Associate, Commercial Loan Closing (construction Loans)

Capital One

Richmond, VA, USA
Base: $66,700 - $83,700; bonus/equity: performance...
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Review complex loan agreements and budgets
Manage construction draw process for borrowers
Ensure compliance with lien law and bank policy
** Capital One is seeking an Associate for Commercial Loan Closing, specifically focused on construction loans. This fully remote role requires candidates to be within 50 miles of Richmond, VA, or McLean, VA, and involves managing the drawing process for commercial loans while ensuring compliance with loan agreements. **

Job Summary

  • The Associate drives the drawing process for commercial loan products including ground-up construction, renovations, and tenant improvements.
  • Candidates must reside within 50 miles of Richmond or McLean, VA, and be available to come into the office with 24 hours notice.
  • This role offers a competitive salary range between $66,700 and $83,700 depending on location, along with performance-based incentives.

Matching Summary

Match Score: 75

** Capital One is seeking an Associate for Commercial Loan Closing, specifically focused on construction loans. This fully remote role requires candidates to be within 50 miles of Richmond, VA, or McLean, VA, and involves managing the drawing process for commercial loans while ensuring compliance with loan agreements. **

Salary

Base: $66,700 - $83,700; Bonus/Equity: Performance based incentive compensation eligible; Benefits: Comprehensive health, financial and other benefits

Skills & Requirements

Must-have

  • Review complex loan agreements and budgets
  • Manage construction draw process for borrowers
  • Ensure compliance with lien law and bank policy
  • Coordinate funding with asset managers and engineers
  • Maintain secure home office with high-speed internet

Nice-to-have

  • Ability to balance required lien law requirements
  • Positive acceptance of change and team engagement
  • Strong judgment in resolving project funding issues
  • Proactive pursuit of new knowledge and skills

Key Requirements

  • 1 year banking operations or financial services experience
  • High School Diploma, GED or equivalent certification
  • US work authorization (no sponsorship provided)
  • Experience reviewing Loan or Legal Documentation

Work Rights

Must have US work authorization

Tailored Resume

Cover Letter