• Associate , Residential Warehouse Loan Operations Jobs in United States Of America - 25671116

  • CAPITAL ONE FINANCIAL SERVICES CLIENT
  • United States Of America, Usa
  • Save Job
  • 2 - 5 Years
  • Posted : above 1 month

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, Residential Warehouse Loan Operations - Bethesda, MD

The Residential Warehouse Loan Operations team in Bethesda, MD is seeking an Associate, who possesses a thorough understanding of the basic principles governing commercial loan documentation and operations The primary functions of this role include the closing, booking, and ongoing servicing activities for the Financial Institution Groups new Residential Warehousing line of business The Associate will serve as the primary contact for driving the closing process of commercial deals in this portfolio, which includes new loans, modifications and extensions The role includes multiple analytical components such as interpreting legal agreements to board deal terms on our commercial systems and handle ongoing/ad-hoc servicing, reconciliation and remediation related to managing various accruals and balances

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

Responsibilities and Ideal Candidate

Drive the closing process for commercial loan products, including documentation gathering, submission of necessary paperwork, due diligence and working with the Relationship Manager/Underwriting team to gain an understanding of the deal structure

Review legal documents and advise on funding mechanics and operational requirements as it pertains to internal booking locations, regional and currency policies

Ensure that new commercial loans and renewals are closed in compliance with the Banks loan policy and in compliance with any other requirements designated by the credit approval

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

Book and fund new commercial loans, renewals, and modifications in our loan accounting systems

Perform ongoing servicing activities including advances, payments, and maintenance and updates per loan documentation

Perform reconciliation of loan accounting system with our Residential Warehousing collateral management system to ensure all key customer and balance information in alignment

Perform daily reconciliation of clients DDA accounts and outgoing wire verification

Perform process quality reviews of associates work for accuracy and completeness

Articulate and focus within direct sphere of influence and when interacting with outside teams

Independently manages workflow for assigned deals and contributes to team success

Proactively identifies issues/opportunities and progresses appropriately

Develops and provides guidance to others in team by sharing knowledge and training

Can work in an ambiguous environment

Demonstrates ability to balance data with other factors when making decisions

Remain current on all pending and proposed regulatory changes affecting compliance

Other duties as assigned

Ability to complete tasks in a consistent and timely manner

Strong written and oral communication skills

Strong analytical skills, problem solving, and keen attention to details

Strong organizational skills

Strong interpersonal skills and professional demeanor

Basic Qualifications

High School Degree, GED or equivalent certification

At least 1 year of experience with the Loan Closing process

Preferred Qualifications

Bachelors Degree or Military experience

At least 1 year of experience with ACBS, Loan IQ or a similar loan accounting system

At least 1 year of experience with Residential Warehousing Operations

At least 1 year of experience with Loan and Legal Documentation

At least 1 year of experience with Intralinks, SyndTrack or other similar applications

At least 2 years of experience with Word, Excel and PowerPoint

At least 1 year of 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 : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Jul 2020

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