Underwriting Team Lead, Commercial Banking

Location:

The Underwriting Team Lead (UTL) is responsible for leading a team of Underwriters supporting existing and prospective commercial clients with total commitments generally up to $10 million. This role is responsible for managing the underwriting workflow to ensure the appropriate resource allocation and prioritization is in place to meet client expectations. UTLs are responsible for the consistency and quality of the underwriting activities through the performance of quality reviews and coaching and development of the underwriters. UTLs must ensure underwriters are executing against the defined credit process; ensuring consistency with Credit Policy and established underwriting guidelines while supporting a strong business development effort. Underwriting Team Leads are focused on building an efficient and effective partnership with Relationship Managers, Credit Risk, and other partners.

• Responsible for improving direct report's job performance through coaching via the completion of quality reviews, review of performance to SLAs, and adherence to Key values.

• Develop Underwriter credit acumen by coaching them to interpret financial statements and analyze all other relevant financial analysis as well as non-financial data to develop a concise focused analytical foundation for a credit decision.

• Work with partners, manager, and other senior leaders to identify process objectives, designing process workflows to optimize performance to those objectives, including the development of flowcharts, workflow prioritization, and measurement of performance to client expectations.

• Support direct reports with personal career pathing and development planning.

• Participate in and facilitate information sharing with your manager, business partners, peers, and direct reports in a timely and efficient fashion to ensure widespread communication.

• Utilize cash flow, balance sheet, income statements, and tax returns (both personal and business) to determine credit worthiness.

• Ensure accurate and timely risk rating of assigned portfolio.

• Make accurate recommendations in granting credit requests using understanding of credit and risk management concepts.

• Exercise loan authority on all extensions of credit (loans, lines, restructure, transaction services) within established limits. Loan authority will be based on size and/or type of credit request.

• Respond promptly to loan structuring request to determine feasibility and nature of analysis to be conducted. Identifies critical issues. Make Proceed/Stop decisions.

• Partner with bankers and credit partners on complex deals and/or deals outside of area of expertise.

• Provide direct feedback and guidance when edits are required to credit write ups.

• Lead team in the completion of troubled asset reviews with close collaboration with partners.

• Closely monitors all asset quality measures including performance against tolerances.

• Ensure the proper utilization of credit systems and technology.

• Ensure group measures are within tolerances or that appropriate plans are in place to achieve tolerances.

• Advocate risk culture with banking professionals.

• Promote a credit culture based on strong asset quality and a moderate risk appetite.

• Keep abreast of industry and market trends and communicates these trends to peers and business partners.

• At least five years commercial underwriting experience, preferably Business Banking or Middle Market

• Undergraduate degree in accounting, finance, economics or related field or equivalent work experience

• Demonstrated high level of financial acumen and decision/solution effectiveness.

• Commitment to core values; Teamwork, Respect, Accountability, Integrity, Leadership

• Proven ability to set and obtain goals.

• Excellent interpersonal and motivation skills

• Superior verbal and written communications skills

• Strong time management and prioritization skills

• Displayed sense of ownership in relation to attitude and actions, assignments and event outcomes

• Experience with multiple types of lending (e.g., private banking, specialty lending) and multiple economic cycles is desired.

KeyCorp 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.