Principal Member & Direct Loan Closing Associate - Team Lead

Capital One - Plano, TX

Full-time - Mid Level

Remote - Plano, TX

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Principal Member & Direct Loan Closing Associate - Team Lead role at Capital One involves leading a team responsible for the closing process of commercial loan products. This position requires a thorough understanding of loan documentation and security interests, as well as the ability to manage and mentor associates in a remote work environment. The role includes analytical tasks related to loan agreements and requires strong collaboration with various teams to ensure efficient operations.

Responsibilities

• Lead a team of Loan Closing associates responsible for driving the closing process for commercial loan products.
• Monitor the closing pipeline to ensure closings are assigned to associates according to experience and capacity.
• Coordinate efforts with peers to establish best practices across all lines of businesses.
• Establish and maintain strong working partnerships with the deal team; lead regular touchpoints to address challenges and influence strategic initiatives.
• Identify and address knowledge gaps within the team; develop and provide guidance through knowledge sharing and formal training.
• Leverage metrics and KPIs to monitor team and associate performance; communicate performance to direct manager during regular touchpoints.
• Represent the team during regular performance and talent management cycles.

Requirements

• High School Diploma, GED or equivalent certification
• At least 3 years of Loan Closing or Loan Servicing experience in Commercial or Business Banking
• At least 1 year of experience leading a team

Nice-to-haves

• Bachelor's Degree or Military experience
• 2+ years of experience leading a team
• 2+ years of experience with Sponsor (Private Equity) backed Closings and Legal documentation
• 4+ years of Commercial Loan Closing or Commercial Servicing experience
• 4+ years of Loan Syndication (agent or participant) experience
• 3+ years of experience with ACBS

Benefits

• Work from home
• Comprehensive health benefits
• Financial benefits
• Inclusive workplace environment