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Sr. Underwriter, KCCB in Cleveland, OH at Key Bank- Corporate

Date Posted: 5/21/2020

Job Snapshot

  • Employee Type:
  • Location:
    127 Public Square
    Cleveland, OH
  • Date Posted:

Job Description

Responsible for conducting the analysis, creating the approval package and recommending approval for all credit proposals for new KeyBank Business Capital Clients. Supports the Business Development Officer (BDO) in developing a “trusted advisor” relationship based upon knowledgeable advice that is aligned to the Client’s’ or Prospect’s’ business or industry. Partnering with RM/BDO, meets with Clients on financing and/or financial modeling. Recommends appropriate structure for credit product(s).

  • Conducts the analysis and underwriting of all new Client transactions. Proposes recommended structure and accumulates all data necessary to perform focused analysis.
  • Participates within the site visits and is actively involved in discussions with the appropriate Client representative (CFO and/or Client senior management) throughout the underwriting process.
  • Assists in coordinating and reviewing third party collateral and field exam reports.
  • Ensures an efficient and effective transfer of knowledge from the BDO to the Portfolio Manager.
  • Reviews financial statements and all other relevant financial and non-financial data to develop a concise, focused analytical foundation for a credit decision.
  • Provides value-added feedback through the use of risk/mitigant analysis.
  • Focuses on the liquidity and cash flow outlook as a foundation for the credit’s projected performance.
  • Practices disciplined use of the technology, tools and procedures (MRA, Risk Rating, ROE, KBBC excel tools, credit policy guidelines, etc.).
  • Constructs unique analysis/tables/illustrations when appropriate to support the underwriting.
  • Proactively engages with deal teams to recommend solutions, generate ideas, address arising issues and/ or anticipate challenges.
  • Follow market activity and trends including trends inside and outside of asset based lending markets, and deliver actionable advice to deal structurers/BDO.
  • Identify and discuss the material industry risks and the methods used by the Client to successfully compete.
  • Proven understanding of the importance of balancing business development and asset quality.
  • Bachelor’s Degree in accounting, finance, economics, or related field.
  • Outstanding commercial credit skills, analytical skills, and financial acumen.
  • Two years of experience within a commercial credit analysis role.
  • Possess good knowledge of bank products and markets including ABL, securitizations, institutional debt, public and private bonds, etc.


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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