Job Opportunities in United States
November 16, 2024
KeyBank
Chicago
FULL TIME
Underwriting Analyst
Location:
227 West Monroe Street - Chicago, Illinois 60606
About the Job
The Underwriting Analyst position involves assisting the CMBS/Investor Placement Underwriting team in processing off- balance sheet permanent loan requests pursuant to our guidelines and within the credit risk parameters of Key Bank. Underwriting Analysts assist Senior Underwriters and Underwriters in preparing underwriting models and credit memos for submission to Credit Committee, complete administrative tasks and projects and work toward gaining the experience to underwrite loans under the supervision and guidance of underwriting managers.
Essential Job Functions
An Underwriting Analyst will be expected to assist the Underwriting team by completing administrative and analytic tasks as assigned by the Underwriter. These tasks will include reviewing third party reports, completing portions of the underwriting spreads and credit memo, as well as coordinating with our offshore resources. Ideally, the Underwriting Analyst can complete these tasks with minimal supervision and a sense of urgency. In addition, the Underwriting Analyst will interact with the Borrower and third-party vendors in collecting due diligence and relaying questions/comments from underwriting. An Underwriting Analyst may conduct Property inspections independently following training by an Underwriter. An Underwriting Analyst must demonstrate the ability to clearly articulate deal specifics, as well as time management skills that allows them to prioritize assignments and meet all timing milestones from application to loan closing. Additional requests may be made from the Securitization Team as asset summaries are reviewed by rating agencies and b-buyers, including Q&A requests. The expectation is for Underwriting Analyst to learn about the different CRE property types, systems, processes, underwriting modeling, and credit memo preparation and eventually begin to underwriter loans with supervision as they grow into an Underwriter role within 1.5-2.5 years depending on proven progression in the role and past experience.
Required Qualifications
Candidate should have 0-3 years’ experience in finance and real estate and commercial lending as well as strong organizational and time management skills.
Ability to handle and prioritize multiple tasks is critical.
Must be able to communicate effectively both orally and in writing.
Must be proficient in Word and Excel. Must be able to work independently with minimal direct supervision.
Must have college degree or equivalent experience.
Must be able to work in the local Key office at least 4 days per week.
Job Posting Expiration Date: 12/31/2024
Key Corp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
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
.
Latest Job Opportunities
November 20, 2024
Layne Christensen Company
Water Pump Installer - Layne
Middletown
FULL TIME
View Details
November 20, 2024
Mondelēz International
Associate Manager, Omnichannel Activation Kroger & Albertsons
FULL TIME
View Details
November 20, 2024
State of Ohio Jobs
Youngstown - Employer Services Specialist - 20067798
Youngstown
FULL TIME
View DetailsNovember 20, 2024
Buffalo's Fire
Bismarck Documenters Network Program Manager
Bismarck
FULL TIME
View DetailsNovember 20, 2024
Springboro Vision Center
Medical Secretary/Technician
Springboro
FULL TIME
View Details
Similar Jobs
November 6, 2024
Old Republic Title
Commercial Underwriting Counsel
Salt Lake City
FULL TIME
View Details
November 13, 2024
Western National Group & Umialik Insurance
Underwriting Data Support Specialist - Commercial Lines
Anchorage
FULL TIME
View Details
November 15, 2024
Work At Home Vintage Experts
Commercial Lines Underwriting Assistant - REMOTE
Scottsdale
PART TIME & FULL TIME
View Details
November 16, 2024
Health Care Service Corporation
Director - Underwriting
Chicago
FULL TIME
View Details
November 15, 2024
The Travelers Companies, Inc.
Underwriting Associate Operations Account Specialist - National Property
Diamond Bar
View Details
New Jobs from This Company
November 15, 2024
KeyBank
Float Financial Wellness Associate - Downtown Denver Area
Commerce City
FULL TIME
View Details
November 6, 2024
KeyBank
R-27425 Financial Wellness Associate (30 Hours) - Crossroads Branch
Salt Lake City
FULL TIME
View Details
November 6, 2024
KeyBank
Consumer Personal Loan Collections Specialist
Brooklyn
FULL TIME
View Details