Senior Commercial Loan Closing & Documentation Specialist

Capital One; Plano (TX); Hybrid; USD 81,000 - 92,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Capital One seeks a Senior Associate, Loan Documentation & Closing Specialist in Plano, TX to coordinate loan closings, prepare and review loan documents, and ensure compliance with bank policy and regulatory requirements while delivering an exceptional customer experience.

The role involves handling complex lending documents, liaising with underwriters and clients, and mentoring newer staff, with a hybrid work model (3 days in-office).

Qualifications

• High School Diploma, GED or equivalent certification.
• At least 3 years of experience in Microsoft Office or G Suite.
• At least 3 years of experience in Banking or Financial Services.
• At least 3 years of experience of Loan Closing experience.
• At least 3 years of customer service experience in Small Business or Commercial lending support role.

Responsibilities

• Apply job knowledge and documentation expertise to a diverse array of complex lending products.
• Prepare complex commercial loan documents using in-house and third party documentation software platforms (LaserPro, Etran, Word templates) for new loans, renewals, extensions and modifications.
• Conduct lien searches and related due diligence tasks to determine appropriate actions to resolve outstanding lien issues and deliver lien documents to designated vendors.
• Review loan documents prepared by other associates or outside counsel to ensure compliance with the Bank's loan policy, applicable banking regulations, SOP and credit approval authority, and authorize the closing of such loans.
• Review organizational documents, appraisals, surveys, flood determinations & flood policies and other third party documents to ensure conformity with bank and SBA SOP standards.
• Analyze due diligence documentation and prepare necessary lien perfection documents to protect banks security interest in pledged collateral.
• Coordinate the issuance of letters of credit, including renewals and amendments.
• Interact with underwriters, relationship managers, customers, agent banks, attorneys, title companies and insurance agents to ensure all conditions are met for closing.
• Instruct new associates and serve as a training resource for less experienced associates in the department.
• Manage a complex workload that includes multiple tasks and conflicting priorities.
• Remain current on all pending and proposed regulatory changes affecting compliance and attend seminars and workshops covering regulatory and compliance issues.
• Maintain expert knowledge of lending processes, loan principles and terminology related to banking laws and regulations, as they pertain to loan disclosures and requirements.
• Maintain expert knowledge of commercial Real Estate loan documentation, collateral perfection, title insurance, UCC due diligence, compliance requirements, lending policies and procedures and loan/funding terminology.

Skills

Customer service

Microsoft Office

G Suite

Banking or Financial Services

Loan Closing experience

Education

High School Diploma or equivalent

Bachelor’s Degree or military experience

Tools

LaserPro

Etran

Word templates

Job description

Capital One seeks a Senior Associate, Loan Documentation & Closing Specialist in Plano, TX to coordinate loan closings, prepare and review loan documents, and ensure compliance with bank policy and regulatory requirements while delivering an exceptional customer experience.

The role involves handling complex lending documents, liaising with underwriters and clients, and mentoring newer staff, with a hybrid work model (3 days in-office).