Account Manager II - Private Label in Overland Park, KS at Key Bank- Corporate

Date Posted: 8/16/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    11501 Outlook Street
    Overland Park, KS
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/16/2018

Job Description

ABOUT THE JOB

Under the direction of the Manager – Portfolio Services – Agency, the person in this position is responsible for servicing a commercial real estate portfolio in the most timely, efficient and responsible manner in order to protect the interest of investors and minimize risk to KeyBank. This is accomplished within the parameters of the servicing agreements, loan documents, policies and procedures, and applicable laws.

ESSENTIAL JOB FUNCTIONS

  • Understanding of the regulations, guidelines and policies that govern the Agencies.
  • Review loan documents, policies and procedures, Agency Guide and Pooling and Servicing Agreements.
  • Travel as required: Conduct subservicing audits as applicable for Master Servicing roles.
  • Monitor assigned portfolio in order to ensure compliance with specific requirements pursuant to contractual servicing agreements.
  • Institute and administer directives involving changes in servicing standards (i.e. establishing and implementing new technologies for reporting property inspections and financial analysis).
  • Perform intensive loan servicing for those loans designated by investor or servicer as not meeting their standards for performance, as well as for those loans recently returning to a performing status after bankruptcy, default or workout.
  • Perform watchlist updates, and follow internal policies and applicable guidance from appropriate third parties (special servicers, master servicers, etc.).
  • Generate income through transaction fees and the timely collection of late charges and default interest in order to ensure the profitability of the Servicing Division and KeyCorp.
  • Monitor and administer the posting of all loan payments in accordance with the loan documents.
  • Monitor inspection completion and applicable follow-up and notifications to applicable parties.
  • Refer borrower transaction requests to Transactions department and monitor progress.
  • Monitor delinquencies.
  • Monitor loan maturities through correspondence with Borrowers.
  • Review and process reserve disbursements in accordance with the reserve agreements.
  • Monitor and oversee the payment of all taxes and insurance as required by the loan documents.
  • Calculate yield maintenance and process payoffs in accordance with the loan documents and servicing agreements and administer the document release process.
  • Input and maintain loan and collateral data in the loan servicing system.


MARGINAL OR PERIPHERAL FUNCTIONS

  • Administer all borrower inquiries and requests while upholding Key’s servicing standard
  • Assist with special projects


REQUIRED QUALIFICATIONS

  • Four-year college degree or experience commensurate with position grade
  • Excellent verbal and written communication skills
  • Strong analytical skills
  • Efficient in the use of Microsoft Word, Excel and Outlook


PREFERRED QUALIFICATIONS

  • Experience with cash management accounts, escrow/reserve account disbursements, insurance/tax issues, property releases, and loan payoffs
  • Experience working with lenders, borrowers, property managers, and/or legal counsel
  • Real estate law, appraisal, accounting/auditing
  • Experience with McCracken/Strategy and RECWeb loan servicing systems
  • Legal document review and interpretation

EQUIPMENT USED

  • Computer
  • 10 key calculator
  • Telephone
  • Fax Machine
  • Copier

TRAINING REQUIRED

  • On-the-job training


ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.

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.

JobID: 30409BR

CHECK OUT OUR SIMILAR JOBS

  1. Business Manager Jobs
  2. Finance Manager Jobs

Not Ready to Apply?

Joining our Talent Network will enhance your job search and application process. Whether you choose to apply or just leave your information, we look forward to staying connected with you.