Commercial Real Estate Agency Lending - Loan Closing Coordinator

Employer
Capital One
Location
Bethesda, Maryland, United States
Posted
Nov 22, 2022
Closes
Dec 07, 2022
Ref
R159073
Function
Finance
Hours
Full Time
Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

Commercial Real Estate Agency Lending - Loan Closing Coordinator

The Loan Administrator I is an entry level position into Loan Administration that is required to gather, organize and track loan documentation for varying types of commercial products and collateral under the supervision of more experienced Loan Administrators. The position is responsible for confirming that loans handled by Loan Administration are closed in compliance with credit approval authority and that all documents required by Bank policy have been received. This level is monitored by a supervisor to ensure proper documentation, policies, procedures, and general practices are in conformity with Bank standards and guidelines.

In this position you will operate under supervision of Loan Closing Officer in performing activities related to Fannie Mae and Freddie Mac multifamily mortgage loan closings. Must be able to handle the pressure of a busy mortgage finance company and meet strict deadlines while maintaining a high quality of service. Must have superior customer service skills, be detail oriented, and self-motivated.

Responsibilities:

● Maintain communication with customers, originators, third party vendors and underwriters to ensure proper and timely closing

● Prepare loan documentation as may be necessary, including initial drafts of various documents for review by the Closing Officer

● Assist closing officer in verifying underwriting and funding conditions are signed off prior to settlement

● Confirm loan information in all systems is accurate

● Prepare an initial draft of the lender's settlement statement, including confirming all lender costs are appropriately and accurately reflected

● Assist in coordinating loan funding logistics

● Assist in coordinating loan file delivery requirements

● Meet established productivity levels and turn around times as set by the Manager

Basic Qualifications:

● High School Diploma, GED, or Equivalent Certification

Preferred Qualifications:

● Bachelor's degree or military experience

● At least 3 years of administrative and/or related loan closing experience

● Experience with Word, Excel and PowerPoint

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

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No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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