Senior Manager, Community Finance Originations - Multi-fund

Capital One; Chicago (IL); On-site; USD 183,000 - 208,000; Full time

Job summary

Capital One is seeking a Senior Manager to lead LIHTC origination and multi-fund sourcing, leveraging established developer and syndicator relationships and navigating regulatory and credit constraints to maximize deal flow.

You will drive market intelligence, collaborate with internal teams to ensure compliance and process improvements, and represent Capital One in industry engagements to advance impact and innovation in multi-family development.

Qualifications

• Bachelor's degree or military experience.
• 5+ years in business development, underwriting, asset management, or portfolio management in affordable housing or CRE.
• Strong relationships with Syndicators and knowledge of regulatory/credit constraints.

Responsibilities

• Identify, source and lead the origination efforts of LIHTC multi-funds.
• Cultivate and develop deep relationships with Syndicators, leveraging existing industry connections.
• Provide market intelligence to inform sourcing strategy and deal flow.
• Partner with internal teams to ensure adherence to regulatory and credit policies.
• Contribute to process improvements to enhance operational efficiency.
• Represent Capital One in relevant industry board and community engagements.

Skills

Business development

Underwriting

Asset management

Portfolio management

Affordable housing

Commercial real estate

Education

Bachelor's degree or military experience

Job description

About the Role

We are seeking a Senior Manager with a demonstrated track record in affordable housing origination to join a team focused on sourcing mission- and strategy-aligned Low Income Housing Tax Credit (LIHTC) multi-family housing development opportunities. The ideal candidate brings established developer and syndicator relationships from day one, sound judgment operating within regulatory and credit constraints, and market intelligence to identify opportunities. Through your expertise and relationship-management skills, you will build upon our strong industry reputation while challenging the status quo and actively contributing to our next chapter of impact and innovation.

Primary Responsibilities

• Identify, source and lead the origination efforts of LIHTC multi-funds
• Cultivate and develop deep relationships with Syndicators, leveraging existing industry connections
• Provide market intelligence to inform sourcing strategy and deal flow
• Partner with internal teams to ensure adherence to regulatory and credit policies
• Contribute to process improvements to enhance operational efficiency
• Represent Capital One in relevant industry board and community engagements

Basic Qualifications

• Bachelor's degree or military experience
• At least 5 years of experience in business development, underwriting, asset management, or portfolio management or any combination of the four in the field of affordable housing or commercial real estate

Preferred Qualifications

• 11+ years of experience in affordable housing or community development
• 3+ years of experience with Low Income Housing Tax Credit (LIHTC)
• 4+ years of experience in community development lending or investments
• Deep understanding of LIHTC Multi-funds, including upper-tier review and expertise

Salary and Benefits

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

• Charlotte, NC: $182,500 - $208,300 for Agency UW & PM III
• Chicago, IL: $182,500 - $208,300 for Agency UW & PM III
• McLean, VA: $200,700 - $229,100 for Agency UW & PM III

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.

Equal Opportunity and Diversity

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.

Other Information

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.