Senior Agency Closing Officer
Capital One
Senior Agency Closing Officer
Job Description
Overview
The Senior Agency Closing Officer will have a keen understanding of Agency requirements as it relates to closing loans, and a good understanding of crossover relationships between Originations, Underwriting, Closing, Servicing and Asset Management. Responsible to operate with autonomy and limited supervision in performing activities related to overseeing and managing the operational aspects of Fannie Mae and Freddie Mac multifamily mortgage loan closings. Able to analyze issues and process information for sound decision making. Must be able to handle the pressure of a busy mortgage finance company and independently meet strict corporate and GSE regulatory 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.
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.
Bachelor’s degree or Military experience
At least 4 years of Agency Commercial Mortgage Loan Closing experience
5+ years of Agency Commercial Mortgage Loan Closing experience
5+ years of Salesforce experience
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaMcLean
Salary
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- agency loan closingintermediate
- mortgage operationsintermediate
- customer serviceintermediate
- analytical decision makingintermediate
- communicationintermediate
- quality controlintermediate
- troubleshootingintermediate
Required Qualifications
- Bachelor’s degree or Military experience (experience)
- At least 4 years of Agency Commercial Mortgage Loan Closing experience (experience)
- 5+ years of Agency Commercial Mortgage Loan Closing experience (experience)
- 5+ years of Salesforce experience (experience)
Responsibilities
- Maintain close communication with customers, originators, third party vendors and underwriters
- Guide deal team through transaction specific matters
- Review title requirements for state specific mortgage attachments
- Work with insurance analyst to ensure borrower obtains required insurance coverage
- Review final settlement statement and Disbursement Ledger for accuracy and compliance
- Follow up with closing/escrow agent to verify settlement of loan
- Confirm loan information in all bank and GSE delivery systems/portals
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Senior Agency Closing Officer @ Capital One.
Related Books and Jobs
Senior Agency Closing Officer
Capital One
Senior Agency Closing Officer
Job Description
Overview
The Senior Agency Closing Officer will have a keen understanding of Agency requirements as it relates to closing loans, and a good understanding of crossover relationships between Originations, Underwriting, Closing, Servicing and Asset Management. Responsible to operate with autonomy and limited supervision in performing activities related to overseeing and managing the operational aspects of Fannie Mae and Freddie Mac multifamily mortgage loan closings. Able to analyze issues and process information for sound decision making. Must be able to handle the pressure of a busy mortgage finance company and independently meet strict corporate and GSE regulatory 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.
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.
Bachelor’s degree or Military experience
At least 4 years of Agency Commercial Mortgage Loan Closing experience
5+ years of Agency Commercial Mortgage Loan Closing experience
5+ years of Salesforce experience
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.comCapital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Locations
- McLean, Virginia McLean, VirginiaMcLean
Salary
130,000 - 220,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- agency loan closingintermediate
- mortgage operationsintermediate
- customer serviceintermediate
- analytical decision makingintermediate
- communicationintermediate
- quality controlintermediate
- troubleshootingintermediate
Required Qualifications
- Bachelor’s degree or Military experience (experience)
- At least 4 years of Agency Commercial Mortgage Loan Closing experience (experience)
- 5+ years of Agency Commercial Mortgage Loan Closing experience (experience)
- 5+ years of Salesforce experience (experience)
Responsibilities
- Maintain close communication with customers, originators, third party vendors and underwriters
- Guide deal team through transaction specific matters
- Review title requirements for state specific mortgage attachments
- Work with insurance analyst to ensure borrower obtains required insurance coverage
- Review final settlement statement and Disbursement Ledger for accuracy and compliance
- Follow up with closing/escrow agent to verify settlement of loan
- Confirm loan information in all bank and GSE delivery systems/portals
Benefits
- general: comprehensive, competitive, and inclusive set of health, financial and other benefits
Answer 10 quick questions to check your fit for Senior Agency Closing Officer @ Capital One.
Related Books and Jobs