Apply on Employer Site

KeyBank · 4 months ago

Underwriting Team Leader - Community Development Lending and Investment

Dallas, TX

Full-time

Onsite

Senior Level, Lead/Staff

$123K/yr - $257K/yr

10+ years exp

KeyBank is looking for an experienced community development leader to join their Community Development Lending and Investment team. The Underwriting Team Leader will oversee a regional underwriting team, ensuring high-quality risk-based underwriting and analysis of Affordable Housing transactions while collaborating with various stakeholders to drive business growth and risk management best practices.

Banking

Responsibilities

Lead a regional underwriting team of 5-8 individuals to ensure high-quality, risk-based underwriting and analysis of debt and equity Affordable Housing and Community Development transactions and sponsors

Review underwriting packages and real estate/LIHTC financial modeling to facilitate Line of Business and Credit approval and closing of new transactions

Consult on deal structuring, pricing, profitability, and risk analysis of new community development opportunities

Support and influence the deal team (Relationship Manager, Underwriter, Asset Manager, Closing Officer, Syndication) to solve complex financing and deal structuring situations while balancing risk metrics and customer expectations

Manage regional pipeline and deal assignments to monitor team capacity and support workflow throughout the underwriting and closing process. Provide accountability for clear and timely communication of deal progress to internal and external stakeholders

Support implementation of innovative underwriting, data analytics, technology, and continuous improvement tools and process improvements

Develop and maintain Underwriting department policies, procedures, guidelines, and best practices in conjunction with Key Credit Policy and Underwriting standards

Partner with the division COO and Regional Production Leaders to provide underwriting trend and business insights specific to the region’s pipeline, portfolio, and clients. Assess underwriting risk and opportunities to recommend adjustments to portfolio strategies, origination volumes, and deal terms/structures

Build and foster a high performing, equitable, and inclusive team-based culture within the CDLI team. Provide individual mentorship, development planning, goal setting, training, and performance management to team members

Collaborate with business partners and cross-functional stakeholders including Credit Risk Management, Loan Servicing, Tax Credit and Loan Syndications, and Asset Management to provide seamless customer execution

Qualification

Low Income Housing Tax CreditCommunity LendingCredit Risk AnalysisFinancial AnalysisMS Office SuiteProject ManagementTeam LeadershipCommunication SkillsTime Management

Required

Bachelor's Degree in Business Administration, Finance, Urban Planning/Real Estate, or Engineering

Expert in Low Income Housing Tax Credit and Community Lending industry with underwriting and/or risk management experience (10+ years' experience)

Advanced ability to communicate and persuade internal and external stakeholders in written and verbal communications

Demonstrated credit risk analysis, underwriting, project management, and financial analysis experience in a lending or investing environment

Advanced proficiency in MS Office suite (Excel, Word, PowerPoint), Salesforce, and other common asset/loan management systems

Preferred

MBA, CPA, other advanced degree, or 10+ years LIHTC industry experience

5+ years' experience underwriting, originating, or closing community development loans and/or equity investments

Experience leading community development or commercial real estate underwriting, risk management, or origination teams

3+ years' experience leading a team: recruiting, hiring, training, performance management

Excellent prioritization and time management abilities; can prioritize a broad range of activities and keep projects/tasks moving forward within a reasonable timeframe