existing accounts.
• Respond to requests from internal and external stakeholders.
• Ensure portfolio data is accurate and timely for reporting.

Skills

Credit underwriting

Portfolio management

Financial analysis

Due diligence

Communication skills

Education

Bachelor's Degree in Accounting, Finance, or Commercial Real Estate

Bachelor’s Degree or Military Experience

Job description

Associate, Speciality Underwriter & Portfolio Manager - Healthcare Real Estate

The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial Bank’s growth and ensuring we have a scalable, well-managed business. This role supports the Commercial Healthcare Real Estate lending team. Capital One Healthcare Real Estate is a part of Capital One Commercial Banking, which leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking. As an Associate within Underwriting & Portfolio Management, you have advanced beyond the fundamentals of credit risk management and is expected to perform most responsibilities with minimal oversight. In addition to identifying risks and mitigants, you begin to identify and elevate trends or anomalies on individual deals or within the portfolio.

Primary underwriting responsibilities

• Perform due diligence on industry and company performance; synthesize research and begin to draw conclusions; may start to lead diligence calls


• Perform thorough financial analysis and identify disparities, risks, and creative ways to mitigate risk


• Prepare financial modeling inputs with little guidance; understand model mechanics and consider overrides or exceptions


• Analyze appropriate structuring options considering collateral


• Write and prepare credit approval documents; provide meaningful contribution to internal meetings, including deal review and pipeline meetings


• Coordinate and complete closing process requirements


• Begin to shadow more senior underwriters on reviewing and negotiating legal documentation


• Communicate with all external constituents; exhibit a sense of urgency toward meeting client requests


• Provide feedback on term sheets, commitment letters and fee letters with guidance; basic understanding of credit documents


• Prepare pricing model for complex deal structures and begin to understand drivers for pricing model outputs

Primary portfolio or asset management responsibilities

• Demonstrate ownership of a portfolio of existing customers with minimal guidance; may take on more complex or higher volume of accounts


• Complete annual reviews and both material and non-material modifications independently and on time


• Monitor and determine upgrades or downgrades to risk ratings


• Ensure compliance with credit policies and procedures for existing accounts


• Respond to requests from all internal and external stakeholders


• Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities


• Escalate and resolve problem accounts in partnership with other teams and specialists

Additional Responsibilities

• Build relationships across function and business to foster collaboration between partner groups


• Mentor and train rotational analysts and new hires


• Participate in internal initiatives to ensure the business is well-managed and operates efficiently

Basic Qualifications

• Bachelor’s Degree or Military Experience


• At least 3 years of experience in credit underwriting, portfolio management or commercial real estate

Preferred Qualifications

• Bachelor's Degree in Accounting, Finance, or Commercial Real Estate


• 5+ years of experience in credit underwriting or portfolio management


• 5+ years of experience in real estate


• Strong written and verbal communication skills \\*\\*\\*\\*At 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. Chicago, IL: $149,800 - $171,000 for Associate, Specialty Underwriter & Portfolio Manager McLean, VA: $164,800 - $188,100 for Associate, Specialty Underwriter & Portfolio Manager 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 (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.