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Transactions Pipeline Coordinator in Overland Park, KS at Key Bank- Corporate

Date Posted: 12/5/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    11501 Outlook Street
    Overland Park, KS
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    12/5/2018

Job Description

ABOUT THE JOB
The position performs the initial review of all borrower requests for lender consent received in the Transactions Department. For transactions other than assumptions and transfers of interest, the Coordinator reviews the servicing agreement and loan documents in order to determine the processing requirements. The Coordinator communicates with account managers, borrowers, primary servicers, investors and attorneys to answer procedural questions and gather information for requests received for underwriting.

ESSENTIAL JOB FUNCTIONS
  • Monitor the Transactions Mailbox and communicate with Account Managers, Borrowers, Primary Servicers, investors and attorneys regarding Transactions other than Assumptions and Transfers.
  • Review loan documents and loan servicing agreements on transactions other than assumptions as needed prior to setting up each transaction in the department’s tracking system and Freddie Mac’s CRT system.
  • Review correspondence and documentation for each request to determine (1) if Lender consent is required, (2) if the Company is responsible for processing and (3) if sufficient information has been received to assign to an Underwriter.
  • File information received electronically for further review during underwriting. Assign each request to a Transaction Underwriter.
  • Engage third party vendors for underwriting as determined by Manager.
  • Engage Legal Counsel and run compliance as requested by the Underwriter.
  • Maintain accurate records in the Company’s internal system to reflect the current status of the transaction.
  • Assist Underwriters and Closers as needed.
  • Assist with closing files for non-assumption transactions.
  • Assist with posting fees and expenses (legal & servicing) for the transactions
REQUIRED QUALIFICATIONS
  • Associate College Degree or equivalent experience
  • Experience in asset management and/or loan servicing
  • Strong organizational skills
  • Strong verbal and written communication skills
  • Detail oriented
  • Task oriented
  • Strong Microsoft Word and Excel skills


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: 32995BR

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