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

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

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.

Capital One’s Community Finance team originates debt and equity to support affordable housing development. Community Finance provides debt financing and invests in low-income housing credits through proprietary and multi-fund equity fund structures. 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 (Loan Closing, Loan Booking, Construction Funding, Perm Loans and Equity Administration to ensure the accuracy of loan and LIHTC equity assets from the closing process through payoff and working with several internal partners to ensure a scalable and well-managed business.

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.

• 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

Overall, in this role, it will be important to be a learner -- curious and willing to learn new things (including beyond immediate area of focus/expertise) and comfortable with a fluid feedback (seeking, receiving, and giving) environment. Influence and communication are also especially significant; the ability to influence both external and internal customers to achieve positive outcomes, including under difficult circumstances, is key to the opportunity.

• At least 4 years of Loan Closing, Loan Servicing, Construction Loan, or LIHTC equity experience, or a combination

• 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

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

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

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace.

Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.