Job Information
KeyBank Underwriter II in Buffalo, New York
Underwriter IIinBuffalo, NYatKeyBank
Date Posted: 2/12/2021
Job Snapshot
Employee Type: Full-Time
Location: Buffalo, NY
Date Posted: 2/12/2021
About Us
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.
Job Description
THIS POSITION CAN BE LOCATED IN Cleveland, OH; Akron/Canton, OH; Columbus, OH; Pittsburgh, PA and Buffalo, NY.
ABOUT THE JOB
Credit Associates are experienced Underwriters who are responsible for reviewing and analyzing all types of credit information on existing and prospective customers. 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.
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 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.
REQUIRED QUALIFICATIONS
Business Banking Credit Associate:
At least two years of commercial underwriting experience
Bachelor's Degree with a preferred focus on Business course work, or equivalent work experience
Firm understanding of commercial credit underwriting/approval methodologies.
Satisfactory understanding and knowledge of commercial credit policies, procedures, and loan systems
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. without sponsorship
Middle Market Credit Associate:
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. without sponsorship
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.
44731BR