Description
We are seeking a Senior Manager with a demonstrated track record in affordable housing origination to join a team focused on sourcing mission- and strategy-aligned Low Income Housing Tax Credit (LIHTC) multi-family housing development opportunities.
The ideal candidate brings established developer and syndicator relationships from day one, sound judgment operating within regulatory and credit constraints, and market intelligence to identify opportunities.
Primary Responsibilities Include:
- Identify, source and lead the origination efforts of LIHTC multi-funds
- Cultivate and develop deep relationships with Syndicators, leveraging existing industry connections
- Provide market intelligence to inform sourcing strategy and deal flow
- Partner with internal teams to ensure adherence to regulatory and credit policies
- Contribute to process improvements to enhance operational efficiency
- Represent Capital One in relevant industry board and community engagements
Basic Qualifications:
- Bachelor’s degree or military experience
- At least 5 years of experience in business development, underwriting, asset management, or portfolio management or any combination of the four in the field of affordable housing or commercial real estate
Preferred Qualifications:
- 11+ years of experience in affordable housing or community development
- 3+ years of experience with Low Income Housing Tax Credit (LIHTC)
- 4+ years of experience in community development lending or investments
- Deep understanding of LIHTC Multi-funds, including upper-tier review and expertise
The minimum and maximum full-time annual salaries for this role are: Charlotte, NC: $182,500 - $208,300 Chicago, IL: $182,500 - $208,300 McLean, VA: $200,700 - $229,100
This role is also eligible to earn performance-based incentive compensation, which may include cash bonus(es) and/or long-term incentives (LTI).
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.