Operations Analyst, Commercial Workout
KeyBank
full-time
Posted on:
Location Type: Hybrid
Location: Amherst • New York, Ohio • 🇺🇸 United States
Visit company websiteSalary
💰 $46,000 - $70,000 per year
Job Level
Junior
About the role
- 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
- Manage and/or assist in the management of a loan portfolio including SBA loans and/or other government guaranteed loans to mitigate risk
- Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk
- 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
Requirements
- 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
- Undergraduate degree in accounting, finance or related field (preferred)
- Financial statement analysis experience (preferred)
- Bankruptcy/workout experience (preferred)
- Knowledge of SBA standard operating procedures and regulations (preferred)
- Knowledge of commercial credit products and loan documentation (preferred)
- Knowledge of creditors rights, collection practices, and bankruptcy (preferred)
- Knowledge of compliance (preferred)
- Knowledge of Bank regulations (preferred)
Benefits
- Health insurance
- 401(k) matching
- Flexible work arrangements
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit risk assessmentfinancial statement analysisbankruptcy experienceworkout strategiesloan documentationcommercial credit productsSBA loansgovernment guaranteed loansnegotiationcompliance
Soft skills
communicationinterpersonal skillsnegotiation skillsrelationship managementcollaborationethical decision makingconstructive interactioncontinuous improvement