Account Manager - Institutional
📋 Role Overview & Responsibilities
Location
11501 Outlook Street - Overland Park, Kansas 66211
Grow your career with an industry leading team!
KeyBank Real Estate Capital is seeking professionals with experience in loan servicing, finance, and banking for expansion of our $443 Billion commercial real estate portfolio.
We have multiple positions available in our beautiful Overland Park campus!
Under the direction of the Manager, our Account Managers are responsible for servicing a commercial real estate portfolio in a timely, efficient, and responsible manner to protect the interest of KeyBank, mortgage insurers, and investors. This is accomplished within the parameters of the servicing agreements, loan documents, policies and procedures, and applicable laws and regulations.
Currently, we are looking for several individuals for our Institutional vertical:
Interim | Balance Sheet LendersLife & Pension | Foreign LendersCLOs | ABS | P3Debt Funds | Repo ServicingNet Lease REITs
Essential Job Functions
Monitor assigned portfolio to ensure compliance with specific requirements pursuant to contractual servicing agreements. Institute and administer directives involving changes in servicing standards (i.e. establishing and implementing new technologies for reporting property inspections and financial analysis).Perform intensive loan servicing for those loans designated by investor or servicer as not meeting their standards for performance, as well as for those loans recently returning to a performing status after default or workout. Intensive servicing typically involves frequent inspections and comparable financial analysis in addition to administering rehabilitation/repair agreements and cash flow auditing. Make recommendations (both objective and subjective) to the Watchlist Committee regarding any loan that is not meeting established standards for overall property performance.Generate income through transaction fees and the timely collection of late charges to ensure the profitability of the Servicing Division and KeyCorp.Monitor and administer the posting of all loan payments in accordance with the loan documents.Monitor and collect delinquencies.Review and process reserve disbursements in accordance with the reserve agreements.Review/analyze insurance certificates related to the commercial property to ensure compliance with the loan documents.Monitor and oversee the payment of all taxes and insurance as required by the loan documents.Calculate yield maintenance and process payoffs in accordance with the loan documents and servicing agreements.Input and maintain loan and collateral data in the loan servicing system and RECWeb.
Marginal Or Peripheral Functions
Administer all borrower inquiries and requests.Assist with special projectsTrain new employees
Required Qualifications
Four-year college degree or experience commensurate with position gradeExcellent verbal and written communication skillsStrong analytical skillsEfficient in the use of Microsoft Word, Excel and Outlook
Preferred Qualifications
Experience in commercial mortgage loan servicing and/or underwritingExperience with cash management accounts, escrow/reserve account disbursements, insurance/tax issues, property releases, and loan payoffsReal estate law, appraisal, accounting/auditingLegal document review and interpretationExperience with McCracken/Strategy and RECWeb loan servicing system
EQUIPMENT USED
Computer10 key calculatorTelephoneFax MachineCopier
Training Required
On-the-job training
Job Posting Expiration Date: 05/24/2024
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.
Frequently Asked Questions
How do I apply for the Account Manager - Institutional position at KeyBank? ▼
Click the “Apply for this Position” button on this page to submit your application directly to KeyBank without recruitment intermediary fees.
Is this position eligible for remote work or visa sponsorship? ▼
This position is located in Overland Park, KS with potential relocation and sponsorship assistance depending on candidate qualifications.
Are there any candidate fees on Hirely? ▼
No. Hirely is completely free for candidates. We never charge registration fees or placement fees.
Legitimate employers will never ask you to transfer funds, purchase equipment from unauthorized vendors, or pay application/visa fees. Hirely rigorously monitors listings, but always verify communication is from official corporate email domains.
Learn how to protect yourself against employment fraud →