Description:
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. Fridays are enterprise- wide virtual work days. Monday, Tuesday, Wednesday and Thursday are options for in-person days for associates to spend time together working in our beautifully-designed team areas.
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: $193,000 - $220,300 for Sr. Manager, Sr. Counsel