Operations Analyst (Commercial Workout)

Job Title

Location : 4224 Ridge Lea Road - Amherst, New York 14226

Assist in the management of a portfolio of pass rated "exit," criticized, classified, non-performing and or charged off credit relationships. Minimize charge-offs and maximize recoveries by collaboratively developing and implementing cogent workout, restructuring and / or exit plans. Develop positive relationships with customers, line of business personnel and internal and external professionals. Negotiate skillfully, fairly and ethically with customers and other constituencies. Communicate clearly. Adhere to all corporate compliance guidelines. This position reports to the Commercial Workout Manager.

Essential Job Functions

Manage and / or assist in the management of a loan portfolio including SBA loans and / or other government guaranteed loans to mitigate risk, consisting of deals with aggregate balances equal to or less than $250,000 with moderate complexity and potential for adversarial litigation. Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and / or estimate recovery potential. Develop, recommend and implement workout / liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery. Adhere to department and corporate guidelines, policies and compliance procedures. Maintain constructive interaction with regulators. Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans. Support departmental continuous improvement efforts. May travel for court appearances

Required Qualifications

High School Diploma or equivalent. Minimum of one year of related Commercial or Default experience. Good oral and written communication skills. Basic skills in assessing credit risk. Strong negotiation and interpersonal skills. Expertise utilizing Microsoft Office (Word and Excel) operating systems.

Preferred Qualifications

Undergraduate degree in accounting, finance or related field. Financial statement analysis experience Bankruptcy / workout experience. Knowledge of SBA standard operating procedures and regulations. Knowledge of commercial credit products and loan documentation. Knowledge of creditors rights, collection practices, and bankruptcy. Knowledge of compliance. Knowledge of Bank regulations.

Competencies / Skills

Provide timely and accurate reporting. Ability to meet deadlines. Prepare concise and complete write ups. Ability to follow all relevant compliance procedures. All KeyBank employees are expected to demonstrate Key's Values and abide by Key's Code of Conduct.

Equipment Used / Physical Requirements

Personal Computer, facsimile machine, photocopier, and related office equipment and tools.

Training Required

Systems / database training as needed. On the job training.

Compensation and Benefits

This position is eligible to earn a base salary in the range of $46,000.00 - $70,000.00 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.