1+ months

Manager, Commercial Real Estate - Architectural/Structural Engineer I

Capital One
New York, NY 10007
  • Jobs Rated
    173rd
NYC 299 Park Avenue (22957), United States of America, New York, New York

At Capital One, were building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Manager, Commercial Real Estate - Architectural/Structural Engineer I

Summary:

This person will be responsible for all real estate loan technical services for the division. This includes the review and approval of plans, specifications, budgets, schedules, contracts and reports. Also, performs site inspections when necessary or requested. Qualifies and engages outside consultants to perform pre-closing analysis and monitoring inspections. All of these are key elements in protecting Capital One Banks loan assets.

Responsibilities:

Review project plans, specifications, construction agreements, cost, budgets, and project schedules as required under the terms of our construction loan commitments, as a key element in the loan closing and disbursement process

Analyze and mitigate risks to Capital One Bank

Perform occasional site inspections of work in process on construction loans when required or requested. Attend progress meeting with outside consultants, developers, and contractors

Review third-party inspection reports for completeness, accuracy, and compliance with Capital One Banks requirements

Work closely with internal teams such as, Construction Loan Administration and Portfolio Management to monitor the construction loan

Make recommendations for funding, budget, and schedule adequacy

Attend Real Estate/Portfolio Management Construction Meetings to present project status and/ or potential issues

Provide monthly status report on construction loans to the Real Estate Department Manager

Inspect properties representing collateral on construction loans in conjunction with annual credit reviews to provide a check of the physical condition of collateral. Occasionally perform annual reviews/inspections on real estate collateral for term loans

Qualify, hire, and manage work products of specific outside consultants authorized to perform construction and inspection services for Capital One Bank

Perform additional functions to include, but not limited to, review of Property Condition Assessments, Seismic Risk Assessments, and Planning and Zoning reports related to term and construction loans

Basic Qualifications:

Bachelors Degree or Military Experience

Preferred Qualifications:

Bachelors Degree in Architecture, Engineering (Civil or Structural), or Construction Management

Registered Architect or Professional Engineer

At least 1 year of financial services industry experience engaging directly with commercial real estate transactions and construction

At least 1 year of consulting experience with a focus on lender construction monitoring scope of services

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

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Jobs Rated Reports for Real Estate Agent

Posted: 2020-05-25 Expires: 2020-08-30

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Manager, Commercial Real Estate - Architectural/Structural Engineer I

Capital One
New York, NY 10007

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Real Estate Agent
173rd2018 - Real Estate Agent
Overall Rating: 173/220
Median Salary: $45,900

Work Environment
Very Poor
178/220
Stress
Very High
201/220
Growth
Poor
168/220
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