Manager, Construction Loan Administration

Capital One, a Fortune 500 company, offers financial products to consumers, small businesses, and commercial clients. We nurture a diverse and inclusive work environment.

Global Enterprise Affairs partners with external and internal stakeholders to create inclusive communities. The Community Finance team builds resident‑centered communities, originating debt and investing in low‑income housing tax credit through proprietary and multi‑investor fund structures.

As a Manager in the Community Finance Construction Loan Administration (CLA) Team, you will manage a portfolio of standard and complex construction loans, primarily in multifamily low‑income housing tax credit transactions. Responsibilities include performing monthly due diligence on draw requisitions, verifying documentation, tracking budgets, and ensuring loan‑agreement compliance while conducting risk mitigation.

• Administer end‑to‑end construction loan lifecycle, including review of documentation, attending closing calls, and setting up the initial draw process.
• Process monthly draw requisitions with full due diligence, manage bank‑controlled accounts (BCAs), track budgets, change orders, and equity contributions.
• Handle general ledger transactions, interest payments, and insurance compliance.
• Monitor maturities, coordinate extensions, process payoffs, and execute permanent loan conversions.
• Lead team training, onboard new members, and drive strategic process‑improvement projects.

• Bachelor’s degree or equivalent military experience.
• At least 5 years of construction loan management experience.
• At least 5 years of accounting and loan operations experience, including direct preparation, review, or processing of loan documents.

• 6+ years of construction loan management experience.
• Experience with construction lending, LIHTC investment or syndication.
• Strong critical thinking, credit analysis, and problem‑solving skills.

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

Annual salary range in McLean, VA: $134,400-$153,300 for Manager, Process Management. Pay ranges vary by location; the actual annualized salary will be reflected in the offer letter. This role may earn performance‑based incentive compensation, including cash bonuses and/or long‑term incentives (LTI).

Capital One offers a comprehensive, competitive set of health, financial, and other benefits that support your total well‑being. Eligibility varies based on full‑time or part‑time status, exempt or non‑exempt status, and management level.

Capital One is an equal‑opportunity employer (EOE), including disability and veteran status, and is committed to non‑discrimination in compliance with applicable federal, state, and local laws. We promote a drug‑free workplace.

Capital One will consider qualified applicants with a criminal history in a manner consistent with applicable laws and regulations, including those in New York, San Francisco, NYC, and Philadelphia.

For information about accommodations, contact Capital One Recruiting at 1‑800‑304‑9102 or Recruitin