Production Analyst - Affordable at KeyCorp
Posted in Other 12 days ago.
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Type: Full Time
Location: Boston, Massachusetts
Production Analyst - Affordable
This position works closely with Multifamily Mortgage Banker (MB) to provide loan origination and deal structuring support. Develop detailed working knowledge of affordable underwriting parameters and requirements of all permanent lending products. Model loan submissions in order to determine the viability of loan requests. This function will include direct communication with borrowers, Relationship Managers, and colleagues in the Community Development Lending ( CDL ) group. Work with MB to determine loan sizing and pricing under all permanent lending programs. Work with MB in drafting loan applications. Prepare loan submissions to third party capital lending sources and aid in the processing of the loans with third party investors. Assist Producers in shepherding loans through the due diligence and closing process. Assist in business development by tracking transactions and fostering relationships with borrowers, CDL colleagues, and investors. Other duties and projects as assigned.
Business Related Degree.
Minimum of 2+ years Commercial Real Estate financial analysis experience.
Ability to handle and prioritize multiple tasks in a timely manner.
Computer literate with proficiency in Microsoft Excel and financial spreadsheets.
Strong analytical, organizational and communication skills are a must.
Previous working experience in the commercial real estate permanent lending industry specific experience working with multifamily affordable housing, Fannie Mae DUS, Freddie Mac Program, FHA a plus.
About the Business
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
KeyCorp is an Equal Opportunity and Affirmative Action Employer Min/Fem/Vet/Disabled.