Director, Community Finance Underwriting – Stabilized Proprietary, Multifund

Capital One

Director leading underwriting and portfolio management at Capital One focused on affordable housing finance. Overseeing risk management and strategic leadership within the Community Finance team.

Posted 6/9/2026full-timeMcLean • Illinois, North Carolina, Virginia • 🇺🇸 United StatesLead💰 $209,500 - $263,000 per yearWebsite

About the role

Key responsibilities & impact

Provide strategic direction and oversight for the underwriting and portfolio management team
Lead internal approvals primarily for equity transactions and any related debt, ensuring structural integrity and alignment with Capital One’s risk appetite
Oversee risk assessment and lifecycle management of equity investments
Proactively manage emerging lower-tier and upper-tier portfolio risks
Drive innovation and continuous process improvements
Lead, mentor, and advocate for a high-performing team of underwriters and portfolio managers

Requirements

What you’ll need

Bachelor’s degree or military experience
At least 10 years of experience in underwriting, asset management, portfolio management or any combination of the three in the field of affordable housing or commercial real estate
Master’s degree in Finance, Real Estate, or a related field (preferred)
Extensive experience in construction lending, LIHTC equity underwriting, equity asset management, or fund management (preferred)
5+ years of people leadership experience (preferred)

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off
Performance based incentive compensation

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

underwritingportfolio managementasset managementconstruction lendingLIHTC equity underwritingequity asset managementfund managementrisk assessmentlifecycle managementprocess improvements

Soft Skills

strategic directionleadershipmentoringadvocacyteam managementinnovationcommunicationcollaborationproblem-solvingdecision-making