Capital One

Capital One

Principal Associate, Construction Loan Administration - Community Finance

McLean, VA · Principal · Part-time

No sponsorship$109k-$124kDetected 112 days ago
AccountingProcess ImprovementCustomer SupportCommunicationProblem SolvingCritical Thinking

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odds of building a lasting career here

50Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role88
Entry-level history0
PERM / green-card track0
Lottery odds (Level II)66
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~30% per draw at Level II). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

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Employer immigration record

from this employer's Department of Labor filings

Green-card filing pattern in this occupation

Context, not a finding about this posting: of this employer's 4 green-card filings in this occupation, 100% were for a worker who already held the job.

Files H-1B transfers

96 transfer filings in the last year, covering 96 workers. Median labor-condition decision: 7 days. An employer that already files transfers is one that can take over an existing H-1B.

Sourced from Department of Labor LCA, PERM and prevailing-wage disclosure data. Employer matching is by name, so figures may be split across an employer's legal entities. Absence of a filing means none appears in our copy of the data, not that none exists.

Community outcomes

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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.
  • Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being.

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.

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

  • 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.

Visa & Work Authorization

  • At this time, Capital One will not sponsor a new applicant for employment authorization for this position
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This listing is sourced directly from Capital One's careers page and normalized into a canonical job model.