Associate, Commercial Loan Closing (construction Loans)

Capital One

McLean, VA, US
Mclean, va: $73,300 - $83,700; richmond, va: $66,7...
On-site (within 50 miles of mclean, va or richmond, va)
Construction loan closing
Commercial loan products
Borrower and asset manager liaison
Capital One is seeking an Associate for Commercial Loan Closing focused on construction loans in McLean and Richmond, VA. The role involves managing the draw process for commercial loans, ensuring compliance with loan agreements, and interacting with various stakeholders

Job Summary

  • The Associate, Loan Closer (Construction Loan Administrator) drives the drawing process for commercial loan products, which include ground-up construction, renovations, and tenant improvements.
  • The Associate will be the primary contact for the Borrower and Asset Manager for all aspects of the construction draw process.
  • Candidates must live within approximately 50 miles from one of the hub locations based in 23238 or 22102 and be comfortable coming in person whenever required with no less than 24 hours notice.

Matching Summary

Match Score: 75

Capital One is seeking an Associate for Commercial Loan Closing focused on construction loans in McLean and Richmond, VA. The role involves managing the draw process for commercial loans, ensuring compliance with loan agreements, and interacting with various stakeholders.

Salary

McLean, VA: $73,300 - $83,700; Richmond, VA: $66,700 - $76,100; Bonus/Equity: Performance based incentive compensation; Benefits: Comprehensive, competitive, and inclusive set of health, financial and other benefits

Skills & Requirements

Must-have

  • Construction loan closing
  • Commercial loan products
  • Borrower and Asset Manager liaison
  • Loan agreement compliance
  • Secure home office environment

Nice-to-have

  • Positive change acceptance
  • Teamwork and continuity facilitation
  • Proactive knowledge seeking

Key Requirements

  • 1 year of banking operations or financial services experience
  • High School Diploma, GED or equivalent certification
  • 2+ years of loan closing or construction funding experience
  • 2+ years of experience reviewing Loan or Legal Documentation
  • 2+ years of experience with ACBS
  • 2+ years of experience with Intralinks or SyndTrack
  • Bachelor’s Degree or Military experience

Work Rights

Not specified

Tailored Resume

Cover Letter