About the Job The Commercial Banking Underwriting Group is currently seeking experienced Credit Associates (Underwriters). Credit Associates are responsible to review and analyze all types of credit information on existing and prospective customers who generate revenues $10 million and higher within Key's Community Bank. This core underwriting role assists in structuring new requests, as well as completing renewals, while independently managing workflow and communication with field partners. Credit Associates are required to decision loans within an assigned lending authority, and make educated, well-thought recommendations when decisioning requires a higher level approval authority. This position reports to an Underwriting Team Leader within the Community Bank.
Essential Job Functions
Review financial statements and all other relevant financial analysis, as well as non-financial data, to develop a concise and focused analytical foundation for a credit decision.
Collaborate with bankers and credit partners to drive the efficiency and effectiveness of the credit process to meet client expectations.
Responsible for the development of quality credit memos and adherence to Key Bank’s credit policy.
Decision loans within delegated authority or recommend decision to appropriate credit partner.
Monitor and identify risks within the existing portfolio.
Identify and escalate material issues or trends in a timely manner.
Serves as mentor, coach and trainer for the analyst and underwriting staff.
Periodic projects related to the constantly changing risk management environments.
Bachelor's Degree with a preferred focus on Business course work, or equivalent work experience
Prior commercial credit underwriting experience with preference of 3-5 years
Firm understanding of commercial credit underwriting/approval methodologies, including specialized industries, acquisition financing, leveraged finance, and bank participations.
Satisfactory understanding and knowledge of commercial credit policies, procedures, and loan systems (e.g. Moody’s Risk Analyst)
Commitment to core values; Teamwork, Respect, Accountability, Integrity, Leadership
Ability to work well individually, as well as part of a team
Demonstrated business writing and communication/presentation skills
Satisfactory knowledge and proficiency in working with personal computers and business software (e.g. Microsoft Office - Word, Excel, Access and PowerPoint)
Eligibility to work permanently in the U.S.
Internal Number: 29371BR
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
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