Sr. Field Examiner in Various at Key Bank- Corporate

Date Posted: 1/5/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Various
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    1/5/2020

Job Description

ABOUT THE JOB
Responsible for verifying the quality of collateral pledged to the Bank to secure commercial loans. Performs collateral examinations focusing on accounts receivable and inventory for prospective and existing borrowers. Travel is required to visit client facilities.

ESSENTIAL JOB FUNCTIONS
Performs initial exams for prospective client evaluation, recurring scheduled field examinations for existing Asset Based Lending clients, and exams of clients of other divisions of the Bank, as assigned.

Meets with the Relationship Managers, Portfolio Managers and Field Examination Manager before each assignment to define exam objectives, during exams as circumstances warrant to discuss issues, and after exams to thoroughly communicate examination findings and recommendations.

Communicates exam findings and recommendations in a written report to Field Examination Manager and Portfolio Manager, revealing and discussing significant issues, and recommending corrective measures for issues noted.

Conducts peer review on examinations performed by other departmental examiners. Tracks hours spent on each job to ensure proper billing to the client or internal cost center.

When an issue develops during on-site work, the Examiner must be capable of isolating the issue, potentially creating a workpaper specifically designed to best analyze the concern. Assist the Field Exam Manager in the training of a new Examiner.

REQUIRED QUALIFICATIONS
  • 4 years of experience performing field exams of Asset Based Lending clients.
  • Either a Bachelor’s degree in Accounting OR comparable experience in the Accounting industry with strong knowledge of all aspects of accounting/bookwork and its intricacies.
  • Demonstrate a clear understanding of accounts receivable and inventory as collateral.
  • The ability to make logical and well supported audit conclusions and recommendations regarding accounts receivable, inventory, accounts payable and other pertinent field examination areas.
  • The ability to design and implement appropriate field exam procedures when unusual collateral or reporting circumstances exist.
  • Strong knowledge of Excel, to include writing complex Excel formulas

PREFERRED QUALIFICATIONS
  • Knowledge of data extraction tool Monarch Pro or AssetReader
  • Completion of CFA Field Examiner and Inventory Evaluation seminar series


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.

39300BR

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