Senior Manager, Senior Counsel - Commercial Real Estate: Agency Finance (Hybrid)
Capital One’s Legal Department is seeking an experienced commercial real estate finance attorney to support its growing Commercial Bank. This is a great opportunity to join an outstanding team at a Fortune 100 Company that is consistently voted one of the best places to work in the U.S. You will be one of the critical and primary subject matter experts supporting our multibillion-dollar Commercial Real Estate (CRE) business, a segment within the Commercial Bank that provides permanent and construction financing for a broad range of project types, including multifamily housing, industrial facilities, and retail, as well as financing for REITS, real estate funds, and bridge lending. Within the CRE segment, you will provide legal counsel to the Multifamily Agency Finance business (Agency Finance), spanning Fannie Mae, Freddie Mac and FHA/HUD production, asset management, and servicing. You’ll have the opportunity to work on a wide-range of innovative and sophisticated transactions and projects with an exceptional group of legal and business professionals in a collaborative and supportive environment that values your insights.
Responsibilities Include:
- Providing legal support to Agency Finance as a trusted advisor and strategic partner to the transaction teams and other internal partners
- Partnering with Agency Finance business partners, Risk and Compliance to evaluate GSE and/or FHA program requirements and develop policies and procedures for compliance, monitoring and reporting
- Tracking and managing negotiation of sub-servicing documentation in connection with Freddie Mac securitizations and assist with interpretation of sub-servicing obligations for existing securitizations from an asset management and servicing perspective
- Engaging and overseeing outside legal counsel in an effective and efficient manner
- Partnering collaboratively with other internal counsel and business teams in the Commercial Bank and across the enterprise
- Advising Commercial Bank business partners on communications with external parties, including customers, regulators, partners, industry trade groups and outside law firms
- Providing thought and strategic leadership on relevant industry and regulatory developments
- Leading projects such as the development of negotiation guidelines and training sessions
- Partnering with the Operations team to drive process improvements
**Basic Qualifications: **
- Juris Doctor from an accredited law school
- Active member in good standing of at least one state bar
- At least 4 years of experience as an attorney in a law firm, at a government agency, as a military judge advocate or as in-house counsel
- At least 2 years of legal counsel experience focusing on multifamily agency finance transactions
Preferred Qualifications:
- 5+ years of experience in a law firm, in-house legal department, or a combination with a focus on multifamily agency finance transactions (working with Fannie Mae and/or Freddie Mac related transactions)
- Working knowledge of commercial real estate lending issues involving title insurance, surveys, zoning, and flood, casualty/liability insurance
- Excellent oral and written communication skills
- Strong ability to quickly understand the business needs and partner with the business
** At this time, Capital One will not sponsor a new applicant for employment authorization for this position. **
**This role is hybrid meaning associates spend 3 days per week in-person at one of our offices listed on this job posting. **
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.
McLean, VA: $200,700 - $229,100 for Sr. Manager, Sr. Counsel
New York, NY: $219,000 - $249,900 for Sr. Manager, Sr. Counsel
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.
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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).