Capital One Jobs – Commercial Operations

Website Capital One

Job Description:

The Principal Associate (Team Lead) will plan and drive the closing process for commercial loan products, including managing interactions and communications with all stakeholders (External Counsel, RM, UW, Client). They will also be responsible for directing the work and overseeing the professional development of junior closing associates.

Job Responsibilities:

  • Oversee performance management of the team (recruitment, hiring, training, reviews; collaborate with management and other team leads).
  • Solid knowledge required for the role and pursues gaining new knowledge when required.
  • Resolve issues that might impede closing and use judgment to involve the manager and internal counsel when required.
  • Direct the work and assist in the development of closing associates.
  • Remain current on all pending and proposed regulatory changes affecting compliance.
  • Monitor team performance and accuracy metrics; assist with clearing loan exceptions; respond to audit requests.
  • Liaise and coordinate pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Syndication Desk, Borrowers, Lenders).
  • Demonstrate ability to balance required regulatory and policy requirements when making decisions.
  • Complete post-closing steps to ensure that all necessary documentation is received by downstream partners.
  • Ensure transactions are closed in compliance with the Bank’s loan policy and any other requirements designated by the credit approval.
  • Ensure Know Your Customer “KYC” requirements have been met prior to closing a transaction.
  • Work with Relationship Managers/Underwriters to understand the transaction and ensure that all relevant documentation is obtained for a timely closing.
  • Review complex loan documents, drive deal closing calls that include internal and external deal team members and legal counsel.
  • Ensure legal documentation accurately reflects the intentions of the credit approval.
  • Positively accept change and engage productively with team and relevant stakeholders.
  • Facilitate teamwork and continuity.

Job Requirements:

  • Paralegal certificate
  • Bachelor’s Degree or Military Experience
  • At least 2 years of People Management experience
  • High School Diploma, GED or equivalent Certification
  • At least 5 years of experience with the commercial loan closing process
  • At least 1 year of experience with ACBS
  • At least 1 year of experience with Intralinks or SyndTrak
  • At least 1 year of experience working with the syndication industry

Job Details:

Company: Capital One

Vacancy Type: Full Time

Job Location: Plano, TX, US

Application Deadline: N/A

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