KeyCorp Hiring for Regional Underwriting Leader – Community Development Lending at Denver, Colorado Full Time

Location:For Those Who Work At Home – Various, California 94121

Key Bank Community Development Lending and Investment (CDLI) is looking
for an experieinced community development leader to join our growing team. The
Regional Underwriting Manager will lead a team of Sr. Underwriters and
Underwriting Project Managers responsible for analyzing and closing Affordable
Housing real estate debt and equity transactions. The individual will provide
direct oversight and leadership to a regional underwriting team to maintain
consistent underwriting processes, to manage balanced workflow, and to
assist with complex transactional or client matters.

The Underwriting Manager will be a key leader within the CDLI business line to
drive business growth and risk management as a collaborative partner with
Regional Sales Leaders, Regional Asset Management Leaders, and business
line Credit Officers. The individual will also partner closely with Key
enterprise groups including equity and debt Syndications, Loan Servicing,
Sales Enablement, and Data Analytics.

The Underwriting Manager must have signifciant experieince closing,
originating or managing risk associated with Low Income Housing Tax Credit
(LIHTC) equity investments and community development debt products.
Aditionally, the individual will be responsible for building and leading a
diverse, equitable, and inclusive team through ongoing professional
development and talent management.

ESSENTIAL JOB FUNCTIONS

Lead a regional underwriting team to ensure high-quality, risk-based
underwriting and analysis of debt and equity Affordable Housing and Community
Development transactions and sponsors.
Review underwriting packages and real estate/LIHTC financial modeling to
facilitate Credit approval and closing of new transactions.

Support and influence the deal team to solve complex financing and deal
structuring situations, balancing risk metrics and customer expectations.

Manage regional pipeline and deal assignments to monitor team capacity and
support workflow throughout the underwriting and closing process. Provide
accountability for clear and timely communication of deal progress to internal
and external stakeholders.

Partner with the division COO and Regional Sales Managers to provide
underwriting trend and business insights specific to the region’s
pipeline, portfolio, and clients. Assess underwriting risk and
opportunities to recommend adjustments to portfolio strategies, origination
volumes, and deal terms/structures.

Build and foster a high performing, equitable, and inclusive team-based
culture within the CDLI team. Provide individual mentorship, development
planning, goal setting, training, and performance management to team members.

Collaborate with business partners and cross-functional stakeholders including
Credit Risk Management, Loan Servicing, Tax Credit and Loan
Syndications, and Asset Management to provide seamless customer execution.

REQUIRED QUALIFICATIONS

Bachelor’s Degree in Business Administration, Finance, Urban
Planning/Real Estate, or Engineering
Expert in Low Income Housing Tax Credit and Community Lending industry with
underwriting and/or risk management experience (10+ years’ experience)
Advanced ability to communicate and persuade internal and external
stakeholders in written and verbal communications
Demonstrated credit risk analysis, project management, and financial
analysis experience in a lending or investing environment
Advanced proficiency in MS Office suite (Excel, Word, PowerPoint),
Salesforce, and other common asset/loan management systems

PREFERRED QUALIFICATIONS

MBA, CPA, other advanced degree, or 15+ years LIHTC industry experience
5+ years experience underwriting, originating, or closing community
development loans and/or equity investments
Experience leading community development or commercial real estate
underwriting, risk management, or origination teams
3+ years ‘ experience leading a team: recruiting, hiring, training,
performance management
Excellent prioritization and time management abilities; can prioritize a
broad range of activities and keep projects/tasks moving forward within a
reasonable timeframe

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $160,000to
$190,000 annually depending on job-related factors such as level of
experience. Compensation for this role also includeseligibility forshort-term
incentive compensation and deferred incentive compensation subject to
individual and company performance. Please click for a list of benefits for
which this position is eligible.

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

Key has implemented a role-based Mobile by Design approach to our employee
workspaces, dedicating space to those whose roles require specific
workspaces, while providing flexible options for roles which are less
dependent on assigned workspaces and can be performed effectively in a mobile
environment. As a result, this role may be Mobile or Home-based, which
means you may work primarily either at a home office or in a Key facility to
perform your job duties.

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to