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KeyBank Underwriter - CLC (Consumer Loans) in Canton, Ohio

Underwriter - CLC (Consumer Loans)inCanton, OHatKey Bank- Corporate

Date Posted: 3/14/2019

Job Snapshot

  • Employee Type: Full-Time

  • Location: Canton, OH

  • Job Type: Banking

  • Experience: Not Specified

  • Date Posted: 3/14/2019

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

Please note there may be two positions open.

JOB BRIEF (PURPOSE): Underwriter will be able to analyze credit applications, with thorough underwriting skills to determine credit worthiness.

ESSENTIAL JOB FUNCTIONS:

  • Review the credit bureau and credit worthiness of the application while adhering to the stated turnaround time.

  • Obtain values (NADA, Purchase Orders) and review collateral position on collateralized requests.

  • Analyze financial data including personal tax returns; pay stub,W-2 s, pension/award letters, business tax returns, K-1 s, personal financial statement, hoi etc.

  • Ensure that rates and products are within Key s policy

  • Review ALS and HOGAN information as required

  • Review additional documentation including trust agreements, POA s, divorce decrees, etc. when needed.

  • Review appraisals/title work as required

  • Ensure that every loan reviewed is KeyDoc ready

  • Queue management to ensure 1 st in 1 st out process is adhered

  • Accurate and concise messages to Key Centers & Telesales/Sales Support

  • Phone & email communication processed in a professional and productive method

  • Thorough review of all information provided from applicant for loan processing

  • Compliance with all regulatory requirements, including accurate GMI reporting and Dodd Frank procedures

  • Review application for Policy Exceptions/Overrides when warranted

  • Assigned report review

  • Testing and Compliance review as assigned

  • Attend monthly loan review meetings

  • Ensure all Clean Desk procedures are followed

  • Compliance Testing completed as required/assigned

  • Participation in Underwriter Training

  • FID/ACAPS Install Testing

  • Partnership Demonstrations

REQUIRED QUALIFICATIONS: Candidate must:

  • Have a college degree or equivalent work experience

  • Demonstrate excellent verbal and written communication skills

  • Demonstrate teamwork and leadership skills

  • Possess the ability to work in a fast paced environment in a highly regulated and ever changing consumer bank segment

  • Have ability and confidence to make a decision based on their review of specific data

  • Have keen attention to detail and time management skills to effectively process work flow

  • A moderate understanding of personal financial documents like W-2, tax returns, and accounting statements

  • Be proficient in Excel, Word and use of a personal computer

  • Two to Three years prior financial services environment and knowledge of credit scoring and consumer lending regulations a plus

FLSA STATUS: Non-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.

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