Senior Underwriter - LEAN CERTIFIED

KeyBank
Boston, Massachusetts, US
Full-time
We are sorry. The job offer you are looking for is no longer available.

Location :

Ensure you read the information regarding this opportunity thoroughly before making an application.

127 Public Square - Cleveland, Ohio 44114

About the Job

Perform due diligence and management activities for proposed healthcare, market rate multifamily and affordable multifamily FHA-insured loans.

ESSENTIAL JOB FUNCTIONS

  • Provide exceptional customer service to all clients. Pursue and develop internal and external relationships to facilitate well underwritten and risk-adverse real estate transactions that support the line of business strategy.
  • Mentor, inspire and motivate teammates. Set a good example. Act professionally. Be a role model. Encourage mutual support and respect.
  • Be able to thrive in a dynamic and fast-paced work environment, whether located in an underwriting office or part of a nationwide virtual office.
  • Actively contribute your unique talents, ideas and market intelligence in support of KeyBank's mission and complement the strengths of your teammates to achieve the KeyBank's goals.
  • Ability to effectively communicate verbally or in written form. Be a good listener. Promote frequent, informal and direct communication with teammates, clients, HUD and others.
  • Be self-confident, self-motivated and require minimal direct supervision. Drive transactions to successful conclusions that meet client expectations.
  • Make meaningful contributions to other platforms in the Commercial Mortgage Group (CMG) when requested or needed to ensure that CMG meets its goals.
  • Demonstrate proficiency and full engagement with all FHA-insured healthcare, market rate multifamily and affordable multifamily programs.

Provide programmatic and underwriting expertise when necessary.

  • Process, analyze and underwrite FHA-insured loans in a timely manner. Consistently follow established policy and procedures for underwriting real estate transactions to ensure an efficient, professional and risk-adverse process and product.
  • Manage deal teams that process, analyze and underwrite FHA-insured loans. Utilize all available resources to meet team demands and client expectations.
  • Collaborate with origination, underwriting, closing and loan servicing staff to ensure the department complies with HUD policy, procedure and guidance.
  • Work efficiently with management by professionally completing all duties as assigned and immediately elevate issues as needed.
  • Complete all compliance requirements related to each transaction to minimize risk.

MARGINAL OR PERIPHERAL FUNCTIONS

  • Support mortgage bankers and management in the origination of FHA-insured loans to facilitate new business.
  • Conduct training for staff as required. Recognize, promote and provide training opportunities for staff and self.
  • Recruit and onboard new staff.
  • Be active in trade organizations and be an exceptional representative of KeyBank at conferences, training and other events.

REQUIRED QUALIFICATIONS

  • Must demonstrate sound understanding of the fundamentals of analyzing commercial real estate transactions.
  • FHA Lean underwriting designation.
  • Bachelor's degree.
  • Minimum of ten years of experience in commercial real estate origination, analysis and / or underwriting.
  • Minimum of five years of experience in underwriting FHA-insured loans, with an emphasis on healthcare loans.
  • Must be proficient in the Microsoft and Adobe products.
  • Excellent verbal and written communication skills.

PREFERRED QUALIFICATIONS

  • FHA MAP underwriter and / or other professional designation.
  • Graduate level degree or coursework.
  • Degree in real estate, finance and / or economics.
  • Previous management experience.

COMPETENCIES / SKILLS

  • Demonstrates good organizational and time management skills.
  • Demonstrates initiative and good leadership qualities.
  • Works well in a team-oriented environment.
  • Handles conflict without a confrontational attitude.

EQUIPMENT USED / PHYSICAL REQUIREMENTS

  • PC-based software such as Word, Excel, Outlook and Adobe Acrobat.
  • Financial calculator and Excel-based financial analysis models.

TRAINING REQUIRED

  • Must complete KeyBank compliance training within the required timelines.
  • Must attend training to maintain Lean and MAP Certifications.
  • Must become familiar with KeyBank's processes and procedures for underwriting / processing.

Job Posting Expiration Date : 09 / 03 / 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 [email protected].

J-18808-Ljbffr

9 days ago
Related jobs
KeyBank
Boston, Massachusetts

FHA Lean underwriting designation. FHA MAP underwriter and/or other professional designation. Must attend training to maintain Lean and MAP Certifications. ...

Promoted
Selective Insurance
Boston, Massachusetts
Remote

Serves as a back up for open territories as needed for both AMS and Small Business Underwriters. ...

Contemporaries
Boston, Massachusetts

Our client, a Boston-based University, is looking for a contract Finance Business Analyst to support and provide assistance to units and departments with regard to budgetary and financial matters. The analyst may need to create a report on their own or take direction from management. ...

Northern Bank
Woburn, Massachusetts

The daily duties include, but are not limited to, reviewing the loan presentations that are prepared by credit analysts in various groups (specialty, middle market/real estate, community/SBA), and occasionally by portfolio analysts, and assist the credit review manager in training new hires within t...

010 TOPPAN MERRILL LLC
MA, US
Remote

Business System Analyst role supports the Business by working with Business Management, Subject Matter Experts, Product Owners, Project Managers, Technical Leads and Developers to provide Business Needs Analysis, Requirements elicitation, Requirements elaboration and Use Case/Story development. Form...

Sun Life
Wellesley, Massachusetts

The Municipal Credit Research team works closely with portfolio managers and traders; analysts’ responsibilities including recommending portfolio additions/deletions based on credit fundamentals, municipal investment strategy, and client needs, monitoring existing portfolio holdings, responding to c...

Wellington Management Company, LLP
Boston, Massachusetts

In addition, Bank Loan Credit Analysts regularly interact and collaborate with other investment professionals at the firm including other Credit Analysts, Equity Analysts, ESG Analysts, Portfolio Managers, Traders, and Macro Strategists. As part of the continued expansion of our global investment pl...

JOHNLEONARD
Boston, Massachusetts

To give you an idea of how this role will look and feel, here are some of the duties the Investment Analyst will be responsible for:. Underwrite individual and pools of credit. A Bachelor's degree and 1-2 years of private or public credit underwriting experience. If this Investment Analyst/Associate...

St. Mary's Bank
Boston, Massachusetts

This position is responsible for producing quality mortgage loans, providing great service and quality information to members and ensuring compliance of all federal, state and Credit Union regulations. Minimum of Associates degree in business with three or more years experience in mortgage originati...

Sunrise Systems
Cambridge, Massachusetts

Business Analyst – Workload Optimization Job code:. The Business Analyst achieves the objectives of the role, primarily using Micro Soft Excel, Teams and Share Point, to:. Management or Business Administration). ...