Capital One
AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
Capital One, Chicago, Illinois, United States, 60290
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AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
role at
Capital One
The Commercial Underwriting and Portfolio Management organization works with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial Bank’s growth and ensuring we have a scalable, well‑managed business. This role supports the Corporate & Sponsor Lending – Cash Flow (CSL‑Cash Flow) line of business. Capital One’s CSL‑Cash Flow group includes the Diversified Industries, Food & Beverage, Healthcare and TMT industry verticals within the Middle Market Bank and 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. As an Underwriter & Portfolio Manager you begin to demonstrate subject‑matter expertise in credit risk management and are expected to perform responsibilities independently. In addition to your own job duties, you will play a leadership role across deal teams by guiding and shaping more junior associates and are trusted with the most complex transactions or solve unique problems because of your experience and job‑specific skills.
Primary Underwriting Responsibilities
Underwrite leveraged debt transactions to new or existing clients
Lead the due diligence process and calls; evaluate diligence to draw relevant conclusions on material strengths, risks, and mitigants
Assist less experienced team members in financial statement analysis and cash flow analysis
Review financial models independently
Coordinate with the deal team on appropriate structuring options
Write and prepare the credit approval document; review work of less experienced members of the team; begin to take a leadership role in conversations with internal partners
Oversee closing process requirements; review closing memo
Prepare term sheets, commitment letters and fee letters with minimal guidance; understand majority of provisions of all credit documents and can provide rationale; begin to negotiate credit documents with guidance
Drive overall deal process and lead communication with internal and external constituents; constructively improve the deal process
Primary Portfolio or Asset Management Responsibilities
Manage a portfolio of accounts independently; review and monitor portfolio accounts’ health and performance against expectations; drive customer retention
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Coordinate with 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
Ensure compliance with credit policies and procedures for existing accounts
Respond to requests from all internal and external stakeholders
Work with portfolio managers to ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Additional Responsibilities
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
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
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Salary Ranges
Chicago, IL: $175,500 – $200,300 for Specialty Underwriter & Portfolio Manager
McLean, VA: $193,000 – $220,300 for Specialty Underwriter & Portfolio Manager
Other locations: pay range associated with that location and actual annualized salary amount offered will be reflected solely in the candidate’s offer letter.
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.
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.
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AVP, Specialty Underwriting & Portfolio Management - Corporate & Sponsor Lending
role at
Capital One
The Commercial Underwriting and Portfolio Management organization works with internal partners to underwrite new transactions and manage the existing portfolio of loans. Our Underwriters and Portfolio Managers balance supporting the Commercial Bank’s growth and ensuring we have a scalable, well‑managed business. This role supports the Corporate & Sponsor Lending – Cash Flow (CSL‑Cash Flow) line of business. Capital One’s CSL‑Cash Flow group includes the Diversified Industries, Food & Beverage, Healthcare and TMT industry verticals within the Middle Market Bank and 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. As an Underwriter & Portfolio Manager you begin to demonstrate subject‑matter expertise in credit risk management and are expected to perform responsibilities independently. In addition to your own job duties, you will play a leadership role across deal teams by guiding and shaping more junior associates and are trusted with the most complex transactions or solve unique problems because of your experience and job‑specific skills.
Primary Underwriting Responsibilities
Underwrite leveraged debt transactions to new or existing clients
Lead the due diligence process and calls; evaluate diligence to draw relevant conclusions on material strengths, risks, and mitigants
Assist less experienced team members in financial statement analysis and cash flow analysis
Review financial models independently
Coordinate with the deal team on appropriate structuring options
Write and prepare the credit approval document; review work of less experienced members of the team; begin to take a leadership role in conversations with internal partners
Oversee closing process requirements; review closing memo
Prepare term sheets, commitment letters and fee letters with minimal guidance; understand majority of provisions of all credit documents and can provide rationale; begin to negotiate credit documents with guidance
Drive overall deal process and lead communication with internal and external constituents; constructively improve the deal process
Primary Portfolio or Asset Management Responsibilities
Manage a portfolio of accounts independently; review and monitor portfolio accounts’ health and performance against expectations; drive customer retention
Proactively anticipate issues, draw parallels from other accounts to own account; resolve problem accounts in partnership with other teams and specialists
Coordinate with 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
Ensure compliance with credit policies and procedures for existing accounts
Respond to requests from all internal and external stakeholders
Work with portfolio managers to ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
Additional Responsibilities
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
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
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Salary Ranges
Chicago, IL: $175,500 – $200,300 for Specialty Underwriter & Portfolio Manager
McLean, VA: $193,000 – $220,300 for Specialty Underwriter & Portfolio Manager
Other locations: pay range associated with that location and actual annualized salary amount offered will be reflected solely in the candidate’s offer letter.
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.
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.
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