Capital One Senior Associate SBA Loan Documentation & Closing Specialist 

United States, Texas, Plano 

518524908

General 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 SBA Express, 7A and 504 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, applicable government related Standard Operating Procedures (“SOP”) and with any other requirements designated by the 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/or SBA SOP standards.

• Analyze due diligence documentation and prepare necessary lien perfection documents to protect banks security interest in pledged collateral.

• Assist in identifying and clearing any exceptions within the appropriate time periods.

• 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.

Basic Qualifications:

• At least 5 years of experience in Banking or Financial Services

• At least 2 years of experience of SBA Loan Closing experience (Express, 7a and 504)

• At least 2 years of customer service experience in a consumer, mortgage, or commercial lending support role

Preferred Qualifications:

• Associates Degree or higher in Accounting or Finance

• Business Management courses or paralegal certification

• At least 5 years of experience in loan administration and documentation

• At least 5 years of experience of SBA Loan Closing experience (Express, 7a and 504)

• At least 5 years of customer service experience in a consumer, mortgage, or commercial lending support role

This role is hybrid meaning associates spend 3 days per week in-person at one of our offices listed on this job posting. Fridays are enterprise- wide virtual work days. Monday, Tuesday, Wednesday and Thursday are in-person days for associates to spend time together working in our beautifully-designed team areas.