Associate- Healthcare Cash Flow Underwriting & Portfolio Management

Employer
Capital One
Location
Elkridge, Maryland
Posted
Nov 19, 2020
Closes
Nov 25, 2020
Ref
38741c483650
Sector
Law
Organization Type
Corporate
Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

Associate- Healthcare Cash Flow Underwriting & Portfolio Management

Capital One Healthcare is a leading provider of financial services to the industry with over $11 billion in total outstanding balances. Customers across healthcare sectors-including senior housing, healthcare services, pharmaceuticals, medical devices, healthcare IT and medical offices-rely on Capital One Healthcare to finance acquisitions, refinance existing debt, support working capital needs and fund growth initiatives. With in-depth expertise, our team of professionals creates solutions tailored to meet the needs of our customers.

Capital One Healthcare is a part of Capital One Commercial Banking, which leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.

Summary:

As an Associate, Underwriting & Portfolio Management, you have advanced beyond the fundamentals of credit risk management and are expected to perform most responsibilities with minimal oversight. In addition to identifying risks and mitigants, you begin to identify and escalate trends or anomalies on individual deals or within the portfolio.

Primary underwriting responsibilities may include:
  • Perform due diligence on industry and company performance; synthesize research and begin to draw conclusions; may start to lead diligence calls
  • Perform thorough financial analysis and identify disparities, risks, and creative ways to mitigate risk
  • Prepare financial modeling inputs with little guidance; understand model mechanics and consider overrides or exceptions
  • Analyze appropriate structuring options considering collateral and borrower valuation
  • Write and prepare credit approval documents; provide meaningful contribution to internal meetings, including deal review and pipeline meetings
  • Coordinate and complete closing process requirements
  • Begin to shadow more senior underwriters on reviewing and negotiating legal documentation
  • Communicate with all external constituents; exhibit a sense of urgency toward meeting client requests
  • Prepare term sheets, commitment letters and fee letters with guidance; basic understanding of credit documents
  • Prepare pricing model for complex deal structures and begin to understand drivers for pricing model outputs


Primary portfolio or asset management responsibilities may include:
  • Demonstrate ownership of a portfolio of existing customers with minimal guidance; may take on more complex or higher volume of accounts
  • Complete annual reviews and both material and non-material modifications independently and on time
  • Monitor and determine upgrades or downgrades to risk ratings
  • Ensure compliance with credit policies and procedures for existing accounts
  • Respond to requests from all internal and external stakeholders
  • Ensure portfolio data is accurate, timely, and complete to ensure strong quality and reporting capabilities
  • Escalate and resolve problem accounts in partnership with other teams and specialists


Additional Responsibilities may include:
  • Build relationships across function and business to foster collaboration between partner groups
  • Mentor and train rotational analysts and new hires
  • Participate in internal initiatives to ensure the business is well-managed and operates efficiently


Desired Characteristics:

Cash Flow underwriting/portfolio management experience

• Familiarization with healthcare industry

• Collaboration skills: Works effectively in cross functional team environment.

• Communication skills: Clearly articulates view point verbally and in writing, fostering confidence when sharing/ presenting information, maintaining open communication across deal teams.

• Dependability: Reliable, responsible, dedicated, committed, and fulfills obligations.

• Takes initiative: Understands deal process and proactively completes subsequent steps in the deal process. Reaches out to others if unsure.

• Prioritization skills: Balances workload and prioritizes effectively. Able to manage self and time to meet commitments.

• Systems proficiency: Proficient in Microsoft Office, including Word, Outlook and Excel and demonstrated ability to learn new systems quickly.

Basic Qualifications:
  • Bachelor's Degree or Military Experience
  • At least 3 years of experience in credit underwriting or at least 3 years of experience in portfolio management or at least 3 years of experience in asset management


Preferred Qualifications:
  • Bachelor's Degree in Accounting, Finance, or other relevant fields
  • At least 5 years of experience in credit underwriting or portfolio management or asset management

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