Lead Specialist (loan payment processing department) in Buffalo, NY at Key Bank- Corporate

Date Posted: 8/1/2018

Job Snapshot

  • Employee Type:
  • Location:
    4224 Ridge Lea Road
    Buffalo, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Job Brief:
Working within a team of Loan Payment processing associates, this position is responsible for reviewing and processing consumer and commercial loan payments as well as processing recovery payments received on loan and charged off loan accounts originated by Key’s Community Bank. Also responsible for processing initial fundings on consumer loans and lines of credit. Position is expected to adhere to Corporate Credit Policy procedures, loan regulatory requirements and Consumer/Privacy laws. Works within and complies with established operational and compliance quality standards and service levels at a highly productive level.

Essential Job Function:

• Process accurate and timely loan payments and payoffs on accounts housed on the ALS, CLS loan systems.

• Process accurate and timely recovery payments housed on the CAS and AFS recovery systems.

• Process new loan fundings with strict adherence to proper procedures and segregation of duties.

• Balance general ledger entries to minimize account outages and work with the Accounting department to correct discrepancies in a timely manner.

• Perform careful and timely review of various reports to alleviate potential customer impact issues and to ensure system integrity. Take appropriate action to address issues.

• Research requests to a logical conclusion and execute remedial action. Communicate to the requester the results of research and resolution of the problem effectively and timely.

• Actively seek opportunities to improve process efficiency, quality and the client experience. Communicate ideas appropriately to effect real change.

• Provide world class customer service to internal and external customers through total adherence to the Key Values and Key Difference concepts

• Identify major and minor issues/problems and communicate to appropriate management

• Assist other team members with daily workload to ensure timely completion and achievement of work team assignments.

• Actively pursue development of self to better support team and future advancement.

Required Qualifications:

• High School Diploma or equivalent, some college preferred.

• Strong accounting background.

• 1+ years related job experience with knowledge of bank loan and deposit products.

• Ability to establish and maintain effective working relationships among team members and product and support partners.

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.

Key Technology and Operations (KTO) is Key Bank’s shared services organization for technology, operational, and servicing functions supporting business partners and clients across all lines of business. Within the overall organization, KTO provides efficient, reliable and secure technology; creates an effective variable cost technology delivery model that maximizes the return on IT spend; orchestrates the efficient use of corporate information and technology assets; and supports innovation that creates competitive distinction. KTO is effective and efficient in payment and deposit servicing, loan servicing, exception and dispute processing, investment and support services, sourcing and procurement, as well as enterprise-wide fraud prevention, investigations and operational support to human resources and the Bank’s BSA/AML program.


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: 30710BR

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.