KeyBank · 19 hours ago
Sr Transactions Underwriter
KeyBank is a national association focused on providing financial services, and they are seeking a Senior Transactions Underwriter. The role involves underwriting borrower requests for lender consent on commercial real estate loans, requiring both quantitative and qualitative analysis of various documents and financial statements.
Banking
Responsibilities
Underwrite borrower requests for lender consent on actions pertaining to loans secured by commercial real estate
The Underwriter will communicate with borrowers, attorneys, third parties and real estate investors to gather and analyze information required to underwrite approximately 50 transactions annually
The Underwriter will negotiate transactional terms that identify and mitigate the risk to the noteholder for each transaction and are in the best interest of the lender
Transactions underwritten will be moderate to highly complex
A written credit memo summarizing the request and recommendation is prepared by the Underwriter and presented to the Company’s internal authorized signors as well as other loan servicers and rating agencies with approval authority
Work with legal counsel and support staff to document and close each transaction
Assist the Transactions Managers with hiring, training, mentoring, process improvement and with special projects as needed
Qualification
Required
BS in Business/Finance
3-4 years commercial mortgage loan servicing and/or underwriting experience
Excellent verbal and written communication skills
Strong analytical skills
Microsoft Word and Excel
Preferred
Experience in real estate which may include underwriting, closing, credit analysis, loan servicing, or special servicing
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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