Closing Officer I - Bethesda, MD

  • Company: Capital One
  • Location: Bethesda, Maryland
  • Posted: December 14, 2016
  • Reference ID: R15827
Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

Closing Officer I - Bethesda, MD

Role: Closing Officer I

Internal Level: Principal Associate

Location: Bethesda, MD

The Closing Officer will plan and drive the closing process for the commercial loan products, including managing interactions with all stakeholders

  • Review new opportunities with Relationship Manager (RM) and Underwriter to identify any aspects of deal that have adverse impacts on closing, booking and funding processes
  • Work with RM and Underwriter on Selection and engagement of external counsel
  • Coordinate, organize and verifie documentation received from external counsel and all other parties, ensuring documents are complete and accurately represent the approved transaction
  • Ensure compliance with all loan requirements, commitment and approval conditions, policies and procedures using prudent closing practices and proper documentation
  • Manage the schedule for loan closing, including ensuring that all necessary tasks are completed for a timely and effective closing
  • Work with all parties to resolve issues that arise during the closing process
  • Provide authorization for closing to occur as well as approval of booking and funding instructions
  • Maintain close communication with all parties to ensure proper and timely settlement
  • Ensure that all documentation packages are compiled accurately and routed in a timely manner
  • Direct the work of the closing administrator
  • Maintain closing pipeline report and provide status updates to management on performance of closing team

  • Bachelor’s degree or military experience
  • At least 5 years of Loan Closing experience

  • Paralegal certificate
  • Familiarity with all types of commercial loan documentation
  • Strong written and oral communication skills
  • Ability to influence a variety of individuals to accomplish objectives

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

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