What are the responsibilities and job description for the Agency Asset Manager II position at capitalone?
Agency Asset Manager II The Manager plays a key role responsible for the daily oversight and management of an assigned portfolio of multifamily loans, with a primary focus on risk mitigation efforts. As the primary point of contact, this role is responsible for monitoring emerging risk and working closely with borrowers and investors to seek remediation. Responsibilities: Subject matter expert on Asset Management tasks Analyze financial statements and property operating statements Conduct property inspections Review reserve draws Process consent requests, including related review of loan documents and other agreements Manage client relationships, providing excellent customer servicing while enforcing loan document/lender requirements. Perform ongoing risk analysis, ensuring timely risk detection and appropriate monitoring Identify CREFC watchlist triggers and prepare investor comments for assigned portfolio Conduct market research and prepare market reports Prepare loan and portfolio level status reports Comply with all Investor monitoring and reporting requirements Assists Team Leader in compiling information for investor audits, as needed Handles special projects as assigned by Team Leader Basic Qualifications: Bachelor’s Degree or military experience At least 5 years of experience in Agency Asset Management Preferred Qualifications: 6 years of commercial real estate experience 6 years of experience analyzing property operating statements, rent rolls, and borrower financial statements 6 years of asset management experience with managing Fannie Mae or Freddie Mac Agency property inspection experience Bachelor's Degree in Accounting, Finance, Business or Economics Freddie Mac Exempt Inspector Status or equivalent inspection experience Proficiency in Microsoft Office or Google Suite (Word, PowerPoint, Excel) Highly developed analytical skills including the ability to create complex spreadsheets and mine data Proficiency in analyzing property operating statements, rent rolls, and borrower financial statements and in modeling complex financial scenarios Strong written and oral communication skills Mortgage Banker’s Association (MBA) Multifamily Property Inspections Certification ***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. Charlotte, NC: $149,800 - $171,000 for Agency Asset Manager II McLean, VA: $164,800 - $188,100 for Agency Asset Manager II Plano, TX: $149,800 - $171,000 for Agency Asset Manager II 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 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). At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit.