Role at a glance
- Job function
-
Investments & Capital Markets Real Estate & Infrastructure Finance
- Salary
- Not Disclosed
- Location
- McLean, Virginia, United States
- Work arrangement
- On-site
- Employment
- Full-time
- Education
- Bachelor's
- Visa support
- No Visa Support
Spotted an issue?
We’ll check it against the original posting.
About the role
Original posting provided by Capital One
About Capital One:
Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas, and backgrounds, guided by our shared values, come together to make Capital One a great company—and a great place to work.
About Global Enterprise Affairs and the Originations Team:
Global Enterprise Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment (CI&I), Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.
Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.
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 Include:
Identify, source and lead the origination efforts of construction to permanent debt and LIHTC equity investment opportunities
Cultivate and develop deep relationships with Syndicator and developer partners, 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:
6+ 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
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.
McLean, VA: $200,700 - $229,100 for Agency UW & PM III
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 (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 [email protected]. 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 [email protected]
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).
About the company
Capital One
Large Enterprise
Capital One is a prominent financial services company headquartered in McLean, Virginia, specializing in credit cards, banking, auto loans, and savings accounts. Established in 1994, the company has grown to become one of the largest issuers of credit cards in the United States, known for its innovative approach to banking and commitment to customer service. Capital One leverages technology and data analysis to enhance financial solutions, making banking easier and more accessible for its diverse customer base. With a strong focus on inclusion and community engagement, Capital One offers various opportunities for students and recent graduates to launch their careers in finance and technology.