Manager, Construction Loan Administration

Responsibilities

• Manage a medium- to large-sized portfolio of complex construction loans, specifically multifamily low-income housing tax credit (LIHTC) transactions.
• Perform monthly due diligence on borrower draw requisitions, including documentation verification and tracking budgeted sources/uses.
• Act as the primary point of contact for borrowers and coordinate with internal and external partners such as Project Managers, Closers, and inspectors.
• Manage the end-to-end loan lifecycle, including transaction document review, closing coordination, and initial draw setup.
• Oversee daily operations including bank-controlled accounts (BCAs), budget tracking, change orders, equity contributions, and insurance compliance.
• Monitor loan maturities, coordinate extensions, process payoffs, and execute permanent loan conversions.
• Lead team training, onboard new members, and drive strategic process improvement projects.

Requirements

• High School Diploma, GED, or equivalent certification.
• At least 5 years of experience in construction loan management.
• At least 5 years of experience in accounting and loan operations.
• Experience with the direct preparation, review, or processing of loan documents.

Preferred Qualifications

• Bachelor’s Degree or Military Experience.
• 6+ years of experience in construction loan management.
• Experience with construction lending, LIHTC investment, or syndication.
• Strong critical thinking, credit analysis, and problem-solving skills.

Benefits

• Comprehensive, competitive, and inclusive health and financial benefits.
• Performance-based incentive compensation, which may include cash bonuses or long-term incentives.
• Support for total well-being, including mental and physical health resources.

About the Company

Capital One is a Fortune 500 company and one of the nation’s top 10 banks, offering a broad spectrum of financial products and services to consumers, small businesses, and commercial clients. Our Community Finance team builds inclusive, thriving resident-centered communities by investing in low-income housing tax credits to catalyze opportunity and promote well-being.