Risk Manager, Loan Servicing & Asset Management
KeyBank | |
United States, Kansas, Overland Park | |
11501 Outlook Street (Show on map) | |
Sep 18, 2024 | |
Location: 11501 Outlook Street - Overland Park, Kansas 66211This position may be flexible to hire at a higher level based on candidate's experience. This position would essentially have three components with the first being the coordination of Subservicer reviews, site visits for rating agencies and various audits to ensure compliance with investors' annual submission process. This would include sampling test loans and contracts against all KeyBank Real Estate Capital (KBREC) Loan Servicing & Asset Management policies to ensure compliance with loan documents, servicing agreements, applicable KBREC procedures, and KeyCorp policies. The second component is to develop and maintain the Policies & Procedures Program for the staff in accordance with applicable laws/regulations, industry standards, PSA/Servicing Agreements, Internal Audit findings and risk management testing. The third is to coordinate and deliver all annual compliance on or before contractual due dates. Position reports to Vice President, LSAM Risk Management ESSENTIAL JOB FUNCTIONS Servicer Ratings: Maintain or improve servicer ratings by managing the compilation/reporting of data to the rating agencies and coordinating the on-site visits. Audits/Reviews (Internal/External to include Master and Warehouse Servicing reviews): Coordinate and conduct all external and internal audits and reviews including those conducted by KeyCorp's external auditor, KeyCorp's internal audit group, Key National Banking's Risk Management Group, KBREC's Risk Management Team, master servicers, and investors. Assist with follow up to achieve and maintain highest rankings and prepare reports for review by VP, LSAM Risk Management and senior management. Policies & Procedures Program Create and/or revise functional organization charts, policies, procedures, forms, form letters, or reports/logs/lists as needed. Obtain required approvals for deployment of approved documents to RECWeb and maintain Policies/Procedures Tracking Logs. Sampling & Testing Sample and test Primary and Master servicing policies and procedures in accordance with the servicing programs, descriptions, components and schedule. Document compliance exceptions and variances, identify corrective action plans and report test results to VP, LSAM Risk Management and senior management. Annual Compliance Review servicing agreements to determine annual compliance obligations, maintain the annual compliance matrix, prepare and coordinate all certifications and reports in accordance with regulatory guidelines and servicing agreements by applicable deadlines. Projects: Complete special projects as requested by VP, LSAM Risk Management. MARGINAL OR PERIPHERAL FUNCTIONS
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Complete a minimum of 35 hours of internal and external development programs annually Job Posting Expiration Date: 10/18/2024KeyCorp 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. |