Senior Underwriter, Midwest
Honeycomb InsuranceSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Commercial Real Estate, Multifamily Housing, FinanceIndustries
Requirements
- Bachelor's Degree or Military Experience
- At least 2 years of experience in credit underwriting, portfolio management, or asset management
- Preferred: At least 3 years of commercial real estate experience, specifically in Freddie Mac and Fannie Mae
- Preferred: At least 3 years of experience in Agency Lending Underwriting
Responsibilities
- Navigates deals through underwriting process with minimal oversight
- Correctly identifies all waivers/risks associated with the transactions and provides mitigated recommendation to discuss with their manager
- Presents ideas for policy and process improvements to their manager
- Shows ability to oversee, train and increase their own efficiency through the use of Analysts/Senior Analysts
- Reviews work of analyst/senior analysts assisting on deals and pre-screens
- Higher level external exposure to borrowers and lender counsel
- Underwrites complex transactions with complicated borrower structures and unique property/market characteristics
- Presents fully completed and analyzed narratives with supporting risk mitigation to their manager
- Works on special projects as deemed appropriate by their manager
- Participates in structuring deals with manager and production to broaden product knowledge
- Develops and fosters relationships with agency counterparts
- Interprets Fannie Mae/Freddie Mac product sheets and underwrites all transaction types, including fixed, floating, supplemental, MHCs, etc
Skills
Agency Underwriting
Fannie Mae
Freddie Mac
FHA Loans
Commercial Real Estate
Multifamily Finance
Loan Origination
Risk Assessment
Portfolio Management
Underwriting Process
Deal Structuring
Borrower Relations
Capital One
Offers diverse financial products and services
About Capital One
Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.
McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees
Benefits
Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program
Risks
Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.
Differentiation
Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.
Upsides
Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.
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