Transactions Underwriter

Commercial Real Estate Underwriter

Location : 11501 Outlook Street - Overland Park, Kansas 66211

Underwrite borrower requests for lender consent on actions pertaining to loans secured by commercial real estate. Underwriting will include quantitative and qualitative analysis of legal documents, property financial statements, rent rolls and real estate collateral in addition to borrower organizational structure and management experience. Transactions recommended for approval must conform to the terms of existing loan documents and loan servicing agreements. Transaction types include but are not limited to assumptions, transfers of interest, partial releases, easements, alterations to collateral, and property management changes. Implement servicing standards in underwriting requests, and in working with internal and external clients.

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 moderately 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.

Required Qualifications

BS in Business / Finance

1-2 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 / credit analysis, loan servicing, or special servicing

Compensation and Benefits

This position is eligible to earn a base salary in the range of $71,000.00 - $122,000.00 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. Please click here for a list of benefits for which this position is eligible.

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.

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.