Asset Manager I - Special Servicing

Job Title

Responsible for the management and disposition of an assigned portfolio, which may contain performing or non-performing loans and REO, in an effort to maximize the goals and objectives for the portfolio.

Essential Job Functions

Develop and implement an approved asset management strategy for assigned portfolio, including business plans and case preparation within portfolio assigned timeframes.

Correspondence and negotiations with borrowers, guarantors and / or their representatives.

Completion of various internal and external reports for portfolio management. As necessary, maintain the portfolio records and files, including the system of record.

Monitor the performance of third-party vendors and subcontractors.

Assist in the preparation of financial analysis for various management and disposition strategies.

Travel as required. Meet with the borrowers, guarantors, property managers, brokers, attorneys and site inspectors, etc.

Review asset files of the portfolio as necessary to obtain pertinent asset information.

Marginal Functions

Assists in the oversight with training of less experienced staff members in sound collection and workout practices.

Required Qualifications

Possess college degree or equivalent job-related experience.

Possess computer literacy including good working knowledge of Excel, Word, and Access software programs.

Possess at least five (5) years relevant experience in real estate law and / or financial services.

Some travel required.

Well-developed written and verbal communication skills.

Ability to manage and prioritize multiple tasks in a high-volume environment.

Preferred Qualifications

Knowledge of bank, conventional, agency, and / or commercial mortgage-backed securities origination and servicing is recommended.

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You'll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.