Capital One

Financial Services

Manager,ConstructionLoanAdministration

$134–153k McLean, Virginia, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid candidates.

The Brief

“Manager, Construction Loan Administration at Capital One. Skills: construction loan management, loan administration, due diligence, risk mitigation. managing a medium- to large-sized portfolio of standard/complex construction loans. performing monthly due diligence on Borrowers’ draw requisitions”

Industry & Context.

Financial Services
Problems you'll solve

problem solving skills

What They're Looking For.

Must Have

Bachelor's Degree or Military Experience, At least 5 years of experience in construction loan management, At least 5 years of experience in accounting and loan operations, including the direct preparation, review, or processing of loan documents

Nice to Have

6+ years of experience in construction loan management, Experience with construction lending, LIHTC investment or syndication, critical thinking, credit analysis and problem solving skills

What You'll Do.

managing a medium- to large-sized portfolio of standard/complex construction loans

performing monthly due diligence on Borrowers’ draw requisitions

verifying documentation

trackingalancing budgeted sources/uses

loan agreement-compliant documentation is received for funding

performing risk mitigation efforts

processing monthly draw requisitions with full due diligence

managing bank-controlled accounts (BCAs)

and equity contributions

handling general ledger transactions

and insurance compliance

monitoring maturities

coordinating extensions

executing permanent loan conversions

How You'll Work.

Team & Collaboration

acting as the primary point of contact for borrowers; coordinating with internal and external partners, including Project Managers, Closers, inspectors, and government agencies; attending closing calls; leading team training; onboarding new members

Process & Methodology

driving strategic process improvement projects

Full Job Description

Manager, Construction Loan Administration Capital One, a Fortune 500 company and one of the nation’s top 10 banks, offers a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our goal is to create one of the nation's great banks, and we have the necessary ingredients: a strong balance sheet, resilient businesses, a massive customer franchise, strong analytical capabilities, and great people. We nurture a work environment where people with a variety of thoughts, ideas, and backgrounds, guided by our shared values, come together to make Capital One a great company—and a great place to work. **About Global Enterprise Affairs and the Community Finance Team:** 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. Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future. Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures. **Role Summary:** A Manager in the Community Finance Construction Loan Administration (“CLA”) Team manages a medium- to large-sized portfolio of standard/complex construction loans, primarily consisting of multifamily low-income housing tax credit (“LIHTC”) transactions, with limited oversight from more experienced CLAs. The role involves taking full responsibility for performing

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