Commercial Real Estate, Senior Closing Officer

Bethesda Metro Center (17049), United States of America, Bethesda, Maryland

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.

Commercial Real Estate, Senior Closing Officer

Commercial Real Estate, Senior Closing Officer- Bethesda, MD

Candidates must be able to operate under limited supervision in performing activities related to overseeing and managing the operational aspects of Fannie Mae and Freddie Mac multifamily mortgage loan closings.

Must be able to handle the pressure of a fast paced GSE closing process and meet strict deadlines while maintaining a high quality of service. Must have superior customer service skills, be detail oriented and self-motivated.

Responsibilities:

-Maintain close communication with customers, originators, third party vendors and underwriters to ensure proper and timely settlement.

-Send written requests or make phone calls to customers, attorneys and other third parties to obtain additional information as required.

-Review and apply new information received regarding investor and underwriting guidelines, company policies, processing procedures, etc.

-Verify underwriting and funding conditions are signed off prior to settlement

-Ability to perform real estate tax and insurance escrow analysis for closing

-Review title requirements for state specific mortgage attachments and /or state mortgage tax requirements.

-Work with insurance analyst to ensure borrower obtains required insurance coverage (casualty, liability, flood, wind, etc.)

-Gather and prepare information for completion of closing documents including 3rd party fees, payoffs and subordinations

-Confirm loan information in all systems are accurate.

-Review and work with closing counsel in the preparation and delivery of closing documents.

-Review final settlement statement for accuracy and compliance, including the verification of seller and lender credits, funds on deposit, and payoff of debt (if applicable).

-Follow up with closing/escrow agent to verify settlement of loan, disbursement of funds and advise of any problems or concerns.

-Meet established productivity levels and turnaround times as set by Manager.

Basic Qualifications:

-Bachelor's degree

Preferred Qualifications:

- Agency commercial mortgage loan closing experience.

- Proficiency in Microsoft Office and Salesforce.

- At least 10 years loan closing experience, 5 of which are in Agency Multifamily

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


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