Commercial Credit Underwriter

Commercial Credit Underwriters

Commercial Credit Underwriters 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. Commercial Credit Underwriters 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

This position is not eligible for employment visa (e.g., H-1B) sponsorship. Applicants must be authorized to work in the United States on a full-time basis.

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $61,000 to $85,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.

Job Posting Expiration Date : 07 / 31 / 2025 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. 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.