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Principal Loan Operations Coordinator Job Details

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Principal Loan Operations Coordinator (Ref: 617946)
Sector, Sub Sector: Other
Compliance Type: Regulatory/Compliance
Expertise: -
Company: Capital One
Location: Plano
Employment Type: Permanent
Job Description:


JOB FUNCTION:

Responsible for all phases of Escrow Monitoring including but not limited to:



  • Obtaining and paying property tax or insurance notices to avoid possible tax liens or insurance cancellations


  • Establishing and maintaining Escrow records for tax and insurance


  • Ensure timely disbursement of payments of taxes and insurance


  • Ensure all inital and annual Escrow Analysis are performed within prescribed timelines


  • Taking prompt and appropriate action to resolve delinquent property taxes or insurance


  • Ensuring adequate hazard and flood insurance exists


  • Responsible for providing information to clients regarding consumer loans.


  • Responsible for identifying, researching, solving and/or responding to requests, inquiries, and problem situations in a timely manner.


  • Tax tracking of non-escrow accounts greater than $500k


  • All other duties assigned




The Retail Loan Operations Coordinator performs his/her duties with limited supervision and has few errors.








Basic Qualifications:
• High School Diploma, GED or Equivalent

• 3 years in a bank or financial institution with experience maintaining tax and insurance records, handling collateral, documenting loans, and/or working in loan operations, or comparable experience.








Preferred Qualifications:
• Knowledge of multiple taxing jurisdictions

• Knowledge of various insurance policies with concentration on flood and hazard

• Proficient working in Excel and Word.

• Working knowledge of the various types of loan documents associated with installment loans

• Understanding of the principles relating to the perfection of security interests in collateral and installment loan documentation

• Understanding of the bank's policies, procedures and practices that impact the installment loan operations function

• Knowledge of installment loan accounting systems

• Good organizational skills.

• Ability to effectively manage time.

• Independent and self motivated.

• Detail oriented.

• Excellent verbal and written communication skills.

• Good interpersonal techniques.

• Ability to work under stress and meet deadlines.

• Ability to read and interpret a document.





Title: Principal Loan Operations Coordinator

Level: Principal Coordinator

Location: Plano, TX




Capital One will not file non-immigrant visa petitions for alien workers.

As a recipient of TARP funding and under ARRA regulations, Capital One will not sponsor new H-1B petitions or transfer existing H1B Visas.





Job Ref No: 617946