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Job Details

Key Bank

Senior Specialist -Real Estate Owned (REO)

Real Estate

Commercial Real Estate


Brooklyn, Ohio, United States

Location: 4910 Tiedeman Road - Brooklyn, Ohio 44144 Hours: Monday- Friday 8am-5pm Location: Hybrid opportunity; working in office 1 day per week (Thursday). 4910 Tiedeman Rd, Brooklyn OH 44144 Job Description Summary: This position is responsible for onboarding, marketing, and selling of Real estate assets obtained through either foreclosure sales or deed in lieu. Candidate must be able to strategically apply resolution logic to meet required compliance, quality, costs, and timeframe needs. Job Description: As part of Real-estate Owned asset management, specialists are responsible for but not limited to: Review assets prior to foreclosure sale and decision to auction or sale traditionally Intake of assets into the system of record upon sale through Foreclosure or Deed in Lieu Knowledge of traditional Real-estate and auction sales process In depth knowledge of and ability to review and monitor occupancy and personal property evictions in multiple States In depth knowledge of and ability to coordinate with foreclosure attorneys and title companies for timely resolution of title curative issues Facilitate recurring vendor performance calls and maintain vendor scorecards Understand investor requirements (HUD, SONYMA, USDA) and ensure compliance with policies and procedures Review Real Estate valuations for accuracy, request reconciliation as required Review marketing packages for accuracy and completeness Review listed properties at regular intervals to determine marketing effectiveness and adjust if applicable Review and accept/deny invoices in Invoice Management Review Deeds, HUD-1/Settlement Statements, and any State required documents for accuracy and prepare for execution as appropriate Coordinate the processing of sales proceeds with default accounting Manage Real-estate Owned Mailbox, Investor related tasks Ability to review offers made on assets and decision to approve/counter/deny offer Adhere to Regulatory, State, Local, Bank requirements and oversight Advanced Microsoft Excel (Advanced formulas, custom views, sort data, graphing variables, pivot tables) Ability to create and monitor Monthly reporting for trending and visibility Action and results oriented With little to no instruction, administers multipart procedures, analysis, tasks and reporting for filing, recording, processing, servicing, and/or organization of documentation associated with a product or process Reviews and ensures proper documentation or procedures are used for complex activities Identifies and resolves intricate issues that do not have established guidelines. May provide service in relation to complex billing inquiries, service requests, complaints Uses independence of thought to solve complex problems and should be seen as an expert by others Recommends and implements programs to solve complex issues, contributes to work flow or process change and redesign, and forms a strong understanding of the specific product or process Accountable for reporting and analysis requests Is fully proficient in duties and works under limited to no supervision Leverages business acumen to advise and consult with leaders within area of expertise; developing ability to draw insight from risk intelligence and make valuable recommendations Problem Solving Excellent communication and documentation skills (verbal and written) Oversees intricate projects Required Education: Bachelor’s Degree or Work Experience Equivalent COMPENSATION AND BENEFITS This position is eligible to earn a base hourly rate in the range of $26 to $28 per hour depending on location and job-related factors such as level of experience. Please click here for a list of benefits for which this position is eligible. Job Posting Expiration Date: 06/30/2024 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