Lead Servicing Officer (Real Estate Institutional Capital Group Line of Business)

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Job Summary
Responsible for servicing assigned portfolio consisting of a variety of products primarily for the Real Estate Institutional Capital Group Line of Business. Primary servicing functions are for non-owner occupied /interim loan servicing, portfolio administration and related client services. Provide excellent communication with the lending staff and partners supported by the ICG teams. Client segment focus are public and private REITS, real estate private equity firms and advisers and real estate owners. The specialized healthcare team focuses on property financing needs of hospitals and senior housing owners and operators. Independently manage all pre-closing, pre-boarding review of documents and risk management. Responsible for providing superior client service and expertise to both internal and external clients related a portfolio of revolvers/term/bridge loans with ability to manage multiple projects and levels of complexity. Strength and experience also required for problem solving and loan system processing including loan boarding, maintenance, data integrity etc.

• Responsible for supporting client service functions required by credit and non-credit products offered by the Real Estate Capital Division
• Responsible for all post-closing services for assigned portfolio of medium complexity loan structures.
• Proven ability to prioritize and handle multiple tasks in a high-volume environment
• Provides backup for servicing for team members.
• Provides expertise and assist RM and Closer in pre-closing process by review of loan documents, evaluation of funding requirements and attending closing meetings
• Assimilates and analyzes information necessary to establish medium complexity loan and disbursement controls on bank systems, including borrowing base availability.
• Establishes and maintains servicing files including property additions and releases and letter of credit issuance.
• Identifies exceptions and obtains appropriate approvals as necessary
• Initiates and analyzes standard and custom monitoring requirements including title/tax update, insurance and holdbacks
• Initiates financial and collateral transactions based on customer request or loan document provisions
• Analyzes and facilitates rate, commitment, and collateral changes, loan payments, tax and insurance escrows, flood zone monitoring requirements, DDA/Cash management services, and payoff instruction
• Maintain all aspects of DDA Restricted Collateral Accounts including account opening, disbursements, reconciliations, hold level maintenance and account closing.
• Maintains data integrity of system of record including posting of transactions, on-boarding of new loans and collateral, processing modifications and amendments, and data information maintenance.
• Clearly and immediately communicates problems/issues to Manager and/or RM
• Forms alliance with RMs to provide superior service to client base including achievement of goals for cash management services and off balance sheet transitions.
• Provides expertise to RMs on system requirements. Proactively identifies and assists in resolving issues affecting client service and risk management
• Provides expertise to others by thorough understanding of business requirements of clients and loan related transactions
• Active participation in projects as needed
• Perform other duties as assigned; duties, responsibilities, and/or activities may change or new ones may be assigned at any time with or without notice.
• Comply with all KeyBank policies and procedures, including acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

Education

• Bachelor's degree or equivalent experience

• 3+ years' experience and knowledge of commercial real estate including commitment/loan structures, title/liens, documentation, and industry practices for collateral release
• Familiarity with Commercial Loan Systems and Deposit Systems
• Strong analytical skills
• Detail-oriented
• Aptitude for analysis, systems and mathematics
• Strong written and verbal communication skills
• Ability to handle multiple tasks in a high-volume environment
• PC proficiency including familiarity with Microsoft Excel and Word;

Accountability

• Keeps promises and honors commitments.
• Accepts responsibility for mistakes and failures and learns from them.
• Demonstrates open, honest communication.

Business Acumen

• Be knowledgeable about the financial services industry and Key's competition.
• Understand the value proposition of the business and how it contributes to Key's business strategy.
• Understand and apply Key's risk management philosophy in day-to-day interactions.

Client Focus

• Understands the value of excellent client service and demonstrates commitment to client satisfaction for internal and external clients while balancing organizational profitability.
• Actively listens to internal/external client feedback and delivers appropriate solutions.
• Applies judgment within established guidelines to resolve client issues and needs and escalates issues to manager when appropriate.

Develop Self, Staff & Others

• Take ownership of your personal development plan and seek opportunities to further develop your skill set.
• Proactively share your knowledge to help others develop and to improve the performance of the team.

Drive for Results

• Can be counted on to exceed goals successfully; is consistently a solid performer, is very bottom line oriented; steadfastly pushes self and others for results.
• Demonstrates personal accountability for achieving results within established timelines and budget parameters.
• Pursues work with energy, drive and focus.

Effective Collaboration

• Identifies and involves the right stakeholders to make decisions and maximize results.
• Readily shares information, knowledge, best practices, and ideas with teammates.
• Leverages opportunities and capabilities across the team to accomplish goals.
• Attentive and active listener; has the patience to hear people out; can accurately restate the opinion of others even when he/she disagrees.

Lead Change

• Effectively navigate and embrace change; exhibit an openness of new ways of doing things and an adaptable, continuous improvement mindset.
• Make quality decisions in a timely manner; sometimes with incomplete or ambiguous information and under tight deadlines/pressure.
• Understand the boundaries of your decision making and escalate decisions appropriately.

Managerial Courage

• Openly expresses views and delivers candid and constructive feedback with a positive mindset to teammates and manager.
• Welcomes constructive feedback and strives to improve personal effectiveness based upon feedback.
• Steps up to conflict and views it as an opportunity; finds common ground and fosters cooperation with minimum noise.

Manage Vision and Purpose

• Demonstrate passion for improving business results.
• Understand how your role fits into the vision of the department and the organization.
• Apply an understanding of the department's vision and purpose to your prioritized work.

Physical Demands

• General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Work Location Category

• Hybrid (2 days) - Qualified candidate must be able to report to one of the office sites listed 2 days per week.

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COMPENSATION AND BENEFITS

Please click here for a list of benefits for which this position is eligible.

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