Agency Asset Manager I - Inspections

Capital One · McLean, VA · 3 wk ago

Management$119k–$136k/yrFull-time

Overview

The Principal Associate plays a key role responsible for conducting comprehensive physical inspections of multifamily assets supporting Underwriting and Asset Management. This position will be a member of the Agency Finance Asset Management team, primarily focused on Fannie Mae and Freddie Mac collateral inspections.

Responsibilities

Property Condition Assessments (PCAs): Perform comprehensive physical inspections of apartment buildings, including building systems (HVAC, plumbing, electrical), structural integrity, roofs, and exterior grounds.
Agency Compliance & Standards: Ensure all inspections meet specific agency guidelines.
Documentation & Reporting: Produce detailed, photographic reports outlining the current condition, necessary repairs, and estimated costs (Immediate Repairs and Replacement Reserves).
Safety and Compliance: Identify deferred maintenance, safety hazards (like mold, water damage, or electrical issues), and compliance with local building codes.
Unit Inspections: Access a representative sampling of apartment units to verify conditions and compliance with property standards, typically coordinating access with property management.
Ability to conduct walkthroughs of large properties, including climbing ladders to inspect roofs and walking around extensive grounds.
Frequent travel to different locations
As requested, prepare loan and portfolio level status reports
Comply with all Investor monitoring and reporting requirements

Qualifications

Basic Qualifications:

Bachelor’s Degree or military experience
At least 2 years of experience in commercial real estate, property management
At least 2 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience

Preferred Qualifications:

Bachelor's Degree in Business, Finance, or Economics
At least 4 years of experience in commercial real estate, property management
At least 3 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
At least 3 years of experience with loan asset management
At least 3 years of experience conducting site inspections with a firm understanding of MBA Guidelines
Knowledge of Fannie Mae and Freddie Mac inspection requirements
Knowledge of Property Condition Assessments (PCAs)
Ability to use cameras and software for data collection and report submission
Strong written and oral communication skills
High level of proficiency in Microsoft Office or Google Suite (Excel, Word, PowerPoint)
Qualified GSE Inspector

Benefits

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.

Pay

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.

Schedule

This role is expected to accept applications for a minimum of 5 business days. No agencies please.

Equal Opportunity Employer

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.

Contact Information

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.

Technical Support

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Third Party Information

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