Job: COMML UNDERWRITER III (USA) Job

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Jobing Description

COMML UNDERWRITER III (USA)-712115

Description
Summary:
The incumbent is responsible for evaluating commercial loan applications for new loan facilities, as well as for processing loan renewals and extensions, all in accordance with business unit standards. Additional scope of responsibilities includes performing due diligence and gathering information as necessary to make sound lending decisions. The incumbent will also perform other duties as necessary to support the goals and objectives of the Commercial Lending area and the line of business unit.

Responsibilities:
- Structure and underwrite routine to moderately complex credit facilities in a manner which achieves the Banks profitability goals while staying within the Banks risk parameter
- Review and analyze financial statements, tax returns and cash flow statements of Borrowers and Guarantors.
- Understand and employ all policies and procedures of the Bank and the Line of Business.
- Prepare written credit approval memoranda and ancillary forms for routine to moderately complex credit facilities.
- Partner with Loan Administration and outside counsel in the preparation, review and approval of loan documentation to ensure the documents meet agreed upon business terms and satisfy the specific requirements of the appropriate credit approval authority.
- Determine the proper risk rating for all facilities within an assigned loan portfolio and complete the required paperwork for any rating changes.
- Partner with Relationship Managers to cultivate excellent client relationships. Exhibit a sense of urgency towards meeting client requests while also meeting acceptable risk parameters.
- Understand and promote bank products to assist the Relationship Managers in meeting profitability targets.
- Foster an open dialogue and strong working relationship with Risk Management, Loan Administration, Special Assets and other groups that support and review the line of business.
- Remain up-to-date on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance. Additional Responsibilities: Commercial Real Estate
- Prepare routine to moderately complex property level pro forma cash flow statements and develop moderately complex property valuations to properly size loan requests.
- Obtain appropriate market information to support the proposed loan
- Possess thorough knowledge of the fundamentals that drive cash flow and values for all commercial property types including office, retail, industrial and apartments.
- Partner with in-house appraisal and engineering staff in ordering and reviewing third party reports such as Appraisal, Environmental and Property Condition Assessments.
- Perform site due diligence, as applicable.
- Partner with Portfolio Management to proactively manage the loan portfolio to identify and address problems to produce timely loan modifications and risk rating changes, as appropriate.

Qualifications
Basic Qualifications:
- Bachelors Degree
- 5 years of in commercial banking or related financial industry, with a focus on underwriting and credit statement analysis or 3 years of experience as Commercial Underwriter II

Preferred Qualifications:
- Bachelors Degree with a concentration in business, accounting or finance.
- Ability to write in a concise and clear manner to convey complex information.
- Strong interpersonal skills and be able to communicate effectively.

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 in the workplace. We promote a drug-free work environment. We emphasize recruiting, hiring, and retaining the most qualified candidates and providing them with the opportunity to meet their potential. We provide an environment where differences lead to solutions.

Job: Business and Commercial Banking
Primary Location: United States-New York-Garden City-NW Suffolk-NFB HQ #1 Br 567 (22567)
Schedule: Full-time
Travel: No