Associate, Specialty Underwriter & Portfolio Manager - Energy, Power and Renewables

About the Role

Employment Type: Full time

Associate, Specialty Underwriter & Portfolio Manager - Energy, Power and Renewables

The Underwriting and Portfolio Management organization is responsible for working with internal and external partners to underwrite new transactions and manage the existing portfolio of loans. 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 Energy, Power and Renewables Group. Capital One’s Energy, Power and Renewables Group provides financing to Upstream, Midstream and Power companies for mergers and acquisitions, corporate growth, working capital needs, balance sheet refinancings and recapitalizations.

The team is looking for a candidate with deep subject matter expertise in credit risk management, credit analysis, superior oral and written communication, and a strong work ethic and team mentality. In addition to performing your responsibilities autonomously, you may play a leadership role across deal teams by guiding or shaping less experienced associates. You are trusted to complete complex transactions or solve more unique problems because of your experience and job specific skills.

Primary Underwriting Responsibilities

• Support 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 investment; apply industry research across transactions and share key takeaways across the organization
• 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
• Review financial models independently and incorporate complex structures or nuances
• Propose appropriate structuring options in tandem with deal team
• 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
• Support documentation process and negotiate provisions of term sheets, commitment letters, and fee letters with internal and external counsel as well as clients
• Understand and promote bank products
• Maintain and promote client relationships

Primary Portfolio or Asset Management Responsibilities

• 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
• Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities

Additional Responsibilities

• Build relationships across function to foster collaboration between partner groups
• Interact directly with customers to cultivate strong relationships
• Mentor and train rotational analysts and new hires
• Participate in internal initiatives to ensure the business is well-managed and operates efficiently
• Understand and employ all policies and procedures of the Bank. Remain up-to-date on all bank compliance regulatory policies and procedures and on all pending and proposed regulatory changes affecting bank compliance.

Basic Qualifications

• Bachelor’s Degree or Military Experience
• At least 3 years of experience in credit underwriting, portfolio management, or asset management

Preferred Qualifications

• Bachelor's Degree in Accounting, Finance, or other relevant fields
• 3-5 years of experience in credit underwriting, portfolio management, asset management or industry finance
• 1+ year of previous mentorship, coaching and training experience
• Strong analytical and technology aptitude
• Ability to communicate verbally in a concise and clear manner with clients, peers and fellow associates.
• Advanced Microsoft Office skills