KeyBank · 2 months ago
Operations Servicing Manager - Income Property Group
KeyBank is a financial services company that is seeking an Operations Servicing Manager for their Income Property Group. The role involves managing a team that services a diverse portfolio, ensuring superior client service while adhering to compliance and risk management protocols.
Banking
Responsibilities
Daily supervision of a team of Servicing Officers including assignment of duties, pipeline tracking and responsible for hiring, training and development
Provides expertise to team, lending team and others to support staff and may engage in client meetings, review of credit approvals, loan documents, etc
Proven ability to prioritize and handle multiple tasks in a high-volume environment
Provides backup for servicing for team members
Analyzes the appropriateness of waiver requests, negotiates accommodations for exceptions, and uses judgment to determine acceptability of requirements
Assimilates and analyzes information necessary to establish moderate to high complexity loans and disbursement controls on bank systems, including borrowing base availability
Identifies exceptions and obtains appropriate approvals as necessary
Analyzes and facilitates rate, commitment, and collateral changes, loan payments, tax and insurance escrows, flood zone monitoring requirements, DDA/Cash management services, and payoff instruction
Maintain all aspects of DDA Restricted Collateral Accounts including account opening, disbursements, reconciliations, hold level maintenance and account closing
Maintains data integrity of system of record including timely posting of transactions, on-boarding of new loans, processing modifications and amendments, and data information maintenance
Clearly and immediately communicates problems/issues to Manager and/or RM
Forms alliance with RMs and lending team leadership to provide superior service to client base
Provides expertise to RMs on system requirements. Proactively identifies and assists in resolving issues affecting client service and risk management
Provides expertise to others by thorough understanding of business requirements of clients and loan related transactions
Active participation in projects as needed including procedures, audits, training, initiatives
Delivers on successful outcomes of small and mid-size continuous improvement or technology driven projects
Support ongoing initiatives to enhance commercial lending platform and servicing structure
Some travel will be required
Qualification
Required
4-year College Degree or equivalent work experience
Strong knowledge of bank operations, bank compliance, and have experience with servicing commercial real estate and syndication portfolio
Expert knowledge of commercial real estate including commitment/loan structures, title/liens, documentation, and industry practices
Experience with and ability to independently manage the team's portfolio of multi-bank loan participations and syndications
Ability to handle multiple tasks in a high-volume environment including participating in and leading projects
Demonstrate ability to negotiate and make decisions on non-standard loan structures, documentation, industry specific contracts, and title policy issues – achieving balance between client service and risk mitigation
PC proficiency including familiarity with Microsoft Excel and Word
Daily supervision of a team of Servicing Officers including assignment of duties, pipeline tracking and responsible for hiring, training and development
Provides expertise to team, lending team and others to support staff and may engage in client meetings, review of credit approvals, loan documents, etc
Proven ability to prioritize and handle multiple tasks in a high-volume environment
Provides backup for servicing for team members
Analyzes the appropriateness of waiver requests, negotiates accommodations for exceptions, and uses judgment to determine acceptability of requirements
Assimilates and analyzes information necessary to establish moderate to high complexity loans and disbursement controls on bank systems, including borrowing base availability
Identifies exceptions and obtains appropriate approvals as necessary
Analyzes and facilitates rate, commitment, and collateral changes, loan payments, tax and insurance escrows, flood zone monitoring requirements, DDA/Cash management services, and payoff instruction
Maintain all aspects of DDA Restricted Collateral Accounts including account opening, disbursements, reconciliations, hold level maintenance and account closing
Maintains data integrity of system of record including timely posting of transactions, on-boarding of new loans, processing modifications and amendments, and data information maintenance
Clearly and immediately communicates problems/issues to Manager and/or RM
Forms alliance with RMs and lending team leadership to provide superior service to client base
Provides expertise to RMs on system requirements. Proactively identifies and assists in resolving issues affecting client service and risk management
Provides expertise to others by thorough understanding of business requirements of clients and loan related transactions
Active participation in projects as needed including procedures, audits, training, initiatives
Delivers on successful outcomes of small and mid-size continuous improvement or technology driven projects
Support ongoing initiatives to enhance commercial lending platform and servicing structure
Some travel will be required
Preferred
Minimum 5 years supervisory/leadership experience preferred
Familiarity with Commercial Loan Systems, Deposit Systems, and syndication systems such as Debt Domain and LoanIQ (preferred)
Benefits
Eligibility for incentive compensation subject to individual and company performance
Company
KeyBank
At KeyBank we’ve made a promise to our clients that they will always have a champion in us.
Funding
Current Stage
Late StageLeadership Team
Recent News
2023-08-28
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