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Principal Associate, Construction Loan Administration – Community Finance at Capital One | JobVerse
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Principal Associate, Construction Loan Administration – Community Finance
Capital One
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Principal Associate, Construction Loan Administration – Community Finance
McLean, Illinois, United States of America
Full Time
10 hours ago
$108,900 - $124,300 USD
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Key skills
Critical Thinking
Problem Solving
About this role
Role Overview
Manage a medium
to large-sized portfolio of standard/complex construction loans.
Perform monthly due diligence on Borrowers’ draw requisitions.
Verify documentation and track/balance budgeted sources/uses.
Ensure proper documentation is received for funding while performing risk mitigation efforts.
Act as the primary point of contact for borrowers and coordinate with internal and external partners.
Manage the entire loan lifecycle, including reviewing transaction documentation, attending closing calls, and setting up the initial draw process.
Process monthly draw requisitions with full due diligence and manage bank-controlled accounts (BCAs).
Monitor maturities, coordinate extensions, process payoffs, and execute permanent loan conversions.
Lead team training, onboard new members, and drive strategic process improvement projects.
Requirements
High School Diploma, GED or Equivalent Certification
At least 3 years of experience in construction loan management
At least 3 years of experience in accounting and loan operations, including the direct preparation, review, or processing of loan documents.
Bachelor’s Degree or Military Experience (Preferred)
5+ years of experience in construction loan management (Preferred)
Experience with construction lending, LIHTC investment or syndication (Preferred)
Strong critical thinking, credit analysis and problem solving skills (Preferred)
Benefits
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
Performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).
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