• Associate, Commercial Loan Closer Jobs in United States Of America

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  • 0 - 3 Years
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Job Description:

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

Associate, Commercial Loan Closer - Dallas, TX

Job Description

Capital One Commercial Operations is looking for candidates to support the growing Commercial Loan Operations Closing Team The team supports day-to-day operations of loans pertaining to unique or niche industries that require special handling and industry knowledge The primary function is loan closing, booking and funding within the various lines of business in Middle Market Banking that Capital One Commercial Loan Operations supports The role includes analytical components (ie interpreting credit agreements) related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, and driving the closing process for commercial loan products, which include new loans, modifications and extensions The Associate will be the primary contact and decision maker for all aspects of the deal closing process

The ability to learn quickly and to adapt to change are important skills to the role as well as great communication skills and product knowledge Additionally, important is the ability to clearly convey complex concepts and issues in a concise way; as well work collaboratively among stakeholders to help facilitate ongoing change management

Some of the primary functions of the role include

Review complex loan documents, initiate and drive deal closing calls that include internal and external deal team members and counsel

Ensure documentation accurately reflects the intentions of the credit approval

Facilitates teamwork and continuity

Solid knowledge required for role and pursues gaining new knowledge when required

Positively accepts change and engages productively with team and relevant stakeholders

Ensure transactions are closed in compliance with the Banks loan policy and any other requirements designated by the credit approval

Work with Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing

Liaise and coordinate pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Syndication Desk, Borrowers, Lenders)

Demonstrates ability to balance required regulatory and policy requirements when making decisions

Remain current on all pending and proposed regulatory changes affecting compliance

Ensure Know Your Customer KYC requirements have been met prior to closing a transaction

Resolve issues that might impede closing and use judgement to involve the manager and internal counsel when required

Complete post-closing steps to ensure that all necessary documentation is received by downstream partners

Monitor and clear loan exceptions; respond to audit requests

Book and fund new loans and related activities in loan accounting system

Perform process quality reviews of work such as cash break analysis and comprehensive testing of system enhancements

Develop, design, and follow inter-departmental controls and risk reducing processes

Prepare and submit periodic departmental, team, and metric reports

Maintain accuracy and customer satisfaction as the singular priority

Other duties as assigned


Basic qualifications

High School Degree, GED or equivalent certification

At least one year of experience with Commercial Loan Operations

Preferred qualifications

Bachelors degree or military experience

At least three years of experience with Commercial Loan Operations

At least three years of Commercial Loan Closing experience

At least three years of Commercial Loan Servicing experience

At least one year of experience with ACBS

Experience with Intralinks or SyndTrack

Experience with Google Suite

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

No agencies please Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law 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 Citys Fair Chance Act; Philadelphias Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries

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 RecruitingAccommodationcapitalonecom All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations

For technical support or questions about Capital Ones recruiting process, please send an email to Careerscapitalonecom

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site

Capital One Financial is made up of several different entities Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp (COPSSC)

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Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Others - other Industry
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

Company Profile:


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