Capital One Principal Syndication Loan Closing Associate - Team Lead 

United States, Texas, Plano 

31296794

Plano 3 (31063), United States of America, Plano, Texas Principal Syndication Loan Closing Associate - Team Lead

The Principal Associate will drive the syndicated loan closing process in support of the underwriter, capital markets and the syndicate bank group, including the review of credit approvals, legal documentation, due diligence, & funding & booking mechanics. The ability to learn quickly and to adapt to change are important skills in this role. Additionally, important are effective communication skills, product knowledge & the ability to clearly convey complex concepts and issues in a concise way.

Responsibilities:

• Manage a team of 5 Senior Associate Loan Closers

• Provide coaching and feedback to associate to develop and promote continuous growth in their role

• Maintain closing pipeline report and provide status updates to management on performance of closing team

• Ability to work to tight deadlines and meet demands of multiple stakeholders

• Ability to influence a variety of individuals in order to accomplish objectives

• Strong written and oral communication skills and attention to details

• Review new opportunities with RM and Underwriter to identify any aspects of deal that have adverse impacts on closing, booking, and/or funding processes

• Work with RM and Underwriter on selection and engagement of external counsel

• Coordinate, organizes and verifies documentation received from external counsel and all other parties, ensuring documents are complete and accurately represent the approved transaction

• Ensure compliance with all loan requirements, commitment and approval conditions, policies and procedures using prudent closing practices and proper documentation

• Manage the schedule for loan closing, including ensuring that all necessary tasks are completed for a timely and effective closing

• Work with all parties to resolve issues that arise during the closing process

• Provide authorization for closing to occur as well as approval of booking and funding instructions

• Maintain close communication with all parties to ensure proper and timely settlement

• Ensure that all documentation packages are compiled accurately and routed in a timely manner

People Leadership Responsibilities:

• Performance Management, Talent Management, team meetings, etc.

• Stakeholder management

• Any secondary review/oversight responsibilities (approving wires, approving in ACBS Pipeline/Servicing, etc.)

• Monitoring of exception reporting, timely resolution of cash reconciliation outages. Supporting team with resolution of complex outages.

• Create or assist in drafting of operational incident reports; partnering with Commercial Risk on root cause analysis, remediation and prevention.

Work from Home Technology Requirements:

• A secure home office environment that is free from background noise and distractions

• A reliable private internet connection that isnotsupplied via cellular data or hotspot

  • A private network that is password protected where you have ownership or line of sight to every device on the network

  • Internet service must be provided by Cable or fiber Internet Service Provides (ISP)

  • Hotspots and satellite services are prohibited and do not meet performance criteria required for optimal agent/customer interactions

  • ISP download speeds on VPN must be at least 5Mbps, with 10+ Mbps preferred

  • To validate ISP speeds from a Chrome browser, go to, type Speed Test and run from the Google landing page

• Both Hardwire and WiFi internet connections are acceptable as long as speed and security requirements are met

Capital One reserves the right to request proof of internet provider, speed and service package from the associate. Requirements are subject to change, as new systems and technology are delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice. Internet Service Provider specs can change by provider and location within the US. If you are experiencing consistent issues with internet stability Capital One reserves the right to ask the agent to upgrade internet service to ensure a good customer experience.

Work from Home Living Requirements:

• Candidates must live within approximately 50 miles of one of the hub locations based in 23238, 75024 or 28203 and be comfortable coming in person whenever required with no less than 24 hours notice.

Basic Qualifications:

• High School Diploma, GED or equivalent certification

• At least 3 years of Commercial Loan Agent Syndication experience

• At least 1 year of People Leadership experience

Preferred Qualifications:

• Bachelor's Degree or Military experience

• 2+ years of People Leadership experience

• 2+ years experience with Sponsor (Private Equity) backed Closings and Legal documentation

• 4+ years of Commercial Loan Booking or Commercial Loan Servicing experience

• 4+ years of Loan Syndication experience

• 3+ years of experience with ACBS

. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.