KeyBank Underwriter II - Private Bank in Brooklyn, Ohio
Underwriter II - Private BankinBrooklyn, OHatKeyBank
Date Posted: 11/21/2020
Employee Type: Full-Time
Location: 4910 Tiedeman Road Brooklyn, OH
Date Posted: 11/21/2020
Headquartered in Cleveland, Ohio, KeyCorp (Key) is one of the nation s largest financial services companies. Key provides investment management, retail and commercial banking, consumer finance and investment banking products to individuals and companies throughout the United States and, for certain businesses, internationally.
Our goal is to be the best regional bank in the U.S. What that means is we put our clients needs first and take a customized approach to meeting those needs. At Key we ve made a promise to our clients that they will always have a champion in us. To deliver on that promise, we re committed to building a team of engaged employees who do the right thing for our clients and help them achieve their financial goals each and every day.
About the Job
Private Banking Underwriters are experienced consumer/commercial underwriters who are responsible for reviewing and analyzing all types of credit information on existing and prospective Key Private Bank clients. Private Banking Underwriters may also underwrite Non-Owner Occupied Real Estate (NOORE) transactions. This core underwriting role assists in structuring new requests, as well as completing renewals, while independently managing workflow and communication with field partners. Underwriters are required to decision loans within an assigned lending authority, and make educated, well-thought out recommendations when decisioning requires a higher level approval authority. This position reports to an Underwriting Team Leader.
Essential Job Functions
Review financial statements and all other relevant financial analysis as well as non-financial data to develop a concise focused analytical foundation for a credit decision.
Collaborate with bankers, senior banking advisors, 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.
At least two years of commercial, consumer (preferably for Private Bank/High Net Worth clients), or NOORE underwriting experience.
Firm understanding of commercial, consumer, or NOORE credit underwriting/approval methodologies.
Satisfactory understanding and knowledge of commercial credit policies, procedures, and loan systems
Bachelor's Degree with a preferred focus on Business course work, or equivalent work experience
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 communications/presentation skills
Satisfactory knowledge and proficiency in working with personal computers and business software (e.g. Microsoft Office - Word, Excel)
Eligibility to work permanently in the U.S.
FLSA STATUS: Exempt
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.