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Senior Business Loan Advocate

Capital One


Location:
Richmond, VA
Date:
09/18/2017
2017-09-182017-10-17
Job Code:
capitalone2-R34592
Categories:
  • Financial Services
  • Management
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Job Details

Company Capital One

Job Title: Senior Business Loan Advocate

JobID: capitalone2-R34592

Location: Richmond, VA, 23261, USA

Description: Locations: VA - Richmond, United States of America, Richmond, Virginia



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.



Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.



Senior Business Loan Advocate



**Summary:**



The Senior Business Loan Advocate is an experienced, qualified individual who is responsible for coordinating loan closings, preparing and reviewing loan documents, booking and funding loans, and ensuring all loan documents are accurately prepared in accordance with Bank policy and regulatory requirements, while providing an exceptional customer experience.



**General Responsibilities** **:**



+ Apply job knowledge and documentation expertise to a diverse array of complex lending products to include commercial and government guaranteed loan programs.

+ Prepare complex commercial loan documents using in-house and third party documentation software platforms (LaserPro, TSoftPlus, Etran, SBA One and Word templates) for 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 and other third party documents to ensure conformity with bank and/or SOP standards.

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

+ Accurately book and fund loans in a timely fashion.

+ 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, 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.



**General Qualifications:**



+ High School Diploma, GED or Equivalent Certification or military experience

+ At least 5 years of banking, or financial services experience

+ At least 2 years of Commercial and/or government guaranteed experience in loan administration and documentation

+ At least 2 years recent customer service experience in a consumer, mortgage, SBA or commercial lending support role

+ At least 3 years experience of lending processes, loan principles and terminology related to banking laws and regulations, as they pertain to loan disclosures and requirements.

+ At least 3 years experience of consumer, commercial or SBA loan documentation, collateral perfection, title insurance, UCC filing, compliance requirements, lending policies and procedures, and loan/funding terminology.

+ Equivalent combination of education, training, commercial loan processing, documentation, and/or paralegal experience may be considered.



**Preferred Qualifications:**



+ **Associate's Degree or higher in Accounting and/or Finance, supplemented with Business Management courses or paralegal certification**

+ **7+ years of banking and financial services experience**

+ **5+ years of Commercial and/or** **government guaranteed** **experience in loan administration and documentation**

+ **5+ years of customer service experience in a consumer, mortgage,** **government guaranteed** **or commercial lending support role**



**At this time, Capital One will not sponsor a new applicant for employment authorization for this position.**



At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               


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