Director, UWPM, Alternative Renewable Energy
Capital One, New York, NY, United States
Overview
The Underwriting and Portfolio Management organization is responsible for working with internal partners to underwrite new transactions and manage the existing portfolio of tax equity transactions. Our Underwriters and Portfolio Managers balance supporting the Commercial’s Bank’s growth and ensuring we have a scalable, well‑managed business. This role supports the Renewable Energy, Underwriting and Portfolio Management team. The Line of Business is focused primarily on Tax Equity transactions in the Renewables sector including wind, solar, storage and other forms of renewable investment.
Primary underwriting responsibilities may include
Lead and compile due diligence to draw conclusions on material current and future risks and mitigates; identify performance drivers, project future performance, and anticipate ability to repay debt; apply industry research across transactions and share key takeaways across the organization
Lead all aspects of tax equity transaction execution efforts including structuring, diligence, approvals, document negotiations and oversight of junior members, providing feedback, and coaching
Leverage deep expertise in industry trends and market analysis to present findings and potential opportunities to senior management with ease
Anticipate questions that will be raised during deal review and approval meetings
Assist and develop procedures to ensure less experienced team members understand financial statement analysis and cash flow analysis
Review financial models independently and incorporate complex structures or nuances
Propose appropriate structuring options in tandem with deal team
Interpret pricing model outputs in context of business return hurdles and consider areas for increasing returns
Write and prepare all parts of the credit approval document independently; identify need for supplemental analysis and discussion; review work of less experienced members of the team
Oversee closing process requirements; review closing memo
Lead documentation process and negotiate provisions of term sheets, commitment letters, and fee letters with internal and external counsel as well as clients
Independently lead all aspects of process for complex deals, including special circumstances, higher approval requirements, and setting overall expectations
Primary portfolio or asset management responsibilities may include
Manage most complex or highest risk portfolio of accounts independently including amendments, refinancing, and recaps; review portfolios of less experienced team members; review and monitor health of portfolio accounts, drive customer retention and performance against expectations
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Review and approve annual reviews and both material and non-material modifications
Facilitate and leads quarterly portfolio reviews; prepare watch and criticized reports for quarterly meetings & annual reviews
Review past due reporting, covenants, and payments and remediate with the appropriate party
Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Additional Responsibilities may include
Build relationships across function and business to foster collaboration between partner groups
Interact directly with customers to cultivate strong relationships while balancing risk and return
Consult with legal or Special Assets Department
Mentor and train rotational analysts and new hires
Participate in internal initiatives to ensure the business is well‑managed and operates efficiently
Ensure compliance with credit policies and procedures
Basic Qualifications
Bachelor’s Degree or Military Experience
At least 5 years of experience in tax equity transaction underwriting and execution
At least 7 years of experience in tax equity, credit, portfolio management, or asset management
Preferred Qualifications
Master’s Degree in Business Accounting, Finance, or other relevant fields
At least 10+ years of experience in credit underwriting or portfolio management or asset management
At least 3+ years of previous leadership experience with deal teams or analysts
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Salary information
Charlotte, NC: $209,500 - $239,100 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
Houston, TX: $209,500 - $239,100 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
New York, NY: $251,400 - $286,900 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
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 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.
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).
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Primary underwriting responsibilities may include
Lead and compile due diligence to draw conclusions on material current and future risks and mitigates; identify performance drivers, project future performance, and anticipate ability to repay debt; apply industry research across transactions and share key takeaways across the organization
Lead all aspects of tax equity transaction execution efforts including structuring, diligence, approvals, document negotiations and oversight of junior members, providing feedback, and coaching
Leverage deep expertise in industry trends and market analysis to present findings and potential opportunities to senior management with ease
Anticipate questions that will be raised during deal review and approval meetings
Assist and develop procedures to ensure less experienced team members understand financial statement analysis and cash flow analysis
Review financial models independently and incorporate complex structures or nuances
Propose appropriate structuring options in tandem with deal team
Interpret pricing model outputs in context of business return hurdles and consider areas for increasing returns
Write and prepare all parts of the credit approval document independently; identify need for supplemental analysis and discussion; review work of less experienced members of the team
Oversee closing process requirements; review closing memo
Lead documentation process and negotiate provisions of term sheets, commitment letters, and fee letters with internal and external counsel as well as clients
Independently lead all aspects of process for complex deals, including special circumstances, higher approval requirements, and setting overall expectations
Primary portfolio or asset management responsibilities may include
Manage most complex or highest risk portfolio of accounts independently including amendments, refinancing, and recaps; review portfolios of less experienced team members; review and monitor health of portfolio accounts, drive customer retention and performance against expectations
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Review and approve annual reviews and both material and non-material modifications
Facilitate and leads quarterly portfolio reviews; prepare watch and criticized reports for quarterly meetings & annual reviews
Review past due reporting, covenants, and payments and remediate with the appropriate party
Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Additional Responsibilities may include
Build relationships across function and business to foster collaboration between partner groups
Interact directly with customers to cultivate strong relationships while balancing risk and return
Consult with legal or Special Assets Department
Mentor and train rotational analysts and new hires
Participate in internal initiatives to ensure the business is well‑managed and operates efficiently
Ensure compliance with credit policies and procedures
Basic Qualifications
Bachelor’s Degree or Military Experience
At least 5 years of experience in tax equity transaction underwriting and execution
At least 7 years of experience in tax equity, credit, portfolio management, or asset management
Preferred Qualifications
Master’s Degree in Business Accounting, Finance, or other relevant fields
At least 10+ years of experience in credit underwriting or portfolio management or asset management
At least 3+ years of previous leadership experience with deal teams or analysts
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Salary information
Charlotte, NC: $209,500 - $239,100 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
Houston, TX: $209,500 - $239,100 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
New York, NY: $251,400 - $286,900 for Lead Specialty Underwriter & Portfolio Manager (Alt Energy)
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 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.
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).
#J-18808-Ljbffr