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KeyBank · 1 month ago

Commercial Real Estate Account Manager II

United States

Full-time

Remote

Mid Level

$56K/yr - $85K/yr

KeyBank is seeking a Commercial Real Estate Account Manager II to service a commercial real estate portfolio efficiently. The role involves monitoring compliance, performing loan servicing, and generating income through transaction fees while ensuring adherence to contractual agreements and regulations.

Banking

Responsibilities

Monitor assigned portfolio to ensure compliance with specific requirements pursuant to contractual servicing agreements. Institute and administer directives involving changes in servicing standards (i.e. establishing and implementing new technologies for reporting property inspections and financial analysis)

Perform intensive loan servicing for those loans designated by investor or servicer as not meeting their standards for performance, as well as for those loans recently returning to a performing status after default or workout. Intensive servicing typically involves frequent inspections and comparable financial analysis in addition to administering rehabilitation/repair agreements and cash flow auditing. Make recommendations (both objective and subjective) to the Watchlist Committee regarding any loan that is not meeting established standards for overall property performance

Generate income through transaction fees and the timely collection of late charges to ensure the profitability of the Servicing Division and KeyCorp

Monitor and administer the posting of all loan payments in accordance with the loan documents

Monitor and collect delinquencies

Review and process reserve disbursements in accordance with the reserve agreements

Review/analyze insurance certificates related to the commercial property to ensure compliance with the loan documents

Monitor and oversee the payment of all taxes and insurance as required by the loan documents

Calculate yield maintenance and process payoffs in accordance with the loan documents and servicing agreements

Input and maintain loan and collateral data in the loan servicing system and RECWeb

Administer all borrower inquiries and requests

Assist with special projects

Train new employees

Qualification

Commercial mortgage servicingAnalytical skillsLoan servicing systemsReal estate lawMicrosoft ExcelTeam trainingVerbal communicationWritten communication