Discover Financial

Principal Associate, Construction Loan Administration - Community Finance

McLean, VA, USA · Principal · Part-time

No sponsorship$109k-$124kDetected 16 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.

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

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.

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

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

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.

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

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

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