Associate, Tax Credit Operations (New Market Tax Credit)
Capital One is a financial services company seeking an Associate for their Tax Credit Operations team. The role involves managing a portfolio of tax credit investment products, processing loan and equity requests, and ensuring compliance with legal documents. Responsibilities Manage a portfolio of active credit facilities and equity investments for New Markets Tax Credit Process loan and equity requests (draw downs, pay downs, interest payments); interest and exchange rate fixing, manual interest and fee calculations, as well as, billing and liquidations Work closely with respective business units and other internal partners to align needs and provide support as needed Perform manual loan tracking enhancements, cash breaks analysis, reconciliations of interest fees and letters of credit, and comprehensive testing of system enhancements Review of, and extraction from, legal documents for compliance, interpretation and operational viability Develop, design, and implement inter-departmental controls, risk-reducing processes Serve as liaison for both borrowers, lenders and investors by responding, resolving, and expediting inquiries, discrepancies, and special requests Establish and maintain Customer Satisfaction through positive and constructive client relations Skills High School Diploma, GED, or equivalent certification At least 1 year of experience in banking operations Bachelor's Degree or Military experience 2+ years of experience in Commercial Loan Servicing or Commercial Loan Operations 2+ years of experience using Advanced Commercial Banking System (ACBS) Benefits Performance based incentive compensation Cash bonus(es) Long term incentives (LTI) Comprehensive, competitive, and inclusive set of health, financial and other benefits Company Overview Capital One is a financial services company that provides banking, credit card, auto loan, savings, and commercial banking services. It was founded in 1994, and is headquartered in Mclean, Virginia, USA, with a workforce of 10001+ employees. Its website is