Principal Associate, Agency Multifamily Capital Markets
Job Description:
Capital Markets contains three main areas: loan Pricing, rate locking, and profitability analysis. The group works with the Production & Underwriting team and is responsible for pricing all the loans purchased by Fannie Mae, Ginnie Mae, and Freddie Mac. The team is also responsible for managing relationships with bond investors and bankers in marketing and executing transactions. Finally, the team manages the profitability on a deal by deal basis, performs production analysis and provides intel to the management team sales staff regarding competition and the market. The principal associate of Capital Markets is responsible for:
The Agency Multifamily Capital Markets team is seeking an associate to support the group with a variety of tasks including pricing of all offered Agency Multifamily products, executing Agency CMBS trades, developing & maintaining reports, and conducting industry & market research.
Responsibilities:
- Basic understanding of Freddie Mac, Fannie Mae, and Ginnie Mae Multifamily mortgage products and the broader mortgage finance industry
- Basic understanding of Agency CMBS or other Fixed Income Securities
- Produce and distribute Agency Multifamily Rate Sheets to Production and Underwriting staff on a daily basis, including market commentary, as needed
- Demonstrate the ability around the creation and maintenance of front-end reporting requirements
- Develop and maintain Capital Markets Policies and Procedures
Basic Qualifications:
- Bachelor’s Degree
- At least 3 years of experience in Agency Finance, Securitized Products, or in Capital Markets
Preferred Qualifications:
- Master’s Degree
- 5+ years of Agency Finance experience
- Ability to communicate verbally in a concise and clear manner with clients, peers and fellow associates
_ 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: $119,400 - $136,200 for Principal Associate, AM-FF Capital Markets
McLean, VA: $131,300 - $149,800 for Principal Associate, AM-FF Capital Markets
New York, NY: $143,200 - $163,500 for Principal Associate, AM-FF Capital Markets
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).