Credit Associate

Location:

About the Job
Credit Associates are experienced commercial underwriters who are responsible for reviewing and analyzing all types of credit information on existing and prospective customers with total commitments up to $10 million. This position will primarily support clients originating from the Business Banking and Middle Market Lines of Business. This underwriting role assists in structuring new requests, as well as completing renewals, while independently managing workflow and communication with partners. Credit Associates are required to decision loans within an assigned lending authority, and make educated, well-thought recommendations when decisioning requires a higher-level approval authority. This position reports to an Underwriting Team Lead.

Essential Job Functions

• Review financial statements and all other relevant financial analysis as well as non-financial data to develop a concise focused analytical foundation for a credit decision.

• Collaborate with bankers and credit partners to drive the efficiency and effectiveness of the credit process to meet client expectations.

• Responsible for the development of quality credit memos and adherence to KeyBank's credit policy.

• Decision loans within delegated authority or recommend decision to appropriate credit partner.

• Monitor and identify risks within the existing portfolio.

• Identify and escalate material issues or trends in a timely manner.

• Serves as mentor, coach and trainer for the analyst and junior underwriting staff.

• Periodic projects related to strategic initiatives and evolving risk management environment.

Required Qualifications

• At least two years of commercial underwriting experience ($1MM - $10MM in commitments)

• Bachelor's degree with a preferred focus on business course work, or equivalent work experience

• Firm understanding of commercial credit underwriting/approval methodologies.

• Satisfactory understanding and knowledge of commercial credit policies, procedures, and loan systems

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

• Ability to work well individually as well as part of a team

• Demonstrated business writing and communications/presentation skills

• Satisfactory knowledge and proficiency in working with personal computers and business software (e.g. Microsoft Office - Word, Excel)

• Eligibility to work permanently in the U.S.

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 .