Community Finance (CF) Loan and Equity Administration Servicing -Principal Associate

Discover Financial
United States
Workplace: OnsiteFull timeUSD 108,900 - 124,300 annuallyFunction: Finance & AccountingExperience: 4+ yearsEducation: high_schoolSkills: ["Communication","Influence","Issue escalation","Attention to detail","Problem-solving"]

Own the end-to-end equity closing and post-closing administration for community finance transactions. Prepare checklists, review operating agreements and tax opinions, coordinate partners, and ensure conditions are met. Monitor equity performance (capital calls, benchmarks, due diligence), manage funding packages, track grant disbursements, and support ongoing servicing tasks including exception handling and audit responses in a fast-paced, stakeholder-driven environment.

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Discover Financial
Discover Financial
4 weeks ago

Community Finance (CF) Loan and Equity Administration Servicing -Principal Associate

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Last checked: 2 hours agoStatus: Live

Job Summary

Own the end-to-end equity closing and post-closing administration for community finance transactions. Prepare checklists, review operating agreements and tax opinions, coordinate partners, and ensure conditions are met. Monitor equity performance (capital calls, benchmarks, due diligence), manage funding packages, track grant disbursements, and support ongoing servicing tasks including exception handling and audit responses in a fast-paced, stakeholder-driven environment.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Manage the end-to-end equity closing process, including checklists, technical review of documentation, and coordination to satisfy conditions.
  • •Monitor equity performance (capital calls, benchmarks, due diligence) and prepare funding packages while tracking social purpose grant disbursements.
  • •Perform post-closing administration, including system setup, tracking closing binders, and verifying compliance with credit approval requirements.
  • •Support debt and equity servicing activities, including clearing exceptions and responding to audit requests.
  • •Communicate with peers and business partners on transactions and exceptions, and escalate problems/issues and workflow updates as needed.

Pay and Benefits

Salary: USD 108,900 - 124,300 annually

Key Requirements

  • •High School Diploma, GED, or equivalent certification.
  • •At least 4 years of Loan Closing, Loan Servicing, Construction Loan, or LIHTC equity experience (or a combination).
  • •3+ years of experience reviewing loan or legal documentation (preferred).
  • •5+ years of Loan Closing or Loan Servicing experience (preferred).
  • •Bachelor’s degree or military experience (preferred).
Experience:4+ years
Education:High School
Skills:CommunicationInfluenceIssue escalationAttention to detailProblem-solving

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn