Sr Underwriter, Commercial Dealer Services in Brooklyn, OH at Key Bank- Corporate

Date Posted: 8/31/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4910 Tiedeman Road
    Brooklyn, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    8/31/2018

Job Description

JOB BRIEF (PURPOSE)

Responsible for conducting the analysis, creating the approval package and recommending approval for all credit proposals received for KeyBank Dealer Finance Commercial Services Supports Relationship Manager (RM) 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 meets with clients on financing and/or financial modeling. Recommends appropriate structure for credit product(s).

ESSENTIAL JOB FUNCTIONS

  • Conducts the analysis and underwriting of all new business transactions. Proposes recommended structure and accumulates all data necessary to perform focused analysis.
  • Participates on site visits and actively involved in discussions with CFO and client senior management.
  • Coordinates call planning activities and prepares customized client proposals/commitment letters and correspondence as needed.
  • Ensures an efficient and effective transfer of knowledge from the RM/ 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.
  • Ensures underwriting and structuring decisions reflecting commitment to strong asset quality.
  • Projects client’s/prospect’s profitability through detailed financial projections incorporating financial and non-financial issues.
  • Practices disciplined use of the technology, tools and procedures.
  • Assists RM/ in development of marketing presentations and pitch books; highlighting product solutions for client needs.
  • Assists Portfolio Manager with credit transactions; client follow-up for covenant violations; financial statement submission; maturity date renewals; past due reporting, etc.
  • Proactively engages with deal teams to recommend solutions, generate ideas, address arising issues and/ or anticipate problems.

REQUIRED QUALIFICATIONS

  • Bachelor’s Degree in accounting, finance or related field
  • Outstanding credit skills, analytical skills, and financial acumen
  • Possess good knowledge of bank products and markets.
  • Proven understanding of the importance of balancing business development and asset quality.

PREFERRED QUALIFICATIONS

  • Individuals in this position will likely have worked in both relationship management and credit teams
  • MBA


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 Enterprise Risk Management provides leadership on risk management strategies and initiatives for credit, market, compliance and operational risk, as well as portfolio management, quantitative analytics and asset recovery activities. Key's objective is to achieve and sustain strong enterprise risk management practices consistent with industry standards and regulatory expectations in support of business strategies. To reach this goal, risk is identified, measured and managed in a manner that promotes effective decision-making and instills accountability. A strong risk culture is critical to achieving our vision to become the best regional bank in the U.S.

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: 30573BR

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