AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Capital One, Chicago
Overview
The Commercial Underwriting and Portfolio Management organization works with internal partners to underwrite new transactions and manage the existing portfolio of loans. This role supports the Corporate & Sponsor Lending – Cash Flow (CSL-Cash Flow) line of business, which provides financing to medium to large companies for mergers and acquisitions, corporate growth, balance sheet refinancings and recapitalizations. The CSL-Cash Flow portfolio consists of over 560 clients and $30 billion in credit exposure.
Primary Responsibilities
- Underwrite leveraged debt transactions for new or existing clients.
- Lead the due diligence process and evaluate material strengths, risks and mitigants.
- Assist less experienced team members in financial statement and cash flow analysis.
- Review financial models independently and coordinate structuring options.
- Prepare the credit approval document, review work of junior members and lead internal partner conversations.
- Oversee closing process requirements and review the closing memo.
- Prepare term sheets, commitment letters and fee letters with minimal guidance and negotiate credit documents with guidance.
- Drive the overall deal process, lead communication with internal and external constituents and constructively improve the deal process.
- Manage a portfolio of accounts independently, monitor portfolio performance and drive customer retention.
- Proactively anticipate issues, resolve problem accounts in partnership with other teams and specialists.
- Coordinate with the Portfolio Management team to ensure all annual reviews and both material and non-material modifications are completed on time.
- Assist portfolio managers with quarterly portfolio reviews and ensure portfolio data is accurate, timely and complete.
- Build relationships across functions and business to foster collaboration between partner groups.
- Interact directly with customers to cultivate strong relationships while balancing risk and return.
- Mentor and train rotational analysts and less experienced associates.
- Participate in internal initiatives to ensure the business is well-managed and operates efficiently.
Basic Qualifications
- Bachelor’s degree or military experience.
- At least 5 years of experience in credit underwriting, portfolio management or asset management.
Preferred Qualifications
- Bachelor’s degree in Accounting, Finance or other relevant fields.
- 7+ years of experience in credit underwriting or portfolio or asset management.
- Previous leadership (informal or formal) experience with deal teams or analysts.
- Capital One will not sponsor a new applicant for employment authorization for this position.
Salary
Chicago, IL: $175,500 - $200,300
McLean, VA: $193,000 - $220,300
Benefits
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well‑being. Eligibility varies based on full or part‑time status, exempt or non‑exempt status, and management level.
EEO and Accommodations
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.
For accommodations, please contact Capital One Recruiting at 1‑800‑304‑9102 or via email at 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 the recruiting process, please send an email to