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KeyBank · 2 months ago

Operations Analyst (Commercial Workout)

Amherst, NY

Full-time

Hybrid

Entry Level

$46K/yr - $70K/yr

1+ years exp

KeyBank is seeking an Operations Analyst to assist in the management of a portfolio of credit relationships. The role focuses on minimizing charge-offs and maximizing recoveries by developing and implementing workout and restructuring plans while maintaining relationships with various stakeholders.

Banking

Responsibilities

Manage and/or assist in the management of a loan portfolio including SBA loans and/or other government guaranteed loans to mitigate risk, consisting of deals with aggregate balances equal to or less than $250,000 with moderate complexity and potential for adversarial litigation

Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and/or estimate recovery potential

Develop, recommend and implement workout/liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery

Adhere to department and corporate guidelines, policies and compliance procedures

Maintain constructive interaction with regulators

Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans

Support departmental continuous improvement efforts

May travel for court appearances

Qualification

CommercialDefault experienceCredit risk assessmentMicrosoft Office expertiseNegotiation skillsFinancial statement analysisBankruptcy/workout experienceSBA proceduresCommercial credit productsComplianceBank regulationsMeet deadlinesFollow compliance proceduresCommunication skillsInterpersonal skills