Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $87 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices; a network of 1,576 ATMs; telephone banking centers 800-KEY2YOU® (800-539-2968); and a website, Key.com®, that provides account access and financial products 24 hours a day.
About the Job
This position works closely with Mortgage Bankers (MBs) to provide loan origination and deal structuring support under all permanent lending programs. This includes partnering with KeyBank’s investors including Fannie Mae, Freddie Mac, FHA, Affordable Housing, CMBS Partners and Life Companies.
What you’ll gain from this opportunity
A competitive base salary + discretionary bonus
Generous benefits – 401(k) matching (dollar-for-dollar up to 6%), PTO, fitness and tuition reimbursement and so much more.
Paid on the job training and access to a library of on-demand professional development, training courses and formal enterprise mentoring program.
Act as the liaison between the client and Mortgage Banker with respect to all permanent loan analysis.
Collaborative environment with internal stakeholders in shepherding client throughout the loan process.
Access to Key’s leadership team in providing frequent, timely and accurate market feedback.
KeyBank is a 2019 top five lender overall, and the 7th largest commercial real estate/multifamily mortgage originator.
Essential Job Functions
Develops detailed working knowledge of underwriting parameters and requirements of all permanent lending products.
Models loan submissions in order to determine the viability of loan requests.
This function will include direct communication with borrowers, KeyBank Relationship Managers, and mortgage brokers and assists MBs in drafting loan applications.
Prepares loan submissions to third party capital lending sources and aids in the processing of the loans with third party investors. Assists MBs in shepherding loans through the due diligence and closing process.
Assists with business development by tracking transactions and fostering relationships with borrowers, brokers and investors.
We seek candidates who possess strong accounting, finance, analytical, organizational and communication skills. The candidate must also possess tremendous intellectual curiosity and be able to solve problem. They should present solid literacy with Microsoft Office, Microsoft Teams and financial spreadsheets. They should also be able to prioritize projects based on deadlines.
The candidate should have a minimum of 2 years in Commercial Real Estate financial analysis and a bachelor’s degree from a four-year college or university. A Master’s Degree in Real Estate Finance or Business may substitute for direct experience. Prior experience with Agency lending is a plus.
Candidates are expected to demonstrate a high level of attention to detail, be resourceful and flexible, with the ability to work effectively under pressure. The ideal candidate is driven and self-motivated, with the ability to work both independently and as a team player.
Careers at Key
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $92.9 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices; a network of 1,335 ATMs; telephone banking centers ; and a website, Key.com®, that provides account access and financial products 24 hours a day