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KeyBank

Provides banking, loans, and financial services

Commercial Lean Group Specialist

Retail & Commercial BankingPosted on Nov 10
Full-timeBrooklyn, OH, USA

About the Job

Requirements

  • A 2-year college degree or equivalent real estate business experience is required.
  • Strong solution-oriented and problem-solving skills are required.
  • Attention to detail is required.
  • Strong written and verbal communication skills are required.
  • Ability to read and interpret complex legal documents is required.
  • Ability to independently perform complex research tasks is required.
  • Personal computer proficiency, including familiarity with Microsoft Excel and Word, is required.

Responsibilities

  • Support multiple servicing teams and portfolios across a variety of products.
  • Support construction and interim loan servicing, lines of credit, portfolio, system and collateral administration, document exceptions, expiring UCCs and related client services.
  • Communicate with Service Officers, Closers, internal and external clients, lending staff and business partners.
  • Validate through loan systems that loans are paid in full, including principal, fees and interest.
  • Review collateral in loan systems to ensure it is not tied to other open or outstanding loans or lines.
  • Verify that loan or servicing rights were not previously sold or assigned to another bank.
  • Obtain approval from the borrower's Contact Officer or Credit Officer to ensure collateral will not secure future loans or lines.
  • Prepare, execute, notarize and file lien documents with the appropriate recording agency, or coordinate the same through a third-party vendor, to perfect or release liens.
  • Maintain accurate and complete records of actions performed.
  • Meet task-specific service-level, quality and productivity standards after onboarding while adhering to bank policies and department procedures.
  • Review loan and collateral documentation needed to secure the bank's security interest.
  • Generate, review and distribute reports as appropriate.
  • Provide backup for all aspects of servicing for team members.
  • Communicate problems or issues promptly to the Manager and/or Relationship Manager.
  • Monitor incoming new-loan, modification and document-management requests and maintain the documentation and loan-status log in a timely manner.
  • Track receipt of required legal documents from loan closings and modifications.
  • Assist Relationship Managers, Relationship Officers, Closers and Servicing Officers with post-closing follow-up for missing or incomplete legal documents.
  • Provide support and assistance with departmental projects as needed.

Desired Qualifications

  • Knowledge of loan systems, preferably CLS and Loan IQ, and deposit systems.
  • Knowledge of commercial loan documentation and collateral.
  • Experience working in the KeyView Deluxe application.
  • Prior collateral processing, loan records or underwriting experience.

About the Company

KeyBank

Provides banking, loans, and financial services

KeyBank provides a full range of banking services for individuals, small businesses, and commercial clients across the United States. It offers checking and savings accounts, credit cards, mortgages, loans, and other financial products. Customers use these products by making deposits, borrowing money, or using credit in everyday life; the bank earns interest on loans, fees for services, and commissions on products. KeyBank differs from many rivals by offering a wide geographic footprint and a focus on tailored financial solutions plus tools to improve financial wellness, such as budgeting resources and planning guidance. Its goal is to help clients reach financial milestones—like buying a home, paying down debt, or saving for the future—through a comprehensive set of services.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Cleveland, OH
Founded
1824

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