Director, Industry Commercial Credit
Capital One is seeking an Industry Commercial Credit Officer with a background in Commercial Real Estate ("CRE") lending. This candidate will be part of the Commercial Credit Risk & Analytics (CR&A) organization, operating in a high-profile environment.
The position is primarily responsible for working with the Segment Lead Senior Credit Officer ("SCO") in the risk assessment activities related to new originations, modifications, and renewals of existing loans. Secondary responsibilities will consist of portfolio management activities, which include: evaluating annual reviews in order to assess existing and upcoming risk factors, confirming the appropriateness of recommended risk ratings, confirming action plans, and communicating risks outside of normal risk parameters to the Segment Lead SCO.
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With regard to new transactions, renewals and modifications, the candidate will exercise allocated credit approval authority. When outside of specific approval authority, the candidate should make recommendations, prepare a written analysis, and send to the Segment Lead SCO, CRE Credit Executive, and/or Chief Commercial Credit Officer for final approval.
The primary objectives of this position are to ensure that commercial CRE loans within the assigned portfolios are within expected credit parameters, comply with policies and procedures, contain appropriate action plans, and are appropriately risk rated.
Manage Credit Approval Process:
- Ensure all credit exposures and deal renewals/amendments are approved in accordance within existing policies and procedures, both internal underwriting standards and external regulatory guidelines, and are appropriately risk rated
- Review Credit Approval Memos and approve credit structures are appropriate for the risk profile of the Borrower
On-going Portfolio Management:
- Continuously monitor the credit quality of each transaction in the portfolio, and overall portfolio quality trends.
- Ensure annual reviews are well-documented, risk ratings are accurate, and are based on a forward-looking view.
- Identify deteriorating credits and take appropriate action to mitigate risk; Partner with Special Assets team to transition troubled accounts as needed
- Collaborate with the Business as a Subject Matter Expert on regulatory and/or compliance requirements
- Work with the portfolio analytics group within CR&A to develop discrete reporting on portfolio metrics.
- Communicate individual and general risk issues to the Segment Lead SCO
Risk Assessment:
- Identify the key historical (and future), credit (and non-credit) risks related to a specific transaction
- Develop a well-informed and forward-looking view of the business
- Evaluate the inputs and results of cash flow and valuation models under expected and stressed scenarios to determine the sustainability of the cash flows/values and resilience of the sources of repayment
- Provide front-end structuring guidance to business partners and negotiate acceptable solutions that prudently balance risk and return
- Be a Strategic Partner with the Line of Business and Underwriting/Portfolio Management
Basic Qualifications
- Bachelor's Degree or Military experience
- At least 10 years of experience in commercial real estate lending
Preferred Qualifications
- Proficient with credit principles and loan structuring
- Proficient with the technical requirements of CRE analysis
- Working industry knowledge of commercial real estate markets and various property types
- Completed formal credit training
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.
Sales Territory: $205,400 - $234,400 for Director, Industry Comml Credit Officer
Chicago, IL: $205,400 - $234,400 for Director, Industry Comml Credit Officer
McLean, VA: $226,000 - $257,900 for Director, Industry Comml Credit Officer
Plano, TX: $205,400 - $234,400 for Director, Industry Comml Credit Officer
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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
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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).