Loan Closing Associate - Commercial Bank

Capital One; Plano (TX); Remote; USD 55,000 - 75,000; Full time

Job summary

Capital One is seeking a Loan Closing Associate within its Commercial Bank, offering virtual/home-based work with travel within 50 miles to Capital One hubs in Plano, Richmond, and Charlotte. The role centers on closing and funding commercial loans, interpreting credit agreements, and ensuring accurate documentation aligned with regulatory expectations.

You will collaborate with Relationship Managers, Underwriters, and external counsel to gather required documents, drive closing calls, and

Responsibilities

• Review complex loan documents, drive deal closing calls that include internal and external deal team members and counsel.
• Ensure legal documentation accurately reflects the intentions of the credit approval.
• Facilitate teamwork and continuity.
• Solid knowledge required for the role and pursues gaining new knowledge when required.
• Positively accept change and engage productively with the team and relevant stakeholders.
• Ensure transactions are closed in compliance with the Bank’s loan policy and any other requirements designated by the credit approval.
• Works with the Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing.
• Liaise and coordinate pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Borrowers, Agent Banks).
• Demonstrate ability to balance required regulatory and policy requirements when making decisions.
• Remain current on all pending and proposed regulatory changes affecting compliance.
• Ensure Know Your Customer “KYC” requirements have been met prior to closing a transaction.
• Resolve issues that might impede closing and use judgment to involve the manager and internal counsel when required.
• Complete post

Job description

Job Title

Loan Closing Associate - Commercial Bank

Job Summary

Are you looking for a challenging role that includes the convenience of working virtually at home? Then a Capital One Commercial Operations role may be the role for you! You must be within 50 miles driving distance from one of our Capital One hub locations in Plano, TX, Richmond, VA or Charlotte, NC. Capital One Commercial Client Operations (CCO) is looking for candidates to support the growing Commercial Loan Operations Closing Team. The team supports day to day operations of loans pertaining to unique or niche industries that require special handling and industry knowledge. The primary function is loan closing and funding within the various lines of business that comprise Middle Market and Municipal Banking. The role includes analytical components (i.e. interpreting credit agreements) related to various loan/fee accruals, calculations as well as ongoing/ad-hoc reconciliation and remediation, and driving the closing process for commercial loan products, which include new loans, modifications and extensions. The Associate will be the primary contact and decision maker for all aspects of the deal closing process.The ability to learn quickly and to adapt to change are important skills to the role, as well as excellent verbal and written communication skills and product knowledge. Additionally, important is the ability to clearly convey complex concepts and issues in a concise way; as well work collaboratively among stakeholders to help facilitate ongoing change management – all while living our core values.

Responsibilities

• Review complex loan documents, drive deal closing calls that include internal and external deal team members and counsel.
• Ensure legal documentation accurately reflects the intentions of the credit approval.
• Facilitate teamwork and continuity.
• Solid knowledge required for the role and pursues gaining new knowledge when required.
• Positively accept change and engage productively with the team and relevant stakeholders.
• Ensure transactions are closed in compliance with the Bank’s loan policy and any other requirements designated by the credit approval.
• Works with the Relationship Manager/Underwriter to understand the transaction and make sure that all relevant documentation is obtained for a timely closing.
• Liaise and coordinate pre-closing requirements with internal and external clients (Underwriter, Relationship Manager, Borrowers, Agent Banks).
• Demonstrate ability to balance required regulatory and policy requirements when making decisions.
• Remain current on all pending and proposed regulatory changes affecting compliance.
• Ensure Know Your Customer “KYC” requirements have been met prior to closing a transaction.
• Resolve issues that might impede closing and use judgment to involve the manager and internal counsel when required.
• Complete post