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Full-Time

Senior Syndication Loan Closing Associate

Confirmed live in the last 24 hours

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Fintech
Financial Services

Senior

Plano, TX, USA + 2 more

More locations: Richmond, VA, USA | Charlotte, NC, USA

Must be within 50 miles driving distance from the Capital One hub location in Richmond, VA, Plano, TX, or Charlotte, NC.

Category
Commercial Banking
Finance & Banking
Requirements
  • High School Diploma, GED or equivalent certification
  • At least 2 years of Commercial Loan Syndication (agent or participant) experience
Responsibilities
  • Support the closing of syndicated loans where Capital One is the Administrative Agent. Serve as the operational point of contact for the syndicate lender group during the pre-closing process
  • Support loan closings for a variety of products, across various industries including commercial real estate, sponsor finance, middle market & energy banking & products including construction loans, letters of credit & foreign currency
  • Review complex legal documents and commercial loan documents to ensure documentation accurately reflects the intentions of the credit approval, that it complies with bank policies & procedures, industry standards, and is operationally feasible to support
  • Provide feedback on draft documents pertaining to loan booking and servicing mechanics.
  • Coordinate the completion of pre-closing requirements with internal & external clients (underwriters, syndication desk, borrowers, lenders, and legal counsel)
  • Collection of third-party reports (appraisals, environmental), & commercial insurance in consultation with real estate & insurance specialists
  • Resolve issues that might impede closing and use judgment to involve the manager and internal partners when required
  • Execute loan closing, funding & booking activities in ACBS in collaboration with all parties
  • Execute and/or review of Transaction Summary Forms, wire set-up/approval and new deal bookings
  • Monitor and prompt resolution of exception reporting and cash reconciliation outages.
  • Create or assist in drafting of operational incident reports; partnering with Commercial Risk on root cause analysis, remediation and prevention
  • Effectively communicate deal information & coordinate hand-offs to the life-of-loan servicing team
  • Compile collateral package & route to Collateral Monitoring group
  • Coordinate the closing of ongoing amendments as the Administrative Agent
  • Additional tasks include, the reconciliation of cash breaks & fee income, generation of reports & metrics, and testing of process & system enhancements

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system while providing comprehensive support and resources to help customers make informed financial decisions.

Company Stage

Series A

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

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Simplify's Take

What believers are saying

  • Capital One's extensive range of financial products and services provides ample opportunities for career growth and specialization.
  • The company's commitment to financial inclusion and literacy offers employees a chance to make a meaningful impact on communities.
  • Strategic partnerships and investments, such as those with Stripe, Adyen, and StrongDM, indicate a forward-thinking approach and potential for innovation.

What critics are saying

  • The competitive financial services landscape requires Capital One to continuously innovate to maintain its market position.
  • The end of the consumer card partnership with Walmart could impact customer acquisition and revenue streams.

What makes Capital One unique

  • Capital One's focus on financial inclusion and no-fee banking solutions sets it apart from traditional banks that often have more restrictive fee structures.
  • Their strategic partnerships with fintech giants like Stripe and Adyen for fraud prevention highlight their commitment to leveraging technology for enhanced security.
  • Capital One's collaboration with educational platforms like Khan Academy underscores their dedication to financial literacy, a unique value proposition in the financial services sector.

Benefits

Medical, Dental, & Vision coverage

Onsite Health Centers

Prescription saving with network of local pharmacies

Stock Purchase Plan

Education Assistance

401(k)

Flexible Spending Accounts

Life and Disability insurance

Generous paid time off + corporate & floating holidays

Registered dieticians on site, cooking classes and free virtual fitness classes

Employee Assistance Program