Commercial Relationship Officer in New Haven, CT at Key Bank- Corporate

Date Posted: 6/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    New Haven, CT
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    6/11/2018

Job Description

• Adheres to and supports Key’s compliance culture. Acts as a resource to the Team for all deposit and loan related compliance matters. Knowledgeable about applicable federal, state and compliance regulations., including the BSA/AML program, USA Patriot ACT, OFAC and related due diligence.
• Drives the loan closing process by ordering documents, identifying items and conditions to be satisfied, the party responsible, and obtaining and reviewing due diligence required for the transaction. Participates or conducts closings on behalf of the RM as requested.
• Coordinates set-up of new and maintenance or closing of existing deposit accounts. Works in tandem with Relationship Managers, Credit partners and CCDO to ensure daily resolution to client’s overdrafts and insufficient funds.
• Displays proficiency in reviewing documentation to ensure accurate representation of business terms and conformity to credit approval and policies. Ensures accuracy of booking, funding and timely processing of loan packages and opening/maintenance of deposit accounts.
• Partnership with Business Partners throughout the organization. Works closely with multiple parties including relationship team, operations partners, client, counsel (internal/external) and other 3rd party vendors to achieve a well-coordinated and timely loan/deposit closing.
• Identifies and assists in resolving documentation issues affecting client service and risk management.
• Performs documentation reviews to ensure all loans are correctly documented and works with RM or borrower to resolve any deficiencies.
• Working in tandem with the RM and Borrower to take ownership of proper tracking and/or remediation of documentation exceptions.
• Works to resolve loan/fee payment delinquencies Determines appropriate course of action and directs resources to collect payment or otherwise clear delinquent status.
• General product knowledge and ability to identify referral opportunities for partner products and services.
• Responds to routine and complex client inquiries and resolves/refers to appropriate support partners. Submits service requests for DDA or general service needs. Coordinates follow-up with internal partners and clients, as appropriate, to ensure prompt and accurate completion/resolution of service requests.
• Promptly provides requested information for GRC testing and other internal/external audits.



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: 29475BR

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