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Transactions Manager - Asst. Vice President

Transactions Manager - Asst. Vice President

KeyCorpOverland Park, KS, US
15 hours ago
Job type
  • Full-time
Job description

Assistant Vice President, Underwriting Manager

Location : Overland Park, KS

Manage staff of underwriters and support staff in the Transactions Department which processes and underwrites borrower requests for assumptions, modifications, waivers and consents. The requests underwritten pertain to commercial mortgage loans serviced by the Company and may range from simple transactions involving one property to highly complex transactions involving subordinate debt and multiple properties. Transactions recommended for approval must conform to the terms of existing loan documents and loan servicing agreements.

Essential Job Functions

The Manager - Asst. Vice President oversees a staff comprised of underwriters and support staff. Responsible to monitor the individual capacity and expertise of direct reports in assigning new borrower requests for processing. Will handle the review of underwriting packages annually and manage the risk associated with each transaction prior to signing under his / her delegated authority or presentation to authorized signers for approval. In addition to managing staff, Manager - Asst. Vice President may also underwrite some direct assignments. Ownership to communicate with borrowers, attorneys, real estate investors, internal staff, other loan servicers and rating agencies to process and close each transaction. The Manager - Asst. Vice President establishes and maintains performance standards which manage operational risk and satisfy industry and contract requirements. The Manager will train or oversee the training if new staff and ongoing training of existing staff, as needed.

Required Qualifications

  • 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 Qualifications

  • Experience in real estate which may include underwriting, closing, loan surveillance, loan servicing, or special servicing.
  • Core Competencies

  • All KeyBank employees are expected to demonstrate Key's Values and sustain proficiency in identified Leadership Competencies.
  • Physical Demands

  • General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC / laptop, occasional lifting / pushing / pulling of backpacks, computer bags up to 10 lbs.
  • Compensation and Benefits

    This position is eligible to earn a base salary in the range of $79,000.00 to $146,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation subject to individual and company performance.

    Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

    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, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. 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.

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    Vice President • Overland Park, KS, US