Community Finance (CF) Loan and Equity Administration Servicing -Principal Associate

About the role

Global Enterprise Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment, Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement. The Loan Equity Administration team is responsible for the daily activities of the CF Loan and Equity operations and the Community Impact & Investment (CII) Teams.

Responsibilities

The Equity Closer and Servicing associate will report to the Equity Operations Team Lead and manage the end-to-end equity closing process, post-closing administration, and ongoing equity servicing requirements. Primary Responsibilities may include:

• Manage the end-to-end equity closing process, including preparing checklists, technical review of documentation (Operating Agreements, Tax Opinions), and coordinating with internal/external partners to ensure all conditions are met.
• Monitor equity performance, including capital calls, benchmarks, and due diligence, while preparing funding packages and tracking social purpose grant disbursements.
• Perform post-closing administration, including system setup, tracking closing binders, and verifying transaction compliance with credit approval requirements.
• Provide support for debt and equity servicing tasks, including clearing exceptions and responding to audit requests.
• Communicate with peers and business partners regarding transactions and exceptions.
• Effectively and appropriately communicate and escalate problems/issues, updates on daily workflow, associate performance and issue resolution.
• Clear exceptions as needed and respond to audit requests.
• Other duties as assigned.

Qualifications

Basic Qualifications: High School Diploma, GED, or Equivalent Certification. At least 4 years of Loan Closing, Loan Servicing, Construction Loan, or LIHTC equity experience, or a combination.

Preferred Qualifications: Bachelor’s Degree or Military Experience. 5+ years of Loan Closing or Loan Servicing experience, experience or a combination of the two. 3+ years of experience reviewing loan or legal documentation or a combination of the two.

Pay

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting.

• Sales Territory: $98,900 - $112,900 for Principal Process Manager.
• McLean, VA: $108,900 - $124,300 for Principal Process Manager.
• Richmond, VA: $98,900 - $112,900 for Principal Process Manager.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.