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Capital One · 1 day ago

Senior Agency Closing Officer

McLean, VA

Full-time

Onsite

Mid, Senior Level

$164K/yr - $187K/yr

4+ years exp

Capital One is a leading financial services company seeking a Senior Agency Closing Officer. This role involves overseeing and managing the operational aspects of multifamily mortgage loan closings, ensuring compliance with Agency requirements, and providing exceptional customer service while meeting strict deadlines.

BankingCredit CardsFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

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

Guide deal team (Analyst and Coordinator) through transaction specific matters for timely and accurate completion

Advanced communication skills to express thoughts on complex matters to ensure an accurate understanding is received resulting in positive collaboration

Send clearly stated written requests or clear and concise verbal communications with customers, attorneys and other third parties to obtain additional information as needed

Independently comprehend and assess new information received regarding investor and underwriting guidelines, and able to offer input as to handling of such information company policies, processing procedures, etc

Independently troubleshoot inconsistent information to ensure accurate information is utilized

Ability to independently analyze complex information in order 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

Collaborate closely with Underwriting and Legal to work through transaction specific issues and be able to independently think through and offer solutions when problems arise

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

Meticulous with work product review to spot incorrect information in work product

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

Verify underwriting and funding conditions are signed off prior to settlement

Confirm loan information in all bank and GSE delivery systems/portals are accurate

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

Review final settlement statement and Disbursement Ledger 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 and be able to effectively communicate reasoning when expectations need to be revised

Sharp understanding of Agency requirements and Closing process to ensure a high level of Quality Control