Capital One

Capital One

Principal Associate, Construction Loan Administration - Community Finance

McLean, VA · Principal · Part-time

No sponsorship$109k-$124kDetected 22 days ago
AccountingProcess ImprovementCustomer SupportCommunicationProblem SolvingCritical Thinking

About the role

  • We nurture a work environment where people with a variety of thoughts, ideas, and backgrounds, guided by our shared values, come together to make Capital One a great company-and a great place to work.
  • Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.
  • The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.

Responsibilities

  • The Principal Associate manages the entire loan lifecycle, starting with reviewing transaction documentation, attending closing calls, and setting up the initial draw process.
  • encompass the end-to-end administration of construction loans, acting as the primary point of contact for borrowers and coordinating with internal and external partners, including Project Managers, Closers, inspectors, and government agencies.
  • For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Requirements

  • 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.
  • All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

Nice to have

  • Bachelor's Degree or Military Experience
  • 5+ years of experience in construction loan management
  • Experience with construction lending, LIHTC investment or syndication
  • Strong critical thinking, credit analysis and problem solving skills
  • At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
  • Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
  • McLean, VA: $108,900 - $124,300 for Principal Process Manager
  • Chicago, IL: $98,900 - $112,900 for Principal Process Manager

Compensation

  • The minimum and maximum full-time annual salaries for this role are listed below, by location.

Benefits

  • This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).
  • Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
  • 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.
  • Ongoing daily operations include processing monthly draw requisitions with full due diligence, managing bank-controlled accounts (BCAs), and tracking budgets, change orders, and equity contributions.

Company info

  • Principal Associate, Construction Loan Administration - Community Finance
  • Capital One, a Fortune 500 company and one of the nation's top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients.
  • Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people.

Equal opportunity

  • equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws.

Visa & Work Authorization

  • At this time, Capital One will not sponsor a new applicant for employment authorization for this position

This listing is sourced directly from Capital One's careers page and normalized into a canonical job model.