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Capital One · 7 hours ago

Associate, Tax Credit Operations (New Market Tax Credit)

Plano, TX

Full-time

Hybrid

Entry Level

$65K/yr - $74K/yr

1+ years exp

Capital One is a financial services company seeking an Associate for their Tax Credit Operations team. The role involves managing a portfolio of tax credit investment products, processing loan and equity requests, and ensuring compliance with legal documents.

BankingCredit CardsFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

Manage a portfolio of active credit facilities and equity investments for New Markets Tax Credit

Process loan and equity requests (draw downs, pay downs, interest payments); interest and exchange rate fixing, manual interest and fee calculations, as well as, billing and liquidations

Work closely with respective business units and other internal partners to align needs and provide support as needed

Perform manual loan tracking enhancements, cash breaks analysis, reconciliations of interest fees and letters of credit, and comprehensive testing of system enhancements

Review of, and extraction from, legal documents for compliance, interpretation and operational viability

Develop, design, and implement inter-departmental controls, risk-reducing processes

Serve as liaison for both borrowers, lenders and investors by responding, resolving, and expediting inquiries, discrepancies, and special requests

Establish and maintain Customer Satisfaction through positive and constructive client relations

Qualification

Commercial Loan OperationsAdvanced Commercial Banking SystemTax Credit ProductsAccount ReconciliationAnalytical ThinkingWorkload ManagementAdaptive ThinkingTech FluencyDesign MindsetProblem-SolvingCommunication SkillsInterpersonal SkillsTeam Collaboration