Portfolio Manager - CMBS in Overland Park, KS at Key Bank- Corporate

Date Posted: 11/26/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    11501 Outlook Street
    Overland Park, KS
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/26/2019

Job Description

ABOUT THE JOB

Under the direction of the Vice President of CMBS servicing, the person in this position is responsible for supervising the work performed by the Account Managers. He/she will monitor the work output to insure that all regulatory, investor guidelines, and internal policies and procedures are met.

ESSENTIAL JOB FUNCTIONS

  • Supervise the daily functions performed by the Account Managers. Plan and organize the workflow to achieve maximum productivity.
  • Collaborate with the Vice President of CMBS servicing in determining staffing needs and space. Interview applicants, make hiring recommendations, complete performance appraisals, and recommend salary increases.
  • Train staff members to ensure all procedures are implemented and followed appropriately.
  • Assist Vice President of CMBS servicing in establishing departmental goals to meet company objectives. Continuously evaluate department progress in the attainment of the goals. Prepare monthly progress and status reports.
  • Interact with other departments within the company to facilitate the timely resolution of issues or challenges.
  • Recommend revisions to policies and procedures, and at manager’s discretion, implement subsequent changes to incorporate them into the department workflow.
  • Authorize routine reserve disbursements, escrow analyses refunds and waive late charges following clearly established guidelines.
  • Prepare, plan and review asset summary reports quarterly for their staff.
  • Responsible for preparing the staff and loans for audits. As well as preparing written responses to any findings and for the implementation of any required changes.

MARGINAL OR PERIPHERAL FUNCTIONS

  • Assist the Vice President of CMBS servicing with special projects, as assigned
  • Train new employees

REQUIRED QUALIFICATIONS

  • Four-year college degree
  • Five years commercial real estate servicing experience, including CMBS servicing
  • Excellent verbal and written communication skills, as well as a high degree of analytical skills
  • Experienced in drafting departmental policy and procedure manuals
  • Overall knowledge of property financial statement analysis
  • Overall knowledge of commercial underwriting
  • Knowledge of legal document review and interpretation

PREFERRED QUALIFICATIONS

  • Experienced in preparing departmental annual budgets
  • Background in real estate law, accounting/auditing, or commercial loan underwriting
  • Experience with McCracken/Strategy and RECWeb loan servicing systems
  • Efficient in the use of word processing, spreadsheet, and email software, such as Microsoft Word, Excel and Outlook

EQUIPMENT USED

  • Personal Computer
  • Standard office equipment (phone, fax, copier, calculator)

TRAINING REQUIRED

  • On the job training as required



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.

39139BR

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